- The Hispanic Wealth Project released “The State of Hispanic Homeownership Report,” which found that Hispanic homeownership is at its highest since 2009.
- The Harvard Joint Center for Housing Studies released a case study examining the private for-profit sector’s importance in affordable housing development, focusing on the country’s leading for-profit affordable housing developers.
Author Archives: Shea Cunningham
Wednesday’s Academic Roundup
- Speculative Fever: Investor Contagion in the Housing Bubble, Patrick J. Bayer, Kyle Mangum & James W. Roberts, Economic Research Institutes at Duke (ERID) Working Paper No. 211.
- Network Affiliation and Mortgage Modification in the Non-Agency MBS Market, James Neil Conklin, Moussa Diop & Walter D’Lima.
- Special Economic Zones in the United States: From Colonial Charters, to Foreign-Trade Zones, Toward USSEZs, Tom W. Bell, Chapman University, Fowler Law Research Paper No. 16-02.
- Addicted to Government? The Impact of Housing Assistance on Program Participation of Welfare Recipients, Barbara A. Haley & Aref Dajani, Poverty & Public Policy 2015.
- Sharing and the City, Michèle Finck & Sofia Ranchordas.
- Residential Mortgages and Public Policy: What to Do with Fannie and Freddie?, David Kohn & James S. Sagner, Business and Society Review, Vol. 121, Issue 1, pp. 161-183, 2016 (Paid Access).
Tuesday’s Regulatory & Legislative Roundup
- New ordinance in Minneapolis, MN requires landlords to handout voter registration forms to new tenants in hopes that such a requirement will ensure that the local election administrators have accurate voter information.
- The Federal Reserve announced that even though inflation picked up, it is not over the Fed’s two percent objective, and thus, the current interest rate for bank lending will remain at 0.25 percent and 0.5 percent.
Monday’s Adjudication Roundup
- The Sixth Circuit affirmed the dismissal of a False Claims Act suit against US Bank for allegedly trying to prevent home foreclosures by ignoring a commitment, costing the government $2.3 billion in insurance payments.
- Apartment owner loses in $14 million suit against Dish Network and DireTV because it failed to prove that the companies were responsible for the damages to the roof and walls in the apartment complex.
Friday’s Government Reports Roundup
- The S. Government Accountability Office (GAO) released a report on the Troubled Asset Relief Program (TARP) making two recommendations to the Treasury: (1) the Treasury should estimate future expenditures for the Making Home Affordable program, and (2) it should deobligate funds that will likely not be expended and move up to $2 billion of such funds to the TARP-funded Hardest Hit Fund.
Thursday’s Advocacy & Think Tank Roundup
- The National Low-Income Housing Coalition released state-by-state estimates of funds allocated by the National Housing Trust Fund.
- A new study published in Sociological Studies found that in major cities like New York, Chicago, Los Angeles and Houston, 35 percent of all neighborhoods will eventually re-segregate in the next 20 years.
- The Economic Policy Institute released a report on wage inequality, finding that it has continued in its 35-year rise last year.
Wednesday’s Academic Roundup
- Consumer Risk Appetite, the Credit Cycle, and the Housing Bubble, Joseph L. Breeden & José J. Canals-Cerda, FRB of Philadelphia Working Paper No. 16-5.
- The Pricing Effects of Open Space Amenities, Qin Fan, J. Andrew Hansz & Xiaoming Yang, Journal of Real Estate Finance and Economics, Vol. 52, No. 3, 2016.
- Real Estate Risk and Hedge Fund Returns, Brent W. Ambrose, Charles Cao & Walter D’Lima, Journal of Real Estate Finance and Economics, Vol. 52, No. 3, 2016.
- Pricing Mortgages: Endogenous Interest Rate and Leverage, Liang Peng.
- Climate Resilient Urban Development: Why Responsible Land Governance is Important, David P. Mitchell, Stig Enemark & Paul Van der Molen, Land Use Policy, 49 (2015) 190-198.
- Buying Happiness: Property, Acquisition, & Subjective Well-Being, David Fagundes.
- Property, Intellectual Property, and Social Justice: Mapping the Next Frontier, Peter S. Menell, Brigham-Kanner Property Rights Conference Journal 2015, UC Berkeley Public Law Research Paper No. 2736517.
