December 29, 2015
Tuesday’s Regulatory & Legislative Round-Up
The White House’s Promise Zone initiative is seeking new applications from communities interested in becoming promise zones. Promise Zones were created in 2013 by The Obama Administration, with the goal of partnering with high poverty communities to create jobs, and promote … Continue reading
December 29, 2015 in Affordable Housing | Permalink | No Comments
December 28, 2015
What Makes NYC Crowded
NewsDocVoices quoted me in What Makes NYC Become More and More Crowded. It reads, in part, Yuqiao Cen, a graduate engineering student at NYU, makes sure to shower before 10pm every night, otherwise she is criticized for making too much noise in … Continue reading
December 28, 2015 in Affordable Housing | Permalink | No Comments
Monday’s Adjudication Roundup
HSBC settles class action by homeowners that claimed the bank received kickbacks for insurance policies on their properties. Goldman Sachs, Deutsche Bank and RBS have petitioned the US Supreme Court to consider repose statutes and statutes of limitations extenders that … Continue reading
December 28, 2015 in Affordable Housing | Permalink | No Comments
December 24, 2015
Thursday’s Advocacy & Think Tank Round-Up
The National Association of Realtors (NAR)’s Existing Home Sales (EHS) (completed transactions). EHS fell 10.5% from October and 3.8% from last November. NAR believes this precipitous decline is not due to any decrease in demand but, rather, tight inventory and the … Continue reading
December 24, 2015 in Affordable Housing | Permalink | No Comments
December 23, 2015
Wednesday’s Academic Roundup
Real Estate Price Indices and Price Dynamics: An Overview from an Investment Perspective, David Geltner, Annual Review of Financial Economics, Vol .7, pp. 615–633, 2015. Migration and Housing Price Effects of Place-Based College Scholarships, Timothy J. Bartik & Nathan Sotherland, … Continue reading
December 23, 2015 in Affordable Housing | Permalink | No Comments
Tuesday’s Regulatory & Legislative Round-Up
Congress has finally passed the much awaited Tax extender’s legislation, H.R 2029 The Consolidated Appropriations Act, included is a win for affordable housing advocates – the nine percent minimum Low Income Housing Tax Credit was made permanent. The Federal Housing … Continue reading
December 23, 2015 in Affordable Housing | Permalink | No Comments
December 21, 2015
Monday’s Adjudication Roundup
Class action suit filed against JPMorgan for alleged illegal demand of payment from junior mortgage holders who’s senior mortgages had been foreclosed. The class claims that JPMorgan’s demands violated several California laws. PHH Corp. urges the DC Circuit to vacate … Continue reading
December 21, 2015 in Affordable Housing | Permalink | No Comments
