REFinBlog

Editor: David Reiss
Cornell Law School

November 17, 2015

Housing Affordability in NYC

By David Reiss

The Citizens Budget Commission has released Whose Burden Is It Anyway? Housing Affordability in New York City by Household Characteristics. The CBC produced some interesting and counterintuitive policy briefs last year, in which it examined housing affordability across large U.S. cities … Continue reading

Tuesday’s Regulatory & Legislative Round-Up

By Serenna McCloud

The Federal Housing Administration (FHA) has announced relaxed requirements, effective immediately, for condominium project approval.  The move is intended to increase options for affordable housing for 1st time and low income homebuyers.  Among the changes are streamlining project recertification, expanding … Continue reading

November 16, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Following SCOTUS’s March Omnicare decision, a pension fund is claiming that the Second Circuit failed to take into account said decision in failing to revive Bank of America mortgage suit. The plaintiff requests SCOTUS’s review. U.S. District Court judge dismisses … Continue reading

November 13, 2015

Friday’s Government Reports

By Serenna McCloud

The Federal Housing Finance Agency (FHFA) announced that it plans to expand the Neighborhood Stabilization Initiative into 18 additional Metropolitan areas -the program gives community organizations an “advanced first look” opportunity to purchase foreclosed Fannie Mae and Freddie Mac properties, … Continue reading

November 12, 2015

Thursday’s Advocacy & Think Tank Round-Up

By Serenna McCloud

The Center on Budget and Policy Priorities has released a report Realizing the Housing Voucher Program’s Potential to Enable Families to Move to Better Neighborhoods in which it recommends key changes which would lead to long term upward mobility for families using … Continue reading

November 11, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

The Value of Manufactured Housing Communities: A Dual-Ownership Model, Charles Becker & Ashley Yea, Economic Research Initiatives at Duke (ERID) Working Paper No. 196. Liquidity Provision, Credit Risk and the Bond Spread: New Evidence from the Subprime Mortgage Market, Xudong … Continue reading

November 6, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

HUD’s Office of Policy Development & Research released its most recent issue of Cityscape, featuring research from a symposium about affordable housing and neighborhood qualities. The HOME Coalition released “Building HOME: The HOME Investment Partnerships Program’s Impact on America’s Families … Continue reading