REFinBlog

Editor: David Reiss
Cornell Law School

September 15, 2015

Tuesday’s Regulatory & Legislative Round-Up

By Serenna McCloud

The U.S. Department of Housing and Urban Development (HUD) held a policy conference to commemorate the 50 year anniversary of the Fair Housing Act.  Among the conference materials is a report from the Government Accountability Office (GAO) which states the the … Continue reading

September 14, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Bank of America, Wells Fargo & Citigroup cannot escape the City of Miami’s discriminatory lending suit, which caused a loss in city tax revenue. Texas federal judge sanctions the US Environmental Protection Agency for failure to turn over documents that … Continue reading

September 11, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

The FHFA releases it 2015-2017 Housing Goals for Fannie Mae & Freddie Mac. The US Department of Agriculture released its 20th Annual Food Security Report. The reports shows that 1 in 7 people live in food insecure households, but there … Continue reading

September 9, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

The Effect of Negative Equity on Mortgage Default: Evidence from HAMP PRA, Therese C. Scharlemann & Stephen H. Shore, Office of Financial Research Working Paper No. 15-06. Housing Tax Reform and Foreclosure Rates, Richard Dusansky & Firas Zebian, Journal of … Continue reading

September 3, 2015

Thursday’s Advocacy & Think Tank Round-Up

By Serenna McCloud

Corelogic’s recently released, Home Price Indicator (HPI) predicts that home prices will appreciate 4.7% from July 2015 to July 2016. MakeRoom’s campaign to bring attention to the millions of families who struggle to pay rent.  Every first of the month, … Continue reading

September 2, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

On the Cyclicity of Regional House Prices: New Evidence for U.S. Metropolitan Statistical Areas, Michael André Flor & Torben Klarl, CESifo Working Paper Series No. 5471. How Mortgage Finance Affects the Urban Landscape, Sewin Chan, Andrew Haughwout & Joseph S. … Continue reading

September 1, 2015

Tuesday’s Regulatory & Legislative Round-Up

By Serenna McCloud

Fannie Mae announced HomeReady – a new affordable lending product which will be rolled out later in the year.  The program includes features designed to make it more flexible for lenders and buyers alike.  For lenders Desktop Underwriter (DU) allows … Continue reading