September 1, 2015
Tuesday’s Regulatory & Legislative Round-Up
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
September 1, 2015 in Affordable Housing | Permalink | No Comments
August 31, 2015
Monday’s Adjudication Roundup
Thornburg Mortgage Inc. Ch. 11 trustee wins $45 million against RBC Capital Markets LLC for seizing and miscalculating the value of some mortgage-backed securities from Thornburg in 2007. Fidelity National Title Insurance Co. will not be liable for $38 million … Continue reading
August 31, 2015 in Affordable Housing | Permalink | No Comments
August 28, 2015
Friday’s Government Reports Roundup
According to the Family Outcomes Study conducted by HUD, Housing Choice Vouchers are critical in families maintaining housing. Children from homeless families that receive vouchers “are less likely to miss school, and they experience lower rates of hunger and domestic … Continue reading
August 28, 2015 in Affordable Housing | Permalink | No Comments
August 27, 2015
Thursday’s Advocacy & Think Tank Round-Up
Affordable Rental Housing A.C.T.I.O.N. (A Call to Invest in Our Neighborhooods) has released both a National Fact Sheet and State specific Fact Sheets on the impact of the Low Income Housing Tax Credit Impact (LIHTC), which it characterizes the LIHTC … Continue reading
August 27, 2015 in Affordable Housing | Permalink | No Comments
August 26, 2015
Wednesday’s Academic Roundup
The Effect of Economic Growth of a City on Its Neighboring Areas – Evidence from the US, T.M. Tonmoy Islam. Realigning Metrics of Economic Well-Being in Residential and Commercial Development Through Sustainable Land Use Planning, Blake Hudson, Washburn Law Journal, … Continue reading
August 26, 2015 in Affordable Housing | Permalink | No Comments
August 25, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau (CFPB) has released a series of guides to managing someone else’s money or property in Virginia. There are four separate guides which cover: revocable living trusts, power of attorney, representative payees and fiduciaries, and court … Continue reading
August 25, 2015 in Affordable Housing | Permalink | No Comments
August 24, 2015
Monday’s Adjudication Roundup
Building investors sue Waterbridge Capital LLC for $10 million for allegedly selling units and pocketing profits, refusing to pay back its investors. Hurricane Sandy $25 million contract-insurance suit is dismissed against one of the defendants, Arch Insurance Group and its … Continue reading
August 24, 2015 in Affordable Housing | Permalink | No Comments
