August 11, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau recently released a compliance bulletin regarding Amendment to the Interstate Land Sales Full Disclosure Act. The bulletin provides information to interested parties, primarily developers, regarding the extension of exemption from registration and disclosure requirements of … Continue reading
August 11, 2015 in Affordable Housing | Permalink | No Comments
August 10, 2015
Monday’s Adjudication Roundup
NY federal court approves Citigroup Global Markets Inc., Goldman Sachs & Co. and UBS Securities LLC settlement for $235 million in class action from pension fund for false prospectuses in mortgage-backed securities. Better Markets, a financial reform advocacy group, files … Continue reading
August 10, 2015 in Affordable Housing | Permalink | No Comments
August 6, 2015
Thursday’s Advocacy & Think Tank Round-Up
MakeRoom’s campaign to bring awareness to the housing affordability concert by arranging concerts on the first (when rent is due) in the homes of families struggling to pay the rent. On August 1st Nashville an single mom, Marlene and her family were … Continue reading
August 6, 2015 in Affordable Housing | Permalink | No Comments
August 5, 2015
Wednesday’s Academic Roundup
The Impact of the Home Valuation Code of Conduct on Appraisal and Mortgage Outcomes, Lei Ding & Leonard I. Nakamura, FRB of Philadelphia Working Paper No. 15-28. Financial Literacy and Mortgage Credit: Evidence from the Recent Mortgage Market Crisis, Xudong … Continue reading
August 5, 2015 in Affordable Housing | Permalink | No Comments
August 4, 2015
Tuesday’s Regulatory & Legislative Round-Up
New York City Mayor Bill De Blasio recently unveiled an Inclusionary Housing Program which allows developers to build beyond existing restrictions if they create permanent affordable units, this is one of the most aggressive programs in the country – as many as … Continue reading
August 4, 2015 in Affordable Housing | Permalink | No Comments
August 3, 2015
Monday’s Adjudication Roundup
The Third Circuit upholds class certification in case against PNC Bank NA, in which individuals are alleging the bank participated in an illegal home equity lending scheme. Residential Credit Solutions Inc., a mortgage servicing company, will pay $1.6 million in … Continue reading
August 3, 2015 in Affordable Housing | Permalink | No Comments
July 31, 2015
Friday’s Government Reports Roundup
HUD’s Office of Policy Development and Research released paper, which describes its “Bridge to Family Self-Sufficiency” Program. The program is intended to determine if low-income families in public housing improve their overall stability, with the right support. HUD released public, … Continue reading
July 31, 2015 in Affordable Housing | Permalink | No Comments
