July 30, 2015
Airbnb in NYC
New York Communities for Change/Real Affordability for All have issued a housing report, Airbnb in NYC. This is an advocacy piece that raises important questions about how Airbnb is changing the nature of housing markets in a hot destinations. The report … Continue reading
July 30, 2015 in Affordable Housing | Permalink | No Comments
Thursday’s Advocacy & Think-Tank Round-Up
Enterprise Community Partner’s and other affordable housing advocates have launched #CapsHurtCommunities, a campaign to raise spending caps imposed and restore critical funding. They are urging organizations and concerned citizens to reach out to Congress while the members on recess – asking them to … Continue reading
July 30, 2015 in Affordable Housing | Permalink | No Comments
July 29, 2015
Wednesday’s Academic Roundup
The Marginal Effect of First-Time Homebuyer Status on Mortgage Default and Prepayment, Saty Patrabansh, FHFA Working Paper 15-2. Gender Bias and Credit Access, Steven Ongena & Alexander A. Popov, ECB Working Paper No. 1822. Explaining the Boom-Bust Cycle in the … Continue reading
July 29, 2015 in Affordable Housing | Permalink | No Comments
July 28, 2015
Tuesday’s Regulatory & Legislative Update
The Federal Housing Administration (FHA) released a final notice, The Small Buildings Risk Sharing Initiative invites private sector lenders to partner with the FHA to provide long term fixed rate capital to small building owners with mortgages of $3 – 5 million. Lending … Continue reading
July 28, 2015 in Affordable Housing | Permalink | No Comments
July 27, 2015
Monday’s Adjudication Roundup
New York federal courts says HSBC Bank USA NA will face suit from National Credit Union Administration for over $2 billion in mortgage backed securities that HSBC served as trustee for. In the US DOJ’s reply in Quicken Loans suit … Continue reading
July 27, 2015 in Affordable Housing | Permalink | No Comments
July 24, 2015
Friday’s Government Reports
The U.S. Census Bureau and U.S. Department of Housing and Urban Development jointly released the New Residential Construction statistics for June 2015 – which shows sizable increases in housing starts (compared to June 2014) for multiple unit construction, particularly in the … Continue reading
July 24, 2015 in Affordable Housing | Permalink | No Comments
July 23, 2015
Thursday’s Advocacy & Think Tank Round-Up
The Federal Reserve Bank of New York’s Staff Report, Determinants of Mortgage Default and Consumer Credit Use: The Effects of Foreclosure Laws and Foreclosure Delays, examines the interconnectedness of debt repayment decisions – specifically finding that mortgage default is negatively correlated with … Continue reading
July 23, 2015 in Affordable Housing | Permalink | No Comments
