August 12, 2015
Wednesday’s Academic Roundup
Housing Markets and Unconventional Monetary Policy, Charles Rahal. The Effect of Housing Wealth Shocks on Work and Retirement Decisions, Jaclene Begley & Sewin Chan. Millennials, Baby Boomers, and Rebounding Multifamily Home Construction, Jordan Rappaport, Federal Reserve Bank of Kansas City … Continue reading
August 12, 2015 in CUBE | Permalink | No Comments
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 CUBE | 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 CUBE | Permalink | No Comments
August 7, 2015
Friday’s Government Reports
The Consumer Financial Protection Bureau’s (CFPB) “Leveraging technology to empower mortgage consumers at closing” found that consumers would benefit from electronic closings. Results indicate that those consumers who completed a closing on an electronic platform had a superior experience with regard … Continue reading
August 7, 2015 in CUBE | 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 CUBE | 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 CUBE | 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 CUBE | Permalink | No Comments