January 11, 2016
Monday’s Adjudication Roundup
New York state appeals court affirmed denying dismissal of claims against Morgan Stanley for fraud. Plaintiff bought $17 million in high-risk notes tied to residential mortgage-backed securities in a $500 million collateralized debt obligation that eventually were wiped out. Quicken … Continue reading
January 11, 2016 in CUBE | Permalink | No Comments
January 6, 2016
Wednesday’s Academic Roundup
House Prices and Job Losses, Gabor Pinter, Bank of England Working Paper No. 569. The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation, Hanming Fang, You Suk Kim & Wenli Li, PIER Working Paper No. 041. High and Low … Continue reading
January 6, 2016 in CUBE | Permalink | No Comments
January 4, 2016
Monday’s Adjudication Roundup
The U.S. Department of Justice has filed suit against Trump Village Section IV in Brooklyn for allegedly violating the Fair Housing Act by not allowing emotional support dogs to live with their owners who suffered from disabilities. Ocwen Financial Corp. … Continue reading
January 4, 2016 in CUBE | Permalink | No Comments
December 31, 2015
Thursday’s Advocacy & Think Tank Round-Up
Enterprise Community Partners’ latest blog post in the Spotlight on HOME Investment Partnership series highlights the experience of 22 year old Lani, a single mother of two boy’s, who was able to transition from homelessness to stability with the help … Continue reading
December 31, 2015 in CUBE | Permalink | No Comments
December 30, 2015
Wednesday’s Academic Roundup
Mortgage Choice Determinants: The Role of Risk and Bank Regulation, Mardi H. Dungey, Firmin Doko Tchatoka, Graeme Wells & Maria Yanotti, Economic Record, Vol. 91, Issue 295, pp. 417–437, 2015 (Paid Access). Subprime Governance: Agency Costs in Vertically Integrated Banks … Continue reading
December 30, 2015 in CUBE | Permalink | No Comments
December 29, 2015
Tuesday’s Regulatory & Legislative Round-Up
The White House’s Promise Zone initiative is seeking new applications from communities interested in becoming promise zones. Promise Zones were created in 2013 by The Obama Administration, with the goal of partnering with high poverty communities to create jobs, and promote … Continue reading
December 29, 2015 in CUBE | Permalink | No Comments
December 28, 2015
Monday’s Adjudication Roundup
HSBC settles class action by homeowners that claimed the bank received kickbacks for insurance policies on their properties. Goldman Sachs, Deutsche Bank and RBS have petitioned the US Supreme Court to consider repose statutes and statutes of limitations extenders that … Continue reading
December 28, 2015 in CUBE | Permalink | No Comments
