June 17, 2015
Wednesday’s Academic Roundup
An Extrapolative Model of House Price Dynamics, Edward L. Glaeser & Charles Nathanson, HKS Working Paper No. RWP15-012. Old Suburbs Meets New Urbanism, Nicole Stelle Garnett, Notre Dame Legal Studies Paper No. 1512. Credit Scoring and Loan Default, Rajdeep Sengupta & … Continue reading
June 17, 2015 in CUBE | Permalink | No Comments
June 16, 2015
Tuesday’s Regulatory & Legislative Round-Up
2016 Transportation Housing and Urban Development Bill passed in the House of Representatives – funding for certain programs, such as section 8 has been increased, however according to Enterprise Community partners (see Budget chart), it underfunds other critical federal housing and community … Continue reading
June 16, 2015 in CUBE | Permalink | No Comments
June 15, 2015
Monday’s Adjudication Roundup
The CFPB increased PHH Corp.’s penalty to $109 million from $6.4 million on appeal, while upholding an administrative judge’s ruling that the firm was involved in a mortgage insurance kickback scheme. A class of PHH borrowers have been granted cert … Continue reading
June 15, 2015 in CUBE | Permalink | No Comments
June 12, 2015
Friday’s Government Reports
Consumer Financial Protection Bureau (CFPB) recently released a report entitled A Closer Look a Reverse Mortgage Advertisements and Consumer Risks which discusses its findings regarding the failure of reverse mortgage ads to mention the considerable risks involved in reverse mortgage loans (while extolling … Continue reading
June 12, 2015 in CUBE | Permalink | No Comments
June 11, 2015
Thursday’s Advocacy & Think Tank Round-Up
The MacArthur Foundation’s report on the findings of its, How Housing Matters Survey – reveals a lasting perception that the Housing Crisis persists. NYU Furhman Center released the third in a five part series of policy briefs on affordable housing. The … Continue reading
June 11, 2015 in CUBE | Permalink | No Comments
June 10, 2015
Wednesday’s Academic Roundup
Racial Discrepancy in Mortgage Interest Rates, by Ping Cheng, Zhenguo Lin, & Yingchun Liu, Journal of Real Estate Finance and Economics, Vol. 51, No. 1, 2015. House Prices, Local Demand, and Retail Prices, by Johannes Stroebel & Joseph Vavra, CEPR … Continue reading
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June 8, 2015
Monday’s Adjudication Roundup
The United States Supreme Court held that Chapter 7 debtors cannot get rid of junior liens on underwater home loans under the bankruptcy code.
June 8, 2015 in CUBE | Permalink | No Comments