March 23, 2015
Monday’s Adjudication Roundup
Court denies US Bank’s opportunity to revive suit against Citigroup over hundreds of millions of dollars in mortgage-backed securities sold during the financial crisis. IL court refuses to dismiss suit against Bank of America over lowering underwriting standards for borrowers … Continue reading
March 23, 2015 in CUBE | Permalink | No Comments
March 16, 2015
Monday’s Adjudication Roundup
BofA has asked a PA federal judge to dismiss a class action RICO suit alleging kickbacks from overpriced mortgage insurance claiming it is the same suit that was dismissed as time-barred by Third Circuit in October. Deloitte is potentially facing … Continue reading
March 16, 2015 in CUBE | Permalink | No Comments
March 13, 2015
Friday Government Report Roundup
US Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) released two reports discussing the difference in risk between conventional lenders and CDFIs. CDFIs Stepping into the Breach: An Impact Evaluation—Summary Report. Risk and Efficiency among CDFIs: A Statistical Evaluation … Continue reading
March 13, 2015 in CUBE | Permalink | No Comments
March 11, 2015
Wednesday’s Academic Roundup
Countercyclical Regulation and Its Challenges, by Patricia A. McCoy, Boston College Law School Legal Research Paper No. 351. Low-Income Housing Tax Credit Developments and Neighborhood Property Conditions, Kelly D. Edmiston, February 20, 2015. First Principles for Regulating the Sharing Economy, … Continue reading
March 11, 2015 in CUBE | Permalink | No Comments
March 9, 2015
Monday’s Adjudication Roundup
Shareholders of Deutsche Bank petitioned for cert to the U.S. Supreme Court to clarify the standard for a claim for pleading a fraudulent claim under Section 11 of the Securities Act of 1933 following the Second Circuit tossing their suit … Continue reading
March 9, 2015 in CUBE | Permalink | No Comments
March 6, 2015
Friday’s Government Reports Round-up
Budgetary Impact of Major Federal Programs that Guarantee Mortgages—Congressional Budget Office’s January 2015 Baseline California Assembly Democrat’s Proposal to Create More Affordable Housing in California Dr. Michael Stegman, Counselor to the Treasury Secretary for Housing Finance Policy, Remarks before the … Continue reading
March 6, 2015 in CUBE | Permalink | No Comments
March 5, 2015
Thursday’s Advocacy & Think Tank Round-up
ACLU: “Here We Go Again: Communities of Color, The Foreclosure Crisis, and Loan Servicing Failures” Federal Housing Finance Agency – HPI Calculator – projects what a given house purchased at a point in time would be worth today if it appreciated … Continue reading
March 5, 2015 in CUBE | Permalink | No Comments
