March 4, 2015
Wednesday’s Academic Roundup
American Dream in Flux: The Endangered Right to Lease a Home, by Andrea J. Boyack, Real Property, Trust and Estate Law Journal, Vol. 49, No. 2, 2014. A Guide to New York State Commercial Landlord-Tenant Law and Procedure, by Gerald … Continue reading
March 4, 2015 in CUBE | Permalink | No Comments
March 3, 2015
Tuesday’s Regulatory & Legislative Round-Up
H.R. 1142 was introduced in Congress to amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit program, an identical bill was introduced into last year’s Congress (text … Continue reading
March 3, 2015 in CUBE | Permalink | No Comments
March 2, 2015
Monday’s Adjudication Roundup
Morgan Stanley agrees to pay the DOJ $2.6 billion to end investigation about its mortgage-backed securities deals during the financial crisis. MetLife settles with DOJ for $123.5 million for issuing mortgages that did not meet underwriting standards. Settlement Agreement. Statement … Continue reading
March 2, 2015 in CUBE | Permalink | No Comments
February 26, 2015
Thursday’s Advocacy & Think Tank Round-up
Center for New York City Neighborhoods – Testimony Before the NYC Community Investment Advisory Board, finds affordable housing at risk on several fronts Fannie Mae: “Housing off to a Slow Start” Fannie Mae: Mortgage Lender Sentiment Survey: How Lenders Plan to … Continue reading
February 26, 2015 in CUBE | Permalink | No Comments
February 25, 2015
Wednesday’s Academic Roundup
Regulation and Liability of Credit Rating Agencies – A More Efficient European Law?, by Thomas M.J. Mollers & Charis Niedorf, ECRF 2014, 333-363. How Federal Tax Expenditures that Support Housing Contribute to Economic Inequality, by Henry Rose, Loyola University Chicago … Continue reading
February 25, 2015 in CUBE | Permalink | No Comments
February 24, 2015
Tuesday’s Regulatory & Legislative Round-up
House of Representatives Introduced Bill H.R. 855 to Permanently Extend the New Markets Tax Credit which was designed to spur new or increased investments into operating businesses and real estate projects located in low-income communities. The NMTC Program attracts investment capital … Continue reading
February 24, 2015 in CUBE | Permalink | No Comments
February 23, 2015
Monday’s Adjudication Roundup
Federal judge reprimands Wells Fargo for forged mortgage documents in connection with foreclosure in NY. Goldman Sachs, among others, argues to SDNY that it was wrongfully included in litigation over requiring mortgage customers to purchase force-placed insurance and taking kickbacks. … Continue reading
February 23, 2015 in CUBE | Permalink | No Comments