December 3, 2015
Thursday’s Advocacy & Think Tank Round-Up
The Federal Reserve Bank of NY’s Center for Microeconomic Data has released its 3rd quarter Household Debt and Credit Report which shows that Mortgage debt, the largest component of household debt, increased in by $144 billion since the 2nd quarter of … Continue reading
December 3, 2015 in CUBE | Permalink | No Comments
December 2, 2015
Wednesday’s Academic Roundup
Inflation and Activity – Two Explorations and Their Monetary Policy Implications, Olivier J. Blanchard, Eugenio Cerutti & Lawrence H. Summers, HKS Working Paper No. 070. Real Estate Value Impacts from Fracking: Industry Response and Proper Analytical Techniques, Richard Roddewig & … Continue reading
December 2, 2015 in CUBE | Permalink | No Comments
December 1, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Department of Housing and Urban Development has released a notice to the Federal Register to announce the Designated Difficult Development Areas and Qualified Census Tracks for purposes of the Low Income Housing Tax Credit, which become effective July 1st … Continue reading
December 1, 2015 in CUBE | Permalink | No Comments
November 30, 2015
Monday’s Adjudication Roundup
BNY Mellon files a brief on writ for cert with the Supreme Court warning the potential for “warping” the residential mortgage-backed securities market if it overturns the Second Circuit’s decision finding that provisions of the Trust Indenture Act did not … Continue reading
November 30, 2015 in CUBE | Permalink | No Comments
November 27, 2015
Friday’s Government Reports
The U.S. Department of Housing and Urban Development (HUD) released its Annual Report to Congress on the Mutual Mortgage Insurance Fund, an independent actuarial analysis that found capital reserves at 2.7%. Congress mandates a minimum 2% reserve. The findings also … Continue reading
November 27, 2015 in CUBE | Permalink | No Comments
November 24, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau has released its Rulemaking Agenda for Fall 2015, included is an estimate that the new mortgage servicing rules, proposed in November 2014, are estimated to be finalized by June 2016. The Chairman of the White … Continue reading
November 24, 2015 in CUBE | Permalink | No Comments
November 20, 2015
Friday’s Government Reports Roundup
According to an October 2015 Department of Labor report, 271,000 jobs were added to the US economy in the month of October and the unemployment rate decreased to 5% from 5.1% in September. The Consumer Financial Protection Bureau (CFPB) released … Continue reading
November 20, 2015 in CUBE | Permalink | No Comments