October 26, 2015
Monday’s Adjudication Roundup
TCW Asset Management Co. will continue to face $128 million suit from investors for allegedly lying about the value of mortgage-backed securities. A court found that the City of Saratoga Springs failed to timely appeal in case over incorporation of … Continue reading
October 26, 2015 in CUBE | Permalink | No Comments
October 23, 2015
Friday’s Government Reports Roundup
The National Housing Conference released its 2015 “Paycheck to Paycheck” report, which reports how the gap between housing and wages has increased. The National Bureau of Economic Research released a working paper, Housing Booms and Busts, Labor Market Opportunities, and … Continue reading
October 23, 2015 in CUBE | Permalink | No Comments
October 22, 2015
Thursday’s Advocacy & Think Tank Round-Up
The Cornerstone Partnership has developed the Inclusionary Calculator, which “allows users to model a real or hypothetical housing development and then add affordable housing requirements in combination with different development incentives.” The Antlantic Citilab has argued that this tool shows … Continue reading
October 22, 2015 in CUBE | Permalink | No Comments
October 21, 2015
Wednesday’s Academic Roundup
Clustered Housing Cycles, Ruben Hernandez-Murillo, Michael Owyang & Margarita Rubio, FRB St. Louis Paper No. FEDLWP2-13-021. Crowding Out Effects of Refinancing on New Purchase Mortgages, Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. FEDGFE2015-17. The Determinants of … Continue reading
October 21, 2015 in CUBE | Permalink | No Comments
October 20, 2015
Tuesday’s Regulatory & Legislative Update
The Consumer Financial Protection Bureau (CFPB) has finalized a Rule to expand reporting requirements imposed upon financial institutions under the Home Mortgage Disclosure Act (HMDA). Dodd-Frank included a mandate directing the CFPB to collect metrics to allow, among other things, a better … Continue reading
October 20, 2015 in CUBE | Permalink | No Comments
October 19, 2015
Monday’s Adjudication Roundup
The U.S. Securities and Exchange Commission were granted its request to freeze Luca International Group LLC’s CEO’s assets. He allegedly engaged in a “Ponzi-like” scheme with EB-5 investors. New York appeals court revived claims against Nomura Holdings Inc. brought by … Continue reading
October 19, 2015 in CUBE | Permalink | No Comments
October 16, 2015
Friday’s Government Reports
The Federal Reserve Bank of Philadelphia has released a Discussion paper Gentrification and Residential Mobility in Philadelphia the study uses consumer credit data to study the economic effects of gentrification on existing lower income residents. The study finds the following: “[R]esidents in gentrifying neighborhoods … Continue reading
October 16, 2015 in CUBE | Permalink | No Comments
