September 29, 2015
Tuesday’s Regulatory & Legislative Round-Up
The U.S. Department of Housing and Urban Development (HUD) has announced that the Choice Neighborhoods Program (CNP) has selected five cities to receive $150 million to revitalize distressed HUD housing. CNP is a part of the White Houses’ Neighborhood Revitalization Initiative, which seeks … Continue reading
September 29, 2015 in Brooklyn Law School | Permalink | No Comments
September 28, 2015
Monday’s Adjudication Roundup
Union pension funds have filed a petition for cert in the U.S. Supreme Court to consider whether Bank of New York Mellon Corp. is liable for failure in oversight of 26 trusts of over $30 billion in residential mortgage-backed securities. … Continue reading
September 28, 2015 in Brooklyn Law School | Permalink | No Comments
September 25, 2015
Friday’s Government Reports Roundup
Authorities partnered with NGOs to create “Community and Supportive Services” Programs (CSS) under the U.S. Department of Housing and Urban Development (HUD)’s Housing Opportunities for People Everywhere (HOPE VI) grants for public housing redevelopment. A study analyzed the programs in … Continue reading
September 25, 2015 in Brooklyn Law School | Permalink | No Comments
September 24, 2015
Thursday’s Advocacy & Think Tank Round-up
A joint study by Enterprise Community Partners and the Harvard Joint Center for Housing Studies, Projecting Trends in Severely Cost Burdened Renters: 2015 – 2025 predicted that, in the coming decade, little would change with respect to 1 in 4 renters … Continue reading
September 24, 2015 in Brooklyn Law School | Permalink | No Comments
September 23, 2015
Wednesday’s Academic Roundup
Green Cities? Urbanization, Trade and the Environment, Rainald Borck & Michael Pflüger, IZA Discussion Paper No. 9104. The Impact of Foreclosure Delay on U.S. Employment, Kyle F. Herkenhoff & Lee E. Ohanian, NBER Working Paper No. w21532. Are Bigger Companies … Continue reading
September 23, 2015 in Brooklyn Law School | Permalink | No Comments
September 22, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau (CFPB) has finalized changes to Mortgage Rules as applied to small lenders that operate primarily in underserved and rural areas. This change eliminates some of the prohibitions under the Ability- to-Repay Rule thereby allowing income … Continue reading
September 22, 2015 in Brooklyn Law School | Permalink | No Comments
September 21, 2015
Monday’s Adjudication Roundup
NY bankruptcy judge dismissed suit against DLA Piper for misappropriation of over $36 million in payments to cover mortgage-backed securities. The judge cited NY law that “prevents wrongdoers and their successors from pursuing claims that arise out of their own … Continue reading
September 21, 2015 in Brooklyn Law School | Permalink | No Comments
