September 9, 2015
Wednesday’s Academic Roundup
The Effect of Negative Equity on Mortgage Default: Evidence from HAMP PRA, Therese C. Scharlemann & Stephen H. Shore, Office of Financial Research Working Paper No. 15-06. Housing Tax Reform and Foreclosure Rates, Richard Dusansky & Firas Zebian, Journal of … Continue reading
September 9, 2015 in Brooklyn Law School | Permalink | No Comments
September 8, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Federal Housing Finance Agency (FHFA) is seeking public comment on its revised system of records for the National Mortgage Database Project. The FHFA collects information on all outstanding U.S. mortgages in keeping with its mandate to ensure the creditworthiness … Continue reading
September 8, 2015 in Brooklyn Law School | Permalink | No Comments
September 4, 2015
Friday’s Government Reports
The Federal Housing Finance Agency (FHFA) has reported an uptick in mortgage rates from June to July 2015. This is according to the Monthly Interest Rate Survey (MIRS), which measures several indices of new mortgage contracts to arrive at a … Continue reading
September 4, 2015 in Brooklyn Law School | Permalink | No Comments
September 3, 2015
Thursday’s Advocacy & Think Tank Round-Up
Corelogic’s recently released, Home Price Indicator (HPI) predicts that home prices will appreciate 4.7% from July 2015 to July 2016. MakeRoom’s campaign to bring attention to the millions of families who struggle to pay rent. Every first of the month, … Continue reading
September 3, 2015 in Brooklyn Law School | Permalink | No Comments
September 2, 2015
Wednesday’s Academic Roundup
On the Cyclicity of Regional House Prices: New Evidence for U.S. Metropolitan Statistical Areas, Michael André Flor & Torben Klarl, CESifo Working Paper Series No. 5471. How Mortgage Finance Affects the Urban Landscape, Sewin Chan, Andrew Haughwout & Joseph S. … Continue reading
September 2, 2015 in Brooklyn Law School | Permalink | No Comments
September 1, 2015
Tuesday’s Regulatory & Legislative Round-Up
Fannie Mae announced HomeReady – a new affordable lending product which will be rolled out later in the year. The program includes features designed to make it more flexible for lenders and buyers alike. For lenders Desktop Underwriter (DU) allows … Continue reading
September 1, 2015 in Brooklyn Law School | Permalink | No Comments
August 31, 2015
Monday’s Adjudication Roundup
Thornburg Mortgage Inc. Ch. 11 trustee wins $45 million against RBC Capital Markets LLC for seizing and miscalculating the value of some mortgage-backed securities from Thornburg in 2007. Fidelity National Title Insurance Co. will not be liable for $38 million … Continue reading
August 31, 2015 in Brooklyn Law School | Permalink | No Comments
