August 17, 2015
Monday’s Adjudication Roundup
Plaintiffs in class action suit against JPMorgan Chase & Co., who were fraudulently charged unnecessary home inspection fees, argue that the bank cannot avoid class certification because Chase admitted that “determining whether an inspection was reasonable requires an assessment of … Continue reading
August 17, 2015 in Brooklyn Law School | Permalink | No Comments
August 14, 2015
Friday’s Government Reports Roundup
HUD releases report of its activities, for instance, to assess its efforts on homelessness, housing vouchers, energy efficiency in multifamily housing. The Government Accountability Office releases report, which finds that “qualified mortgage (QM) and qualified residential mortgage (QRM) regulations are … Continue reading
August 14, 2015 in Brooklyn Law School | Permalink | No Comments
August 13, 2015
Thursday’s Advocacy & Think Tank Round-Up
The Institute of Housing Studies at DePaul University has issued a report analyzing foreclosure activity which finds that foreclosures are down in the Chicago area in 2014. The report also finds that mortgage activity remains low while investor buyers have … Continue reading
August 13, 2015 in Brooklyn Law School | Permalink | No Comments
August 12, 2015
Wednesday’s Academic Roundup
Housing Markets and Unconventional Monetary Policy, Charles Rahal. The Effect of Housing Wealth Shocks on Work and Retirement Decisions, Jaclene Begley & Sewin Chan. Millennials, Baby Boomers, and Rebounding Multifamily Home Construction, Jordan Rappaport, Federal Reserve Bank of Kansas City … Continue reading
August 12, 2015 in Brooklyn Law School | Permalink | No Comments
August 11, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau recently released a compliance bulletin regarding Amendment to the Interstate Land Sales Full Disclosure Act. The bulletin provides information to interested parties, primarily developers, regarding the extension of exemption from registration and disclosure requirements of … Continue reading
August 11, 2015 in Brooklyn Law School | Permalink | No Comments
August 10, 2015
Monday’s Adjudication Roundup
NY federal court approves Citigroup Global Markets Inc., Goldman Sachs & Co. and UBS Securities LLC settlement for $235 million in class action from pension fund for false prospectuses in mortgage-backed securities. Better Markets, a financial reform advocacy group, files … Continue reading
August 10, 2015 in Brooklyn Law School | Permalink | No Comments
August 7, 2015
Friday’s Government Reports
The Consumer Financial Protection Bureau’s (CFPB) “Leveraging technology to empower mortgage consumers at closing” found that consumers would benefit from electronic closings. Results indicate that those consumers who completed a closing on an electronic platform had a superior experience with regard … Continue reading
August 7, 2015 in Brooklyn Law School | Permalink | No Comments
