REFinBlog

Editor: David Reiss
Cornell Law School

May 8, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

CFPB releases its 2014 Fair Lending Report, discussing its fair lending acts over the past year. It shows that the CFPB required institutions to provide over $224 million in remediation in 2014. A S. Census Bureau paper examines the effects … Continue reading

May 7, 2015

Thursday’s Advocacy & Think Tank Round-Up

By Serenna McCloud

Enterprise Community Partners issued a side by side comparison of the four housing finance reform bills currently in congress many of which seek to replace Fannie Mae and Freddie Mac. NYU’s Furman Center released its annual Report: State of New York City’s … Continue reading

May 6, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Beyond Disparate Impact: How the Fair Housing Movement Can Move On, by Rigel Christine Oliveri, Washburn Law Journal, Forthcoming, Crowding Out Effects of Refinancing on New Purchase Mortgages, by Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. … Continue reading

May 5, 2015

Tuesday’s Regulatory & Legislative Round-Up

By Serenna McCloud

House Appropriations Subcommittee on Transportation, Housing and Urban Development (THUD) approved its fiscal year (FY) 2016 appropriations bill. Federal Housing Finance Agency (FHFA) has adopted a final rule requiring the Federal Home Loan Banks (Banks) and the Office of Finance to include … Continue reading

May 4, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Ocwen and Assurant settle with homeowners for $140 million in class action suit, in which the homeowners alleged that Ocwen received kickbacks by inflating premium costs for forced-placed insurance. New York’s Appellate Division, First Department, affirmed dismissal of suit against … Continue reading

May 1, 2015

Friday’s Government Reports

By Serenna McCloud

The U.S. Census Bureau released its economic indicators for the first quarter of 2015, both rental and homeownership vacancy is down compared to the first quarter of 2014. The Homeownership rate of 63.7% is also down. The Counselor to the Treasury … Continue reading

April 30, 2015

Thurday’s Advocacy & Think Thank Round-Up

By Serenna McCloud

Federal Reserve Bank of NY Study Insolvency after the 2005 Bankruptcy Reform finds that the decline in bankruptcy filings resulted in a rise in the rate and persistence of insolvency as well as an increase in the rate of foreclosure. Harvard’s Joint … Continue reading