REFinBlog

December 29, 2015

Tuesday’s Regulatory & Legislative Round-Up

The White House’s Promise Zone initiative is seeking new applications from communities interested in becoming promise zones.  Promise Zones were created in 2013 by The Obama Administration, with the goal of partnering with high poverty communities to create jobs, and promote … Continue reading →

December 28, 2015

Monday’s Adjudication Roundup

HSBC settles class action by homeowners that claimed the bank received kickbacks for insurance policies on their properties. Goldman Sachs, Deutsche Bank and RBS have petitioned the US Supreme Court to consider repose statutes and statutes of limitations extenders that … Continue reading →

December 24, 2015

Thursday’s Advocacy & Think Tank Round-Up

The National Association of Realtors (NAR)’s Existing Home Sales (EHS) (completed transactions).  EHS fell  10.5% from October and 3.8% from last November.  NAR believes this precipitous decline is not due to any decrease in demand but, rather, tight inventory and the … Continue reading →

December 23, 2015

Wednesday’s Academic Roundup

Real Estate Price Indices and Price Dynamics: An Overview from an Investment Perspective, David Geltner, Annual Review of Financial Economics, Vol .7, pp. 615–633, 2015. Migration and Housing Price Effects of Place-Based College Scholarships, Timothy J. Bartik & Nathan Sotherland, … Continue reading →

Tuesday’s Regulatory & Legislative Round-Up

Congress has finally passed the much awaited Tax extender’s legislation, H.R 2029 The Consolidated Appropriations Act, included is a win for affordable housing advocates – the nine percent minimum Low Income Housing Tax Credit was made permanent. The Federal Housing … Continue reading →

December 21, 2015

Monday’s Adjudication Roundup

Class action suit filed against JPMorgan for alleged illegal demand of payment from junior mortgage holders who’s senior mortgages had been foreclosed. The class claims that JPMorgan’s demands violated several California laws. PHH Corp. urges the DC Circuit to vacate … Continue reading →

December 18, 2015

Friday’s Government Reports Roundup

HUD, the Department of Veterans Affairs and the Department of Labor released “Veterans Homelessness Prevention Demonstration (VHPD) Evaluation Final Report” evaluating a program designed by Silber & Associates and the Urban Institute. CFPB released report on student loan financing finding … Continue reading →