October 20, 2015
Tuesday’s Regulatory & Legislative Update
The Consumer Financial Protection Bureau (CFPB) has finalized a Rule to expand reporting requirements imposed upon financial institutions under the Home Mortgage Disclosure Act (HMDA). Dodd-Frank included a mandate directing the CFPB to collect metrics to allow, among other things, a better … Continue reading
October 20, 2015 in Brooklyn Law School | Permalink | No Comments
October 19, 2015
Monday’s Adjudication Roundup
The U.S. Securities and Exchange Commission were granted its request to freeze Luca International Group LLC’s CEO’s assets. He allegedly engaged in a “Ponzi-like” scheme with EB-5 investors. New York appeals court revived claims against Nomura Holdings Inc. brought by … Continue reading
October 19, 2015 in Brooklyn Law School | Permalink | No Comments
October 16, 2015
Friday’s Government Reports
The Federal Reserve Bank of Philadelphia has released a Discussion paper Gentrification and Residential Mobility in Philadelphia the study uses consumer credit data to study the economic effects of gentrification on existing lower income residents. The study finds the following: “[R]esidents in gentrifying neighborhoods … Continue reading
October 16, 2015 in Brooklyn Law School | Permalink | No Comments
October 15, 2015
Thursday’s Advocacy & Think-Tank Round-Up
Corelogic’s National Foreclosure Report shows a total of 36,000 foreclosures in August, nationwide. This represents a decline of over 20% when compared to August of 2014. The Make Room Campaign has completed an analysis of the affordable housing crisis in … Continue reading
October 15, 2015 in Brooklyn Law School | Permalink | No Comments
October 14, 2015
Wednesday’s Academic Roundup
Pricing Residential Real Estate Derivatives, Mark Michael Richter. Local House Prices and Mental Health, Nayan Krishna Joshi, International Journal of Health Care Finance and Economics, 2015. Why Did So Many Subprime Borrowers Default During the Crisis: Loose Credit or Plummeting … Continue reading
October 14, 2015 in Brooklyn Law School | Permalink | No Comments
October 13, 2015
Tuesday’s Regulatory & Legislative Round-Up
A bill to reform Housing Assistance including programs like section 8 and project based assistance was introduced in the House Financial Services Housing Subcommittee by Republican Blaine Luetkemeyer (MO). The bill (HR 3700) seeks to streamline costs to increase efficiency and … Continue reading
October 13, 2015 in Brooklyn Law School | Permalink | No Comments
October 9, 2015
Friday’s Government Reports Roundup
The National Resource Network, NYU Wagner and the Urban Institute released a report, Striking a (Local) Grand Bargain, “that offers a new way for cities and anchor institutions to collaborate on projects.” Anchor institutions include universities, medical centers and hospitals. … Continue reading
October 9, 2015 in Brooklyn Law School | Permalink | No Comments
