January 21, 2016
Dollar Homes
Realtor.com quoted me in Buy a House for a Buck? The Real Story Behind $1 Listings. The story reads, in part, Hidden deep within the bowels of real estate listings are a few head-scratchers that would no doubt catch any bargain … Continue reading
January 21, 2016 in Equity | Permalink | No Comments
January 20, 2016
Wednesday’s Academic Roundup
Towards a New Eviction Jurisprudence, Gerald S. Dickinson, Georgetown Journal on Poverty Law Policy, Vol. 23, No. 1, 2015. Managing Retirement Risks with Reverse Mortgage Loans and Long-Term Care Insurance, Adam Wenqiang Shao, Hua Chen & Michael Sherris, 7th Australasian … Continue reading
January 20, 2016 in Equity | Permalink | No Comments
January 15, 2016
Rent-to-Own Risks
Kroll Bond Rating Agency has released a CMBS Commentary, Rent-to-Own Deals Present More Risk than SFR [Single-Family Rental]. The commentary addresses the first rent-to-own securitization, one that Kroll is not rating. With rent-to-own, ” the tenant has the right to purchase … Continue reading
January 15, 2016 in Equity | Permalink | No Comments
January 13, 2016
Wednesday’s Academic Roundup
Civil Forfeiture and the Constitution, Caleb Nelson, Yale Law Journal, Forthcoming; Virginia Public Law and Legal Theory Research Paper No. 2. Cohabitants, Choice, and the Public Interest, Robert Leckey, Philosophical Foundations of Children’s and Family Law (OUP), Elizabeth Brake and … Continue reading
January 13, 2016 in Equity | Permalink | No Comments
January 11, 2016
Monday’s Adjudication Roundup
New York state appeals court affirmed denying dismissal of claims against Morgan Stanley for fraud. Plaintiff bought $17 million in high-risk notes tied to residential mortgage-backed securities in a $500 million collateralized debt obligation that eventually were wiped out. Quicken … Continue reading
January 11, 2016 in Equity | Permalink | No Comments
January 6, 2016
Wednesday’s Academic Roundup
House Prices and Job Losses, Gabor Pinter, Bank of England Working Paper No. 569. The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation, Hanming Fang, You Suk Kim & Wenli Li, PIER Working Paper No. 041. High and Low … Continue reading
January 6, 2016 in Equity | Permalink | No Comments
January 4, 2016
Foreclosure Body Count
Case Western’s Matt Rossman has posted Counting Casualties in Communities Hit Hardest by the Foreclosure Crisis (forthcoming in the Utah Law Review) to SSRN. The abstract reads, Recent statistics suggest that the U.S. housing market has largely recovered from the Foreclosure Crisis. … Continue reading
January 4, 2016 in Equity | Permalink | No Comments
