REFinBlog

Editor: David Reiss
Cornell Law School

January 4, 2016

Monday’s Adjudication Roundup

By Shea Cunningham

The U.S. Department of Justice has filed suit against Trump Village Section IV in Brooklyn for allegedly violating the Fair Housing Act by not allowing emotional support dogs to live with their owners who suffered from disabilities. Ocwen Financial Corp. … Continue reading

December 30, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Mortgage Choice Determinants: The Role of Risk and Bank Regulation, Mardi H. Dungey, Firmin Doko Tchatoka, Graeme Wells & Maria Yanotti, Economic Record, Vol. 91, Issue 295, pp. 417–437, 2015 (Paid Access). Subprime Governance: Agency Costs in Vertically Integrated Banks … Continue reading

December 28, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

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 23, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

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

December 22, 2015

Troubles with TRID

By David Reiss

Law360 quoted me in Rule-Driven Home Sale Slump Could Be Temporary. It reads, in part, A slump in existing home sales in November can be traced to the implementation of a new Consumer Financial Protection Bureau mortgage closing regime, although experts … Continue reading

December 21, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

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

Rates up in ARMs

By David Reiss

TheStreet.com quoted me in Fed Hike Means Adjustable Rate Mortgages Will Rise and Increase Monthly Payments. It opens, The first interest rate hike by the Federal Reserve in nearly a decade means consumers can no longer take advantage of a zero … Continue reading