January 4, 2016
Monday’s Adjudication Roundup
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
January 4, 2016 in Home Ownership | Permalink | No Comments
December 30, 2015
Wednesday’s Academic Roundup
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 30, 2015 in Home Ownership | Permalink | No Comments
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 28, 2015 in Home Ownership | Permalink | No Comments
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
December 23, 2015 in Home Ownership | Permalink | No Comments
December 22, 2015
Troubles with TRID
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 22, 2015 in Home Ownership | Permalink | No Comments
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 21, 2015 in Home Ownership | Permalink | No Comments
December 18, 2015
Rates up in ARMs
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
December 18, 2015 in Home Ownership | Permalink | No Comments