REFinBlog

Editor: David Reiss
Cornell Law School

October 28, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Foiled by the Banks? How a Lender’s Decision May Support or Undermine a Jurisdiction’s Environmental Policies that Promote Green Buildings, Darren A. Prum, Michigan Journal of Environmental & Administrative Law, 2015, Forthcoming. The Numerus Clausus Principle, Property Customs, and the … Continue reading

October 26, 2015

What’s Pushing Down The Homeownership Rate?

By David Reiss

S&P has posted a report, What’s Pushing Down The U.S. Homeownership Rate? It opens, Seven years after the Great Recession began, a number of key economic factors today have reverted from their short-term extremes. Home prices are rebounding, unemployment is declining, … Continue reading

Monday’s Adjudication Roundup

By Shea Cunningham

TCW Asset Management Co. will continue to face $128 million suit from investors for allegedly lying about the value of mortgage-backed securities. A court found that the City of Saratoga Springs failed to timely appeal in case over incorporation of … Continue reading

October 23, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

The National Housing Conference released its 2015 “Paycheck to Paycheck” report, which reports how the gap between housing and wages has increased. The National Bureau of Economic Research released a working paper, Housing Booms and Busts, Labor Market Opportunities, and … Continue reading

October 22, 2015

The Low Cost of Homeownership

By David Reiss

TheStreet.com quoted me in Why the Extra Costs of Owning a Home Are Lower Than Consumer Expectations. It reads, in part, First-time homebuyers are often apprehensive about the extra costs of owning a house, fearful that routine maintenance and repairs will … Continue reading

October 21, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Clustered Housing Cycles, Ruben Hernandez-Murillo, Michael Owyang & Margarita Rubio, FRB St. Louis Paper No. FEDLWP2-13-021. Crowding Out Effects of Refinancing on New Purchase Mortgages, Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. FEDGFE2015-17. The Determinants of … Continue reading

October 15, 2015

Millennials, Paycheck to Paycheck

By David Reiss

The National Housing Conference and the Center for Housing Policy issued a report, Paycheck to Paycheck: A Snapshot of Housing Affordability for Millennial Workers. The report opens, Public perception of millennials tends to paint a picture of highly educated hipsters … Continue reading