September 28, 2015
Monday’s Adjudication Roundup
Union pension funds have filed a petition for cert in the U.S. Supreme Court to consider whether Bank of New York Mellon Corp. is liable for failure in oversight of 26 trusts of over $30 billion in residential mortgage-backed securities. … Continue reading
September 28, 2015 in Home Ownership | Permalink | No Comments
September 25, 2015
Friday’s Government Reports Roundup
Authorities partnered with NGOs to create “Community and Supportive Services” Programs (CSS) under the U.S. Department of Housing and Urban Development (HUD)’s Housing Opportunities for People Everywhere (HOPE VI) grants for public housing redevelopment. A study analyzed the programs in … Continue reading
September 25, 2015 in Home Ownership | Permalink | No Comments
September 23, 2015
Homeowners Keeping the Wolf at Bay
The Center for Responsible Lending has released a policy brief with the lengthy title, 2014 HMDA data shows that Federal rules did not have a chilling effect on lending, despite lender predictions. Borrowers of color continue to be under-served by … Continue reading
September 23, 2015 in Home Ownership | Permalink | No Comments
Wednesday’s Academic Roundup
Green Cities? Urbanization, Trade and the Environment, Rainald Borck & Michael Pflüger, IZA Discussion Paper No. 9104. The Impact of Foreclosure Delay on U.S. Employment, Kyle F. Herkenhoff & Lee E. Ohanian, NBER Working Paper No. w21532. Are Bigger Companies … Continue reading
September 23, 2015 in Home Ownership | Permalink | No Comments
September 16, 2015
Wednesday’s Academic Roundup
Housing and Mortgages in Transition Economy, John E. Anderson. Underwriting Sustainable Homeownership: The Federal Housing Administration and the Low Down Payment Loan, David J. Reiss, Georgia Law Review, Forthcoming. Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable … Continue reading
September 16, 2015 in Home Ownership | Permalink | No Comments
September 14, 2015
Low Down Payment or Low Interest Rate?
MainStreet.com quoted me in Consumers Should Not Assume a Lower Down Payment Is a Better Option. It reads, in part First-time homeowners are often caught in a conundrum when they are faced with tantalizing offers of either lower mortgage rates or … Continue reading
September 14, 2015 in Home Ownership | Permalink | No Comments
Monday’s Adjudication Roundup
Bank of America, Wells Fargo & Citigroup cannot escape the City of Miami’s discriminatory lending suit, which caused a loss in city tax revenue. Texas federal judge sanctions the US Environmental Protection Agency for failure to turn over documents that … Continue reading
September 14, 2015 in Home Ownership | Permalink | No Comments
