July 31, 2015
Friday’s Government Reports Roundup
HUD’s Office of Policy Development and Research released paper, which describes its “Bridge to Family Self-Sufficiency” Program. The program is intended to determine if low-income families in public housing improve their overall stability, with the right support. HUD released public, … Continue reading
July 31, 2015 in MBS industry | Permalink | No Comments
July 29, 2015
Wednesday’s Academic Roundup
The Marginal Effect of First-Time Homebuyer Status on Mortgage Default and Prepayment, Saty Patrabansh, FHFA Working Paper 15-2. Gender Bias and Credit Access, Steven Ongena & Alexander A. Popov, ECB Working Paper No. 1822. Explaining the Boom-Bust Cycle in the … Continue reading
July 29, 2015 in MBS industry | Permalink | No Comments
July 27, 2015
Monday’s Adjudication Roundup
New York federal courts says HSBC Bank USA NA will face suit from National Credit Union Administration for over $2 billion in mortgage backed securities that HSBC served as trustee for. In the US DOJ’s reply in Quicken Loans suit … Continue reading
July 27, 2015 in MBS industry | Permalink | No Comments
July 23, 2015
Thursday’s Advocacy & Think Tank Round-Up
The Federal Reserve Bank of New York’s Staff Report, Determinants of Mortgage Default and Consumer Credit Use: The Effects of Foreclosure Laws and Foreclosure Delays, examines the interconnectedness of debt repayment decisions – specifically finding that mortgage default is negatively correlated with … Continue reading
July 23, 2015 in MBS industry | Permalink | No Comments
July 22, 2015
Wednesday’s Academic Roundup
Valuing Control, Peter C. DiCola, 113 Michigan Law Review 663 (2015). A Framework for Understanding Property Regulation and Land Use Control from a Dynamic Perspective, Donald J. Kochan, 4 Michigan Journal of Environmental & Administrative Law 303 (2015). The Use … Continue reading
July 22, 2015 in MBS industry | Permalink | No Comments
July 20, 2015
Monday’s Adjudication Roundup
Primary Capital Advisors LLC will face suit for selling bad loans to a Residential Capital LLC subsidiary, putting the parent company into bankruptcy, because the contract language was ambiguous. California federal court approved Diversified Lending Group’s $163 million settlement with … Continue reading
July 20, 2015 in MBS industry | Permalink | No Comments
July 17, 2015
Friday’s Government Reports Roundup
The National Housing Conference (NHC) released its report, “Housing and Services Needs of Our Changing Veteran Population”, offers recommendations on how to serve the different groups of veterans, specifically older adult veterans, female veterans, and post 9/11 veterans. The Federal … Continue reading
July 17, 2015 in MBS industry | Permalink | No Comments
