June 1, 2015
Monday’s Adjudication Roundup
NY Federal Court ended the suit against US Bank and Bank of America brought by Blackrock and NCUA for failure to properly oversee residential mortgage-backed security trusts finding that most of the trusts fell under state law. Deutsche Bank, Morgan … Continue reading
June 1, 2015 in MBS industry | Permalink | No Comments
May 22, 2015
Friday’s Government Reports Roundup
HUD released “Effect of QAP Incentives on the Location of LIHTC Properties” which examined the patterns of Low Income Housing Tax Credit (LIHTC) developments. The Government Accountability Office (GAO) releases its report on the status of the Community Development Capital … Continue reading
May 22, 2015 in MBS industry | Permalink | No Comments
May 20, 2015
Wednesday’s Academic Roundup
Rights at Risk in Privatized Public Housing, by Jaime Lee, Tulsa Law Review, Vol. 50, 2015, pp. 759-801. Making Firms Liable for Consumers’ Mistaken Beliefs: Theoretical Model and Empirical Applications to the U.S. Mortgage and Credit Card Markets, by Alexei … Continue reading
May 20, 2015 in MBS industry | Permalink | No Comments
May 18, 2015
Monday’s Adjudication Roundup
The Financial Industry Regulatory Authority (FINRA) has ordered Goldman Sachs to pay National Australia Bank $100 million over $80 million in collateralized debt obligations. US Bank escapes liability under the False Claims Acts for filing FHA insurance claims without complying … Continue reading
May 18, 2015 in MBS industry | Permalink | No Comments
May 13, 2015
Wednesday’s Academic Roundup
Section 1031 Exchanges: Death of a Related-Party Exchange – Did ‘Butler’ Do It?, by Bradley T. Borden & Alan S. Lederman, Daily Tax Report Journal, Vol. 75, No. 1, 2015. The Future of Fannie and Freddie, by Mark A. Calabria, … Continue reading
May 13, 2015 in MBS industry | Permalink | No Comments
May 11, 2015
Monday’s Adjudication Roundup
The United States Supreme Court holds that debtors do not have an absolute right to appeal a denial of a proposed bankruptcy plan (mentioned in April 6 post). Maryland federal judge approves settlement between CFPB and Genuine Title and participants … Continue reading
May 11, 2015 in MBS industry | Permalink | No Comments
May 8, 2015
Friday’s Government Reports Roundup
CFPB releases its 2014 Fair Lending Report, discussing its fair lending acts over the past year. It shows that the CFPB required institutions to provide over $224 million in remediation in 2014. A S. Census Bureau paper examines the effects … Continue reading
May 8, 2015 in MBS industry | Permalink | No Comments
