May 6, 2015
Wednesday’s Academic Roundup
Beyond Disparate Impact: How the Fair Housing Movement Can Move On, by Rigel Christine Oliveri, Washburn Law Journal, Forthcoming, Crowding Out Effects of Refinancing on New Purchase Mortgages, by Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. … Continue reading
May 6, 2015 in MBS industry | Permalink | No Comments
May 4, 2015
Monday’s Adjudication Roundup
Ocwen and Assurant settle with homeowners for $140 million in class action suit, in which the homeowners alleged that Ocwen received kickbacks by inflating premium costs for forced-placed insurance. New York’s Appellate Division, First Department, affirmed dismissal of suit against … Continue reading
May 4, 2015 in MBS industry | Permalink | No Comments
April 27, 2015
Monday’s Adjudication Roundup
Quicken Loans Inc. filed a complaint against the Justice Department and the U.S. Department of Housing and Urban Development claiming that they tried to get Quicken to make false admissions during a settlement. The Government in turn sued Quicken under … Continue reading
April 27, 2015 in MBS industry | Permalink | No Comments
April 24, 2015
Friday’s Government Reports Roundup
The Federal Housing Finance Agency (FHFA) released its results to the Fannie Mae and Freddie Mac Guarantee Fee Review. Following the release, the FHFA announced that the fees would remain the same with modest adjustments. HUD released the 2009-2011 National … Continue reading
April 24, 2015 in MBS industry | Permalink | No Comments
April 22, 2015
Wednesday’s Academic Roundup
Keepings, by Donald J. Kochan, NYU Environmental Law Journal (2015) Forthcoming. Low-Income Housing Policy, by Robert A. Collinson, Ingrid Gould Ellen, & Jens Ludwig, NBER Working Paper No. w.21071. Housing Discrimination Among Available Housing Units in 2012: Do Paired Testing … Continue reading
April 22, 2015 in MBS industry | Permalink | No Comments
April 20, 2015
Monday’s Adjudication Roundup
Former Freddie Mac executives, who were accused of lying about Freddie’s exposure to subprime mortgages before the financial crisis, settled with the SEC. Citibank shareholders slam the Bank’s motion to dismiss a case over mortgage-backed securities worth more than $17 … Continue reading
April 20, 2015 in MBS industry | Permalink | No Comments
April 15, 2015
Wednesday’s Academic Roundup
Amidst the Walking Dead: Judicial and Nonjudicial Approaches for Eradicating Zombie Mortgages, by Andrea Clark, Emory Law Journal, Vol. 65, No. 3, Forthcoming. The Paradox of Judicial Foreclosure: Collateral Value Uncertainty and Mortgage Rates, by David Harrison & Michael Seiler, … Continue reading
April 15, 2015 in MBS industry | Permalink | No Comments