June 29, 2015
Monday’s Adjudication Roundup
Massachusetts’s federal court found that a unit of Deutsche Bank AG failed to vet some residential mortgage-backed securities, which mislead Massachusetts Mutual Life Insurance Co. US Bank filed an amended complaint claiming that Citigroup Global Markets Realty Corp. and CitiMortgage … Continue reading
June 29, 2015 in Miscellaneous | Permalink | No Comments
June 22, 2015
Monday’s Adjudication Roundup
Two Moody’s Investor Services Inc. entities remain the only defendants in appeal from Illinois Bank following the exit of McGraw-Hill Cos. Inc. and Standard and Poor’s in suit over residential mortgage-backed securities ratings. A Second Circuit judge did not revive … Continue reading
June 22, 2015 in Miscellaneous | Permalink | No Comments
June 17, 2015
Wednesday’s Academic Roundup
An Extrapolative Model of House Price Dynamics, Edward L. Glaeser & Charles Nathanson, HKS Working Paper No. RWP15-012. Old Suburbs Meets New Urbanism, Nicole Stelle Garnett, Notre Dame Legal Studies Paper No. 1512. Credit Scoring and Loan Default, Rajdeep Sengupta & … Continue reading
June 17, 2015 in Miscellaneous | Permalink | No Comments
June 15, 2015
Monday’s Adjudication Roundup
The CFPB increased PHH Corp.’s penalty to $109 million from $6.4 million on appeal, while upholding an administrative judge’s ruling that the firm was involved in a mortgage insurance kickback scheme. A class of PHH borrowers have been granted cert … Continue reading
June 15, 2015 in Miscellaneous | Permalink | No Comments
June 10, 2015
Wednesday’s Academic Roundup
Racial Discrepancy in Mortgage Interest Rates, by Ping Cheng, Zhenguo Lin, & Yingchun Liu, Journal of Real Estate Finance and Economics, Vol. 51, No. 1, 2015. House Prices, Local Demand, and Retail Prices, by Johannes Stroebel & Joseph Vavra, CEPR … Continue reading
June 10, 2015 in Miscellaneous | Permalink | No Comments
June 8, 2015
Monday’s Adjudication Roundup
The United States Supreme Court held that Chapter 7 debtors cannot get rid of junior liens on underwater home loans under the bankruptcy code.
June 8, 2015 in Miscellaneous | Permalink | No Comments
June 5, 2015
Friday’s Government Reports Roundup
United States Government Accountability Office releases report: “Collateral Requirements Discourage Some Community Development Financial Institutions from Seeking Membership”. The National Low Income Housing Coalition (NLIHC) released its Out of Reach 2015 report, in which it asserts that low wages and … Continue reading
June 5, 2015 in Miscellaneous | Permalink | No Comments
