REFinBlog

Editor: David Reiss
Cornell Law School

June 22, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

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 17, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

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 15, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

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 10, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

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 8, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

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 5, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

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 3, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

The Boom, the Bust and the Future of Homeownership, by Stuart A. Gabriel & Stuart S. Rosenthal, Real Estate Economics, Vol. 43, Issue 2, pp. 334-374, 2015. Promoting ‘Inclusive Communities’: A Modified Approach to Disparate Impact Under the Fair Housing … Continue reading