October 5, 2015
Monday’s Adjudication Roundup
New York federal judge dismisses suit against Bank of America Corp. over “hustle” high-speed mortgage approval process for allegedly defrauding Fannie Mae and Freddie Mac. Midtown TDR Ventures LLC and Midtown GCT Ventures LLC, real estate developers that currently own … Continue reading
October 5, 2015 in mortgage | Permalink | No Comments
September 30, 2015
Wednesday’s Academic Roundup
Notices of Abatement vs Defects of Title, Roger Bernhardt, 38 Real Property Law Reporter 51 (Cal CEB Mar. 2015). Cities and Health: A Response to the Recent Commentaries, Michael K. Gusmano, Victor G. Rodwin, & Daniel Weisz, NYU Wagner Research … Continue reading
September 30, 2015 in mortgage | Permalink | No Comments
September 24, 2015
Mortgage Market, Hiding in Plain Sight
I blogged about the Center for Responsible Lending’s take on the 2014 Home Mortgage Disclosure Act (HMDA) data yesterday. The mere act of aggregating this data reveals so much about the state of the mortgage market. Today I am digging into … Continue reading
September 24, 2015 in mortgage | Permalink | No Comments
September 23, 2015
Homeowners Keeping the Wolf at Bay
The Center for Responsible Lending has released a policy brief with the lengthy title, 2014 HMDA data shows that Federal rules did not have a chilling effect on lending, despite lender predictions. Borrowers of color continue to be under-served by … Continue reading
September 23, 2015 in mortgage | Permalink | No Comments
Wednesday’s Academic Roundup
Green Cities? Urbanization, Trade and the Environment, Rainald Borck & Michael Pflüger, IZA Discussion Paper No. 9104. The Impact of Foreclosure Delay on U.S. Employment, Kyle F. Herkenhoff & Lee E. Ohanian, NBER Working Paper No. w21532. Are Bigger Companies … Continue reading
September 23, 2015 in mortgage | Permalink | No Comments
September 22, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau (CFPB) has finalized changes to Mortgage Rules as applied to small lenders that operate primarily in underserved and rural areas. This change eliminates some of the prohibitions under the Ability- to-Repay Rule thereby allowing income … Continue reading
September 22, 2015 in mortgage | Permalink | No Comments
September 16, 2015
Wednesday’s Academic Roundup
Housing and Mortgages in Transition Economy, John E. Anderson. Underwriting Sustainable Homeownership: The Federal Housing Administration and the Low Down Payment Loan, David J. Reiss, Georgia Law Review, Forthcoming. Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable … Continue reading
September 16, 2015 in mortgage | Permalink | No Comments
