September 21, 2015
Monday’s Adjudication Roundup
NY bankruptcy judge dismissed suit against DLA Piper for misappropriation of over $36 million in payments to cover mortgage-backed securities. The judge cited NY law that “prevents wrongdoers and their successors from pursuing claims that arise out of their own … Continue reading
September 21, 2015 in New York City | Permalink | No Comments
September 16, 2015
Does Historic Preservation Destroy Affordable Housing?
The Real Estate Board of New York released a report about Rent Regulated Units in Landmark Districts. The report opens, This analysis was conducted to examine the frequent assertion that landmarking helps preserve existing affordable housing. It is based on data that recently became … Continue reading
September 16, 2015 in New York City | Permalink | No Comments
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 New York City | Permalink | No Comments
September 15, 2015
Gentrification and Displacement
Miriam Zuk et al. have posted a Federal Reserve Bank of San Francisco Working Paper, Gentrification, Displacement and The Role of Public Investment: A Literature Review. The paper opens, The United States’ metropolitan areas’ ever-changing economies, demographics, and morphologies have … Continue reading
September 15, 2015 in New York City | Permalink | No Comments
September 14, 2015
Monday’s Adjudication Roundup
Bank of America, Wells Fargo & Citigroup cannot escape the City of Miami’s discriminatory lending suit, which caused a loss in city tax revenue. Texas federal judge sanctions the US Environmental Protection Agency for failure to turn over documents that … Continue reading
September 14, 2015 in New York City | Permalink | No Comments
August 24, 2015
Monday’s Adjudication Roundup
Building investors sue Waterbridge Capital LLC for $10 million for allegedly selling units and pocketing profits, refusing to pay back its investors. Hurricane Sandy $25 million contract-insurance suit is dismissed against one of the defendants, Arch Insurance Group and its … Continue reading
August 24, 2015 in New York City | Permalink | No Comments
August 14, 2015
Friday’s Government Reports Roundup
HUD releases report of its activities, for instance, to assess its efforts on homelessness, housing vouchers, energy efficiency in multifamily housing. The Government Accountability Office releases report, which finds that “qualified mortgage (QM) and qualified residential mortgage (QRM) regulations are … Continue reading
August 14, 2015 in New York City | Permalink | No Comments
