November 2, 2015
Obama Administration on Frannie
Michael Stegman, a White House Senior Policy Advisor, offered up the Obama Administration’s “perspective on critical housing issues” recently. (1) I found the remarks on the future of Fannie and Freddie to be of particular interest: Before discussing what we … Continue reading
November 2, 2015 in Regulation | Permalink | No Comments
Monday’s Adjudication Roundup
Federal judge grants the SEC request for appointment of a receiver for the $136 million EB-5 fraud case involving Path America LLC and its two subsidiaries to monitor the companies to ensure their assets are not lost during the proceedings. … Continue reading
November 2, 2015 in Regulation | Permalink | No Comments
October 29, 2015
Frannie v. Private-Label Smackdown
S&P posted a report, Historical Data Show That Agency Mortgage Loans Are Likely to Perform Significantly Better Than Comparable Non-Agency Loans. The overview notes, We examined the default frequencies of both agency and non-agency mortgage loans originated from 1999-2008. As … Continue reading
October 29, 2015 in Regulation | Permalink | No Comments
October 28, 2015
Wednesday’s Academic Roundup
Foiled by the Banks? How a Lender’s Decision May Support or Undermine a Jurisdiction’s Environmental Policies that Promote Green Buildings, Darren A. Prum, Michigan Journal of Environmental & Administrative Law, 2015, Forthcoming. The Numerus Clausus Principle, Property Customs, and the … Continue reading
October 28, 2015 in Regulation | Permalink | No Comments
October 26, 2015
Monday’s Adjudication Roundup
TCW Asset Management Co. will continue to face $128 million suit from investors for allegedly lying about the value of mortgage-backed securities. A court found that the City of Saratoga Springs failed to timely appeal in case over incorporation of … Continue reading
October 26, 2015 in Regulation | Permalink | No Comments
October 23, 2015
Friday’s Government Reports Roundup
The National Housing Conference released its 2015 “Paycheck to Paycheck” report, which reports how the gap between housing and wages has increased. The National Bureau of Economic Research released a working paper, Housing Booms and Busts, Labor Market Opportunities, and … Continue reading
October 23, 2015 in Regulation | Permalink | No Comments
October 21, 2015
Wednesday’s Academic Roundup
Clustered Housing Cycles, Ruben Hernandez-Murillo, Michael Owyang & Margarita Rubio, FRB St. Louis Paper No. FEDLWP2-13-021. Crowding Out Effects of Refinancing on New Purchase Mortgages, Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. FEDGFE2015-17. The Determinants of … Continue reading
October 21, 2015 in Regulation | Permalink | No Comments
