October 19, 2015
Monday’s Adjudication Roundup
The U.S. Securities and Exchange Commission were granted its request to freeze Luca International Group LLC’s CEO’s assets. He allegedly engaged in a “Ponzi-like” scheme with EB-5 investors. New York appeals court revived claims against Nomura Holdings Inc. brought by … Continue reading
October 19, 2015 in Regulation | Permalink | No Comments
October 16, 2015
Enhancing Mortgage Data and Litigation Risk
Law360 quoted me in CFPB Data Collection Boost May Bring More Lending Cases (behind a paywall). It reads, in part, The Consumer Financial Protection Bureau has given lenders more time to prepare for its new mortgage data reporting rule and streamlined some of the information … Continue reading
October 16, 2015 in Regulation | Permalink | No Comments
October 14, 2015
Wednesday’s Academic Roundup
Pricing Residential Real Estate Derivatives, Mark Michael Richter. Local House Prices and Mental Health, Nayan Krishna Joshi, International Journal of Health Care Finance and Economics, 2015. Why Did So Many Subprime Borrowers Default During the Crisis: Loose Credit or Plummeting … Continue reading
October 14, 2015 in Regulation | Permalink | No Comments
October 9, 2015
Friday’s Government Reports Roundup
The National Resource Network, NYU Wagner and the Urban Institute released a report, Striking a (Local) Grand Bargain, “that offers a new way for cities and anchor institutions to collaborate on projects.” Anchor institutions include universities, medical centers and hospitals. … Continue reading
October 9, 2015 in Regulation | Permalink | No Comments
October 7, 2015
Wednesday’s Academic Roundup
Antimonopoly in Public Land Law, Michael C. Blumm & Kara Tebeau. Public Real Estate and the Term Structure of Interest Rates: A Cross-Country Study, Alexey Akimov, Simon Stevenson & Maxim Zagonov, Journal of Real Estate Finance and Economics, Vol. 51, … Continue reading
October 7, 2015 in Regulation | Permalink | No Comments
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 Regulation | Permalink | No Comments
October 2, 2015
Affirmatively Furthering Fair Housing
The United States Court of Appeals for the Second Circuit issued a ruling in Westchester v. HUD, No. 15-2294 (Sept. 25, 2015) the longstanding case regarding whether Westchester County has “adequately analyzed — in its applications for HUD funds — … Continue reading
October 2, 2015 in Regulation | Permalink | No Comments
