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
October 1, 2015
The New Mortgage Disclosure Rules
TheStreet.com quoted me in New Mortgage Rule Requires Disclosure Documents to Help Consumers Compare Costs. It reads, in part, A new set of shorter and simpler mortgage documents will be disclosed to consumers before they close on a loan, making the … Continue reading
October 1, 2015 in Regulation | 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 Regulation | Permalink | No Comments
September 28, 2015
Putting Disclosure to the Test
Talia Gillis has posted Putting Disclosure to the Test: Toward Better Evidence-Based Policy to SSRN. This is another one of those papers that seems so esoteric, but really addresses an incredibly important topic in consumer protection. The abstract reads, Financial disclosures … Continue reading
September 28, 2015 in Regulation | Permalink | No Comments
Monday’s Adjudication Roundup
Union pension funds have filed a petition for cert in the U.S. Supreme Court to consider whether Bank of New York Mellon Corp. is liable for failure in oversight of 26 trusts of over $30 billion in residential mortgage-backed securities. … Continue reading
September 28, 2015 in Regulation | Permalink | No Comments
September 25, 2015
CFPB Mortgage Market Rules
Law360 quoted me in Questions Remain Over CFPB Mortgage Rules’ Market Effects (behind a paywall). The story highlights the fact that the jury is still out on exactly what a mature, post-Dodd-Frank mortgage market will look like. As I blogged yesterday, … Continue reading
September 25, 2015 in Regulation | Permalink | No Comments
