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 Regulation | Permalink | No Comments
August 20, 2015
Thursday’s Advocacy & Think Tank Round-Up
Community Builders, an initiative of the Sonoran Institute has released Place Value: How Communities Attract, Grow and Keep Jobs and Talent in the Rocky Mountain West recommends walkability and quality of life conscious development of communities . According to the National Association of … Continue reading
August 20, 2015 in Regulation | Permalink | No Comments
August 19, 2015
Wednesday’s Academic Roundup
The Impact on LEED Neighborhood Certification on Condo Prices, Julia Freybote, Hua Sun & Xi Yang, Real Estate Economics, Vol. 43, Issue 3, pp. 586-608, 2015. Information Externalities, Neighborhood Characteristics and Home Mortgage Pricing and Underwriting, Ioan Voicu, Irina Paley, … Continue reading
August 19, 2015 in Regulation | Permalink | No Comments
August 18, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau has launched an Online Guide for Real Estate Professionals to understand their obligations under the new “Know Before You Owe” mortgage disclosure rules, which become effective October 3, 2015. The Know Before You Owe mortgage initiative … Continue reading
August 18, 2015 in Regulation | Permalink | No Comments
August 17, 2015
Monday’s Adjudication Roundup
Plaintiffs in class action suit against JPMorgan Chase & Co., who were fraudulently charged unnecessary home inspection fees, argue that the bank cannot avoid class certification because Chase admitted that “determining whether an inspection was reasonable requires an assessment of … Continue reading
August 17, 2015 in Regulation | Permalink | No Comments
August 14, 2015
Smoldering FIRREA
American Banker quoted me in Banks Take Losses in MBS Case Appeals; Is Supreme Court Next? (behind a paywall) The story reads, in part, Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats … Continue reading
August 14, 2015 in Regulation | Permalink | No Comments
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 Regulation | Permalink | No Comments
