REFinBlog

Editor: David Reiss
Cornell Law School

July 24, 2015

Friday’s Government Reports

By Serenna McCloud

The U.S. Census Bureau and U.S. Department of Housing and Urban Development jointly released the New Residential Construction statistics for June 2015 – which shows sizable increases in housing starts (compared to June 2014) for multiple unit construction, particularly in the … Continue reading

July 23, 2015

Thursday’s Advocacy & Think Tank Round-Up

By Serenna McCloud

The Federal Reserve Bank of New York’s Staff Report, Determinants of Mortgage Default and Consumer Credit Use: The Effects of Foreclosure Laws and Foreclosure Delays, examines the interconnectedness of debt repayment decisions – specifically finding that mortgage default is negatively correlated with … Continue reading

July 22, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Valuing Control, Peter C. DiCola, 113 Michigan Law Review 663 (2015). A Framework for Understanding Property Regulation and Land Use Control from a Dynamic Perspective, Donald J. Kochan, 4 Michigan Journal of Environmental & Administrative Law 303 (2015). The Use … Continue reading

July 20, 2015

The Prime Crisis

By David Reiss

Fernando Ferreira and Joseph Gyourko, both at Penn’s Wharton School, have posted A New Look at the U.S. Foreclosure Crisis: Panel Data Evidence of Prime and Subprime Borrowers from 1997 to 2012 to SSRN. Unfortunately it is behind a National … Continue reading

Monday’s Adjudication Roundup

By Shea Cunningham

Primary Capital Advisors LLC will face suit for selling bad loans to a Residential Capital LLC subsidiary, putting the parent company into bankruptcy, because the contract language was ambiguous. California federal court approved Diversified Lending Group’s $163 million settlement with … Continue reading

July 17, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

The National Housing Conference (NHC) released its report, “Housing and Services Needs of Our Changing Veteran Population”, offers recommendations on how to serve the different groups of veterans, specifically older adult veterans, female veterans, and post 9/11 veterans. The Federal … Continue reading

July 16, 2015

Dodd-Frank and Mortgage Reform at Five

By David Reiss

The Department of Treasury has issued a report, Dodd-Frank at Five Years: Reforming Wall Street and Protecting Main Street. The report is clearly a political document, trumpeting the achievements of the Obama Administration. It is interesting nonetheless. It opens, When President … Continue reading