June 12, 2015
Reiss on Big Kickback Penalty
Law360 quoted me in CFPB Ruling Adds New Front In Administrative Law Fight (behind a paywall). The story opens, Consumer Financial Protection Bureau Director Richard Cordray’s decision last week upholding an administrative ruling against PHH Mortgage Corp. and jacking up the firm’s … Continue reading
June 12, 2015 in Regulation | Permalink | No Comments
Friday’s Government Reports
Consumer Financial Protection Bureau (CFPB) recently released a report entitled A Closer Look a Reverse Mortgage Advertisements and Consumer Risks which discusses its findings regarding the failure of reverse mortgage ads to mention the considerable risks involved in reverse mortgage loans (while extolling … Continue reading
June 12, 2015 in Regulation | Permalink | No Comments
June 10, 2015
Reiss on EB-5 Green Card Reform
GlobeSt.com quoted me in Congress Moves to Revamp EB-5. It reads in part, Last week Senate Judiciary Committee Chairman Chuck Grassley and ranking member Senator Patrick Leahy introduced bipartisan legislation to reauthorize and reform the EB-5 Regional Center program. This did … Continue reading
June 10, 2015 in Regulation | Permalink | No Comments
June 9, 2015
Rapidly Rising Rents
The Community Service Society has released its Fast Analysis of the 2014 New York City Housing and Vacancy Survey which “analyzed just-released U.S. Census Bureau data from the 2014 version of its New York City Housing and Vacancy Survey, a survey of … Continue reading
June 9, 2015 in Regulation | Permalink | No Comments
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau issued a consumer advisory in the first regulatory action prompted by the results of its reverse mortgage report entitled A Closer Look at Reverse Mortgages. Advertisements often lead retirees to believe that reverse loan offers … Continue reading
June 9, 2015 in Regulation | Permalink | No Comments
June 5, 2015
Dealing with Debt Collectors
I was quoted by CreditCardGuide.com in Know Your Rights with Debt Collectors. It reads, in part, Regardless of how deep your financial troubles go, you are protected by state and federal law when it comes to how debt collectors can treat you. … Continue reading
June 5, 2015 in Regulation | Permalink | No Comments
Friday’s Government Reports Roundup
United States Government Accountability Office releases report: “Collateral Requirements Discourage Some Community Development Financial Institutions from Seeking Membership”. The National Low Income Housing Coalition (NLIHC) released its Out of Reach 2015 report, in which it asserts that low wages and … Continue reading
June 5, 2015 in Regulation | Permalink | No Comments
