May 22, 2015
Friday’s Government Reports Roundup
HUD released “Effect of QAP Incentives on the Location of LIHTC Properties” which examined the patterns of Low Income Housing Tax Credit (LIHTC) developments. The Government Accountability Office (GAO) releases its report on the status of the Community Development Capital … Continue reading
May 22, 2015 in Regulation | Permalink | No Comments
May 20, 2015
Wednesday’s Academic Roundup
Rights at Risk in Privatized Public Housing, by Jaime Lee, Tulsa Law Review, Vol. 50, 2015, pp. 759-801. Making Firms Liable for Consumers’ Mistaken Beliefs: Theoretical Model and Empirical Applications to the U.S. Mortgage and Credit Card Markets, by Alexei … Continue reading
May 20, 2015 in Regulation | Permalink | No Comments
May 19, 2015
HAMP-ered Foreclosure Prevention
The Special Inspector General for the Troubled Asset Relief Program (SIGTARP) released a report, Treasury’s Opportunity to Increase HAMP’s Effectiveness by Reaching More Homeowners in States Underserved by HAMP. The Introduction opens, TARP’s signature foreclosure prevention program, the Home Affordable … Continue reading
May 19, 2015 in Regulation | Permalink | No Comments
May 18, 2015
Monday’s Adjudication Roundup
The Financial Industry Regulatory Authority (FINRA) has ordered Goldman Sachs to pay National Australia Bank $100 million over $80 million in collateralized debt obligations. US Bank escapes liability under the False Claims Acts for filing FHA insurance claims without complying … Continue reading
May 18, 2015 in Regulation | Permalink | No Comments
May 14, 2015
Thursday’s Advocacy & Think Tank Round-Up
City lab’s analyzes why Billionaires Don’t Pay Taxes in New York, concludes that recent housing boom has been in the “ultralux” market and that the owners pay a fraction of their share due to a tax code that shifts the … Continue reading
May 14, 2015 in Regulation | Permalink | No Comments
May 12, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Consumer Financial Protection Bureau issued guidance to “remind lenders of their obligations under the Equal Credit Opportunity Act and it’s implementing Regulation B, to provide non-discriminatory access to credit for mortgage applicants using income from the section 8 housing … Continue reading
May 12, 2015 in Regulation | Permalink | No Comments
May 11, 2015
Monday’s Adjudication Roundup
The United States Supreme Court holds that debtors do not have an absolute right to appeal a denial of a proposed bankruptcy plan (mentioned in April 6 post). Maryland federal judge approves settlement between CFPB and Genuine Title and participants … Continue reading
May 11, 2015 in Regulation | Permalink | No Comments