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
May 8, 2015
Friday’s Government Reports Roundup
CFPB releases its 2014 Fair Lending Report, discussing its fair lending acts over the past year. It shows that the CFPB required institutions to provide over $224 million in remediation in 2014. A S. Census Bureau paper examines the effects … Continue reading
May 8, 2015 in Regulation | Permalink | No Comments
May 6, 2015
Wednesday’s Academic Roundup
Beyond Disparate Impact: How the Fair Housing Movement Can Move On, by Rigel Christine Oliveri, Washburn Law Journal, Forthcoming, Crowding Out Effects of Refinancing on New Purchase Mortgages, by Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. … Continue reading
May 6, 2015 in Regulation | Permalink | No Comments
