May 29, 2015
Facts and Myths About Rent Regulation
Few topics are more fraught in NYC than rent regulation and stances about it are typically set by where people are financially and ideologically. It is always useful when someone tries to add some good old-fashioned facts to the debate in order to … Continue reading
May 29, 2015 in Regulation | Permalink | No Comments
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