REFinBlog

March 16, 2015

Arbitration and The Common Mortgage

The Consumer Financial Protection Bureau posted its Arbitration Study. This is a report to Congress that was required by Dodd-Frank. By way of background, the study states that Companies provide almost all consumer financial products and services subject to the … Continue reading →

March 13, 2015

Friday Government Report Roundup

US Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) released two reports discussing the difference in risk between conventional lenders and CDFIs. CDFIs Stepping into the Breach: An Impact Evaluation—Summary Report. Risk and Efficiency among CDFIs: A Statistical Evaluation … Continue reading →

March 11, 2015

Housing Affordability Across The Globe

The 11th Annual Demographia International Housing Affordability Survey: 2015 has been released. The survey provides ratings for metropolitan markets in Australia, Canada, China, Ireland, Japan, New Zealand, Singapore, the U.K. and the U.S. There are some interesting global trends: Historically, … Continue reading →

Wednesday’s Academic Roundup

Countercyclical Regulation and Its Challenges, by Patricia A. McCoy, Boston College Law School Legal Research Paper No. 351. Low-Income Housing Tax Credit Developments and Neighborhood Property Conditions, Kelly D. Edmiston, February 20, 2015. First Principles for Regulating the Sharing Economy, … Continue reading →

March 10, 2015

Countercyclical Regulation of Housing Finance

Pat McCoy has posted Countercyclical Regulation and Its Challenges to SSRN. The abstract reads, Following the 2008 financial crisis, countercyclical regulation emerged as one of the most promising breakthroughs in years to halting destructive cycles of booms and busts. This … Continue reading →

March 9, 2015

Monday’s Adjudication Roundup

Shareholders of Deutsche Bank petitioned for cert to the U.S. Supreme Court to clarify the standard for a claim for pleading a fraudulent claim under Section 11 of the Securities Act of 1933 following the Second Circuit tossing their suit … Continue reading →

March 6, 2015

The Community Reinvestment Act: Guilty of What?

Ray Brescia recently posted the final version of The Community Reinvestment Act: Guilty, but not as Charged to SSRN. The article wades into a seemingly technical debate that has extraordinary political and ideological implications: did misguided liberal policies push financial … Continue reading →