March 5, 2015
Housing and Vacancies in NYC
New York City’s Department of Housing Preservation and Development (HPD) has released its initial findings of its 2014 Housing and Vacancy Survey. There are some interesting findings about the housing stock, particularly for those of us who follow the NYC … Continue reading
March 5, 2015 in Regulation | Permalink | No Comments
February 25, 2015
Wednesday’s Academic Roundup
Regulation and Liability of Credit Rating Agencies – A More Efficient European Law?, by Thomas M.J. Mollers & Charis Niedorf, ECRF 2014, 333-363. How Federal Tax Expenditures that Support Housing Contribute to Economic Inequality, by Henry Rose, Loyola University Chicago … Continue reading
February 25, 2015 in Regulation | Permalink | No Comments
February 24, 2015
Consumer Thoughts on Credit Reports
The Consumer Financial Protection Bureau has issued a report, Consumer Voices on Credit Reports and Scores. This report builds on other recent work from the CFPB about how much people really understand about consumer finance. The answer — they still … Continue reading
February 24, 2015 in Regulation | Permalink | No Comments
February 20, 2015
Friday’s Government Report Roundup
CRS Report, ‘Community Development Financial Institutions (CDFI): Programs and Policy Issues’, by Sean Lowry. (Need Bloomberg BNA Subscription) Consumers’ mortgage shopping experience, by CFPB. HUD Subsidized More Than 106,000 Noncompliant Households. (Discussing HUD’s large-scale failure in oversight of requirement that … Continue reading
February 20, 2015 in Regulation | Permalink | No Comments
February 19, 2015
Treasury Gives RMBS a Workout
The Treasury has undertaken a Credit Rating Agency Exercise. According to Michael Stegman, Treasury recognized that the PLS market has been dormant since the financial crisis partly because of a “chicken-and-egg” phenomenon between rating agencies and originator-aggregators. Rating agencies will not … Continue reading
February 19, 2015 in Regulation | Permalink | No Comments
February 17, 2015
Tuesday’s Regulatory & Legislative Round-Up
HUD AWARDS $1.8 BILLION TO IMPROVE, PRESERVE NATION’S PUBLIC HOUSING Says Housing Authorities Will Use Funding to Maintain Housing for Families, Seniors Julián Castro: Secretary of U.S. Department of Housing and Urban Development (HUD) Positive About the FHA in Written Testimony before … Continue reading
February 17, 2015 in Regulation | Permalink | No Comments
February 13, 2015
Friday’s Government Reports
FHFA House Price Index up .08% in November 2014 HUD’s Worst Case Housing Needs 2015 Report to Congress New York Comptroller’s Report Finds Empire State Development Corporation Lacking in Accountability and Transparency Consumer Financial Protection Bureau Releases Report On Reverse … Continue reading
February 13, 2015 in Regulation | Permalink | No Comments
