REFinBlog

Editor: David Reiss
Cornell Law School

October 11, 2013

Fightin’ Words on Consumer Complaints

By David Reiss

Deloitte has issued a report, CFPB’s Consumer Complaint Database: Analysis Reveals Valuable Insights, that provides valuable — but superficial insights — into the CFPB’s massive database of consumer complaints. Deloitte’s main insights are Troubled mortgages are behind the majority of … Continue reading

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October 11, 2013 in Regulation | Permalink | No Comments

October 8, 2013

DATA! On US Housing Market Conditions

By David Reiss

HUD has released a new online database on U.S. Housing Market Conditions.  It can be searched by location and by report type. The website also includes some analysis of national, regional, state, metropolitan and local markets. The website includes some … Continue reading

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October 8, 2013 in Regulation | Permalink | No Comments

October 7, 2013

Post-Bubble Foreclosure-Prevention and -Mitigation Options in Your Town?

By David Reiss

Bob Hockett has posted Post-Bubble Foreclosure-Prevention and -Mitigation Options in Seattle. I recommend it to those interested in issues beyond Seattle’s borders because it actually covers foreclosure-prevention and mitigation options across the country, although it looks at them with a … Continue reading

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October 7, 2013 in Regulation | Permalink | No Comments

October 2, 2013

Lifting a Shadow from Qualified Residential Mortgages

By David Reiss

The self-named Shadow Financial Regulatory Committee of the American Enterprise Institute has issued a statement on The New Qualified Residential Mortgage Rule Proposal.  The Shadow Committee argues that agencies promulgating the newest version of the QRM rule completely abandoned the … Continue reading

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October 2, 2013 in Regulation | Permalink | No Comments

October 1, 2013

Financial Education: Miles to Go Before We Can Sleep Easily

By David Reiss

The CFPB has posted Financial Empowerment Training for Social Service Programs: A Scan of Community-Based Initiatives. The report opens well, with Gail Hillebrand, the Associate Director for Consumer Education and Engagement, noting that Consumers need four things to be financially … Continue reading

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October 1, 2013 in Regulation | Permalink | No Comments

September 27, 2013

CFPB Tool Puts HMDA Data on Web

By David Reiss

The Consumer Financial Protection Bureau has posted an online tool to make Home Mortgage Disclosure Act (HMDA) data available to consumers in an easy to use format.    The Bureau notes that in 2012 there were approximately 18.7million HMDA records from … Continue reading

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September 27, 2013 in Regulation | Permalink | No Comments

September 26, 2013

Reiss on Atlantic Yards Litigation

By David Reiss

The New York Daily News quoted me in a story, Bruce Ratner Will Have to Pay His Opponents’ Legal Bills: Judge, about the litigation over the construction of the Barclays Center and the other buildings in the Atlantic Yards project. … Continue reading

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September 26, 2013 in Regulation | Permalink | No Comments