September 18, 2017
Monday’s Adjudication Roundup
A mortgage holder of a Palm Beach hotel in Florida, filed a claim against a local Florida attorney for securities fraud surrounding an EB-5 visa program. The attorney claims the mortgage holder failed to state a claim upon which relief … Continue reading
September 18, 2017 in Uncategorized | Permalink | No Comments
September 15, 2017
Friday’s Government Reports Roundup
The Government Accountability Office (GAO) recently examined the United States Department of Agriculture’s Rural Housing Service (RHS) depletes all of their funds for renewing rental assistant agreements in the 2013-2015 fiscal years. Three factors led to the depletion, “fiscal year … Continue reading
September 15, 2017 in Uncategorized | Permalink | No Comments
September 14, 2017
Thursday’s Advocacy & Think Tank Roundup
Deutsche Bank is adamant about their role in following all the rules when issuing mortgage bonds. In fact, the mega bank accuses the government of “concocting a baseless theory of fraud.” The bank maintains the government’s claim is meritless, incorrect, … Continue reading
September 14, 2017 in Uncategorized | Permalink | No Comments
September 13, 2017
Wednesday’s Academic Roundup
Did QE Lead Banks to Relax Their Lending Standards? Evidence from the Federal Reserve’s Lsaps, Kurtzman, Luck, and Zimmermann The Mortgage Rate Conundrum, Justiniano, Primiceri, and Tambalotti Competing for Deal Flow in Mortgage Markets, Aiello, Garmaise, and Natividad Law, Institutions … Continue reading
September 13, 2017 in Uncategorized | Permalink | No Comments
September 12, 2017
Tuesday’s Regulatory & Legislative Roundup
President Trump wants to ensure Americans are able to succeed after experiencing disasters. Recently, the president approved a 15.2 billion dollar relief and recovery bill aimed at helping residents of Texas and Louisiana after Hurricane Harvey, small businesses to aid … Continue reading
September 12, 2017 in Uncategorized | Permalink | No Comments
September 11, 2017
Monday’s Adjudication Roundup
Local Michigan real estate developers are unhappy about the stall in their plan to develop Detroit’s basketball arena. Not only are the duo developer organizations asking the court to dismiss the suit against them by local residents, they also requests … Continue reading
September 11, 2017 in Uncategorized | Permalink | No Comments
September 8, 2017
Friday’s Government Reports Roundup
The Consumer Financial Protection Bureau (CFPB) studied an array of scenarios and determined that “reverse mortgage loan costs” are greater than any increase in Social Security benefits homeowners receive throughout their life due to a delay in the release of … Continue reading
September 8, 2017 in Uncategorized | Permalink | No Comments