REFinBlog

August 25, 2017

Friday’s Government Reports Roundup

The Federal Housing Finance Agency (FHFA) examined housing prices for the second quarter of this year. Across the U.S., housing prices rose 1.6% during the second quarter. Though this is a small increase, over the past year, housing prices have … Continue reading →

August 24, 2017

Thursday’s Advocacy & Think Tank Roundup

Data resubmission guidelines were released by the Federal Financial Institution Examination Council (FFIEC). These guidelines stem from the Home Mortgage Disclosure Act (HMDA). An institution that experiences errors on more than 10% of their applications, must resubmit the entire Loan … Continue reading →

August 23, 2017

Wednesday’s Academic Roundup

Credit Growth and the Financial Crisis: A New Narrative, Albanesi, Giorgi, and Nosal The Time-Varying Price of Financial Intermediation in the Mortgage Market, Fuster, Lo and Willen Information Immobility and Learning in Commercial Real Estate Markets, Agarwal, Sing and Wing … Continue reading →

August 21, 2017

Tuesday’s Regulatory & Legislative Roundup

The challenges associated with student loans are not improving says the Consumer Financial Protection Bureau (CFPB). Borrowers owing $50,000 or more have tripled in the past 12 years. Furthermore, many of these borrowers are not making use of income based … Continue reading →

Monday’s Adjudication Roundup

A New Jersey attorney attempted to disqualify the attorney from representing a condo association. The attorney’s representation stemmed from insurance coverage during Superstorm Sandy. The opposing attorney accused its adversary of allowing too much time to lapse before filing their … Continue reading →

August 18, 2017

Friday’s Government Reports Roundup

The Federal Housing Finance Agency extended the Home Affordable Modification Program (HARP) program until December 2018. This extension comes as no shock because the agency has extended the program a number of times in years prior. Currently, the agency is … Continue reading →

August 17, 2017

Thursday’s Advocacy & Think Tank Roundup

Mortgage rates hit their lowest point since Trump was elected to president. Despite the lower mortgage rates, home seekers are not applying for home loans. In fact, home mortgage applications increased a mere 0.1 percent in the week prior. One … Continue reading →