July 31, 2017
Monday’s Adjudication Roundup
Five major U.S. Banks are worried. Previously, the Second Circuit permitted the Federal Deposit Insurance Corporation to file a mortgage securities suit for $140 million dollars against the five banks. Recently, the U.S. Supreme Court heard from the Securities Industry … Continue reading
July 31, 2017 in Uncategorized | Permalink | No Comments
July 28, 2017
Friday’s Government Reports Roundup
This past week, the nation celebrated the National Housing Week of Action. Congressmen and housing activists gathered on Capitol Hill to shed light on the nation’s current housing issues. The gatherers specifically sought funds for additional investments in housing for … Continue reading
July 28, 2017 in Uncategorized | Permalink | No Comments
July 27, 2017
Thursday’s Advocacy & Think Tank Roundup
First Financial bought MainSource for $1 billion. This merger will make First Financial the sixth largest bank in Indiana. The deal incorporates a stock-for-stock transaction estimated to the value of 1 billion. Due to the merger, First Financial now has … Continue reading
July 27, 2017 in Uncategorized | Permalink | No Comments
July 26, 2017
Wednesday’s Academic Roundup
Does Loan Officer Race Affect Mortgage Prices? Evidence from the Subprime Mortgage Market, Ambrose, Conklin, and Lopez Mortgage Insurance Deductibles: An Idea Whose Time Hasn’t Come, Kieppl and MacGee Invisible Student Loan Debt and the Mortgage Interest Deduction, Haneman House … Continue reading
July 26, 2017 in Uncategorized | Permalink | No Comments
July 25, 2017
Tuesday’s Regulatory & Legislative Roundup
New York City’s Department of Housing Preservation and Development secured approximately 1.5 million to expand community land trusts. These funds stem from bank settlements throughout the state. New York negotiated with banks across the state regarding their past policies and … Continue reading
July 25, 2017 in Uncategorized | Permalink | No Comments
July 24, 2017
Monday’s Adjudication Roundup
A Miami-Dade court halted David Beckham’s plan to create a new soccer stadium in Miami, which may potentially persuade Major League Soccer to expand to Miami. Miami-Dade County recently approved Beckham’s 9 million dollar bid to purchase a parcel of … Continue reading
July 24, 2017 in Uncategorized | Permalink | No Comments
July 21, 2017
Friday’s Government Reports Roundup
The Consumer Financial Protection Bureau (CFPB) battled with the Office of the Comptroller of the Currency over the public release of the CFPB’s new arbitration rule. Companies can no longer mandate arbitration clauses. As a result, consumers will be able … Continue reading
July 21, 2017 in Uncategorized | Permalink | No Comments
