REFinBlog

Editor: David Reiss
Cornell Law School

June 16, 2017

Friday’s Government Reports Roundup

By Jamila Moore

Shortly after taking office, President Donald Trump ordered the U.S. Treasury Department to assess the U.S. financial market. Steven Mnuchin, U.S. Treasury Secretary, found a need for specific immediate actions which will provide “much-needed relief.” The detailed report also calls … Continue reading

June 15, 2017

Thursday’s Advocacy & Think Tank Roundup

By Jamila Moore

Chicago is faced with many disparities between higher income and lower income residents. A recent study shows an additional disparity regarding the burden of property taxes on lower income residents. The root of the issue stems from the valuation of … Continue reading

June 14, 2017

Wednesday’s Academic Roundup

By Jamila Moore

Individual Liability of Shareholders, Officers, and Directors Under the Interstate Land Sales Act, DiLorenzo Chapter 20: Traditional Asset Allocation Securities: Stocks, Bonds, Real Estate, and Cash, Milliken, Nikbakht, and Spieler A Revealed Preference Approach to Estimating Strategic Mortgage Default, McCollum, … Continue reading

June 13, 2017

Tuesday’s Regulatory & Legislative Roundup

By Jamila Moore

The Consumer Financial Protection Bureau (CFPB) took action against Fay Servicing for their lack of protection of homeowners during foreclosing procedures. The CFPB found that Fay Servicing did not provide borrowers with the necessary protection legally mandated. Additionally, the servicing … Continue reading

June 12, 2017

Monday’s Adjudication Roundup

By Jamila Moore

An Ohio attorney received a 14 month sentence on Friday, June 9, 2017, for his role in a 70 million dollar Ponzi scheme regarding land trust. This attorney assisted a husband and wife in fraudulent land activities. Similarly, Steven Scudder, … Continue reading

June 9, 2017

Friday’s Government Reports Roundup

By Jamila Moore

The Consumer Financial Protection Bureau recently released a report regarding a study of lower income areas and their credit visibility. The report found that many residents in lower income communities become credit visible when they are lowering their credit score … Continue reading

June 8, 2017

Thursday’s Advocacy & Think Tank Roundup

By Jamila Moore

Lawmakers see a need to adjust the country’s current flood insurance practice. Currently, the nation’s flood insurance program runs a 25 billion deficit from “storm-damage payouts in recent years.” To date, insurance companies provide approximately 5 million insurance policies to … Continue reading