June 20, 2017
Tuesday’s Regulatory & Legislative Roundup
The Federal Housing Finance Agency (FHFA) released their 2016 Report to Congress. This report is mandated by federal statute and examines many mortgage and financial institutions such as Fannie Mae and Freddie Mac. Additionally, the report provides guidance for each … Continue reading
June 20, 2017 in Uncategorized | Permalink | No Comments
June 19, 2017
Monday’s Adjudication Roundup
A Florida Appeals Court threw out a 30 million verdict against a small Florida town. Initially, a property owner won the case based upon the town’s “taking” of their property; however, the Florida appellate court found an error in the … Continue reading
June 19, 2017 in Uncategorized | Permalink | No Comments
June 16, 2017
Friday’s Government Reports Roundup
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 16, 2017 in Uncategorized | Permalink | No Comments
June 15, 2017
Thursday’s Advocacy & Think Tank Roundup
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 15, 2017 in Uncategorized | Permalink | No Comments
June 14, 2017
Wednesday’s Academic Roundup
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 14, 2017 in Uncategorized | Permalink | No Comments
June 13, 2017
Tuesday’s Regulatory & Legislative Roundup
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 13, 2017 in Uncategorized | Permalink | No Comments
June 12, 2017
Monday’s Adjudication Roundup
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 12, 2017 in Uncategorized | Permalink | No Comments
