June 5, 2017
Monday’s Adjudication Roundup
Three men in the San Francisco Bay were convicted by a California federal court. The three men participated in a three year bid rigging scheme that took place at foreclosure auctions. The three men attempted to suppress evidence by the … Continue reading
June 5, 2017 in Uncategorized | Permalink | No Comments
June 2, 2017
Friday’s Government Reports Roundup
The United States Housing and Urban Development Agency(HUD) recently published a report proposing adjustments to the method of calculation of fair market value rents. Additionally, HUD seeks the public’s input on the matter before determining a final decision. The Consumer … Continue reading
June 2, 2017 in Uncategorized | Permalink | No Comments
June 1, 2017
Thursday’s Advocacy & Think Tank Roundup
Wells Fargo has experienced another setback in their attempt to recover in the wake of their “fake account scandal.” On Wednesday, May 31, 2017, New York City’s mayor and comptroller announced an end to the city’s business relationship with Wells … Continue reading
June 1, 2017 in Uncategorized | Permalink | No Comments
May 31, 2017
Wednesday’s Academic Roundup
Mortgage Debt and the Social Function of Contract, Domurath The Consumer Spending Response to Mortgage Resets: Microdata on Monetary Policy, Bhagat, Farrell, and Narasiman Screening as a Unified Theory of Delinquency, Renegotiation, and Bankruptcy, Kovrijnykh and Livshits An Equilibium Model … Continue reading
May 31, 2017 in Uncategorized | Permalink | No Comments
May 30, 2017
Tuesday’s Regulatory & Legislative Roundup
Representative Blaine Luetkemeyer of Missouri, gave the Financial Institution Customer Protection Act another try by reintroducing the bill into Congress. Luetkemeyer believes the bill will balance and protect the financial industry from “organized bureaucratic intimidation.” The proposed bill specifically limits … Continue reading
May 30, 2017 in Uncategorized | Permalink | No Comments
May 26, 2017
Friday’s Government Reports Roundup
The U.S. Department of Urban Housing and Development (HUD) released its “FY 2017 HOME Match Reduction List.” HOME Program. HUD provides matches to specific municipalities when there is a fiscal distress and Presidential disaster declarations. The Consumer Financial Protection Bureau … Continue reading
May 26, 2017 in Uncategorized | Permalink | No Comments
May 25, 2017
Thursday’s Advocacy & Think Tank Roundup
Despite the spike in the national mortgage interest rate and the low inventory of U.S. homes, 2017’s first quarter sold at its fastest pace in over ten years. As a result, home prices are increasing. There are fewer perspective homes; … Continue reading
May 25, 2017 in Uncategorized | Permalink | No Comments
