REFinBlog

Editor: David Reiss
Cornell Law School

May 26, 2017

Friday’s Government Reports Roundup

By Jamila Moore

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 25, 2017

Thursday’s Advocacy & Think Tank Roundup

By Jamila Moore

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 24, 2017

Wednesday’s Academic Roundup

By Jamila Moore

Taxing Zombies: Killing Zombie Mortgages with Differential Property Taxes, Weber Did QU Lead to Lax Bank Lending Standards? Evidence from the Federal Reserve’s LSAPs, Kurtzman, Luck, and Zimmermann Urbanization and Housing Investment, Dasgupta, Gracia, and Lall Mortgage Matrix and Bank … Continue reading

May 23, 2017

Tuesday’s Regulatory & Legislative Roundup

By Jamila Moore

The U.S. Court of Appeals, District of Columbia is gearing up to hear the landmark case challenging the constitutionality of the Consumer Financial Protection Bureau (CFPB). In 2016, PHH received a 100 million dollar fine regarding their consumer and mortgage … Continue reading

May 22, 2017

Monday’s Adjudication Roundup

By Jamila Moore

A Florida couple is unhappy. The Eleventh Circuit upheld a fine and probation sentence given to the couple by a lower district court. The initial ruling, stemmed from the couple’s failure to disclose an insurance company’s payout of a sink … Continue reading

May 8, 2017

What Is An Origination Fee?

By David Reiss

Realtor.com quoted me in What Is an Origination Fee, and How Much Does It Cost? It opens, In the seemingly never-ending mortgage lexicon of home buying and selling, one term in particular stands out as a source of confusion: the origination fee. What is … Continue reading

May 5, 2017

Friday’s Government Reports Roundup

By Jamila Moore

The Financial Services Committee of Congress narrowly passed the Financial CHOICE Act, H.R. 10. Democrats were unhappy about the initial proposal of the new bill. The group took measures to stall the mark-up and voice their opinions regarding the “Wrong … Continue reading