REFinBlog

Editor: David Reiss
Cornell Law School

February 13, 2017

Monday’s Adjudication Roundup

By Robert Engelke

A New York appeals court refused to revive a fraud suit by liquidators for two Bear Stearns & Co. Inc. feeder funds alleging the big three credit rating agencies lied about the creditworthiness of debt obligations backed by subprime mortgages

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February 13, 2017 in Uncategorized | Permalink | No Comments

February 10, 2017

Friday’s Government Reports Roundup

By Jamila Moore

Ellie Mae is making good on their promise to support lenders in their efforts with governmental compliance and efficiency. This year, Ellie Mae increased its users of Encompass by 21% showing that lenders understand the efficacy of Ellie Mae’s program. … Continue reading

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February 10, 2017 in Uncategorized | Permalink | No Comments

February 9, 2017

Thursday’s Advocacy & Think Tank Roundup

By Jamila Moore

President Trump is working hard to ensure that big businesses in America receive financial breaks; however, he is not considering the impact of his decisions on all other industries.  Currently, corporations pay a 35% tax rate. President Trump would like … Continue reading

February 8, 2017

Wednesday’s Academic Roundup

By Jamila Moore

What Account for the Differences in Rent-Price Ratio and Turnover Rate? A Search-and-Matching Approach, Huang, Leung, and Tse Bank-Specific Shocks and House Price Growth in the U.S., Bremus, Krause, and Noth Relative Rank and Life Satisfaction: Evidence from US Households, … Continue reading

February 7, 2017

Tuesday’s Regulatory & Legislative Roundup

By Jamila Moore

Realtors are unhappy with President Trump’s recent decision to eliminate the “FHA mortgage insurance premium cut.” The National Association of Realtors attributes the downward trend of new home buyers to Trump’s recent decision. Furthermore, they believe reinstating the insurance cut … Continue reading

February 6, 2017

Monday’s Adjudication Roundup

By Jamila Moore

Two former Thornburg Mortgage executives can rest easily because the SEC is no longer seeking damages for their behavior during the early 2000’s financial crisis. The cases spanned over 5 years and disputed an amount over 400 million in losses. … Continue reading

February 3, 2017

Friday’s Government Reports Roundup

By Robert Engelke

January more jobs than economists expected, led by gains in retail trade, construction and financial activities. Total nonfarm payroll employment increased by 227,000 in January, while the unemployment rate remained unchanged at 4.8%, according to today’s report from the Bureau … Continue reading