REFinBlog

Editor: David Reiss
Cornell Law School

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

February 2, 2017

Thursday’s Advocacy & Think Tank Roundup

By Robert Engelke

Kaitlyn Snyder and Rebekah King from the National Housing Conference write about the necessity of including affordable housing in any major infrastructure legislation, as part of a series of blog posts on the connection between housing and infrastructure by the … Continue reading

February 1, 2017

Wednesday’s Academic Roundup

By Robert Engelke

An essay titled, Riskiness of Real Estate Development: A Perspective from Urban Economics & Option Value Theory, defines a new construct for urban economic analysis which puts this conventional wisdom in a new light. The authors call the new construct, … Continue reading

January 31, 2017

Tuesday’s Regulatory & Legislative Roundup

By Robert Engelke

The Senate Banking Committee on Tuesday voted unanimously to move the nomination of Dr. Ben Carson to serve as secretary of Housing and Urban Development amid concerns from some about his lack of experience in housing issues. President Donald Trump … Continue reading

January 30, 2017

Monday’s Adjudication Roundup

By Robert Engelke

A California federal judge said Friday she will approve Ocwen Loan Servicing LLC’s $600,000 settlement resolving class action claims that it failed to apply certain mortgage payments to borrower accounts because of a software bug, calling the deal “an excellent … Continue reading