REFinBlog

Editor: David Reiss
Cornell Law School

December 9, 2016

Friday’s Government Reports Roundup

By Jamila Moore

Fannie Mae and Freddie Mac successfully made changes to their mortgage back securities claims the Federal Housing Finance Agency. Furthermore, the agency iterates that this first step is imperative to the long term plan “of a common securitization platform and … Continue reading

December 8, 2016

Thursday’s Advocacy & Think Tank Roundup

By Jamila Moore

Community Development Financial Institutions (CDFIs) needed funding support the economic needs of individuals in low income communities. As a result,  JP Morgan Chase began establishing grants for CDFIs to assist in mobile home ownership, redevelopment in specific low income communities, … Continue reading

December 7, 2016

Wednesday’s Academic Roundup

By Jamila Moore

The Informational Role of Housing Market Liquidity, Badarinza Cooking up a Crisis: The Capital-Valuation Connection in U.S. Real Estate Markets, Boyack Rising Sea Levels and Sinking Property Values: The Effects of Hurricane Sandy on New York’s Housing Market, Ortega & … Continue reading

December 6, 2016

Tuesday’s Regulatory & Legislative Roundup

By Jamila Moore

The Federal Housing Administration will raise the ceiling and floor of their loans in 2017. This shift comes after an increase in housing prices throughout the U.S. Public Housing residents must shift their habits. The U.S. Department of Housing and … Continue reading

December 5, 2016

Monday’s Adjudication Roundup

By Jamila Moore

A Delaware federal judge decided not to hear a potential class action suit regarding “real estate funds and a ‘Ponzi-like’ scheme.” New Jersey filed a suit against local New Jersey residents that defrauded New Jersey citizens of their funds regarding … Continue reading

December 2, 2016

Friday’s Government Reports Roundup

By Robert Engelke

The employment report showed solid gains in December despite the narrowing supply of workers in the labor market. Total nonfarm payroll employment increased by 178,000 from last month, while the unemployment rate decreased to 4.6%, according to the Bureau of … Continue reading

December 1, 2016

Preparing for Surprise Closing Costs

By David Reiss

The Wall Street Journal quoted me in Buying a Home? Prepare for Surprise Closing Costs. It opens, Note to house hunters on a budget: A home’s sale price isn’t really the sale price—there are lots of closing costs and expenses that … Continue reading