REFinBlog

Editor: David Reiss
Cornell Law School

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

November 30, 2016

Wednesday’s Academic Roundup

By Robert Engelke

This paper, titled Transparency in the Mortgage Market, studies the impact of transparency in the mortgage market on the underlying real estate markets. It shows that geographic transparency in the secondary mortgage market, which implies geographic risk based pricing in … Continue reading

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November 30, 2016 in Uncategorized | Permalink | No Comments

November 28, 2016

Monday’s Adjudication Roundup

By Robert Engelke

A New York federal judge on Tuesday ordered Wells Fargo Bank NA to produce documents from a pair of databases in a proposed class action accusing the bank of mishandling residential mortgage-backed securities investments, but denied the investors’ request concerning … Continue reading

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November 28, 2016 in Uncategorized | Permalink | No Comments