REFinBlog

Editor: David Reiss
Cornell Law School

October 24, 2017

Tuesday’s Regulatory & Legislative Roundup

By Jamila Moore

The United States Department of Housing and Urban Development (HUD) and the U.S. Department of Justice partnered together to tackle the issues surrounding the Federal Housing Administration and consumer practice. Consumers, at an alarming rate, are falsely filing claims against … Continue reading

October 23, 2017

Monday’s Adjudication Roundup

By Jamila Moore

Fairbanks aka Select Portfolio Servicing (SPS) pleaded to a California court to dismiss claims against it from a class of citizens. SPS alleged the class of past customers failed to sufficiently plead actual injuries suffered. SPS, owned by Credit Suisse, … Continue reading

October 20, 2017

Friday’s Government Reports Roundup

By Jamila Moore

The Consumer Financial Protection Bureau (CFPB) recently released a report detailing its consumer protection principles. In the report, the CFPB lists their grounds for authorizing “financial data sharing and aggregation.” The agency’s goal is to improve the market by enhancing … Continue reading

October 19, 2017

Thursday’s Advocacy & Think Tank Roundup

By Jamila Moore

Fannie Mae’s, Economic and Strategic Research Group released their October 2017 Economic and Housing Outlook (EHO). According to their study, the hurricanes which hit the Nation’s southern coasts did not negatively impact the economy as anticipated. Though there were decreases … Continue reading

October 18, 2017

Wednesday’s Academic Roundup

By Jamila Moore

Local Logit Regression for Recovery Rate, Gao, Sopitpongstorn, and Silvapulle The Regulation of Mortgage Servicing: Lessons from the Financial, Garcia-Feijoo, McNulty, and Viale The Politics of Foreclosures, Agarwal, Amromin, Ben-David, and Dinc A Shortage of Short Sales: Explaining the Under-Utilization … Continue reading

October 17, 2017

Tuesday’s Regulatory & Legislative Roundup

By Jamila Moore

In a unique display of camaraderie, Philadelphia’s Housing Authority reopened a school  closed by the Philadelphia School District. The city agency bought the school outright. After purchasing the school, the city’s housing agency engaged a renowned non-profit education operator to … Continue reading

October 16, 2017

Monday’s Adjudication Roundup

By Jamila Moore

A potential class of homeowners will not allow the state of Illinois’s Cook County, to escape the consequences of their behavior. Allegedly, Cook County’s treasurer failed to pay refunds granted to a class of homeowners in a prior proceeding. The class … Continue reading