December 2, 2015
A Different Approach to Homelessness
The Christian Science Monitor quoted me in In One California Community, a Different Approach to Homelessness. It reads, in part, On a sunny morning in the beachfront community of Pacific Palisades, Steven “Boston” Michaud perches confidently on a large dock tie … Continue reading
December 2, 2015 in Uncategorized | Permalink | No Comments
November 26, 2015
Thanks
A poem, by Garrison Keillor: I am thankful for ATM machines For the smell of coffee beans For the dishwasher and for the GPS Thought up by the Pentagon, a great success That makes it unnecessary for us men To … Continue reading
November 26, 2015 in Uncategorized | Permalink | No Comments
November 25, 2015
Wednesday’s Academic Roundup
Demand and Supply of Mortgage Credit, Alex van de Minne & Federica Teppa, De Nederlandsche Bank Working Paper No. 486. How Auctions Amplify House-Price Fluctuations, Alina Arefeva. Low-Income Housing Policy, Robert A. Collinson, Ingrid Gould Ellen & Jens Ludwig, Kreisman … Continue reading
November 25, 2015 in Uncategorized | Permalink | No Comments
November 23, 2015
Monday’s Adjudication Roundup
The Second Circuit did not revive $1.2 billion suit against Quicken Loans for due to a statute of limitations issue. Deutsche Bank alleged that Quicken loans breached its contract in transfer of a “shoddy” mortgage portfolio. JPMorgan settled mortgage delay … Continue reading
November 23, 2015 in Uncategorized | Permalink | No Comments
November 10, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Federal Housing Finance Agency has released for public comment its proposed information collection National Survey of Existing Mortgage Borrowers which would survey first time mortgage borrowers purchasing single family homes. The survey will collect information on the mortgaged property and … Continue reading
November 10, 2015 in Uncategorized | Permalink | No Comments
November 9, 2015
Monday’s Adjudication Roundup
The US Supreme Court denied cert without comment in class action against McGraw-Hill Cos. for false statements made by its S&P rating agency about mortgage-backed securities. The finding from the judge stands that S&P’s ratings were “mere commercial puffery.” The … Continue reading
November 9, 2015 in Uncategorized | Permalink | No Comments
October 30, 2015
Friday’s Government Reports
The U.S. Census Bureau/HUD has released the New Residential Construction Statistics which show new building permits down slightly since August but 4.5% higher than Sept. 2014. Housing completions are up both month over month and year to year. The New York … Continue reading
October 30, 2015 in Uncategorized | Permalink | No Comments
