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
October 27, 2015
Tuesday’s Regulatory & Legislative Round-Up
The Department of Housing and Urban Development has proposed a new rule, Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices Under the Fair Housing Act. HUD seeks to clarify the standards for use in investigating … Continue reading
October 27, 2015 in Uncategorized | Permalink | No Comments
October 19, 2015
Kickbacks in Residential Transactions
The Consumer Financial Protection Bureau has issued Compliance Bulletin 2015-05, RESPA Compliance and Marketing Servicing Agreements. The Bulletin opens, The Consumer Financial Protection Bureau (CFPB or the Bureau) issues this compliance bulletin to remind participants in the mortgage industry of … Continue reading
October 19, 2015 in Uncategorized | Permalink | No Comments
October 12, 2015
Columbus Day
“One of the greatest discoveries a man makes, one of his greatest surprises, is to find he can do what he was afraid he couldn’t.” – Henry Ford
October 12, 2015 in Uncategorized | Permalink | No Comments
September 24, 2015
Thursday’s Advocacy & Think Tank Round-up
A joint study by Enterprise Community Partners and the Harvard Joint Center for Housing Studies, Projecting Trends in Severely Cost Burdened Renters: 2015 – 2025 predicted that, in the coming decade, little would change with respect to 1 in 4 renters … Continue reading
September 24, 2015 in Uncategorized | Permalink | No Comments
