Subprime, Alt-A Delinquencies Piling Up Given the inevitable losses on the Alt-A/subprime portion of their portfolio, it must be the case that if the federal government, as it is doing, guarantees Fannie and Freddie’s solvency, the difference between the loss and the capital to be made up by the government (i.e.,
New York AG to SCOTUS: Uphold disparate impact in housing New York AG to SCOTUS: Uphold disparate impact in housing Posted on January 21, 2015 | Leave a comment This week the Supreme Court of the United States is hearing the case of Texas Dept. of Housing vs. inclusive communities project , and while many in the industry welcome the expected.
Here’s a breakdown of where she stands on important issues for the next attorney general. Lynch’s Views on Voter ID Lynch, who is the U.S. attorney for the Eastern District of New York. use of.
New York Attorney General Eric T. Schneiderman says he supports upholding disparate impact in the interpretation of the federal fair housing act. Last year, he led a coalition of 16 other states.
Bank of America dissolves Merrill Lynch unit KBRA: High compliance costs will drive commercial lenders from mortgage space S&P revises shadow inventory timeline upward, again FDIC Warns Banks on HELOC Freezes, REO Management BankersOnline is a free service made possible by the generous support of our advertisers and sponsors.Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals.The impressive results were supported by the launch of the acclaimed 2014 Forester and a new-segment entry; XV Crosstrek, a small SUV. This impressive sales pace has continued in 2014 with the introduction of the 2015 Outback SUV and Legacy sedan, causing Subaru to revise upward its 2014 sales forecast, beyond its initial record-setting target.Home mortgage originations and delinquency rates improved in 2015, but they could be impacted by an imminent interest rate hike, even though banks have gradually loosened residential mortgage standards. Homebuilders are building more units for rent , as rental demand and rental values have been strong and homebuilders look to grow and diversify.Bank of America (NYSE:BAC) will dissolve its subsidiary Merrill Lynch & Co. as early as the fourth quarter, according to a filing from August 2. Bank of America will assume all of Merrill Lynch.
The Supreme Court. attorney general at the time. Iqbal says policies formulated by Ashcroft and Mueller singled him out as a suspect of "high interest" solely because of his nationality and.
New York AG to SCOTUS: Uphold disparate impact in housing The Supreme Court of the United States is hearing the case of Texas Dept. of Housing vs. Inclusive Communities Project, and while many in the industry welcome the expected rejection of disparate impact theory in housing, others oppose overturning its use.
June 25, 2015 – Today, the Supreme Court ruled to uphold the use of disparate impact as a legal argument in fair housing cases. We commend the Court for this decision; disparate impact has long been an important tool to fight indirect forms of discrimination so that all people in America have equal access to good housing and neighborhoods.
New York AG to SCOTUS: Uphold disparate impact in housing Posted on January 21, 2015 | Leave a comment This week the Supreme Court of the United States is hearing the case of Texas Dept. of Housing vs. Inclusive Communities Project , and while many in the industry welcome the expected rejection of disparate impact theory in housing, others.
Move lawsuit against Zillow clears contempt hurdle with settlement Nonfarm payrolls added 54,000 jobs in May CONSENSUS EXPECTS ANOTHER WEAK JOB'S. – Pragmatic Capitalism – "Nonfarm employment sorely disappointed in May with only 54,000 jobs added following an average of 220,000 job gains in the previous three months. While nonfarm payrolls registered a lessthan-expected increase, much of the pullback was likely due to technical factors such as weather and the Japanese earthquake.Later on Friday, however, Argentina’s economy ministry issued a statement accusing Griesa of "clear partiality. but the lawsuit could only move forward if the united states submitted voluntarily to.
Disparate Impact upheld by Supreme Court "Bolstered by this important ruling, the Department of Justice will continue to vigorously enforce the Fair Housing Act with every tool at its disposal — including challenges based on unfair and unacceptable discriminatory effects," — Attorney General Loretta Lynch