Remove Definition Remove Legislation Remove Regulations
article thumbnail

Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability

The Stoop (NYU Furman Center)

6 The regulations covering NMSs do not subject them to strong enough prudential regulatory requirements to ensure they can operate in a safe and sound manner even during times of significantly adverse economic and market circumstances. The Report notes, by contrast, that the regulations that apply to banks are designed to do just that.

article thumbnail

Emergency Home Repair Loans: Local Government as Financial Bridge

Community and Economic Development Program of UNC

This doesn’t change the definition of moderate-income—it merely makes higher-income households eligible for the program alongside LMI households. It is reasonable to rely on federal CDBG regulations for guidance because G.S. 4] North Carolina Legislation 1975 , ed. 42 USC 5301(c). Brannon (Chapel Hill, N.C.:

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

After the Storm: Summary Ejectment and Assistance Programs in North Carolina

Community and Economic Development Program of UNC

Post-Helene, there is not a moratorium on summary ejectment proceedings, although activists and at least two legislators have called upon the legislature, the chief justice, and the governor for such action. Statutes regulate where security deposits are held, how they are used by the landlord, and how much the landlord can collect.

Housing 40
article thumbnail

Using Data to Prevent the Loss of Home Equity in New York City

The Stoop (NYU Furman Center)

Key Definitions Our Universe consists of: 1-3 unit residential buildings owned by individuals (excluding LLCs, corporations, and institutions) but; Excludes condominium and cooperative properties in 4+ unit properties, as well as properties in Staten Island, due to data limitations in ACRIS. New York State. ” Press release. link] 21 S.4865

article thumbnail

The GSEs and the Incoming Trump Administration: Part 1 of 2 – Answering Ten Key Questions About Conservatorship Exit

The Stoop (NYU Furman Center)

Will GSE reform, including conservatorship exit, be accomplished through congressional legislation? Question #4: Will GSE reform, including conservatorship exit, be accomplished through congressional legislation? When might we learn what Trump II has actually decided about its position on GSE conservatorship exit? 7] See [link]. [8]

article thumbnail

The Heavy Lift to Implement GSE Reform-Recap-Release: Part 2: Charter-defect Reforms

The Stoop (NYU Furman Center)

Importantly, this series is based on the widely held view that congressional legislation to reform the GSEs will not occur in the foreseeable future and that any significant changes to the GSE structure will thus need to be implemented via “administrative means,” as defined directly below. That portfolio peaked at over $1.5

article thumbnail

How the education sector can safeguard students using generative AI

Open Access Government - Technology News

Definite ‘safety rails’ that describe effective practice could help to dispel anxiety and reduce guilt. The technology is advancing at a pace that regulators struggle to match. Legislation and guidance take time and experience to draft. It’s clear that there’s a significant lack of guidelines for the use of AI in schools.

Education 116