Associate Dean Timothy Canova was quoted by the Sacramento Bee in an article entitled, “Rescue Bill Won’t Curb Region’s Foreclosures, Experts Say.” Dean Canova expressed skepticism about the long-term effectiveness of the Wall Street rescue bill recently signed into law, “If you don’t firm up the bottom of the housing market, the bottom of the
Professor Kurt Eggert was quoted in an article in Orange County Register, entitled “Bailout Dead. O.C. Reacts to What’s Next.” In the article, Orange County professors and professionals shared their opinion as to what will happen as the result of the House rejection of the federal bailout proposal. “The bailout would have done too little,
Professor Kurt Eggert was quoted by the Washington Post in an article entitled, “The Crisis and Your Pocketbook.” In response to the question of whether lenders will hold on to foreclosures they own as they wait for the federal government’s bailout, Professor Eggert stated, “The government’s plan aside, it’s generally not in the lender’s interest
Professor Kurt Eggert was quoted in an article on CNN/Money.com, entitled “What About My Mortgage?” The article discusses the difficulties the government faces in helping struggling homeowners obtain affordable loans during the current financial crisis. Following the success of the government-led loan modifications in response to the failure of IndyMac, Professor Eggert stated, “IndyMac is really
Professor Kurt Eggert was quoted in an article in CNN/Money.com, entitled “What Rescue Means for Mortgage Rates,” discussing the impact of the federal takeover of Fannie Mae and Freddie Mac. In the article, Professor Eggert expressed skepticism about the long-term effect of the federal bailout, “If I were an investor, I’m not sure this would be
Professor Danny Bogart’s casebook California Real Estate Finance (Carolina Academic Press) has been published and is now in print.
Professor Kurt Eggert was quoted in an article in CNN/Money.com, entitled “Fed in tug of war over mortgage rules, ” where he addressed the direction the Federal Reserve Board would turn in its forthcoming subprime regulations.” Read article…
Associate Dean Tim Canova was featured in the Orange County Register’s Mortgage Insider, in a piece entitled “Did the agencies rating mortgage bonds let greed trump common sense?” Dean Canova was quizzed about the agencies and their role in the housing boom and its subsequent collapse. In the wide ranging interview, Dean Canova tackled some
Professor Kurt Eggert was quoted in the Los Angeles Times, in a story entitled “In mortgage market, ‘walkaway’ homeowners may be urban myth,” which discussed whether homeowners are walking away from their mortgages . Excerpt: “So many of the loans made were irresponsible — for the borrowers and for the lenders,” said Kurt Eggert, an
Professor Danny Bogart was elected as a Fellow of the American College of Real Estate Lawyers (ACREL), the premier organization for real estate and property law lawyers in the United States. ACREL produces CLE papers and events as well as position papers on lawyer ethics and practice. For more information about the organization, see www.acrel.org.