- Danegeld: Wells Fargo agrees to pay $42 million to settle activist groups’ exotic legal claims re: REO property; much will directly go to support the groups [BLT]
- On horrors of San Francisco landlordship, “Pacific Heights” still all too realistic [David Boaz, Cato]
- Problem in Thomas Perez/HUD/St. Paul affair was not that DoJ chose to settle in such a way as to minimize its losses, but that it had pursued such a weak case in the first place [Richard Painter]
- Dean Zarras on HUD v. Westchester [Forbes; our two cents] HUD embraces disparate-impact theory [Kevin Funnell, Arnold Kling]
- Why did the mortgage market collapse? [Foote et al via @tylercowen]
- Shorter Ta-Nehisi Coates: flaws of rent-to-own housing in ’50s Chicago prove US economic arrangements are a plot to immiserate blacks [The Atlantic] Yet Sinclair’s The Jungle, set 40 years before, showed very similar housing scams being played on Slavic newcomers.
- Minnesota high court dodges Fourth Amendment worries re: rental inspection program [Ilya Shapiro, Cato, link fixed now]