The Lede

During the second quarter, multifamily mortgage debt outstanding topped $1 trillion for the first time.

MBA NewsLink recently posed questions to Jeffrey Hulett, managing director with KPMG LLP in Tysons Corner, Va. 

The Mortgage Bankers Association, in a survey released last week, illustrated to the Consumer Financial Protection Bureau its continued concerns that a lack of a formal compliance grace period could make the Bureau's TILA/RESPA Integrated Disclosure rule harmful to consumers, lenders and vendors.

Black Knight Financial Services, Jacksonville, Fla., said cash-out mortgage refinancings in August reached their highest level in five years.  

Housingwire, Oct. 2, 2015--Garrison, Trey During the second quarter, multifamily mortgage debt outstanding topped $1 trillion for the first time, according to the Mortgage Bankers Association.

New York Times, Oct. 2, 2015--Carrins, Ann Beginning Saturday, applicants for most home mortgages will receive new forms from their lender that are intended to make it easier to review and compare loan offers. Along with the updated forms, new rules aimed at simplifying the borrowing process for consumers will also take effect.

Washington Post Writers Group, Oct. 2, 2015--Harney, Kenneth R. Americans are tapping into their home equity at a pace not seen since the housing bubble aftermath nearly a decade ago, but here's a key question: Is all this borrowing getting a little too frothy?

HousingWire, Oct. 1, 2015--Garrison, Trey The House Financial Services Committee approved several bipartisan bills they say are designed to potentially protect consumers, reform the Consumer Financial Protection Bureau and cut regulations.

HousingWire, Oct. 1, 2015--Garrison, Trey Just days after the new TILA-RESPA Integrated Disclosure rule goes into effect on Oct. 3, the House will have a vote on a bill that would formalize the Consumer Financial Protection Bureau's hold harmless grace period.

Bloomberg, Oct. 2, 2015--Perlberg, Heather Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis.

New York Times, Oct. 1, 2015--Goldstein, MatthewHousing advocates have attracted a prominent ally in their push to change the federal government's policy of selling distressed mortgages at a discount to private equity firms and hedge funds: Sen. Elizabeth Warren.

Wall Street Journal, Sept. 29, 2015--Light, Joe Mortgage lenders and real-estate agents are bracing for the Oct. 3 implementation of a five-year-old law that has forced them to overhaul the way they process sales. Lenders have spent billions of dollars in technology-system changes and training to get ready for the changeover, said David Stevens, president of the Mortgage Bankers Association.

Reverse Mortgage Daily, Sept. 29, 2015--Oliva, Jason The Consumer Financial Protection Bureau's controversial consumer complaint database could be the agency's undoing if proper oversight is not put into place, says Mortgage Bankers Association (MBA) President and CEO David Stevens.

HousingWire, Sept. 29, 2015--Garrison, Trey The House Financial Services Committee heard the semi-annual report from Richard Cordray, director of the Consumer Financial Protection Bureau, reflecting partisan tensions and impending implementation of several key rules.

Wall Street Journal, Oct. 4, 2015--Davidson, Kate It's a favorite lament of community banks: The 2010 Dodd-Frank law is squeezing small financial firms and crimping access to credit for Main Street, all in the name of protecting the country from another financial crisis. A look at the data shows the reality is more complicated.

24/7 Wall Street, Oct. 5, 2015--Lange, Chris Though real estate investment trusts have been a popular vehicle for investments in the past, they have suffered over the past year. At current levels, Credit Suisse sees mortgage-based REITs as an attractive investment opportunity, based on stabilized book values and earnings outlooks.

HousingWire, Oct. 5, 2015 The Securities and Exchange Commission announced Monday that it charged Home Loan Servicing Solutions for making "material misstatements" about its relationship with Ocwen Financial as well as misstating its net income on several occasions.