The Lede
Top National News
Facebook’s Answer to Silicon Valley Housing Crunch: Build Apartments
Wall Street Journal, July 26, 2016--Brown, Eliot
World's leading social media company becoming an apartment developer.
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As Mortgage Interest Rates Fall to Near-Record Level, Consumers Rush to Take Advantage
Associated Press, July 26, 2016
Tantalizingly close to November 2012 lows.
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The Fed Might Make a Big Mistake This Week
Money Magazine, July 26, 2016--Lim, PaulInflation is Back.
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Freddie Mac Names Winner of First Structured Loan Sale
National Mortgage News, July 26, 2016--Passy, JacobReached a binding commitment with Chimera Investment Corp.
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Barclays Triumphs in Toxic Mortgage Bond Row with U.S. Bank, FHFA
Housing Wire, July 26, 2016--Lane, BenU.S. Bank, FHFA Waited Too Long.
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Fannie Mae: Mortgage Industry Isn’t Even Close to Done with Tech Innovation
Housing Wire, July 26, 2016--Swanson, BrenaCould require a disruptor such as Uber.
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Foreign Investors Buy More Apartment Properties
National Real Estate Investor, July 26, 2016--Anderson, BendixClose to 2015's record.
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The Main Reason Millennials Aren’t Buying Homes
Yahoo! Finance, July 26, 2016
Down payment still the biggest obstacle.
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Deutsche Bank Has Started U.S. Mortgage Settlement Talks
Bloomberg, July 27, 2016--Finch, Gavin
Nears agreement with Justice Department over mortgage-backed securities.
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Republic Bank Expands into Mortgages with Oak Mortgage Acquisition
HousingWire, July 26, 2016--Lane, Ben
Philadelphia-based bank will now offer mortgages.
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Fannie Eases Requirements for HomeReady Program
National Mortgage News, July 26, 2016--Collins, Brian
Relaxed counseling requirements to help additional borrowers qualify.
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Lenders Divided on Uber-Like Mortgage Tech Disruptors
National Mortgage News, July 26, 2016--Passy, Jacob
Sentiment over disruption in mortgage tech space remains divided.
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A Novel Move to Expand Housing in San Francisco
Wall Street Journal, July 26, 2016--Kusisto, Laura
City officials to allow landlords to carve out new apartment spaces.
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