The Lede

Washington Post, June 7, 2016--Sen, Conor The biggest business story over the next five years will be a capacity-constrained U.S. economy where the housing sector is taking "inputs," like labor and capital, from all other sectors. Housing is set to eat the U.S. economy.

Scotsman Guide, June 7, 2016--Whitman, Victor Delinquency rates for commercial loans  held steady at low levels in the first quarter, while the number of troubled loans held in the much-watched category of commercial mortgage-backed securities fell steeply, the Mortgage Bankers Association reported.

MarketWatch, June 7, 2016--Reeves, Jeff The reality is that expectations about rate hikes have been too aggressive. Like clockwork, policymakers and pundits predict higher rates in the medium-term--and they are always proven wrong.

Urban Institute, June 7, 2016--Lopez, Rodrigo; Still, Debra The authors--Lopez, chairman of the Mortgage Bankers Association; and Still, a past MBA chair--said MBA and its members believe that housing finance reform must address and support affordable rental housing, broad access to credit for qualified borrowers, and a commitment to supporting underserved markets.

HousingWire, June 7, 2016--Swanson, Brena The Mortgage Bankers Association's Quarterly Mortgage Bankers Performance report stated that independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $825 on each loan they originated in the first quarter.

CNBC, June 7, 2016--Olick, Diana "Lite Doc." That is what Quontic Bank, an FDIC-insured community lender in New York City is calling its product. It requires only verification of employment and two months worth of bank statements.

Bloomberg, June 7, 2016--Gopal, Prashant PulteGroup Inc. said Elliott Management Corp. has taken a stake in the homebuilder, which has faced criticism from its biggest investor.

Multi-Housing News, June 7, 2016--Fiorilla, Paul The author, with Yardi Matrix, said while it appears that the rapid expansion in commercial real estate could be exhausted and the market is likely to see a pause in the run of pricing and deal flow, it's also hard to see what would cause the kind of deep meltdown we experienced in the last cycle.

Wall Street Journal, June 7, 2016--Fung, Esther Mapping functions for parking, mall navigation are among the digital offerings.

HousingWire, June 7, 2016--Lane, Ben The proposal from House Financial Serivces Committee Chairman Jeb Hensarling, R-Texas, includes ending "too big to fail" and calls for a dramatic overhaul of the Consumer Financial Protection Bureau.

HousingWire, June 7, 2016--Swanson, Brena Appraisal volume tumbled 13.2% for the week of May 29 given the Memorial Day Weekend. Despite the decline, this is less than the average drop for the holiday week of 15.8% since 2007, the latest National Appraisal Volume Index from a la mode found.

Reuters, June 7, 2016--Mutikani, Lucia The Labor Department said on Tuesday productivity, which measures hourly output per worker, contracted at an annualized rate of 0.6 percent, instead of the 1.0 percent pace the government reported last month.

HousingWire, June 7, 2016--Ramirez, Kelsey LERETA, a national real estate tax services and flood services provider, acquired American Property Guard, a company based in Dallas which offers tax certificates and homeowner's association reports to the title industry.

Wall Street Journal, June 7, 2016--Talley, Ian The global economy is increasingly vulnerable to a sharp slowdown as troubles in emerging markets mount and as advanced economies struggle to grow, the World Bank warned Tuesday.

National Mortgage News, June 7, 2016--Sinnock, Bonnie With the Consumer Financial Protection Bureau expected to clarify its TILA-RESPA integrated disclosure rules in July, one question that lenders, due diligence firms and investors look to have answered is how to remain compliant when unexpected changes come up right before a closing.

National Mortgage News, June 7, 2016--Passy, Jacob The second mortgage is on its way back, and some lenders could have an advantage in the competition for the piggyback loan business.

MBA Education Presents a webinar, Close More Loans...Faster This Thursday, June 9, from 2:00--3:30 p.m. ET.