The Lede

HousingWire, Oct. 16, 2018--Caroline BasileAcademy Award-winning actor Geena Davis discussed female representation in media and answered audience questions during her hour-long keynote speech at the Mortgage Bankers Association's mPower luncheon at its annual conference.

National Mortgage News, Oct. 16, 2018--Brad Finkelstein (subscription)While mortgage volume is expected to shrink next year, it should increase during the following two years and beyond as millennials start buying homes, the Mortgage Bankers Association forecasts.

HousingWire, Oct. 16, 2018--Jeremiah JensenThe purchase market is due for a rebound, according to Joel Kan, Mortgage Bankers Association associate VP of industry surveys and forecasts.

National Mortgage News, Oct. 16, 2018--Andy Higginbotham (subscription)Innovation, disruption, change--these words are not generally associated with the mortgage industry. But in a digital age where consumers' expectations are shifting, that needs to change. The industry must provide a faster, less paper-intensive process and give consumers more control.

Reuters, Oct. 16, 2018--Brendan PiersonNomura Holdings Inc. agreed to pay $480 million to resolve civil claims by the U.S. government that it misled investors in marketing residential mortgage-backed securities, U.S. authorities said on Tuesday.

American Banker, Oct. 16, 2018--Joe Adler (subscription)The Consumer Financial Protection Bureau's inspector general has been asked to look into questions over a political appointee at the agency whose racially charged writings from over a decade ago have led to calls for his resignation.

HousingWire, Oct. 16, 2018--Ben LaneBoth Wells Fargo and Bank of America rolled out digital mortgage applications this year, and the megabanks revealed Tuesday at the MBA Annual Convention just how much the programs are already being utilized by mortgage applicants. Hint: A lot.

Washington Post, Oct. 17, 2018--Michele LernerMortgage fraud was so rampant during the height of the housing bubble in the mid-2000s that real estate industry insiders started to refer to some mortgages as "liar's loans." While stricter regulations after the bubble burst and fines on mortgage lenders who knowingly approved fraudulent loans curbed the practice, CoreLogic, a real estate data firm, recently reported an uptick in mortgage fraud.

National Mortgage News, Oct. 16, 2018--Hannah Lang (subscription)The Federal Reserve Board, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. answered 23 questions, including what types of transactions require an appraisal, how to document the validity of an existing appraisal and what information should be contained in an evaluation.

Mortgage Daily, Oct. 16, 2018First Republic Bank reported a 15 percent quarter-over-quarter reduction in its home-lending volume. As the servicing portfolio was reduced, residential assets expanded.

Mortgage Daily, Oct. 16, 2018Annual securitizations were the lowest they've been in three years at Ginnie Mae. Jumbo issuance plunged by a third, but reverse mortgage activity was higher. The government-owned corporation's book of business broke $2 trillion.

Wall Street Journal, Oct. 16, 2018--Kate Davidson (subscription)President Trump reiterated his complaints that the Federal Reserve is raising short-term interest rates too fast, calling the U.S. central bank "my biggest threat," expressing displeasure with Fed Chairman Jerome Powell.

WASHINGTON, D.C.--The Mortgage Bankers Association Political Action Committee (MORPAC) awarded Edgar Bright, CMB, AMP, President of Standard Mortgage Corp., New Orleans, with the 2018 Schumacher-Bolduc Award here at the association's Annual Convention and Expo.

WASHINGTON, D.C.--The Mortgage Bankers Association's Annual Convention & Expo concludes this morning.

WASHINGTON, D.C.--The Mortgage Bankers Association Political Action Committee (MORPAC) awarded Edgar Bright, CMB, AMP, President of Standard Mortgage Corp., New Orleans, with the 2018 Schumacher-Bolduc Award here at the association's Annual Convention and Expo.

WASHINGTON, D.C.--The Mortgage Bankers Association Political Action Committee (MORPAC) awarded Edgar Bright, CMB, AMP, President of Standard Mortgage Corp., New Orleans, with the 2018 Schumacher-Bolduc Award here at the association's Annual Convention and Expo.