The Lede

Wall Street Journal, July 9, 2019--Nick Timiraos (subscription)President Trump's relentless public criticism of the man he picked to run the Federal Reserve, Jerome Powell, isn't broadly shared by lawmakers who confirmed the central bank leader to his post last year.

Wall Street Journal, July 9, 2019--Daniel Kruger (subscription)The yield on short-term Treasurys has been higher than on long-term notes for more than 30 consecutive trading sessions, a sign that investors are concerned about the durability of the decadelong economic expansion.

National Mortgage Professional, July 9, 2019--Phil HallMost aspiring homeowners are willing to take on a side job and cut back on their living expenses in order to achieve their property goals, according to a new survey from Wells Fargo.

National Mortgage News, July 9, 2019--Brad Finkelstein (subscription)After the government-sponsored enterprise patch expires, "near prime" loans over the 43% debt-to-income ratio should be qualified mortgages if they have compensating factors, according to a new Center for Responsible Lending report.

HousingWire, July 9, 2019--Alcynna LloydThe U.S. median listing price reached its annual peak earlier than expected thanks to a mismatch of available inventory and buyer demand. This discrepancy has led the company to warn of an impending market shift that could affect homebuyers well into next year.

HousingWire, July 9, 2019--Jessica GuerinThe Urban Institute recently released a study asserting that fast prepayments as a result of churning is driving up rates on all government mortgages by seven basis points, or 0.07%.

American Banker, July 9, 2019--Hannah Lang (subscription)Recent expectations have grown that the Trump administration may prepare aggressive action to end the conservatorships of Fannie Mae and Freddie Mac, but some mortgage policy observers are speculating that a much-anticipated Treasury Department report on housing finance reform plans could be short on details.

American Banker, July 9, 2019--Jon Prior (subscription)The Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp. and the Federal Reserve finalized a plan Tuesday to ease certain capital rules but are taking more time on a part of the proposal tied to commercial real estate lending.

Reuters, July 9, 2019--Lucia MutikaniU.S. job openings fell in May, pulled down by declines in the construction and transportation industries, potentially flagging a slowdown in employment growth in the months ahead.