The Lede
Top National News
1 Million-Plus More Homeowners Can Benefit from Refi Post-Brexit
CNBC, Aug. 1, 2016--Olick, Diana
Drop in mortgage rates have borrowers rushing back to the bank.
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Brexit Credited With New Refi Boom
National Mortgage Professional, Aug. 1, 2016--Hall, Phil
Brexit spurs new interest in "safe" U.S. Treasury bonds.
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Jobs Growth Fuels an Already Hot Philly Area Apartment Market
Philadelphia Enquirer, Aug. 1, 2016--Heavens, Alan J.
More than 60,000 new jobs spur household formation.
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U.S. Mortgage Rates Fall to Lowest on Record
Bloomberg, Aug. 1, 2016--Boesler, Matthew
Average 30-year fixed rate falls to 3.36 percent, Bankrate said.
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Mortgage Principal Forgiveness Policy Is a Bad Idea
Heritage Foundation, Aug. 1, 2016--Ligon, John
Author says forgiveness gives undue advantage to Fannie Mae, Freddie Mac.
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U.S. Mortgage Insurers Names New Chairman
DS News, Aug. 1, 2016
MGIC CEO Patrick Sinks had served as vice chair.
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How to Restore Humanity to Loss Mitigation
National Mortgage News, Aug. 1, 2016--Smith, Rick
Mortgage servicers should invest in the right technology platform.
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MGIC Commences $350M Debt Offering
National Mortgage News, Aug. 1, 2016--Passy, Jacob
Offering involves senior notes.
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Here’s the Unlikely Key for How Servicers Can Increase Profit
HousingWire, Aug. 1, 2016--Ramirez, Kelsey
J.D. Power says customer experience can raise profits, increase satisfaction.
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These Landlords Are Making a Killing on College Students
Bloomberg, Aug. 1, 2016--Clark, Patrick
Share prices of two student-housing REITs are soaring.
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U.S. Factory Activity Slips; Construction Spending Hits One-Year Low
Reuters, Aug. 1, 2016--Mutikani, Lucia
Reports suggest second quarter economic activity weaker than expected.
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Banks Tightened Lending Standards for Businesses in Second Quarter: Fed Survey
Reuters, Aug. 1, 2016
Lending standards for households little changed, report says.
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KBW: Results are in for How 2Q Mortgage Originations Performed
HousingWire, Aug. 1, 2016--Swanson, Brena
Not bad, but could have been better.
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Housing Recovery Still Working Its Way Back to Normal
National Mortgage News, Aug. 1, 2016--Collins Brian
Census Bureau said home sales at highest rate since before financial crisis.
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Fed Should Raise Rates in ‘Gradual Manner,’ Kaplan Says
Wall Street Journal, Aug. 2, 2016--Raice, Shayndi
Dallas Fed President says GDP figures disappointing.
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Mortgage Rates: The Obtainium Economy
OurBroker.com, Aug. 1, 2016--Miller, Peter
Rates are becoming so cheap some lenders are pretty much giving it away.
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