The Lede

Washington Post, Sept. 26, 2019--Kathy OrtonVolatility of mortgage rates this month has caused plenty of angst for home buyers and owners wanting to refinance. But this week's retreat comes as welcome news. (MBA mention)

HousingWire, Sept. 26, 2019--Kelsey RamirezMultifamily continues to soar, rising to an all-time high in 2018 in terms of dollar volume, according the Mortgage Bankers Association's annual report of the multifamily lending market.

American Banker, Sept. 26, 2019--Neil Haggerty (subscription)A House hearing on the future of regulating debt collectors showcased a sharp divide between Democrats and Republicans over a pending proposal by the Consumer Financial Protection Bureau.

DS News, Sept. 26, 2019--Radhika OjhaExplaining the basis of mPower (MBA Promoting Opportunities for Women to Extend their Reach) a networking group for female mortgage professionals, Lisa J. Haynes, SVP, CFO, and Chief Diversity & Inclusion Officer, Mortgage Bankers Association said that the group is meant to create a safe environment "where women professionals can feel comfortable sharing their honest experiences alongside their colleagues."

HousingWire, Sept. 26, 2019--Ben LaneDitech Holding is one giant step closer to selling off its forward and reverse mortgage businesses after a federal bankruptcy court judge approved the company's plan to sell to New Residential Investment and Mortgage Assets Management.

Wall Street Journal, Sept. 26, 2019--Janet Adamy, Paul Overberg (subscription)Large U.S. cities lost tens of thousands of millennial and younger Gen X residents last year, according to Census figures released Thursday that offer fresh signs of cooling urban growth.

Riverside Press-Enterprise (Calif.), Sept. 26, 2019--Jeff LazersonLenders are choking on the largely human expenses to fund and book new mortgages. Twenty percent of lenders are using BOTS (robotic process automation) for various loan production processes, and 50% are already seeing a positive ROI (return on investment), according to STRATMOR research. (MBA mention)

Reuters, Sept. 26, 2019--Lucia MutikaniU.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that is being stalked by financial market fears of a recession.

National Mortgage News, Sept. 26, 2019--Bonnie Sinnock (subscription)The Federal Housing Administration should more closely monitor reverse mortgage servicers and track related data that would shed light on a rise in defaults, according to a Government Accountability Office report.

MISMO seeks nominations for qualified industry professionals to serve on MISMO's Standards Governance Committees for a two-year term beginning in January. Positions are available on both the Residential and Commercial Standards Governance Committees. The nomination period ends today, Sept. 27.