The Lede

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Fed Decision Makers Wrestle With So-Called Natural Rate
Wall Street Journal, June 12, 2016--Torry, Harriett Signs point toward the Federal Reserve's "new normal" interest rate being much lower than in the past, which has broad implications for when the Fed should tighten monetary policy, how quickly and how far.
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MBA: Commercial Loans Strong; Few Late-Pays
GlobeSt.com, June 9, 2016--Bubny, Paul The Mortgage Bankers Association's Jamie Woodwell cites "strong fundamentals and strong property prices, as well as still-low interest rates" underpinning commercial mortgages.
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Commercial Property Gets Shakeup From Millennials Who Shun Stuff
Bloomberg, June 9, 2016--Chiglinsky, Katherine  Retail property landlords should counter the threat from e-commerce by turning to dining and entertainment to attract a younger generation of customers, said MetLife Inc.'s asset manager.
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With Economic View Hazy, a Wait-and-See Fed Message Expected
Associated Press, June 13, 2016 A wait-and-see tone is expected when the Federal Reserve issues a statement on Wednesday. The Fed will likely echo the message the Fed Chair Yellen sent in a speech last week: while the U.S. economy looks fundamentally solid and higher rates will come eventually, too many uncertainties exist to say when the Fed might raise rates again.
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A Slimmer Vornado Realty Looks Toward a Final Cut: Washington, D.C.
Wall Street Journal, June 14, 2016--Brown, Eliot  For six years, real-estate giant Vornado Realty Trust has been lopping off chunks of its empire in a bid to slim down from a sprawling property conglomerate to one more svelte and focused. Now it appears to be nearing a final excision: Washington, D.C.
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MBA’s Stevens: Recap and Release is Reckless
National Mortgage Professional, June 14, 2016--Hall, Phil The head of the nation's most prominent mortgage banking trade group is warning that proposals to rebuild the capital reserves of the government-sponsored enterprises and then terminating their federal conservatorship would result in unprecedented damage to the housing finance market.
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Commercial Debt Rises in the First Quarter
Scotsman Guide, June 14, 2016--Whitman, Victor Three of the four major investors in commercial mortgages increased their debt holdings in the first quarter, the Mortgage Bankers Association reported.
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More Evidence Insurers Are Refinancing Loans Out of CMBS Conduits
National Mortgage News, June 14, 2016--Bisbey, Allison There's been plenty of speculation about insurance companies crowding out commercial mortgage bond investors this year. Volatility in capital markets in the first quarter, combined with new and impending regulations, have made it difficult for firms that underwrite loans for sale to securitization conduits to compete with so-called portfolio lenders.
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Energy Downturn Hammers Commercial Real Estate
Houston Chronicle, June 13, 2016--Sarnoff, Nancy  The fate of two prominent commercial real estate deals spotlights the accelerating impact of oil's price collapse across the Houston economy.
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Online Auction Platforms Move Further into Mainstream Sales
National Real Estate Investor, June 15, 2016--Mattson-Teig, Beth Auction companies saw a spike in popularity as lenders worked to clean up the mess from the bursting of the real estate bubble in both residential and commercial real estate.
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Online Retail Gives Industrial REITs a Lift
Wall Street Journal, June 14, 2016--Grant, Peter As online retail has grown, few expected industrial real estate investment trusts to be hurt. But it hasn't been clear how much they would benefit.
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