What We Know About Financial Bubbles

Wall Street Journal, Sept. 22, 2017–Jon Hilsenrath (subscription)Here’s a surprising idea: Bubbles aren’t necessarily bad things.

Sorting Out the Mortgage After a Divorce

UExpress, Sept. 22, 2017–Lew SichelmanDivorce is never easy. And when real estate is involved, it can get downright exhausting.

Refi Mortgage Market Share Could Plummet to 1990 Low, Freddie Warns

National Mortgage News, Sept. 22, 2017–Bonnie Sinnock (subscription)The share of origination volume that comes from refinancing keeps coming in higher than expected, but a Freddie Mac forecast suggests it could really run out of steam next year.

Mortgage Firms Keep Up With Mobile Adoption

Mortgage Daily, Sept. 22, 2017–Sam GarciaAs more data emerges confirming the continued adoption of mobile technology in financial services, home lenders and service providers are capitalizing on the trend.

Leveraged Loans Are Back and on Pace to Top Pre-Financial Crisis Records

Wall Street Journal, Sept. 24, 2017–Christopher Whittal (subscription)Lending to the most highly indebted companies in the U.S. and Europe is surging, a development that investors worry could pressure financial markets if the global economic expansion starts to fade.

Bankers on High Alert for Liquidity Risk as 3Q Draws to Close

National Mortgage News, Sept. 22, 2017–Andy Peters (subscription)The first signs of a possible liquidity tightening surfaced last quarter. If they continue when banks report third-quarter results in a few weeks, lenders may have to swing into action to ensure they have adequate funding to sustain their growing efforts in consumer lending and as they await a pickup in commercial lending.

Are You Ready for the GSEs’ New UCD Mandate?

HousingWire, Sept. 22, 2017–David ParkerFannie Mae and Freddie Mac’s Uniform Closing Dataset requirement deadline of Sept. 25 is mere days away.

Bankruptcy Ruling Benefits Foreclosing Parties

Mortgage Daily, Sept. 22, 2017–Laura N. Coughlin, T. Robert FinlayThe 9th Circuit Court of Appeals has barred claims due to the borrower’s failure to amend include the claims in their bankruptcy schedules.

Mortgage Rates Resume Climb After Nearly Two-Month Descent

Washington Post, Sept. 21, 2017–Kathy OrtonAccording to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average increased to 3.83 percent with an average 0.5 point. (MBA mention)