The Lede

National Mortgage Professional, Nov. 17, 2015--Hall, Phil The National Delinquency Survey from the Mortgage Bankers Association found the delinquency rate for mortgage loans on one- to-four-unit residential properties fell to a seasonally adjusted rate of 4.99 percent of all loans outstanding at the end of the third quarter, which is the lowest level since first quarter 2007.

HousingWire, Nov. 17, 2015--Lane, Ben While some industry observers are saying now is not the time for the Federal Housing Administration to cut its mortgage insurance premiums again despite FHA saying Monday that it reached its mandated capital reserve threshold, a new report from Barclays suggests that the FHA's latest actuarial report actually increases the likelihood of a further cut to the FHA's premiums. David Stevens, CMB, president and CEO of the Mortgage Bankers Association, said now isn't the time for another rate cut, saying it would be better to wait until the MMI Fund builds up even more capital.

Reuters, Nov. 17, 2015--Aubin, Dena A federal judge ruled that Bank of America and Nationstar must face breach-of-contract claims for allegedly reneging on promised loan modifications to hundreds of Pennsylvania borrowers whose mortgages they serviced.

Wall Street Journal, Nov. 17, 2015--Lahart, Justin Prices of goods and services are taking divergent paths. So, too, are the fortunes of many companies.

Bloomberg, Nov. 17, 2015--Smialek, Jeanna The Federal Reserve will release minutes from the Federal Open Market Committee's Oct. 27-28 meeting Wednesday.

Bloomberg, Nov. 17, 2015--Fox, Justin We don't move as often as we used to. The percentage of U.S. residents who changed addresses in the previous year has been on a long, mostly steady decline.

Reuters, Nov. 17, 2015--Dunsmuir, Lindsay U.S. industrial production fell for the second straight month in October, the Federal Reserve said on Tuesday, raising concerns for the robustness of fourth-quarter economic growth.

Wall Street Journal, Nov. 17, 2015--Viswanatha, Aruna; Barrett, Devlin; Matthews, Christopher Federal prosecutors are actively pursuing criminal cases against executives from Royal Bank of Scotland Group PLC and JPMorgan Chase & Co. for allegedly selling flawed mortgage securities, people familiar with the probes said, as the clock ticks down for bringing cases from the 2008 financial crisis.

The Hill, Nov. 17, 2015--Wheeler, Lydia The House is expected to vote Wednesday on the Portfolio Lending & Mortgage Access Act, a bill introduced by Rep. Andy Barr (R-Ky.) that the Center for Responsible Lending (CRL) says would weaken federal rules that took effect last year to ensure a borrower's ability to repay a loan.

OC Register (Calif.), Nov. 17, 2015--Roosevelt, Margot Congress this week slashed the annual pay of the chief executive officers of mortgage giants Fannie Mae and Freddie Mac from $4 million to $600,000 in a bill it sent to President Barack Obama.

Wall Street Journal, Nov. 17, 2015--Glazer, Emily; Armental, Maria Timothy Sloan was promoted to president and chief operating officer of Wells Fargo & Co. on Tuesday, putting the longtime executive in line to take over the world's biggest bank by market capitalization.

DS News, Nov. 17, 2015--Honea, Brian Borrower outreach events include HUD-approved housing counselors and mortgage servicers in order to give distressed borrowers a face-to-face meeting to work out a solution such as a permanent loan modification that will allow borrowers to remain in their homes.

The Mortgage Bankers Association presents Know Before You Owe: Where Are We Now, a webinar in its popular Compliance Essentials Series, today, Nov. 18. 

The Mortgage Bankers Association announces a Call for Speakers for its upcoming Condominium Finance Workshop: Challenges and Opportunities in Condo Lending. Submission deadline is Friday, Dec. 18.