The Lede

Bloomberg, Oct. 15, 2015 Deepak Narula, founder of Metacapital Management, discusses the state of Fannie Mae and Freddie Mac and why this is the time to wind down the programs.

Pittsburgh Post-Gazette, Oct. 15, 2015--Editorial Board New mortgage regulations promise greater transparency in what consumers pay for a home loan. This editorial says one change may let some people acquire mortgages with payments they may not be able to afford in a few years.

Washington Post, Oct. 15, 2015--Orton, Kathy Mortgage rates wandered higher this week, according to the latest data released Thursday by Freddie Mac. But they soon may be headed back down again. Meanwhile, the new mortgage disclosure rules caused applications to nosedive this week, according to the latest data from the Mortgage Bankers Association.

National Mortgage News, Oct. 15, 2015--Collins, Brian As Bill Cosgrove's time as chairman of the Mortgage Bankers Association comes to a close, the experience has shown him how crucial it is for fellow CEOs to get outside the four walls of their companies and be more active in Washington and in their state capitals.

American Banker, Oct. 15, 2015--Witkowski, Rachel The Consumer Financial Protection Bureau finalized a rule Thursday that requires lenders to collect more information from borrowers as part of mortgage disclosures.

Washington Post, Oct. 15, 2015--McLean, Bethany The author of Shaky Ground: the Strange Saga of the Mortgage Giants said Fannie Mae and Freddie Mac agglomerated too much power before going bust, but simply getting rid of them is not practical.

Wall Street Journal, Oct. 15, 2015--Rexrode, Christina; Rudegeair, Peter Citigroup Inc. turned in better-than-expected third-quarter profits, despite an industrywide drop in bond trading and concerns about its international business.

HousingWire, Oct. 15, 2015--Garrison, Trey Goldman Sachs Group reported net revenues of $6.86 billion and net earnings of $1.43 billion for the third quarter ended September 30, missing expectations.

National Mortgage Professional, Oct. 15, 2015--Hall, Phil There was one major nasty surprise, one big non-surprise and one nice mid-sized surprise awaiting mortgage professionals in today's data reports.

Bloomberg, Oct. 15, 2015--Jamrisko, Michelle All but one of 55 economists surveyed by Bloomberg last week are convinced the Federal Reserve is too spooked to increase the benchmark interest rate at their Oct. 27-28 gathering. So what hurdles must the U.S. economy surmount over the next two months in order for policy makers to justify a rate hike at the following meeting in December?

Reuters, Oct. 15, 2015--Mutikani, Lucia U.S. consumer prices recorded their biggest drop in eight months in September as the cost of gasoline fell, but a steady pick-up in underlying price pressures should allay fears that a disinflationary trend was reasserting itself.

MarketWatch, Oct. 16, 2015--Goldstein, Daniel Mortgage lending levels are beginning to recover from the real estate crash of the Great Recession, few outside the government want to buy it. "Many investors don't believe there is enough protection to make it worthwhile to invest in mortgage-backed securities," David Stevens, president and CEO of the Mortgage Bankers Association.

National Mortgage Professional, Oct. 15, 2015--Hall, Phil The Consumer Financial Protection Bureau finalized its rule to update Regulation C reporting requirements of the Home Mortgage Disclosure Act. MBA President and CEO David Stevens said the new data collection requirements must take into account consumer data security and privacy.

MBA Education presents a webinar, Title Insurance for Residential and Commercial Lending, on Thursday, Oct. 22 from 2:00-3:30 p.m. ET. 

Vantage Production LLC, Red Bank, N.J., provides advanced CRM systems, compliant automated marketing and sales solutions, compelling content for the mortgage industry and professional development programs. 

Ellie Mae, Actualize Consulting and eLynx have received MISMO certification for their Encompass, TRIDenTool and Expedite software products, respectively.