The Lede
Top National News
Why Americans Don’t Trust the Fed
Wall Street Journal, Oct. 16, 2015--Lowenstein, Roger Antipathy to the central bank is a uniquely American tradition. No federal agency, except the Internal Revenue service, is held in lower regard than the Federal Reserve, according to public opinion surveys. The left accuses the Fed of being too cozy with banks; the right says it is planting the seeds of a massive inflation.
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Report: Denver Commercial Real Estate Market ‘In a Groove’
Denver Post, Oct. 16, 2015--Rusch, Emilie Nearly one million square feet of new office space came online during a strong third quarter for the Denver commercial real estate market, according to CBRE.
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Lawsuit Says Manhattan Real Estate Was Used to Launder Money
Wall Street Journal, Oct. 17, 2015--Karmin, Craig; Brown, Eliot
A banker and a former politician from Kazakhstan tried to launder tens of millions of dollars of stolen money through New York real-estate holdings, a civil lawsuit alleges.
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Big Banks to America’s Firms: We Don’t Want Your Cash
Wall Street Journal, Oct. 18, 2015--Chung, Juliet; Krouse, Sarah
Profit-crunching low interest rates have banks judging cash too costly to keep.
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More People Getting Hired, Quitting Their Jobs
U.S. News & World Report, Oct. 16, 2015--Soergel, Andrew
The number of job openings in the U.S. fell at the end of August, as more workers were hired and despite the fact that the number of employees voluntarily leaving their jobs reached a five-month high.
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New Rules Make Mortgage Paperwork Simpler, But Slower
USA Today, Oct. 18, 2015--Huang, Jayue
The days of slogging through four overlapping, complex mortgage disclosure forms are gone. The new Know Before You Owe rules aim to clear up the confusion.
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Real-Estate Tech’s Two-Edged Boom
Wall Street Journal, Oct. 18, 2015--Grant, Peter
There was both good news and bad news last week at an event hosted by Rubicon Venture Capital for the dozens of technology startups trying to muscle into New York's real-estate-services industry.
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Residential Finance News
Commercial/Multifamily News
MBA News
MBA Commercial/Multifamily Technology Officer Roundtable Nov. 4-5
The Mortgage Bankers Association's Commercial/Multifamily Technology Officer Roundtable takes place Nov. 4-5 at MBA headquarters in Washington, D.C.
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MISMO Seeks Nominations for Standards Governance Committee; Deadline Extended to Oct. 30
MISMO seeks qualified nominations for its Standards Governance Committees for two-year terms beginning in January. The nominations deadline has been extended to Friday, Oct. 30.
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Today at the MBA 102nd Annual Convention & Expo
SAN DIEGO--The Mortgage Bankers Association's 102nd Annual Convention & Expo kicks off in earnest this morning with a full slate of activities.
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