The Lede

Top National News

MBA Predicts Mortgage Lending Will Shrink Next Year
HousingWire, Oct. 19, 2015--Swanson, BrenaDuring a press conference at its annual meeting being held right now in San Diego, the MBA said it expects a 10% increase in purchase mortgage originations next year compared to 2015.
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Need a Home Mortgage? Fannie Says Forget the Pay Stubs
Wall Street Journal, Oct. 20, 2015--Light, Joe Collecting pay stubs for a home-mortgage application has been a time-honored tradition, barring a few ill-fated years running up to the financial crisis. But if changes announced by mortgage-finance company Fannie Mae catch on, that process could go the way of the dodo.
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FHA Withdraws Proposal on Claim-Filing Deadlines
National Mortgage News, Oct. 20, 2015--Berry, Kate Mortgage servicers have gotten a rare reprieve from the Federal Housing Administration.
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Regulatory Risk Game Changer for Industry: Black Knight CEO
National Mortgage News, Oct. 19, 2015--Finkelstein, Brad The big game changer in the mortgage industry is the "unquantifiable and increasing regulatory risk," said Tom Sanzone, Black Knight Financial Services' CEO at a press conference Monday at the MBA's Annual Convention in San Diego.
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GSE Leadership No Longer Expecting Reform
HousingWire, Oct. 19, 2015--Garrison, Trey The government-sponsored enterprises are getting back to their core mission, shaking the idea that a resolution to conservatorship is just around the corner and reshaping their business models to reduce risk to taxpayers while expanding access to credit. That was the message from Timothy Mayopoulos, president and CEO Fannie Mae and Donald Layton, CEO of Freddie Mac.
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Demand for Rental Apartments Boosts U.S. Housing
Reuters, Oct. 20, 2015--Mutikani, Lucia U.S. housing starts rose solidly in September on soaring demand for rental apartments, a sign that the housing market continues to steadily improve even as economic growth has slowed.
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Blackstone Nears $5.3 Billion Real Estate Deal For Stuyvesant
ValueWalk.com, Oct. 20, 2015--Byrne, Brendan The world's largest alternate investment group is nearing a deal for a collection of over 11,000 apartments on Manhattan's east side.
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Residential Finance News

Commercial/Multifamily News

MBA News

Tomorrow at the MBA 102nd Annual Convention & Expo
SAN DIEGO--The Mortgage Bankers Association's 102nd Annual Convention & Expo concludes tomorrow with several sessions of interest. 
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MBA Education Recognizes 17 New Certified Mortgage Bankers
SAN DIEGO--MBA Education, the education division of the Mortgage Bankers Association, recognized 17 individuals who earned the Certified Mortgage Banker designation at a ceremony here at the MBA 102nd Annual Convention & Expo. 
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MBA Honors Arrigoni with Woodward Distinguished Service Award
SAN DIEGO--The Mortgage Bankers Association honored Dan Arrigoni, former president of U.S. Bank Home Mortgage, with its Andrew D. Woodward Distinguished Service Award.
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