The Lede

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Refinance Reboot Pushes Mortgage Applications Up 2.7%
CNBC, Apr. 6, 2016--Olick, Diana A sharp drop in mortgage rates was enough to spark a refinance rebound, but it did little to spur homebuyers in a spring market plagued by very tight supply.
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MetLife’s Shedding Of ‘Too Big To Fail’ Designation Could Boost Commercial Real Estate Lending
Forbes, Apr. 6, 2016--Razin, Ely We can reasonably expect MetLife's commercial real estate lending to increase in the medium-to-long term by reducing the government-imposed capital requirements required of systemically important financial institutions.
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Wall Street Has Been Helping the Federal Reserve–But That May Not Last
Washington Post, Apr. 6, 2016--Mui, Ylan The Federal Reserve has consistently been overly optimistic about the momentum of the U.S. economy following the worst recession in generations. But now, some officials are worried that Wall Street has become too glum.
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Survey Shocker: Nearly Every Credit Union Suffers TRID Mortgage Closing Delays
Housing Wire, Apr. 6, 2016--Barraza, Cynthia  After the Consumer Financial Protection Bureau finalized the TILA-RESPA Integrated Disclosure in Oct. 3, 2015, credit unions reportedly began experiencing delays closing home loans, according to data compiled from research firm Callahan & Assocs.
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Fed Debated April Rate Hike but Caution Reigned Due to Global Fears: Minutes
Reuters, Apr. 6, 2016--Lange, Jason; Dunsmuir, Lindsay Federal Reserve policymakers debated last month whether an interest rate hike would be needed in April though a consensus emerged that risks from a global economic slowdown warranted a cautious approach.
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What Happens When a Homeowner Dies Before the Mortgage Is Paid?
Wall Street Journal, Apr. 6, 2016--Martin, Anya When home buyers go to the closing, it's unlikely they're thinking about what happens if they die before their mortgage gets paid off.
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Many Couples Pay More When Both of Them Apply for a Mortgage
Washington Post, Apr. 6, 2016--Harney, Kenneth R. When you and a spouse or partner apply together for a mortgage, could you be leaving money on the table by paying too high an interest rate because of a poorly understood lending practice? New research from the Federal Reserve suggests the answer could be a costly yes.
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As Homebuyers Go Mobile, Lenders Try to Play Catch-Up
National Mortgage News, Apr. 6, 2016--Wisniewski, Mary USAA Federal Savings Bank began sending customers links to personalized video scripts last year, which greet applicants by name and feature specialized home-loan estimates in an attempt to bring the product to life and "explain the ins and outs" of the process, said Mark Burrage, director of real estate lending and product management, at the MBA National Technology in Mortgage Banking Conference and Expo.
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Landmark PHH Court Battle Against CFPB About to Begin
HousingWire, Apr. 6, 2016--Swanson, Brena PHH's battle with the Consumer Financial Protection Bureau is about to head to the courtroom in what is one of the first cases of a business successfully challenging the bureau. The mortgage lender fought back against the leadership at the CFPB, saying the bureau overstepped its authority when it imposed a penalty on PHH.
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Biggest Banks to Face Tougher Debt Limits to End Too-Big-to Fail
Bloomberg, Apr. 6, 2016--Glover, John Global regulators are considering how to raise capital requirements for the world's biggest banks as they implement tougher debt-financing limits designed to rein in too-big-to fail lenders.
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Housing Rights Protestors Shut Down FHFA Director Watt’s Lecture at Harvard
HousingWire.com, Apr. 6, 2016--Lane, Ben A group of "anti-foreclosure" protestors disrupted a lecture given by Federal Housing Finance Agency Director Mel Watt at Harvard Law School, eventually leading to the event being prematurely canceled amid security concerns.
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