The Lede

National Mortgage Professional, Apr. 12, 2016--Hall, Phil Last year was profitable for independent mortgage banks and the mortgage subsidiaries of chartered banks, according to new data from the Mortgage Bankers Association.

National Mortgage Professional, Apr. 12, 2016 ComplianceEase named former Mortgage Bankers Association David Kittle, CMB, as senior vice president of Government and Industry Relations.

HousingWire, Apr. 12, 2016--Lane, Ben According to an article published Tuesday by the New York Times, a series of now-unsealed depositions given in the shareholders' lawsuits show that not only were Fannie and Freddie on track to be profitable for at least 10 years, the government allegedly knew that fact, and more, before choosing to sweep away the GSEs' profits.

Forbes, Apr. 12, 2016--Carlyle, Erin White men are disproportionately benefiting from the mortgage interest tax deduction, while women and minorities are getting left out, a new report by Trulia suggests.

Pittsburgh Post-Gazette, Apr. 12, 2016--Grant, Tim Losing a home to foreclosure has left such a bad taste with some former homeowners that they have lost much of their will and desire to go through the underwriting process to get approved for a new home loan - even though years may have gone by since the foreclosure episode.

National Mortgage News, Apr. 12, 2016--Heltman, John The Consumer Financial Protection Bureau faced hostile questions from two judges during oral arguments before a federal appeals court Tuesday as it sought to argue the constitutionality of its single-director structure in a lawsuit brought by nonbank mortgage lender PHH Corp.

National Mortgage News, Apr. 12, 2016--Finkelstein, Brad Radian Guaranty Inc. has entered into its first ever quota share reinsurance agreement that only covers single-premium private mortgage insurance policies.

Wall Street Journal, Apr. 12, 2016--Kamping-Carder, Leigh Across the U.S., more luxury-home sellers are reducing their asking prices. In January, 4.1% of for-sale homes priced at $5 million or above got a price cut, a 50% increase over January 2015, when only 2.7% got a reduction.

Wall Street Journal, Apr. 12, 2016--Taylor, Candace A newly built spec home built on a property once owned by Barbra Streisand is listing for $150 million.

Wall Street Journal, Apr. 12, 2016--Brown, Eliot Lawmakers in Congress are gearing up for a new round of fighting over who should benefit from a federal program that offers green cards to certain foreign investors.

Bloomberg, Apr. 12, 2016--Levine, Matt The great inevitability of modern banking is that some bank will always be settling a crisis-era mortgage case with regulators from now until the end of time.

Bloomberg, Apr. 12, 2016--Randow, Jana Two more Federal Reserve officials argued for caution over the timing of the next interest-rate increase as slower U.S. growth, a stronger dollar and weakness abroad hinder the central bank's effort to drive inflation higher.

Reuters, Apr. 12, 2016--Cassella, Megan The U.S. government posted a $108 billion budget deficit in March, more than double the amount from the same period last year, the Treasury Department said on Tuesday.

American Banker, Apr. 12, 2016--Clozel, Lalita The Office of the Comptroller of the Currency released Tuesday its first risk appetite statement--a set of general guidelines on what level of risk the agency finds acceptable in various domains.

Washington Post, Apr. 12, 2016--Swanson, Ana Foreign-owned shell companies play a big role in the U.S. economy through the real estate market. When purchased through a shell company, an offshore company or a trust, U.S. real estate offers wealthy foreigners a stable and secretive investment.

HousingWire, Apr. 12, 2016--Lane, Ben In a letter sent Monday to Consumer Financial Protection Bureau Director Richard Cordray, Sen. Elizabeth Warren, D-Mass, and Rep. Elijah Cummings, D-Md, call on the CFPB to increase its oversight of nonbank mortgage servicers, citing a report from the U.S. Government Accountability Office on the rise of nonbank servicers.