The Lede

Chicago Tribune, Aug. 18, 2016--Orton, Kathy (Washington Post) MBA Chief Economist Mike Fratantoni said refinancings continue tail out as markets return to post-Brexit levels.

Bloomberg, Aug. 18, 2016--Light, Joe Under current terms of conservatorship, Fannie Mae and Freddie Mac will run out of capital by Jan. 1, 2018.

Bloomberg, Aug. 18, 2016--Miller, Rich Ex-Fed chairman says low rates won't last 'very much longer.'

Associated Press, Aug. 18, 2016 Rates persist at historically low levels.

Wall Street Journal, Aug. 18, 2016--Rubin, Richard The problem with attacking "loopholes" in the tax code is just how popular they are.

HousingWire, Aug. 18, 2016--Swanson, Brena Also acquires George Mason Mortgage; expected to close in mid-2017.

HousingWire, Aug. 18, 2016--Ramirez, Kelsey Consumer spending to drive third quarter growth.

Reuters, Aug. 18, 2016--Mutikani, Lucia Labor Department said claims have been below 300,000 for 76 straight weeks.

Mortgage Daily, Aug. 18, 2016 Federal Housing Finance Agency reports 177,090 in June.

Mortgage Daily, Aug. 18, 2016 Caps are based on size of total market, which grew as well.

Bloomberg, Aug. 18, 2016--Evans, Rachel; Scully, Matt Money managers say debt backed by mortgages, student debt looks more attractive.

Forbes, Aug. 18, 2016--Woellert, Lorraine Many borrowers still can't qualify for a home loan, much less get approved at low rates.

HousingWire, Aug. 18, 2016--Lane, Ben Mortgage Security Inc. founder Robert Pena accused of diverting Ginnie Mae funds for personal use.

Washington Post, Aug. 18, 2016--Mcullen, Troy Miami, Las Vegas and parts of Arizona, California now see gains far outpacing national average.

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