The Lede
Top National News
Fannie Mae Profit Slides Amid Lower Rates
Wall Street Journal, Aug. 4, 2016--Hufford, Austen
GSE will send $2.9 billion dividend payment to Treasury Department.
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Mortgage Rates Fall Back and Applications Decline as Credit Increases
Washington Post, Aug. 4, 2016--Orton, Kathy
MBA Vice President Lynn Fisher says pool of borrowers who can refinance continues to shrink.
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Mortgage Credit Availability Loosens in July: MBA
National Mortgage News, Aug. 4, 2016--Passy, Jacob
MBA data show 1% July increase.
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Mortgage Options for First-Time Homebuyers
CBS News, Aug. 4, 2016--Martin, Ray
Buying a home might be a better deal for people looking to move.
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Stonegate Mortgage Revnue Up 432% in Q2
HousingWire, Aug. 4, 2016--Ramirez, Kelsey
$26.2 million revenue up from just $5 million in 1Q.
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Factory Orders Fall Sharply for Second Straight Month in June
MarketWatch, Aug. 4, 2016--Robb, Greg
Orders fall by 1.5% after 1.2% decline in June.
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Say Hello to the New Face of CMBS Deals, Courtesy of Dodd-Frank
Forbes, Aug. 4, 2016--Razin, Ely
First risk-retention CMBS deal.
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Record Ginnie Mae MBS Issuance
Mortgage Daily, Aug. 4, 2016
July issuance up 5% from June.
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Mortgage Rates Fall, Could See Further Dip
Mortgage Daily, Aug. 4, 2016--Garcia, Sam
Thirty-year fixed rates average 3.43%.
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What Can Happen When Mortgage Lenders Become VCs
Tech Crunch, Aug. 4, 2016--Mannes, John
Opes Advisors incorporates restricted stock units to make it easier for techies to buy homes.
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U.S. Appeals Ruling That Throws Out Crisis-Era Bank of America Case
Wall Street Journal, Aug. 4, 2016--Viswanatha, Aruna
Justice Department aims to salvage high-profile mortgage-fraud case against Bank of America.
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The Secret Sauce to Some Home Loan Bank Earnings
National Mortgage News, Aug. 4, 2016--Collins, Brian
Court settlements boosting bottom line at several FHLBs.
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Residential Finance News
Commercial/Multifamily News
MBA News
Captains Mark, Scott Kelly Keynote MBA Annual Convention & Expo
Annual Convention Returns to Boston Oct. 23-26
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MISMO Fall Summit in D.C. September 12-16
Learn How MISMO Can Help Address Pressing Challenges
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MBA Accepting Entries for Diversity & Inclusion Residential Leadership Awards; Deadline Monday
Awards Recognize Excellence, Innovation in Workplace Diversity and Inclusion
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