The Lede

Top National News

What Could Replace Freddie Mac and Fannie Mae?

Miami Herald, Aug. 5, 2016--Nehamas, Nicholas "There has to be structural reform before the market can function," said MBA President and CEO David Stevens, CMB.

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Mortgage Credit Loosens in July

Scotsman Guide, Aug. 5, 2016--Whitman, Victor MBA says credit availability up 1%.

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Commercial Real Estate Exec Seeks to Become NYC Mayor

National Mortgage Professional, Aug. 5, 2016--Hall, Phil A New York real estate executive is seeking elected office as a Republican.

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New Rules Aim to Protect Widowed Homeowners from Foreclosure

Los Angeles Times, Aug. 5, 2016--Khouri, Andrew Consumer Financial Protection Bureu rules would give protections to spouses.

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Purchasing Tips for First-Time Homebuyers

UExpress, Aug. 5, 2016--Sichelman, Lew Housing market continues to heat up.

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Nonbank Mortgage Sector Experiences Surge in Hiring

National Mortgage News, Aug. 5, 2016--Collins, Brian Independent mortgage banks, brokers add nearly 6,000 jobs in June.

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MSR Adjustments to Pressure Earnings in 2H16: Kroll

National Mortgage News, Aug. 5, 2016--Passy, Jacob Agency says mortgage servicing rights' impact continues to be felt.

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For More U.S. Cities, Downtown Is a Center of Economic Strength

Wall Street Journal, Aug. 5, 2016--Calvert, Scott Gains in the heart of many U.S. cities come at time of wider neighborhood decline.

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Weekly Mortgage Market Index Climbs, Refis Lead

Mortgage Daily, Aug. 8, 2016 New refinance activity at 17-year high, says OpenClose.

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MBA CEO: Next Administration has a Clean Slate for Housing

HousingWire, Aug. 5, 2016--Ramirez, Kelsey David Stevens, CMB, calls 2016 elections 'opportunity to pivot.'

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American Paradox: It’s Never Been Cheaper for Cities and States to Borrow Money…And They Refuse to Do It

Wall Street Journal, Aug. 7, 2016--Harrison, David; Gillers, Heather Wall Street urging governments to invest in big-ticket projects; voters and officials say, 'not so fast.'

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New York’s Stalled Residential Construction

New York Times, Aug. 5, 2016--Hughes, C.J. Despite a building boom, some residential buildings haven't gotten off the ground.

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Are Nonprofit Loan Buyers Really Good for the Mortgage Market?

National Mortgage News, Aug. 5, 2016--Passy, Jacob Community development entities are forestalling foreclosures, but skepticism remains.

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Initial Thoughts: Did the CFPB Successfully Update TRID?

HousingWire, Aug. 5, 2016--Swanson, Brena Analysts say some ambiguities remain.

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U.S. Trade Deficit Rises to Ten-Month High in June

Reuters, Aug. 5, 2016 Rising domestic demand, higher oil prices boost import bill.