The Lede

Top National News

Weekly Mortgage Applications Drop 2.1% as Rates Edge Higher
CNBC, Aug. 24, 2016--Olick, Diana Although mortgage volume fell last week, it remains 28 percent higher than a year ago.
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Here are the Easiest Cities to Get a Mortgage
CNBC, Aug. 24, 2016--Schoen, John W. Urban Institute says borrowers in distressed markets do better, even with lower credit scores.
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How a Liquidity Crisis Could Derail the U.S. Mortgage Market
CNBC, Aug. 24, 2016--Marino, Joe Prolonged low rates and dwindling liquidity for loans on the secondary market could grind home sales to a halt again.
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Existing-Home Sales Decline in July
National Mortgage Professional, Aug. 24, 2016--Hall, Phil First drop since February and only 2nd time in 21 months with a year over year decline.
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Will Borrowers Benefit From New Mortgage Application Form?
OurBroker.com, Aug. 24, 2016--Miller, Peter G. Is it really better? Will it result in more loans, lower rates or happier borrowers?
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FHFA: Homes are Becoming Slightly More Affordable
HousingWire, Aug. 24, 2016--Ramirez, Kelsey Home prices rose by 1.2% from first quarter and 5.6% from a year ago.
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Jackson Hole Gives Yellen Stage to Keep 2016 Rate Rise on Radar
Bloomberg, Aug. 24, 2016--Matthews; Steve; Black, Jeff Fed chair could keep September in play as jobs data improve.
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JLL’s New President Will Be New CEO Soon
Inside Business, Aug. 24, 2016 Christian Ulbrich will succeed Colin Dyer Oct. 1.
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Underwriters Prominent Among Mortgage Hirings
Mortgage Daily, Aug. 24, 2016--Garcia, Sam Embrace Home Loans, Churchill Mortgage expanding across country.
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Stearns Lending Restructures Management
Mortgage Daily, Aug. 24, 2016 Blackstone Group LP acquired majority interest last year.
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Dickerson: Tweak Mortgage Laws to Protect Homeowners
Houston Chronicle, Aug. 24, 2016--Dickerson, Mechelle U. of Texas professor says Texas legislators should rework state "property preservation" clause that allows lenders to lock out borrowers who are in mortgage default.
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An Ironic Twist in the Fight Over Mortgage Bond Settlement Cash
Wall Street Journal, Aug. 24, 2016--Ng, Serena Some bonds in dispute have surprising history.
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How to Gracefully Manage TRID Compliance
National Mortgage News, Aug. 24, 2016--Tymesen, Tana Texas loan officer offers a different perspective.
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New Plan Would Let FHLBs Accept Expanded Collateral
National Mortgage News, Aug. 24, 2016--Collins, Brian Federal Housing Finance Agency wants to make it easier for Federal Home Loan Banks to accept certain kinds of collateral.
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Mercury Network Acquires Platinum Data Solutions
HousingWire, Aug. 24, 2016--Swanson, Brena Move impacts more than 950 lenders.
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MBA News

MBA Recognizes Select Members
The Mortgage Bankers Association recognizes its Select Members.
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