The Lede
Top National News
Mortgage Applications fall 3.5%, Even as Rates Move Lower
CNBC, Aug. 3, 2016--Olick, Diana
Mortgage Bankers Assocaition says refinances remain elevated, post-Brexit.
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Don’t Assume You are Frozen Out of the Mortgage Market
Washington Post, Aug. 3, 2016--Harney, Kenneth R.
Fannie Mae, Freddie Mac programs offer incentives for new homeowners.
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Genworth Jumps Most Since 2009 as Mortgage Unit Fuels Profit
Bloomberg, Aug. 3, 2016--Chiglinsky, Katherine
Net income of $172 million beats estimates.
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NMI Holdings Becomes Profitable for the First Time
National Mortgage News, Aug. 3, 2016--Finkelstein, Brad
Net income of $2 million in second quarter.
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Walker & Dunlop Makes Company History with Q2 Earnings Report
HousingWire, Aug. 3, 2016--Ramirez, Kelsey
$5.4 billion in transaction volume.
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Where First-Time Homebuyers Can Go Big
Bloomberg, Aug. 3, 2016--Kessler, Zara
Even starter homes are bigger in Texas.
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U.S. Private Sector Adds 179,000 Jobs in July: ADP
Reuters, Aug. 3, 2016--Mazilli, Meredith
Report comes out ahead of Labor Department report on Friday.
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PennyMac Home Lending Up, Wholesale Launch Ahead
Mortgage Daily, Aug. 3, 2016--Brown, Aimee L.
Q2 mortgage originations grow 45% from Q1.
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Nationstar Lending Up, MSR Valuations Hurt Income
Mortgage Daily, Aug. 3, 2016
Q2 originations rise 24% from first quarter.
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Appraisal Volume Shows True Impact of Brexit
HousingWire, Aug. 3, 2016--Swanson, Brena
Index from a la mode showed appraisal volume saw not post-Brexit surge.
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Carrington Mortgage Services Names New President
HousingWire, Aug. 3, 2016--Ramirez, Kelsey
Ray Brousseau has been with Carrington for five years.
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Hiring is Soft Spot, but ISM Services Gauge Finds Most U.S. Companies are Growing
MarketWatch, Aug. 3, 2016--Bartash, Jeffry
Index falls slightly in July but remains elevated.
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Residential Finance News
Commercial/Multifamily News
MBA News
Mortgage Action Alliance Quarterly Advocacy Update Today
Session Provides Legislative/Regulatory Briefine; 2016 Political Landscape
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