The Lede

Top National News

Morgan Stanley: This Corner of the Real-Estate Market is About to Peak
Business Insider, Aug. 22, 2016--Oyedele, Akin Nonresidential construction spending is set to peak.
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4th Bank Failure of 2016
Mortgage Daily, Aug. 22, 2016 The Woodbury Banking Co. closed by Georgia Department of Banking and Finance.
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Mortgage Origination Statistics
Mortgage Daily, Aug. 22, 2016--Garcia, Sam For some mortgage banks, record origination activity.
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Loosen Reins on Mortgage Insurers for Good of Housing Finance
American Banker, Aug. 22, 2016--Rossi, Clifford U. of Maryland professor says FHA's role in market must be clarified to encourage expansion of private capital.
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The Adjustable Versus Fixed Mortgage Debate Heats Up
Forbes, Aug. 22, 2016--Tchir, Peter Decreasing differential suggests switching worth thinking about.
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FHA: Take a Page from PMI Playbook to Clarify Defect Rules
National Mortgage News, Aug. 22, 2016--McCall, Phil COO of ACES Risk Management says private mortgage insurance model works better than FHA model.
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SEC Settles Allegations Against Former Fannie Mae CEO for $100,000
Wall Street Journal, Aug. 22, 2016--Viswanatha, Aruna Daniel Mudd had been accused of misleading investors by downplaying risk of GSE's foray into subprime loans.
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FEMA Proposes Rules for Construction in Flood Areas
Wall Street Journal, Aud. 22, 2016--Maher, Kris Federal Emergency Management Agency says construction projects must be built on higher ground.
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Loan Delinquency Rate Up, Potential Home Sales Improve
National Mortgage Professional, Aug. 22, 2016--Hall, Phil Week's first reports put housing in decent start.
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CMBS Investors Concerned About Overly Aggressive Servicing
National Mortgage News, Aug. 22, 2016--Bisbey, Allison As volume spikes, so has loans transferred to special servicing.
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Kobe Bryant Launches $100M Venture Capital Fund, Reveals Housing Tech Investment
HousingWire, Aug. 22, 2016--Lane, Ben NBA star partners with Jeff Stible.
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Time to Worry? Time to Close a Loan Ticking Up
Housing Wire, Aug. 22, 2016--Lane, Ben Ellie Mae reports time to close has risen by two days since May.
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Making the Most Of EAD
MortgageOrb, Aug. 22, 2016--Paquette, George FHA's Electronic Appraisal Delivery portal offers lenders opportunities.
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