The Lede
Top National News
FHA Loans in Demand Despite “Better” Options
The Mortgage Reports, Aug. 8, 2016--Pogol, Gina
Many factors make FHA loans preferred option for many borrowers.
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Growth Levels Off for the Hotel Sector
National Real Estate Investor, Aug. 8, 2016--Anderson, Bendix
Performance may not improve much beyond current level.
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Mortgage Closures Include Wholesale, Correspondent
Mortgage Daily, Aug. 8, 2016--Garcia, Sam
Correspondent investor, wholesale lender and bank were among recent mortgage-related entities to meet their end.
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Falling Rates Create Bond Call Frenzy
Wall Street Journal, Aug. 8, 2016--Eisen, Ben
Companies, government agencies calling bonds at fastest rate in four years.
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BOK Financial Plans to Exit Corresponding Lending
National Mortgage News, Aug. 8, 2016--Passy, Jacob
Company cites low rates, increased competition.
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Home Purchase Sentiment Rises to All-Time High
National Mortgage News, Aug. 8, 2016--Passy, Jacob
Up 3.3 points in July.
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MGIC Delinquent Inventory Decreases More than 20%
HousingWire, Aug. 8, 2016--Ramirez, Kelsey
From 66,000 last year to 52,300 in July.
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Fannie, Freddie Could Need $126 Billion in Crisis, Test Shows
Bloomberg, Aug. 8, 2016--Light, Joe
Companies would still have $132 billion in funding remaining.
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Donald Trump Pitches Tax Breaks, Moratorium on New Regulations
Wall Street Journal, Aug. 8, 2016--Timiraos, Nick; Reinhard, Beth
Policy speech aims to illustrate differences from Democratic nominee Hillary Clinton.
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Mortgage Business Expands at Navy FCU
Mortgage Daily, Aug. 8, 2016
Q2 production climbs 53% from previous period.
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Hensarling Backs Watchdog’s Concerns on Down Payment Assistance Programs
National Mortgage News, Aug. 8, 2016--Collins, Brian
House leader says HUD is "breaking law." MBA President & CEO David Stevens says HUD IG report "raises important concerns," but notes DPA loans have performed well over time.
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Can Big Data Help Bankers Avoid Another CRE Debacle?
National Mortgage News, Aug. 8, 2016--Peters, Andy
Banks using new software tools to improve analysis.
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Nearly 650,000 Borrowers to Receive More Money from Independent Foreclosure Review
HousingWire, Aug. 8, 2016--Lane, Ben
Remaining funds to be distributed to borrowers who already received money.
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Residential Finance News
Commercial/Multifamily News
MBA News
Upcoming MBA Education School of Mortgage Banking Courses
Sessions in Seattle; Dallas; Washington, D.C.
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