The Lede
Top National News
Mortgage Applications Drop 1.3%, as Refinancing Loses Some Steam
CNBC, July 20, 2016--Olick, Diana
MBA survey notes volume up 61% from year ago.
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The Future of Mortgage Rates in a Post-Brexit World
HousingWire, July 20, 2016--Ramirez, Kelsey
Analysts see rates rising as Brexit shock fades.
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Study Finds New Reverse Mortgage Updates Reduce Default Risk By 50%
Huffington Post, July 20, 2016--Lazar, Michael
Since 2013 regulatory changes, default rates tumbled.
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Morgan Stanley Clears Lowered Expectations but Profit, Revenue Fall
Wall Street Journal, July 20, 2016--Hoffman, Liz; Rudegeair, Peter
Profit fell 12% in second quarter.
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Private Flood Insurance Bill Has Fannie, Freddie on Edge
National Mortgage News, July 20, 2016--Collins, Brian
Bill passed in House raises Fannie Mae, Freddie Mac concerns over potential losses.
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Study: Race Still a Major Factor in Mortgage Lending
HousingWire, July 20, 2016--Lane, Ben
Report cites racial, income disparities in St. Louis, Milwaukee.
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Goldman Sachs Revenue Drops from Last Year
HousingWire, July 20, 2016--Ramirez, Kelsey
Profits up by 74 percent, however.
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Affordable Housing Takes Center Stage at GOP Convention Event
HousingWire, July 20, 2016--Swanson, Brena
Mortgage Bankers Association co-sponsored event.
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Lawyers Pass the Bar. Why Don’t We Test Risk Managers?
American Banker, July 20, 2016--Mark, Bob
Author says regulators, risk management practicioners need standardized risk management best practices.
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LGBT Purchasing Power Near $1 Trillion Rivals Other Minorities
Bloomberg, July 20, 2016--Green, Jeff
Footprint 'more present, more visible,' study said.
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Agility Is More Important than Size for Mortgage Companies
National Mortgage News, July 20, 2016--Martin, Matt
Chronos Solutions CEO says Davids of mortgage industry, not Goliaths, have ability to adapt more nimbly to change.
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FNF Posts 17% Increase in Second Quarter Earnings
National Mortgage News, July 20, 2016--Finkelstein, Brad
FNF is title insurance business of Fidelity National Finance Inc.
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CFPB’s Impact, Five Years On
National Mortgage News, July 20, 2016--Berry, Kate
Agency shifts from Dodd-Frank rules to other areas.
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Expanding Mortgage Credit Availability Isn’t Hard, If You Do It Right
HousingWire, July 20, 2016--Magder, Dan
Carrington's managing director of strategic initiatives on how to make it happen.
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Residential Finance News
Commercial/Multifamily News
MBA News
Call For Speakers for MBA Whole Loan Trading, CRA Lending, M&A Workshops
Three Upcoming Workshops with Speaker Opportunities
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