The Lede
Top National News
Mortgages Rates Slump For The Summer
OurBroker.com, July 18, 2016--Miller, Peter G.
How low can they go? Pretty low.
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Fintech Firms Hurt by Lack of Regulatory Clarity
American Banker, July 18, 2016--Magrann-Wells, Richard
Author says fragmented regulatory system threatens innovation.
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CBRE Sees Tough Year for Commercial Mortgage Bonds With New Rule
Bloomberg, July 18, 2016--Evans, Rachel
CBRE says looming regulation weiging on new issuance.
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Bank of America’s Portfolio Plan Success Cuts Mortgage Income
National Mortgage News, July 18, 2016--Finkelstein, Brad
2Q Income declines to $312 million from $1 billion a year ago.
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Why Investors Own Private Mortgage-Backed Securities
U.S. News & World Report, July 18, 2016--Brown, Jeff
Analysts say they're safer and worthy of part of investment portfolio.
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CFPB’s Updates to TRID Could Improve Warehouse Lending Liquidity
National Mortgage News, July 18, 2016--Sinnock, Bonnie
Warehouse lenders take on increased risk exposure.
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It’s Not a Housing Bubble, It’s Just Expensive
Bloomberg, July 18, 2016--Clark, Patrick
Low inventory driving higher prices.
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Blackstone Said to Plan Invitation Homes IPO for First Half 2017
Bloomberg, July 18, 2016--Perlberg, Heather
Landlord is biggest in industry, with nearly 50,000 homes.
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Where Low Rates Can Help Small Banks
National Mortgage News, July 18, 2016--Prang, Allison
For small banks, mortgage income providing momentum.
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Race Strongly Influences Mortgage Lending in St. Louis, Study Finds
New York Times, July 19, 2016--Eavis, Peter
Study asserts federal data show mortgage lending reinforcing segregation in St. Louis neighborhoods.
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Fed Officials Gain Confidence They Can Raise Rates This Year
Wall Street Journal, July 19, 2016--Hilsenrath, Jon; Derby, Michael S.
Analysts now suggest could be as early as September.
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FHLB Jumbo Loan Limits Raised to $2.5M
National Mortgage News, July 18, 2016--Collins, Brian
Mortgage Partnership Finance Direct program to accept jumbos, hybrid ARMs.
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Borrowers Love Wells Fargo’s 3% Down Program
HousingWire, July 18, 2016--Ramirez, Kelsey
Program makes up nearly 3% of new applications.
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