The Lede

Wall Street Journal, July 5, 2016--Davidson, KateThe Federal Reserve will release minutes from its June 14-15 meeting, giving more clues about how worried officials were about a persistent slowdown in the broader economy and about the so-called Brexit vote on June 23.

New York Times, July 5, 2016--Bray, ChadThe financial strains from Britain's vote to leave the European Union are starting to show, as fear and uncertainty ripple through the country's real estate market.

National Mortgage News, July 5, 2016--Collins Brian The Federal Housing Finance Agency has opened the door to experimenting with front-end credit risk transfer transactions, but it is not wide enough for some market players. "It isn't the kind of risk sharing that we have been advocating for," said David Stevens, president and chief executive of the Mortgage Bankers Association. "In order for risk transfers to actually work, we need a solution that is accessible and usable by all lenders large and small."

Zacks Equity Research, July 5, 2016 The Brexit aftermath has rattled the stock market and led to decline in mortgage rates. While lower mortgage rates have been affecting retirement accounts, they are helping people seeking to refinance their home loans. "If the financial-market disruption from Brexit persists, the likelihood of even a December hike would be reduced," said Lynn Fisher, MBA vice president of research and economics.

National Mortgage Professional, July 5, 2016--Hall, Phil The new association is seeking membership from regulatory compliance experts among originators and servicers, along with risk management professionals and in-house legal counsels for mortgage companies. MCPAOA pledged to work with the Mortgage Banking Association in its outreach to federal legislators and regulators.

Reuters, July 5, 2016--Mutikani, Lucia The Commerce Department said on Tuesday new orders for manufactured goods declined 1.0 percent after two straight months of increases. May's drop was in line with economists' expectations and followed a 1.8 percent increase in April.

Wall Street Journal, July 5, 2016--Kusisto, Laura Increases in apartment rents slowed this spring, typically the period when landlords drive the hardest bargains, suggesting the once-booming market is beginning to cool.

Wall Street Journal, July 6, 2016--Zeng, Min The yield on the benchmark 10-year U.S. Treasury note fell to its lowest level ever Tuesday, a new milestone in a three-decade downward run that even veteran traders never thought would go so far or last so long.

National Mortgage News, July 5, 2016--Sinnock, Bonnie The board of Nationstar Mortgage Holdings Inc. unanimously elected CEO and President Jay Bray as the company chairman, succeeding Wesley Edens, who retired July 1.

HousingWire, July 5, 2016--Swanson, Brena Fifth Third Mortgage is the latest lender to enter the slowly growing arena of mortgage lenders offering low down mortgages, taking it a step further by announcing--for those who qualify--a zero down payment mortgage program.

HousingWire, July 5, 2016--Lane, Ben As part of its ongoing efforts to sell off some of the deeply delinquent mortgages held in its portfolio, Freddie Mac announced recently that it plans to sell nearly $44 million in non-performing loans to a non-profit buyer.