The Lede

Top National News

U.S. Homeowners Could Gain From Brexit Vote
Wall Street Journal, June 28, 2016-Kusisto, Laura Britain's decision to leave the European Union could benefit a group thousands of miles away: U.S. homeowners. The main reason: Investors have flocked to the safety of U.S. Treasurys, pushing interest rates lower as riskier assets such as stocks tumbled.
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U.S. Home Prices Continued Strong Growth in April, Case-Shiller Says
Wall Street Journal, June 28, 2016--Kusisto, Laura Home prices continued rising at a steady clip in April, a reassuring signal of strength in the U.S. economy amid global uncertainty.
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Nationstar Collateralizes More Defaulted Reverse Mortgages
National Mortgage News, June 28, 2016--Fest, Glenn Nationstar Mortgage is issuing its fifth securitization of nonperforming reverse mortgages, a unique esoteric residential mortgage-backed securities class the mortgage servicer has engaged in four previous transactions.
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Supreme Court to Consider Miami’s Predatory Lending Suit against Bank of America, Wells Fargo
HousingWire, June 28, 2016--Lane, Ben The U.S. Supreme Court announced Tuesday that it will hear arguments during its next term on whether the city of Miami can sue Bank of America and Wells Fargo for alleged predatory lending.
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Redfin Now Scores Homes Based [on] Your Commute to Work
HousingWire, June 28, 2016--Ramirez, Kelsey Redfin, a real estate brokerage, just launched Opportunity Score, which rates homes based on the number of jobs within a 30-minute car-free commute. 
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Chance of a Fed Interest Rate Cut This Year is on the Rise
CNBC, June 28, 2016--Cox, Jeff Not long ago the Federal Reserve told markets to expect as many as four interest rate hikes this year. Now, traders are beginning to give serious consideration to a rate cut before 2016 is over.
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10 Most Stable Housing Markets in America
MarketWatch, June 28, 2016--Hill, Catey Home prices along the coasts may be hitting historic highs, but the housing markets that have experienced the most stable growth aren't near the ocean.
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Boomers Want Affordability in Apts., June 29, 2016--Bubny, Paul Freddie Mac's first-ever 55+ Survey finds that the majority of Baby Boomers expect to rent for no more than they're currently paying in housing costs, a sentiment that Freddie's David Brickman sees creating "significant new pressure" on supply.
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MBA: Expect July Fed Rate Hike
National Mortgage Professional, June 28, 2016--Hall, Phil The Mortgage Bankers Association predicts the Federal Reserve will look past the current tumult created by the Brexit vote and will move ahead with a rate hike next month, plus another at year's end.
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Two More FHLBs Sign Up for MPF Government Loan Program
National Mortgage News, June 28, 2016--Collins, Brian The Federal Home Loan banks of Topeka and San Francisco signed up to participate in a Mortgage Partnership Finance program that pools and securitizes government-backed loans via Ginnie Mae.
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5 Things to Watch in the Fed’s Stress Test Results
Wall Street Journal, June 29, 2016--Tracy, Ryan Wednesday may be the most important day of the year for large U.S. banks, with the Federal Reserve set to release its verdicts on whether they have passed or failed annual stress tests.
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