The Lede

Bloomberg, May 6, 2016--Onaran, Yalman A new accounting rule that will force banks to set aside provisions for bad loans long before they sour could cannibalize profits and eat into capital at U.S. lenders.

National Mortgage News, May 6, 2016--Collins, Brian Nonbank mortgage lenders and brokers added 900 new employees to their payrolls in March after cutting 2,100 in the month prior.

24/7 Wall Street, May 6, 2016--Ausick, Paul Based on the latest data from CoreLogic's mortgage fraud risk index, mortgage lenders in the Miami metropolitan area face the highest risk for attempts to commit fraud.

Wall Street Journal, May 6, 2016--Kirkham, Chris At Paradise at Ironwood Crossing, a 2,100-home master-planned community southeast of Phoenix, new houses starting as low as $170,000 are snapped up within weeks of hitting the market.

National Mortgage News, May 6, 2016--Passy, Jacob Fewer lenders are looking to change their loan origination systems this year, according to a survey from mortgage compliance software provider QuestSoft.

National Mortgage News, May 6, 2016--Passy, Jacob Redwood Trust posted lower profits for the first quarter of 2016 as a result of falling interest income and the impact of lower interest rates.

Reuters, May 6, 2016--Schneider, Howard A slowdown in U.S. hiring coupled with a jump in wages last month dovetails with what the Federal Reserve expected as the economy approaches full employment and is not likely to alter its interest rate hike trajectory.

Cleveland Plain Dealer, May 6, 2016--Jarboe, Michelle Forest City Realty Trust Inc., sold more than $1 billion worth of assets during the first few months of this year, ranging from the company's stake in a New York NBA team to a shopping mall in the heart of downtown Cleveland. 

Arizona Republic, May 7, 2016--Wiles, Russ Despite a lot of media attention at the time paid to strategic defaulters, they were rare: fewer than 1% of households with the financial means to pay instead chose to walk away.

Wall Street Journal, May 7, 2016--Kirkham, Chris The average cost for home builders to comply with regulations for new home construction has increased by nearly 30% over the last five years, according to new research from the National Association of Home Builders.

National Mortgage News, May 6, 2016--Passy, Jacob MountainView Servicing Group in Denver said Friday that it is the exclusive advisor for the sale of a bulk mortgage servicing rights portfolio with Fannie Mae, Freddie Mac and Ginnie Mae loans. The bulk portfolio carries $4.7 billion of unpaid principal balance.

HousingWire, May 6, 2016--Swanson, Brena The mortgage industry is on the verge of a major transition, and it's not in regulation, government or products. It's the people that make the entire mortgage operation run that are simply a few years away from retiring.

Washington Post, May 8, 2016--O'Connell, Jonathan; Orton, Kathy Loudoun County's distant suburbs were the D.C. area's hottest market - until nightmare commutes and a revitalized District flipped a housing switch.

HousingWire, May 6, 2016--Swanson, Brena PHH Corp. announced in its first-quarter earnings that it decided to exit the wholesale/correspondent lending channel, a move that differs from a recent development in the industry toward correspondent lending.