The Lede

CNBC, May 4, 2016--Olick, Diana It was yet another small tick higher for interest rates last week, and it was enough again to hold borrowers back from applying for a mortgage. Total application volume fell 3.4 percent from the week before, the Mortgage Bankers Association reported.

National Real Estate Investor, May 4, 2016--Mattson-Teig, Beth  Although fundraising remains strong by historical standards, new capital flowing into global private equity real estate funds took a big step back in first quarter.

Bloomberg, May 4, 2016--Levine, Matt The new rules demystify some of the magic of banking. They force counterparties to examine the trick more closely, and to confront the fact that it covers up but doesn't quite eliminate risk.

Consumer Affairs, May 4, 2016--Huffman, Mark Home buyers aren't the only consumers paying more to put roofs over their heads. Rents have been rising just as fast, according to the Mortgage Bankers Association--faster in some cases.

HousingWire, May 4, 2016--Swanson, Brena Nationstar Mortgage Holdings' earnings followed in the steps of Freddie Mac and Walter Investment Management Corp. as its earnings took a hit from the first quarter's historically low interest rates.

Wall Street Journal, May 4, 2016--Leubsdorf, Ben The Institute for Supply Management on Wednesday said its index of nonmanufacturing economic activity, tracking everything from restaurant meals to dry cleaning, rose to 55.7 in April from 54.5 in March, reaching its highest level since December.

National Mortgage News, May 4, 2016--Sinnock, Bonnie Freddie Mac's second quarterly loss in less than a year makes it clear profitability is getting tougher as it shrinks. But it's a concern that must be weighed against more long-term efforts to reduce Freddie's overall credit risk exposure.

USA Today, May 4, 2016--Davidson, Paul Businesses added 156,000 jobs in April, payroll processor ADP said Wednesday, raising concerns that the government will report that employment growth slowed last month amid a sluggish economy.

Associated Press, May 4, 2016--Crutsinger, Martin Factory orders rose 1.1 percent, rebounding from a 1.9 percent drop in February, the Commerce Department reported Wednesday.

Associated Press, May 4, 2016--Crutsinger, Martin Productivity declined at an annual rate of 1 percent in the January-March period, following a 1.7 percent decline in October-December quarter, the Labor Department reported Wednesday.

CNN Money, May 4, 2016--Vasel, Kathryn While homes are moving off the market faster at the national level, in oil-heavy housing markets, the "for sale" signs are staying up longer than they used to.

National Real Estate Investor, May 5, 2016--Smith, Geoff; Thomas, Jay There's no doubt that now is an interesting time in the mortgage market for multifamily assets located in secondary locations, brimming with potential, promise and uncertainty.

Bankrate.com, May 4, 2016--Geffner, Marcie Millennials who watched their parents or grandparents struggle with toxic mortgages, short sales and foreclosure might be reluctant to buy a home and get a mortgage themselves. But in fact, most of those bad old loans are gone and while real estate is never risk-free, today's traditional terms, strict guidelines and government-mandated forms can help millennials become safe and successful homeowners.

Wall Street Journal, May 5, 2016--Rudegeair, Peter Three of the largest online small-business lenders will soon start disclosing to borrowers the annual percentage rate on their loans, a response to criticism the industry has received about transparency and an expected increase in regulatory scrutiny.

National Mortgage News, May 4, 2016--Finkelstein, Brad PHH Corp. lost $30 million in the first quarter of 2016, as the company took a $10 million pretax reduction to the fair market value of its mortgage servicing rights.