The Lede

Wall Street Journal, May 3, 2016--Light, Joe; Hufford, Austen Mortgage-finance giant Freddie Mac on Tuesday posted a loss for the second time in three quarters, throwing a spotlight on the government-controlled company's dwindling capital reserves.

New York Times, May 3, 2016--Hurdle, Jon Seeking to do more than provide basic homes for its residents, Philadelphia's public housing agency is taking a new approach to neighborhood revitalization. In its latest project, it is adding commercial and educational development to its main role of home building, aiming to address the underlying causes of urban distress.

Business Insider, May 3, 2016--Bryan, Bob  Everyone wants a house, and that's a big problem. The nonprofit Conference Board said the number of Americans indicating they plan to buy a home in the next six months is at historic levels.

National Mortgage Professional, May 3, 2016--Hall, Phil The challenges facing renters remained considerable, according to a pair of new data reports.

HousingWire, May 3, 2016--Gaffney, Jacob Right now, unlike in 2009, the mortgage finance world is at its best, says Freddie Mac CEO Donald Layton, and can only get better.

American Banker, May 3, 2016--Berry, Kate The Consumer Financial Protection Bureau is expected to issue a proposal Thursday that would limit the use of arbitration clauses on millions of financial contracts from cell phones to credit cards to checking accounts.

National Mortgage News, May 3, 2016--Finkelstein, Brad United Guaranty's pretax operating income of $163 million benefited from lower mortgage delinquency rates but a decline in refinance originations affected the amount of new insurance written.

National Mortgage News, May 3, 2016--Passy, Jacob Walter Investment Management Corp. sank into a deeper $172.7 million net loss during the first quarter, as lower interest rates caused pressure on the company's mortgage servicing rights valuation.

HousingWire, May 3, 2016--Swanson, Brena While appraisal volume continued to inch higher for the week of April 24, it only increased 1%, a drop from 2.2% last week, according to the latest appraisal volume numbers from a la mode, an appraisal forms software company.

Reuters, May 3, 2016--Rucker, Patrick Big U.S. banks will have greater protection from hedge funds in a future financial crisis under a Federal Reserve proposal released on Tuesday that would require some investors to wait 48 hours before cutting ties with failing lenders.

U.S. News & World Report, May 3, 2016--Brecht, Kira For those looking to beef up their retirement income stream, real estate investing is another option to consider.

Scotsman Guide, May 3, 2016--Whitman, Victor Freddie Mac reported a loss in the first quarter driven by lower interest rates and widening spreads on mortgage securities. Mortgage Bankers Association President David Stevens said Freddie's loss underscored the need for Congress to embark on GSE reform.

Bloomberg, May 4, 2016--Gopal, Prashant; Perlberg, Heather Soaring expenses are squeezing profits for nonbank lenders, which have grown to almost half of the mortgage market, as new rules and stepped-up regulatory scrutiny slice into already-thin margins. The average cost to originate a home loan jumped by 18 percent in the past two years, according to Mortgage Bankers Association data. 

National Mortgage News, May 3, 2016--Reosti, John At least one banker has gone public with expectations that the Office of the Comptroller of the Currency will force his institution to hold more capital. More could soon follow.

HousingWire, May 3, 2016--Murin, Joseph If Ginnie Mae were a privately held or publically traded corporation, it would likely be seeking massive capital investments today in preparation for a new level of growth, says former Ginnie Mae President Joseph Murin.