The Lede

HousingWire, Nov. 3, 2016--Ramirez, Kelsey The government-sponsored enterprise posted profits every quarter for the last four and a half years and sees no near-term end to conservatorship.

National Mortgage News, Nov. 3, 2016--Sinnock, Bonnie Fannie Mae's new representation and warranty relief offers lenders a long-awaited incentive to use its automated loan validation technology. But is it enough for lenders to make the necessary technology updates and process changes to implement the tools?

HouingWire, Nov. 3, 2016--Lane, Ben Debra Still, CMB, president and CEO of Pulte Mortgage, said new compliance requirements have more than doubled the company's cost to originate a mortgage loan.

Daily Business Review, Nov. 3, 2016--Ampel, Celia The Florida Supreme Court on Thursday ruled in favor of mortgage lenders in a decision that homeowners' advocates say will create renewed uncertainty for some borrowers about whether they can stay in their homes.

New York Times, Nov. 3, 2016--Fuller, Thomas A dispute over the building's construction is fast shaping into a huge legal battle involving the developer, the city and owners, and one with stakes befitting Silicon Valley.

GoRion, Nov. 3, 2016--Sichelman, Lew Housing starts in California will increase by 5 percent next year and 1.5 percent in 2017, according to a new report. But existing home sales in the Golden State won't be so brisk, at least not next year.

Mortgage Daily, Nov. 3, 2016 Mortgage Bankers Association reports mortgage credit conditions loosened for second straight month.

Mortgage Daily, Nov. 3, 2016 From July 1 through Sept. 30, pre-tax income came to $139 million--the most ever earned by PennyMac.

Reuters, Nov. 3, 2016--Mutikani, Lucia New orders for U.S. factory goods rose for a third straight month in September, but a further decline in order books suggested the manufacturing sector will struggle to emerge from a prolonged slump.

Reuters, Nov. 3, 2016--Mutikani, Lucia U.S. services industry activity cooled in October amid a slowdown in new orders and hiring, suggesting a moderation in economic growth early in the fourth quarter.

Washington Post, Nov. 3, 2016--Orton, Kathy Mortgage rates leapt higher this week. "Rates are being pushed up as investors around the globe anticipate less aggressive policies from central banks, including the Federal Reserve," said Mortgage Bankers Association Chief Economist Mike Fratantoni. 

National Mortgage News, Nov. 3, 2016--Collins, Brian The agency released a plan last week that would stipulate that newly constructed homes financed by the Federal Housing Administration would have to be elevated two feet above the 100 year-based flood level.

Wall Street Journal, Nov. 3, 2016--Kirkham, Chris Developers in higher-cost areas struggle to price homes eligible for FHA-backed mortgages.

Miami New Times, Nov. 3, 2016--Iannelli, Jerry According to a study the website Zillow, Miami banks and lenders deny more mortgage applications than in any other U.S. city.

The Oregonian, Nov. 3, 2016--Njus, Elliot The counties assert that MERS is illegal under state law.

Heritage.org, Nov. 3, 2016--Ligon, John Author says a Federal Housing Finance Agency decision to implement a mortgage forgiveness program for severely delinquent loans guaranteed by Fannie Mae and Freddie Mac is unlikely to work.

Wall Street Journal, Nov. 3, 2016--Glazer, Emily Bank also says range of possible litigation losses related to separate probe rose to as much as $1.7 billion in third quarter.

World Property Journal, Nov. 3, 2016--Gerrity, Michael According to the Mortgage Bankers Association's latest Quarterly Survey of Commercial and Multifamily Mortgage Bankers Originations, commercial and multifamily mortgage loan originations for the first nine months of 2016 increased 2 percent compared to last year.

Housing Wire, Nov. 3, 2016--Gaffney, Jacob Here is the next big idea.

National Real Estate Investor, Nov. 3, 2016  Top hotel owners based on number of rooms owned on Dec. 31, 2015.

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