The Lede

Top National News

Nationstar Transfers All REO Auction Activity to Xome
HousingWire, Nov. 16, 2016--Swanson, Brena The report noted that Nationstar uses Xome for field services and real estate owned asset management and closings.
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Hensarling Targets GSE Reform, Dodd-Frank Rollback in Ambitious Agenda
National Mortgage News, Nov. 16, 2016--McKendry, Ian House Financial Services Committee Chairman Jeb Hensarling recited a litany of priorities for his panel next year, touching on everything from the very broad, like housing finance reform, to the specific, including targeting a proposal to rein in payday lending.
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Critics Say HUD Sales of Delinquent Mortgages are Hurting, Not Helping
Baltimore Sun, Nov. 16, 2016--Sherman, Natalie The federal government has sold thousands of delinquent Maryland mortgages to private investors through a controversial program that critics argue hurts homeowners and contributes to Baltimore's vacancy problem.
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Prime Jumbo Mortgage Bonds are Disappearing. Here’s Why
HousingWire, Nov. 16, 2016--Lane, Ben Recent reports from Standard & Poor's Global Ratings showed that rate at which new mortgage bonds enter the market is slowing considerably in 2016.
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Major Trade Groups Urge Congress to Renew Two Major Homeowner Tax Provisions
HousingWire, Nov. 16, 2016--Swanson, Brena This year two of the biggest tax provisions at the top of Congress' pile to renew impact housing and homeowners, especially first-time homebuyers. MBA, NAHB and NAR urged Congress to keep these tax extensions.
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Increase in Mortgage Closing Rate, Refi Share
Mortgage Daily, Nov. 16, 2016 As refinances took up a bigger share of monthly mortgage production, the ratio of loans that closed improved, said Ellie Mae. 
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Attracting High Producing Mortgage Originators
Mortgage Daily, Nov. 16, 2016 Among high-producing mortgage loan originators, 43 percent found their employers through a colleague who referred them to the company, Floify LLC said.
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Mortgage Bankers Cut 2017 Refinance Forecast
Mortgage Daily, Nov. 16, 2016 Mortgage Bankers Association revised refinance forecast as interest rates continue to rise.
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How Might A Trump Presidency Impact The Mortgage Industry?
Mortgage Orb, Nov. 16, 2016--Barnard, Patrick Former MBA Chairman David Kittle, CMB (The Mortgage Collaborative) says Dodd-Frank Act would be difficult to replace in its entirety.
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Irvine Homebuying Firm HomeUnion Going Public
Orange County (Calif.) Register, Nov. 16, 2016--Collins, Jeff An Irvine, Calif. company that seeks to help investors buy rental houses across the country announced plans for an initial public stock offering in the near future.
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U.S. Producer Prices Hold Flat in October
Wall Street Journal, Nov. 16, 2016--Morath, Eric The producer-price index for final demand, measuring changes in the prices that U.S. companies receive for their goods and services, was unchanged on a seasonally adjusted basis in October compared to September.
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Walter Capital Opportunity Corp. Selling $10 Billion MSR Portfolio to New Residential
HousingWire, Nov. 16, 2016--Lane, Ben Sale expected to generate $90 million for Walter Investment Management Corp.
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How Big a Collateral Risk Are PACE Loans?
National Mortgage News, Nov. 16, 2016--Bisbey, Allison Lenders often consent to borrowers taking on additional debt that is subordinate to theirs, since they are assured of being repaid first. But PACE loans create what is known as a super-senior lien.
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Homebuilder Sentiment Was Unchanged in November as Builders Waited for the Election Result
Business Insider, Nov. 16, 2016--Oyedele, Akin The National Association of Homebuilders said Tuesday that its members' confidence in the housing market held steady in November.
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Why FHA Lenders Might Have Less to Fear in a Trump Administration
National Mortgage News, Nov. 16, 2016--Collins, Brian The Justice Department is disbanding a multi-agency task force that has pursued litigation and fines against Federal Housing Administration lenders for many years. David Stevens, Mortgage Bankers Association president and CEO, is looking for a new tone at the Justice Department.
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Trump Won. What Does That Mean for Commercial Real Estate?
Midwest Real Estate News, Nov. 16, 2016--Rafter, Dan Now that the presidential election is over, it's time to ask the big question: How will a Donald Trump presidency affect commercial real estate?
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Mortgage Applications Tank 9% as Post-Election Rates Soar
CNBC, Nov. 16, 2016--Olick, Diana  A sharp spike in interest rates following Donald Trump's election threw cold water on the mortgage market. "Following the election, mortgage rates saw their biggest week-over-week increase since the 'taper tantrum' in June 2013," said Mortgage Bankers Association President and CEO David Stevens, CMB.
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Residential Finance News

Commercial/Multifamily News

MBA News

MBA Recognizes Select Members
Association Recognizes New & Longtime Member Partners
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