The Lede

Top National News

Freddie Mac Swings to $2.3 Billion Profit
MarketWatch, Nov. 1, 2016--Riquier, Andrea  After this quarter, the enterprise will have returned $101.4 billion to taxpayers.
Full Story
Fed to Hold Rates Steady, Put December Hike Firmly in View
Reuters, Nov. 1, 2016--Dunsmuir, Lindsay   The Federal Reserve is expected to keep interest rates unchanged on Wednesday but set the stage for a hike in December.
Full Story
Should You Sell Everything? Cycles, the Long-Term View and the Next Recession
National Real Estate Investor, Nov. 1, 2016 Lynn, David Fear is the strongest human impulse. There is nothing that attracts more attention then yelling "sell everything" in the investment world.
Full Story
Third-Quarter Commercial Loan Volume Increased 5%: MBA
National Mortgage News, Nov. 1, 2016--Finkelstein, Brad Commercial mortgage originations increased 5% in the third quarter compared with the same period last year, driven by a huge increase in government-sponsored enterprise volume, according to the Mortgage Bankers Association.
Full Story
HomeBridge Buys Operating Assets of Prospect Mortgage
HousingWire, Nov. 1, 2016--Swanson, Brena HomeBridge Financial Services, a national independent mortgage lender, announced it will purchase the operating assets of Prospect Mortgage from Prospect Holding Co.
Full Story
U.S. ISM Manufacturing Gauge Rose in October to 51.9
Wall Street Journal, Nov. 1, 2016--Sussman, Anna Louie The Institute for Supply Management on Tuesday said its purchasing manufacturers' index rose to 51.9 in October from 51.5 in September.
Full Story
NMLS Launches ‘Your License Is Your Business’ Campaign
National Mortgage Professional, Nov. 1, 2016 The Conference of State Bank Supervisors announced the State Regulatory Registry LLC, operator of the Nationwide Multistate Licensing System, launched its third annual "Your License is Your Business" campaign.
Full Story
Freddie Mac CEO: We’ll Make Crisis-Era Foreclosure Preventions Permanent
HousingWire, Nov. 1, 2016--Gaffney, Jacob Freddie Mac is now working with its regulator, the Federal Housing Finance Agency, to create permanent foreclosure-avoidance programs as HAMP and HARP look to expire.
Full Story
What’s So Great About the Return of Downtowns
Bloomberg, Nov. 1, 2016--Fox, Justin In bigger, faster growing cities this renaissance has come with lots of costs and conflict as affluent newcomers displace poor residents who end up in suburbs with worse access to transit and services.
Full Story
Construction Spending Shows First Year-Over-Year Drop in 5 Years
MarketWatch, Nov. 1, 2016--Robb, Greg Outlays for U.S. construction projects fell 0.4% in September, the Commerce Department reported Tuesday.
Full Story
U.S. Housing Market Recap: Housing Starts Decline in September, but Sales and Permits Rise
GoRion, Nov. 1, 2016--Bourgi, Sam The housing sector showed signs of stabilizing in September, as home sales accelerated despite extremely tight inventory and rising prices. 
Full Story
Freddie, Ginnie Drive Down Agency MBS Issuance
Mortgage Daily, Nov. 1, 2016--Garcia, Sam After soaring to the highest level in nearly four years, agency issuance retreated last month thanks to declines at Freddie Mac and Ginnie Mae.
Full Story

Residential Finance News

Commercial/Multifamily News

MBA News

MBA Education Overview of Project Standards in Mortgage Lending Webinar Today
Overview of Essential Risk Management Practices for Building Projects
Full Story
MBA Compliance Essentials Social Media & Digital Advertising Resource Guide Available
Manage Challenges Posed by Digital Marketing/Advertising
Full Story