The Lede

Top National News

Big U.S. Retail Bank Operations Under Scrutiny After Wells Scandal
Wall Street Journal, Oct. 25, 2016--Glazer, Emily; Rexrode, Christina Office of the Comptroller of the Currency sent formal letters to banks earlier this month.
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Homeowners Facing Foreclosure Hit 9-Year Low
HousingWire, Oct. 25, 2016--Lane, Ben Black Knight report shows only 1% of all mortgages in active foreclosure.
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International Group Acquires Genworth Financial
DS News, Oct. 25, 2016--Baer, Kendall China Oceanwide Holdings Group Co. Ltd., and Genworth Financial Inc. entered into a definitive agreement under which China Oceanwide will acquire all of Genworth's outstanding shares for $2.7 billion in an all-cash transaction.
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New York City Construction Spending Forecast to Hit Record
Reuters, Oct. 25, 2016--Lash, Herbert The New York Building Congress forecast construction spending this year will reach $43.1 billion, a 26 percent increase from 2015 and the first time the metric will have eclipsed the $40 billion mark in the city.
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Residential Finance News

Commercial/Multifamily News

MBA News

Tomorrow at the MBA Annual Convention & Expo
Supersessions on Regulatory Environment; Affordable Lending
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MBA Education Releases HMDA, Diversity Resource Guides
Comprehensive Guide to New HMDA Rule
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