The Lede

Reuters, Sept. 15, 2016--Mutikani, Lucia U.S. retail sales fell more than expected in August amid weak purchases of automobiles and a range of other goods, pointing to cooling domestic demand that further diminishes expectations of a Federal Reserve interest rate increase next week. 

HousingWire, Sept. 15, 2016--Ramirez, Kelsey Homeowners still overestimating their home's value, report said.

National Mortgage News, Sept. 15, 2016--Collins, Brian Kentucky district court judge rules that the courts cannot interfere with the GSE regulator's wind down of Fannie Mae and Freddie Mac. 

National Mortgage News, Sept. 15, 2016--McKendry, Ian By not offering amendments, Democrats were able to spare members some tough votes on specific issues and not tip their hand on potential compromises further down the road.

Reuters, Sept. 15, 2016--Raymond, Nate Former sales manager of Vortex Financial defrauded 30,000 homeowners out of $31 million.

Wall Street Journal, Sept. 16, 2016--Viswanatha, Aruna; Strasburg, Jenny; Henning, Eyk Figure represents government's opening bid; ultimate settlement could be much lower.

Pittsburgh Post-Gazette, Sept. 15, 2016--Sabatini, Patricia PNC CEO Will Demchak said bank's application, approval process cumbersome.

Mortgage Daily, Sept. 15, 2016 Book of home loans continues to grow, the average loan-to-value ratio continues to decline.

Mortgage Daily, Sept. 15, 2016 Government-supported loan modifications at Ocwen Loan Servicing has recently doubled and is expected to remain robust. 

MarketWatch, Sept. 15, 2016--Bartash, Jeffry Despite lower levels, 2.14 million Americans collecting unemployment checks.

Washington Post, Sept. 15, 2016--Orton, Kathy MBA Vice President Lynn Fisher says continued strength in employment supports home purchase market.

National Mortgage Professional, Sept. 15, 2016--Hall, Phil ATTOM Data Solutions said 51,500 homes flipped in second quarter.

American Banker, Sept. 15, 2016--Prang, Allison The scorcher at Wells is giving some community bankers an opening to differentiate themselves from larger institutions that seem fee-dependent or "too big to manage."

National Mortgage News, Sept. 15, 2016--Sinnock, Bonnie Some defunct mortgage businesses pioneered or established trends that remain relevant today.

Wall Street Journal, Sept. 15, 2016--Davidson, Kate Former Treasury secretary, co-author say stock prices don't reflect decreased risk of failure.

Wall Street Journal, Sept. 15, 2016--Kusisto, Laura Fewer households are paying too much for a place to live, according to new Census data.

HousingWire, Sept. 15, 2016--Swanson, Brena Servicers have one year to study and master the Consumer Financial Protection Bureau's new rule. There will be a test.

Urban Institute, Sept. 15, 2016--Kaul, Karan Given "pristine quality" of today's mortgages, author says FHA not likely to cut premiums.

GoRion, Sept. 15, 2016--Sichelman, Lew Fannie Mae, Freddie Mac set to revamp Uniform Residential Loan Application effective 2018.

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