The Lede
Top National News
					U.S. Inflation Stirring as Healthcare, Housing Costs Surge
					
									Reuters, Sept. 16, 2016--Mutikani, Lucia
U.S. consumer prices rose more than expected in August as healthcare costs recorded their biggest gain in 32-1/2 years.
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					Banks Are Now Too Scared To Even Make Money
					
									Wall Street Journal, Sept. 19, 2016--Mackintosh, James
Banks have become too regulated and too scared of the risks to do what they should be doing.
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					Lenders Giving Residential Mortgage-Backed Securities a Rehab
					
									Pensions & Investments, Sept. 19, 2016--Jacobius, Arleen
Lenders try to reassure investors that securitization issues of the Great Recession have subsided.
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					HUD Proposed Rule Would Bring ‘Catastrophic Losses’ to Reverse Mortgages
					
									Reverse Mortgage Daily, Sept. 18, 2016--Oliva, Jason
MBA, NRMLA and other industry groups urged HUD to maintain current guidelines regarding a mortgagee's election of loan assignment.
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					Banks Lose Mortgage LOs to Non-Banks
					
									Mortgage Daily, Sept. 16, 2016
The number of mortgage loan officers registered in the national database has expanded over the past year as non-bank originator share widened.
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					Bank Share of Mortgage Market Up Again
					
									Mortgage Daily, Sept. 16, 2016
Total Q2 originations $488 billion.
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					Condominiums in Crisis: Financial Troubles Put Many Communities at Risk
					
									Washington Post, Sept. 18, 2016--Turque, Bill
Monthly fees, the financial lifeblood of condo developments, have risen sharply as boards try to generate cash for long-deferred maintenance and to cover basic expenses. As a result, more owners can't make their payments, and fewer prospective owners can afford to buy in.
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					House Financial Services Committee Launches Own Investigation into Wells Fargo
					
									HousingWire, Sept. 16, 2016--Lane, Ben
Bank also facing investigations by Department of Justice and Senate Banking Committee.
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					Add CRE Worries to List of Bank M&A Impediments
					
									National Mortgage News, Sept. 16, 2016--Stewart, Jackie
Banks that are heavily involved in commercial real estate lending may shy away from buying institutions with similar concentrations.
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					A Fed Insider Warns of the Risk of Low Rates
					
									Wall Street Journal, Sept. 18, 2016--Derby, Michael S.
Among concerns behind Eric Rosengren's call for central bank to act: soaring commercial real-estate market.
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					Innovative Sites Offer Buyers and Sellers New Opportunities
					
									UExpress, Sept. 16, 2016--Sichelman, Lew
A plethora of new real-estate-centric sites promise to improve the buying and selling process.
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					Is California’s Housing Boom Finally Coming to an End?
					
									HousingWire, Sept. 16, 2016--Swanson, Brena
Report says market is likely to stay down as low housing affordability and a tight supply of homes for sale cut into demand. 
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					Modification Program Activity Rises in Second Quarter: Treasury
					
									National Mortgage News, Sept. 16, 2016--Passy, Jacob
Activity under the Making Home Affordable program increased in the second quarter thanks to the introduction of the Streamline Home Affordable Mortgage Program.
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					Lawmakers Intensify Pressure on Wells Fargo
					
									Wall Street Journal, Sept. 16, 2016--Hayashi, Yuka
House Panel Starts Investigation, Democratic Senators suggest clawback of some of bank's executive compensation.
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					Appraisal Delays Gumming Up Home Sales
					
									Washington Post, Sept. 16, 2016--Harney, Kenneth R.
There's trouble brewing in appraiserville, and it's beginning to cost some unsuspecting home buyers money.
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					Americans’ Household Wealth Rises to $89.1 Trillion
					
									Associated Press, Sept. 16, 2016--Rugaber, Christopher S.
The Federal Reserve said Friday that net worth climbed 1.2 percent to $89.1 trillion, led by a 2.3 percent increase in the value of Americans' stock and mutual fund holdings.
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					Fannie Mae: More Mortgage Lenders Control their Compliance Costs
					
									HousingWire, Sept. 16, 2016--Ramirez, Kelsey
Nearly one-third of lenders said they expected their firm's profit margin to increase over the next three months.
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					Deutsche Bank to Fight $14 Billion Demand from U.S. Authorities
					
									Reuters, Sept. 16, 2016--Schuetze, Arno
Justice Department says bank missold mortgage-backed securities. 
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					Constructive Demand, Shaky Supply
					
									Builder, Sept. 16, 2016--McManus, John
A trifecta of positives at the household level intensify focus on constraints to builder and developer capacity.
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					Lessons Learned From The Lonestar State
					
							GoRion, Sept. 16, 2016--Mitchell, Donna
Companies with diverse workforces, both in terms of the gender and ethnicity of their employees, achieve higher profits.
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				Residential Finance News
Commercial/Multifamily News
MBA News
					MBA Education HMDA Implementation Workshop in Los Angeles Sept. 28
					
							Held in Conjunction with MBA Risk Management/Quality Assurance Conference
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