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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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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