The Lede

Forbes, Sept. 23, 2016--McGrady, Vanessa A personal finance website, Finder.com, did a survey to rate mortgage stress by city (the average repayment is 20.9% of the average income) and revealed half of the top 20 cities under mortgage stress are in California.

Wall Street Journal, Sept. 25, 2016--Demos, Telis Even as banks build new technology in response to threats from fintech upstarts, some of their existing systems are struggling to keep up with new regulations.

Bloomberg, Sept. 26, 2016--Light, Joe; Scully, Matt Mortgage insurance companies are getting a long-awaited shot at expanding their business with Fannie Mae and Freddie Mac. But it's shaping up to be less lucrative than they had hoped.

Associated Press, Sept. 25, 2016 Genworth Mortgage Insurance CEO Rohit Gupta discusses housing market.

Mortgage Daily, Sept. 23, 2016 Loans with nontraditional credit that receive an approve/eligible recommendation from Fannie Mae's Desktop Underwriter will be eligible for delivery on a delegated or non-delegated basis.

Mortgage Daily, Sept. 23, 2016 Estimated Q2 U.S. originations $488 billion.

Wall Street Journal, Sept. 25, 2016--Kirkham, Chris Pricey states like California are seeing sellers pack up for cheaper places such as Texas and Arizona.

Inman News, Sept. 23, 2016--Barnes, Lou When rates start to slide up and down, adjustable-rate mortgages will feel it.

OC Register (Calif.), Sept. 23, 2016--Lazerson, Jeff Fannie Mae releases 10.0, the 31st version of its automated credit decision engine named Desktop Underwriter or DU.

Santa Fe New Mexican, Sept. 24, 2016--Miller, Cynthia Securities and Exchange Commission filed a motion Friday in a federal court saying it will drop three out of five remaining civil fraud claims against two former top executives of Thornburg Mortgage, a Santa Fe-based firm that was once the second-largest mortgage company in the nation.

Bloomberg, Sept. 23, 2016--Light, Joe The Mortgage Bankers Association, the largest home lender trade group, on Friday proposed a substitute for the Home Affordable Modification Program, President Barack Obama's signature response to the foreclosure crisis. 

Phoenix Business Journal, Sept. 23, 2016--Sunnucks, Mike Women hold some prominent positions at commercial brokerage firms and industry associations, but some challenges remain.

Reuters, Sept. 23, 2016--Leong, Richard Move follows weaker than expected data on August housing data.

UExpress, Sept. 23, 2016--Sichelman, Lew Everything is negotiable in real estate--even when it comes to renting a place to live. 

DS News, Sept. 23, 2016--Baer, Kendall Michael Waldron of Bayview Loan Servicing says adjustments to existing systems add clarity and create efficiencies.

HousingWire, Sept. 23, 2016--Swanson, Brena Manufactured homes could have role to play in current housing process.

National Mortgage News, Sept. 23, 2016--Collins, Brian Fannie Mae employees working to update the agency's automated underwriting machine to process trended data for the first time.

National Mortgage Professional, Sept. 23, 2016--Hall, Phil Sen. Ron Wyden, D-Ore., released draft legislation of the proposed Middle-Income Housing Tax Credit Act of 2016.

National Mortgage News, Sept. 23, 2016 Granular data and quick decisions that can help field a winning fantasy team have a lot in common with the analytics tools that mortgage lenders use to monitor and evaluate their operations.

Nomination Deadline Today, Sept. 26