The Lede
Top National News
Mortgage Applications Jump 4.2% on Strong Buyer Demand
CNBC, Sept. 14, 2016--Olick, Diana
MBA reports homebuyers jumped back into the market after Labor Day, filing applications for mortgages at a far faster pace than in previous weeks.
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Construction Loans Fall Victim to Concentration Risk Concerns
National Real Estate Investor, Sept. 14, 2016, Mattson-Teig, Beth
Some banks are cautious about apartment construction loans in select markets with growing concentration risk.
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What are the Top Marketing Strategies for Mortgage Originators?
Mortgage Professional America, Sept. 14, 2016
The importance of an effective marketing strategy can make the difference between a great year or a mediocre one.
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A.W. Pickel Heads to AmCap Mortgage
National Mortgage News, Sept. 14, 2016--Passy, Jacob
Pickel will leave his role as chief executive at LeaderOne Financial, the company he founded in 1992.
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Pessimism Pervades Buying and Appraisal Surveys
National Mortgage Professional, Sept. 14, 2016--Hall, Phil
Surveys say 78 percent of homeowners said it's a good time to buy, but appraisals are coming in lower.
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Why Homebuilding Isn’t Keeping Up With Demand
National Mortgage News, Sept. 14, 2016--Passy, Jacob
New homes aren't being built, and construction and development lending trends may be to blame, said Kroll Bond Rating Agency's Christopher Whalen.
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New York Unveils Sweeping Cybersecurity Regulations
HousingWire, Sept. 14, 2016--Lane, Ben
Banks, financial services industry will be required to amp up security.
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U.S. Import Prices Post First Drop in Six Months, but Trend Improving
Reuters, Sept. 14, 2016--Mutikani, Lucia
Declining trend is slowing as oil prices stabilize and the dollar's rally fades.
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Mortgage Layoff Notices Plunge, Banks Continue
Mortgage Daily, Sept. 14, 2016--Garcia, Sam
Volume of layoff notices by mortgage-related businesses has significantly slowed as of late.
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Mortgage Bankers Lift Q4 Refinance Forecast
Mortgage Daily, Sept. 14, 2016
MBA projects home lending volume to reach $561 billion in third quarter.
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Why Mortgage Delinquency Rates are Dropping
KDSK (St. Louis), Sept. 14, 2016
MBA Vice President Jamie Woodwell says as property values increase, mortgage fundamentals increase as well.
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Consumers Are Unaware of Low-Down-Payment Loan Options
National Mortgage News, Sept. 14, 2016--Passy, Jacob
Affordability constraints and a lack of awareness about low-down-payment mortgage options temper confidence about buying a home.
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Bankers Endorse Finding That Fed Stress Tests Likely Illegal
Wall Street Journal, Sept. 15, 2016--Tracy, Ryan
Committee on Capital Markets report is latest evidence some in the banking industry are contemplating a potential lawsuit.
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