The Lede
Top National News
Solid Expansion in Mortgage Employment
Mortgage Daily, Sept. 2, 2016
Non-bank mortgage employment up by 4,800 in August.
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Independent Mortgage Bank Profits Double in U.S.
World Property Journal, Sept. 2, 2016--Gerrity, Michael
Mortgage Bankers Association says production rose in 2Q while expenses fell.
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Quick Takes: Changing Locks, Shrinking Lots
UExpress, Sept. 2, 2016--Sichelman, Lew
Reverse occupancy: the latest mortgage scam.
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U.S. Trade Deficit Narrowed Sharply in July
Wall Street Journal, Sept. 2, 2016--Sussman, Anna Louie; Morath, Eric
Trade gap narrowed 11.6% from a month earlier as exports rose.
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U.S. Factory Orders Post Largest Increase in Nine Months
Reuters, Sept. 2, 2016--Mutikani, Lucia
Demand increased broadly, raising hope for manufacturing sector.
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Appraisal Integrations and Acquisitions
Mortgage Daily, Sept. 2, 2016--Garcia, Sam
Appraisal service providers have been enhancing their offerings through integrations, though at least two have turned to acquisitions.
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REITs, Boasting Big Outperformance, Have Earned their Own Sector
Wall Street Journal, Sept. 5, 2016--Van Doorn, Philip
Real estate investment trusts now will stand on their own, apart from financial companies, in the S&P 500 Index.
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Moody’s: Bond Investors Will Also Benefit from FHFA HARP Replacement
HousingWire, Sept. 2, 2016--Lane, Ben
Agency said GSEs' new refinance program will boost credit risk-sharing deals.
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Middle East Investors Raise Bets on New York Real Estate: Chart
Bloomberg, Sept. 5, 2016--Maurus, Christine
Nearly $7 billion in New York City real estate investment over past 18 months.
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How Mortgage Execs Can Nurture an Industry That Reflects Its Clients
National Mortgage News, Sept. 6, 2016--Finkelstein, Brad
Radian Guaranty President Teresa Bryce Bazemore says more women serve in key roles in industry, but more needs to be done. She has been involved with MBA since 1990.
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How Would a Fed Rate Hike Affect the Mortgage Industry?
MReport, Sept. 5, 2016--Honea, Brian
Analysts say refis will continue to be popular regardless of increase in federal funds rate.
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10 Bold Predictions for the Future of the Mortgage Industry
National Mortgage News, Sept. 6, 2016
If the past 40 years has revealed anything about the mortgage industry, it's that change is constant, and inevitable.
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The Rise and the Fall of the Mortgage Broker in Three Data Points
National Mortgage News, Sept. 6, 2016--Finkelstein, Brad
The rise and fall of the mortgage broker in the mid-2000's can be tied to one product: subprime mortgages.
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