The Lede

HousingWire, Aug. 21, 2017--Ben LaneMr. Cooper, the nonbank that officially left the name Nationstar behind on Monday, is already the most unique name in the mortgage business. When using the Mr. Cooper Home Rewards credit card, customers can earn cash back that will be applied to the principal balance on their mortgage.

Orange County Register (Calif.), Aug. 21, 2017--Jonathan LansnerLending industry logic suggests the more money any borrower puts into a loan the more likely they'll make the house payments. So why is Orange County's Credit Union offering to finance homebuyers who put nothing down?

Boston Globe, Aug. 21, 2017--Katheleen Conti"In the months after the election there was an expectation the Trump administration would be able to enact tax cuts and infrastructure spending," said Aaron Terrazas, senior economist at the real estate website Zillow. "If they had done that, it would have boosted growth, which would have made the [Federal Reserve] more confident in raising interest rates. But the growth prospects are slower than expected."

National Mortgage Professional, Aug. 21, 2017--Vic LanceThe New York State Department of Financial Services recently re-adopted a registration procedure for mortgage loan servicers. As a part of the process, professionals need to meet bonding requirements and provide appropriate errors and omissions insurance coverage.

Bloomberg, Aug. 21, 2017--Rich Miller, Sally BakewellStocks and corporate bonds may be the surprise big losers once the Federal Reserve starts reducing its $4.5 trillion balance sheet.

CNBC, Aug. 21, 2017--Diana OlickCompetition for housing is soaring, affordability is weakening and the U.S. housing recovery is grinding to a crawl--and, in large part, the baby boom generation is to blame.

Mortgage Daily, Aug. 21, 2017--Sam GarciaReports of mortgage production continue to roll in, with some home lenders achieving new milestones, ranking at the top of their local markets--or giving up on the business.

Mortgage Daily, Aug. 21, 2017Like its secondary cousin, Fannie Mae will begin allowing some home-purchase financing loans without appraisals.

Scotsman Guide, Aug. 21, 2017--Victor WhitmanThe nation's largest mortgage banking trade group, the Mortgage Bankers Association, recently urged its members to reach out to representatives in support of bills that would extend the program.

HousingWire, Aug. 21, 2017--Brena SwansonNearly everything about the industry's prized digital mortgage is streamlined expect for the final, and one of the most important, steps at the end.

Wall Street Journal, Aug. 22, 2017--Craig Karmin (subscription)The Indian owners of the Plaza Hotel have hired a broker to sell the New York City landmark, a sign that a world-wide scramble among investors, celebrities and governments to acquire the property could be nearing an end.