The Lede

Mortgage Professional America, Aug. 7, 2017--Francis Monfort The mortgage servicing industry can poise itself for stability and growth by continuing to emphasize oversight practices as it continues to rectify its relationship with the public following the financial crisis, according to a report by S&P Global Ratings.

Wall Street Journal, Aug. 7, 2017--Christina Rexrode (subscription)The Libor index is going away. For U.S. consumers, its demise is most likely to be felt in adjustable-rate mortgages.

Mortgage News Daily, Aug. 7 2017--Jann SwansonCoreLogic says conditions in the mortgage market are once again fertile ground for mortgage fraud. The company's National Fraud Risk Index hit a new high of 132 in the first quarter of this year versus 113 in the first quarter of 2016 and 122 in the fourth quarter.

Reuters, Aug. 7, 2017--Ann SaphirThe Federal Reserve can leave interest rates where they are for now because inflation is not likely to rise much even if the U.S. job market continues to improve, St. Louis Fed President James Bullard said on Monday.

GeekWire, Aug. 7, 2017--Monica NickelsburgFacebook has launched Dynamic Ads for Real Estate, its first ad product designed specifically for residential real estate brokerages.

Mortgage Daily, Aug. 7, 2017While quarterly earnings were solidly higher at Regions Financial Corp., mortgage income receded. Servicing grew with the acquisition of mortgage servicing rights during the quarter.

National Mortgage News, Aug. 7, 2017--Bonnie SinnockAfter Freddie Mac recently took steps to curb 1 percent down mortgages, new questions are emerging about how much risk the industry, and borrowers, should take with these products.

Mortgage Daily, Aug. 7, 2017Navy Federal Credit Union, Vienna, Va., reported a year-over-year increase in quarterly mortgage originations as much of the industry reported declines during the same period.