The Lede

Top National News

Mortgage Credit Availability Rises for Fourth Straight Month
National Mortgage News, Jan. 5, 2017--Passy, Jacob Mortgage credit availability grew for the fourth consecutive month in December, the Mortgage Bankers Association reported.
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Mortgage Rates Reverse Course, Moving Lower for the First Time in More than Two Months
Washington Post, Jan. 5, 2017--Orton, Kathy According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average tumbled to 4.2 percent with an average 0.5 point.
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How Underwriting Processes Leave Good Business on the Table
National Mortgage News, Jan. 5, 2017--Passy, Jacob Change looms on the horizon for the mortgage industry--both in the products it offers and in the borrowers it serves.
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These Startups Are Bringing Commercial Real Estate Into 2017
Forbes, Jan. 5 2017--Barzilay, Omri  Commercial real estate is behind the times. But a growing community of tech startups is beginning to address common issues that plague the industry.
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Over $300 Million in HELOCs Sold
Mortgage Daily, Jan. 5, 2017 The transaction was announced Thursday by Mortgage Industry Advisory Corp., which placed the loans through its whole-loan desk.
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Deutsche Bank Considering Loans to Private Equity as Part of $4.1 Billion in Consumer Relief
HousingWire, Jan. 5, 2017--Lane, Ben As part of asettlement with the Department of Justice, which is not yet finalized, Deutsche Bank will be required to provide $4.1 billion in consumer relief.
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Fed’s Williams Sees Three-Hike 2017 Outlook as ‘Very Reasonable’
Bloomberg, Jan. 5, 2017--Smialek, Jeanna Three interest-rate increases this year is a "reasonable" assessment of what the U.S. central bank should do at a time when unemployment has declined and inflation is slowly moving up, said Federal Reserve Bank of San Francisco President John Williams.
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U.S. Service-Sector Activity Expanded at Solid Pace in December, ISM Says
Wall Street Journal, Jan. 5, 2017--Leubsdorf, Ben Growth in economic activity across the sprawling U.S. service sector was steady and solid in December, a sign of momentum for the broader economy headed into the new year.
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Mortgage Rates Sink, Further Decline Likely
Mortgage Daily, Jan. 5, 2017--Garcia, Sam A nice improvement was recorded this past week for interest rates on residential loans, and the forecast is for a further decline.
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New MBA Report Forecasts Strong Year for Commercial and Multifamily Lending
National Mortgage Professional, Jan. 5, 2017--Hall, Phil A new survey by the Mortgage Bankers Association of the nation's top commercial and multifamily mortgage origination firms is offering an optimistic forecast for lending in 2017.
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Senate Panel to Hold Hearing On Carson HUD Nomination
National Mortgage News, Jan. 5, 2017--McKendry, Ian The Senate Banking Committee is scheduled to hold a hearing Jan. 12 on the nomination of Ben Carson as Secretary of HUD.
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Ohio Becomes First State to Ban Plywood on Vacant Properties
HousingWire, Jan. 5, 2017--Lane, Ben The fight against neighborhood blight took a giant step forward this week, as Ohio just became the first state to ban the use of plywood on vacant and abandoned properties.
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