The Lede

CNBC, Jan. 18, 2017--Olick, Diana Total mortgage application volume was basically flat, rising 0.8 percent on a seasonally adjusted basis compared with the previous week, according to the Mortgage Bankers Association.

Reuters, Jan. 18, 2017--Aubin, Dena JPMorgan Chase & Co has agreed to pay $55 million to settle a U.S. Justice Department lawsuit accusing it of discriminating against minority borrowers by allowing mortgage brokers to charge them more for home loans.

Reuters, Jan. 18, 2017--Freifeld, KarenCredit Suisse formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis.

Wall Street Journal, Jan. 18, 2017--Kusisto, LauraPricey real-estate markets on the coasts are bearing the brunt of the recent rise in mortgage rates and are likely to feel more pain as rates climb, housing economists say.

HousingWire, Jan. 18, 2017--Gaffney, JacobCiticorp net income increased to $3.5 billion, from $2.8 billion in the prior year period, primarily driven by the higher revenues as well as lower operating expenses and lower cost of credit.

Wall Street Journal, Jan. 18, 2017--Hoffman, LizA surge in bond trading and deep cost cuts pushed Goldman Sachs Group Inc. to its most profitable quarter in nearly two years.

Wall Street Journal, Jan. 18, 2017--Sparshott, Jeffrey; Morath, EricThe consumer-price index, a measure of what Americans pay for everything from gasoline to gym memberships, increased 2.1% from a year earlier, the largest year-over-year rise since June 2014.

HousingWire, Jan. 18, 2017--Lane, BenIn a unanimous opinion handed down Wednesday, the Supreme Court limited Fannie Mae's ability to transfer cases to federal court, ruling that the government-sponsored enterprise's charter does not grant it the right to move all state cases to the federal level.

HousingWire, Jan. 18, 2017--Ramirez, KelseyU.S. Bancorp reported earnings for 2016 which not only increased from 2015, but also set a record high.

Bloomberg, Jan. 18, 2017--Dexheimer, Elizabeth; Mohsin, SalehaSteven Mnuchin, nominated by President-elect Donald Trump for Treasury secretary, defended his record as an owner of a mortgage-lender that was accused of unfair lending and foreclosure practices during the financial crisis.

National Mortgage News, Jan. 18, 2017--Collins, BrianThe incoming Trump administration is likely to postpone a 25-basis-point reduction in the Federal Housing Administration's annual mortgage insurance premium, housing policy sources said.

Mortgage Daily, Jan. 18, 2017Mortgage servicing rights are on the market for more than $4 billion in residential loans that are backed by Freddie Mac.

Mortgage Daily, Jan. 18, 2017A bigger share of home loan applications closed last month--especially compared to a year ago. Purchase and conventional loans had the best closing rate.

Washington Post, Jan. 18, 2017--Harney, Kenneth R.Although the Obama administration scheduled the reduction to take effect on new FHA loans insured on or after Jan. 27, there could be a problem. Key House Republicans have objected to the cost reduction and are pressing the incoming Trump administration to reverse it.

National Real Estate Investor, Jan. 18, 2017--Mattson-Teig, Beth Institutional investors, including pension funds, are stepping outside the box, beyond the core asset types of office, industrial, retail and apartments, to consider a growing menu of alternative real estate options.

MBA has created the Commercial/Multifamily Diversity & Inclusion Leadership Awards. Recipients will be recognized at the MBA Commercial Real Estate Finance/Multifamily Housing Convention & Expo, taking place Feb. 19-22 in San Diego. Nomination deadline has been extended to Friday, Jan. 20.