The Lede

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Refis Drag Down New Mortgage Business
Mortgage Daily, Jan. 30, 2017The U.S Mortgage Market Index from OpenClose and Mortgage Daily, an indication of upcoming originations, was 119 in the week ended Jan. 27.
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The Future of TRID Hangs in the Balance Amid Trump Regulatory Actions
HousingWire, Jan. 30, 2017--Brena SwansonA freeze on a final rule of the Consumer Financial Protection Bureau's Know Before You Owe mortgage disclosure rule, also called the TILA-RESPA Integrated Disclosures rule, TRID, could become an unfortunate side effect of Trump's executive order on Monday.
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Appeals Court Rules Against Treasury in GSE Case
National Mortgage News, Jan. 30, 2017--Brian CollinsA federal appeals court ruled Monday that the Treasury Department will have to hand over more documents to investors of Fannie Mae and Freddie Mac related to its profit sweep of the two government-sponsored enterprises.
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PHH Seeks to Block State AGs from Intervening in CFPB Case
National Mortgage News, Jan. 30, 2017--Kate BerryPHH Corp. is opposing an attempt by Democratic attorneys general in 16 states and the District of Columbia to intervene in an appeals court case that found the Consumer Financial Protection Bureau's structure was unconstitutional.
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Four Next-Gen Methods to Transform the Mortgage Industry
MReport, Jan. 30, 2017--Phil BankerAreas that will transform mortgage lending include embracing digital, improving scale with robotics process automation, leveraging advanced analytics and building platforms to meet the needs of the evolving industry.
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Credit, Debt Dings Don’t Always Doom Mortgage Applications
Chicago Tribune, Jan. 30, 2017--Kenneth R. HarneyNew data from technology company Ellie Mae, whose loan application and management software is widely used in the mortgage field, reveals that even if you've got what seems to be a deal-killing low FICO score or you're carrying a mountain of debt, you still might have a shot at qualifying for a mortgage to buy the house you want.
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Marshall Mills: Retail Market Reaches New Heights
D Magazine, Jan. 30, 2017--Marshall MillsBest market ever? For the Dallas-Fort Worth retail market, you'd have to say yes when considering our current high occupancy, supply in line with demand and economic strength that continues to drive retail growth.
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Chicago Bank is 2nd Bank Failure of 2017
Mortgage Daily, Jan. 30, 2017On Friday, the Illinois Department of Financial and Professional Regulation Division of Bank reported that it seized Seaway Bank and Trust Co. in Chicago.
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Freddie Lifts Q1 Mortgage Refinance Forecast
Mortgage Daily, Jan. 30, 2017The outlook for refinance production during the first-three months of this year has been raised by Freddie Mac, though at the expense of subsequent quarters.
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Featured Industry Leader: Mark Harmon, President, Mortgage Bankers Association of Alabama
National Mortgage Professional, Jan. 30, 2017--Phil HallHarmon, mortgage retail division manager with Renasant Bank, Birmingham, Ala., discusses his involvement in MBAA and the current legislative/regulatory environment.
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U.S. Consumer Spending, Housing Data Bolster Economic Outlook
Reuters, Jan. 30, 2017--Lucia MutikaniU.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained domestic demand that could spur economic growth in early 2017.
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There’s a Huge Gap Between American Economic Hopes and Reality
Bloomberg, Jan. 30, 2017--Matthew BoeslerSurveys of businesses and consumers have shown a surge in confidence since the Nov. 8 U.S. presidential election, as hopes for growth-lifting fiscal stimulus and deregulation have increased. But actual economic activity has yet to catch up.
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First American: Rising Interest Rates Finally Takes Toll on Home Affordability
HousingWire, Jan. 30, 2017--Kelsey RamirezNovember brought a reversal to the growing home affordability with a sudden drop, according to First American Financial Corp.'s Real House Price Index.
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Trump’s Bid to Slash Regulations Faces Bureaucratic Roadblocks
Bloomberg, Jan. 30, 2017--Todd Shields; Jennifer A. DlouhyPresident Donald Trump set a daunting goal for government agencies bound by complex procedures, ordering his department heads to kill two regulations for each new one they issue.
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New Residential Plans $800M Stock Offering to Pay for Citi MSRs
National Mortgage News, Jan. 30, 2017--Jacob PassyNew Residential Investment Corp. is planning a public offering of more than 49.2 million shares of its stock to pay for its purchase of mortgage servicing rights from CitiMortgage.
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Americans are Rushing to Get Ahead of Rising Mortgage Rates
MarketWatch, Jan. 30, 2017--Andrea RiquierMost consumers seem to understand that better economic growth comes at the cost of higher interest rates. According to data out Friday, that may be nudging them into the housing market.
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Veterans Home Loan Program a Model of Stability in Mortgage Industry
OregonLive.com, Jan. 30, 2017--Chris BirkAuthor says stable VA program is providing a springboard for homeownership, particularly for Millennial home buyers.
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MBA News

MBA Education Improving Sales Talent Webinar Series Begins Today
MBA Education presents the first session in a new webinar series, Improving Sales Talent: Recruiting The Best Sales Originators, today, Jan. 31 from 2:00-3:30 p.m. ET.
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