The Lede

Top National News

Home Price Growth to Slow in 2017: CoreLogic
National Mortgage News, Jan. 3, 2017--Passy, Jacob Home values continued to climb in November, but in 2017 price appreciation is likely to slow due to rising interest rates, according to CoreLogic.
Full Story
Rise in Holiday Cheer…and Mortgage Rates?
MReport, Jan. 3, 2017--Brown, Mirasha Last month was not only high in Christmas spirit and morale, it also included an increase in mortgage rates. 
Full Story
The Future of Fannie & Freddie Under Trump
Marketplace, Jan. 3, 2017--Hartman, Mitchell One complicated legacy of the housing bust could finally be dealt with under the incoming Trump administration and Republican Congress: resolving the fate of the so-called government-sponsored enterprises: Fannie Mae and Freddie Mac.
Full Story
Making Banks Safer Waits for Another Day
Wall Street Journal, Jan. 3, 2017--Davies, Paul J. U.S. and European banks have long had their differences, nowhere more so than over how much capital they need to stay safe.
Full Story
Offering Could Yield MSRs on Up to $1 Bil in Loans
Mortgage Daily, Jan. 3, 2017 A new offering could provide the successful bidder with mortgage servicing rights on as much as $1 billion in government-sponsored enterprise loans.
Full Story
Range of Mortgage-Related Conferences During Q1
Mortgage Daily, Jan. 3, 2017--Garcia, Sam A range of mortgage-related events taking place during the first quarter of this year include a pair of commercial real estate conferences, a bankruptcy convention and an independent lender event.
Full Story
With Lots in Short Supply, Builders Revive Abandoned Projects
Wall Street Journal, Jan. 3, 2017--Kirkham, Chris Developers and investors are starting to resurrect subdivisions that were left half-finished after the housing collapse. 
Full Story
Housing Market Regains All Value Lost in Crisis
National Mortgage Professional, Jan. 3, 2017--Hall, Phil The total value of the U.S. housing stock grew to a record-high $29.6 trillion in 2016, according to data released by Zillow.
Full Story
Will OCC’s New Charter Go Beyond Fintech Firms?
National Mortgage News, Jan. 3, 2017--Clozel, Lalita The Office of the Comptroller of the Currency's decision to offer a special-purpose charter for fintech firms may entice more players than expected, including mortgage lenders.
Full Story
Former CFPB Attorney Pretty Much Just Confirmed the Worst Fears of the Mortgage Industry
HousingWire, Jan. 3, 2017--Gaffney, Jacob Robert Rubin's main objective in writing "The Tragic Downfall of the Consumer Financial Protection Bureau" is to highlight what he calls the heavy politicization of the CFPB. In doing so, Rubin also just confirmed the worst fears of the mortgage industry.
Full Story
Done Deal: AIG Finalizes Sales of United Guaranty to Arch Capital Group
HousingWire, Jan. 3, 2017--Lane, Ben American International Group officially closed the sale of its mortgage-guaranty unit United Guaranty to Arch Capital Group on Dec. 31, the companies announced Tuesday morning.
Full Story
Wall Street, America’s New Landlord, Kicks Tenants to the Curb
Bloomberg, Jan. 3, 2017--Gopal, Prashant Hedge funds, large investment firms and private equity companies helped the U.S. housing market recover after the crash in 2008 by turning empty foreclosures from Atlanta to Las Vegas into occupied rentals. Now among America's biggest landlords, some of these companies are leaving tenants in the cold. 
Full Story
U.S. Manufacturing, Construction Sectors Shine as Year Ended
Reuters, Jan. 3, 2017--Mutikani, Lucia U.S. factory activity accelerated to a two-year high in December amid a surge in new orders and rapidly rising raw material prices, indicating that some of the drag on manufacturing from prolonged dollar strength and a slump in oil prices was fading.
Full Story
Home Prices are Shrugging Off the Surge in Mortgage Rates–For Now
MarketWatch, Jan. 3, 2017--Riquier, Andrea Home prices leapt in November, a sign that the jump in mortgage rates hasn't yet hobbled the housing market.
Full Story
Senate Banking Panel Takes Shape as GOP Majority Narrows
National Mortgage News, Jan. 3, 2017--McKendry, Ian The Senate Banking Committee will have six fresh faces in the new Congress as Republicans grapple with a slimmer majority.
Full Story
Equifax, TransUnion Settle CFPB Claims of Deceptive Marketing
Wall Street Journal, Jan. 3, 2017--Witkowski, Rachel Top credit-reporting companies Equifax Inc. and TransUnion have agreed to pay more than $23 million over federal claims that they deceptively marketed and sold credit scores to consumers.
Full Story

Residential Finance News

Commercial/Multifamily News

MBA News