The Lede

Washington Post, July 13, 2017--Kathy Orton "Rates continued to increase last week given increasing evidence that the Fed and other central banks are more likely to raise rates given the pickup in economic growth in their respective economies," said Michael Fratantoni, Mortgage Bankers Association chief economist.

Reuters, July 13, 2017--Pete SchroederMore Americans were keeping up with their mortgages at the beginning of 2017 but the number of foreclosures is also on the rise, the Office of the Comptroller of the Currency said.

National Mortgage News, July 13, 2017--Elina Tarkazikis (subscription)Bayview Asset Management has entered into an agreement to acquire Pingora Holdings, an indirect subsidiary of Annaly Capital Management.

HousingWire, July 13, 2017--Brena SwansonThe seven national banks include: Bank of America, Citibank, HSBC, JPMorgan Chase, PNC, U.S. Bank and Wells Fargo.

Bloomberg, July 13, 2017--Patricia LaylaA sudden downturn in American households' optimism about the economy and less-favorable views of personal finances sent the Bloomberg Consumer Comfort Index reeling to its lowest point since January.

Commercial Property Executive, July 13, 2017--Paul FiorillaShopping center deal flow fell at a rate greater than any other major asset class in the second quarter, fueled by concerns about the changing face of retail and whether individual tenants will be able to withstand growing e-commerce.

Reuters, July 13, 2017--Lucia MutikaniThe number of Americans filing for unemployment benefits fell last week for the first time in a month and producer prices unexpectedly rose in June, likely keeping the Federal Reserve on course for a third interest rate increase this year.

Mortgage Daily, July 13, 2017Mortgage Industry Advisory Corp., which announced the $52 million sale Thursday, said it completed the sale through its whole-loan desk.

Los Angeles Times, July 14, 2017--James Rufus KorenA former Wells Fargo mortgage banker who worked in Beverly Hills alleged in a lawsuit this week that the bank falsified records so it could blame holdups on borrowers--and that it fired him for trying to report the practice.

HousingWire, July 13, 2017--Joseph MurinFormer Ginnie Mae President Joseph Murin, former MBA Chairman David Kittle, CMB, and Miliken Institute Director Michael Bright discuss state of housing policy.

New in today's issue of MBA Insights: It's only July, but changes to the Home Mortgage Disclosure Act go into effect in less than six months--and if you're a lender who makes loans covered by HMDA, you need to be ready well before then.

MBA Education presents a webinar, Mortgage Lending & Summary of GSE Risk Share Opportunities, on July 18 from 2:00-3:30 p.m. ET.