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Top National News

Commercial Mortgages: Commercial Real Estate Values Are Peaking
Richmond (Va.) Times-Dispatch, June 19, 2017--Andrew LittleMuch like one of Tennessee's state songs, Rocky Top, commercial real estate values are peaking and it is a little rocky at the top.
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Midyear Mortgage Review
National Mortgage News, June 19, 2017--Austin Kilgore (subscription) From the Trump administration's initial efforts at reg relief and GSE reform to dramatic shifts in the servicing landscape, here's a look back at the top stories shaping the mortgage industry during the first half of 2017.
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Comerica to Invest Up To $5M in Detroit Home Mortgage Program
Detroit Free Press, June 19, 2017--Susan TomporComerica Bank plans to invest up to $5 million in Detroit Home Mortgage--a program designed to cover the "appraisal gap" that hurts home sales in the city.
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U.S. Banks Aren’t Passing on Higher Interest Rates to Customers…Yet: McGeever
Reuters, June 19, 2017--Jamie McGeeverU.S. banks are profiting from higher official interest rates by not commensurately increasing the rates paid out on deposits.
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PHH Completes The Sale of its Freddie Mac MSRs to New Residential
National Mortgage News, June 19, 2017--Brad Finkelstein (subscripition)PHH Corp. completed the sale of its Freddie Mac mortgage servicing rights portfolio to New Residential Corp. on June 16.
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U.S. Bank Investors Hope Fed Stress Test Results Lead to Big Payouts
Reuters, June 19, 2017--Pete Schroeder, David HenryInvestors are hoping the Federal Reserve will allow big U.S. banks to put an estimated $150 billion in idle capital toward stock buybacks, dividends and profit-boosting investments in the coming weeks after conducting a regular examination of financial strength.
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Purchases Drive Up Monthly Home Lending
Mortgage Daily, June 19, 2017U.S. residential loans that were originated in March preliminarily totaled 441,506 mortgages with an aggregate principal balance of $112.149 billion, said ATTOM Data Solutions.
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Mortgage Marketing Moves Forward
Mortgage Daily, June 19, 2017--Sam GarciaMortgage industry service providers are helping home lenders with their marketing and advertising.
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MBA News

Today in MBA Insights
New in today's issue of MBA Insights: In conjunction with this week's MBA National Advocacy Conference in Washington, we provide MBA's top residential issue priorities with lawmakers and regulators for 2017.
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