The Lede

Wall Street Journal, June 13, 2017--Peter Grant; Richard Rubin (subscription)To finance a possible tax rate cut, some in Congress are eyeing the provision, which allows sellers to defer capital-gains taxes by reinvesting in other properties.

Reuters, June 13, 2017--Richard LeongU.S. commercial real estate loans outstanding topped $3 trillion for the first time ever at the end of the first quarter, the Mortgage Bankers Association said on Tuesday.

National Mortgage News, June 13, 2017--Bonnie Sinnock (subscription)While defaults and delinquencies are returning to pre-crisis levels, new compliance obligations that came out of the Great Recession have kept the cost to service mortgages elevated.

HousingWire, June 13, 2017--Brena SwansonDemocrats came out vehemently against the new U.S. Treasury report on the financial market that recommends gutting the Consumer Financial Protection Bureau and overhauling mortgage regulation.

Reuters, June 13, 2017--Lucia MutikaniU.S. producer prices were unchanged in May as energy costs recorded their biggest decline in more than a year, suggesting a moderation in inflation after a rise at the start of the year.

Reuters, June 13, 2017--Lindsay DunsmuirThe U.S. Federal Reserve is widely expected to raise its benchmark interest rate this week due to a tightening labor market and may also provide more detail on its plans to shrink the mammoth bond portfolio it amassed to nurse the economic recovery.

Mortgage Daily, June 13, 2017An opinion issued by the nation's highest court in a case involving a defaulted car loan could impact interpretation of the Real Estate Settlement Procedures Act.

Mortgage Daily, June 13, 2017Changes next month by the credit reporting agencies aren't expected to have a significant impact on Fannie Mae's policies or requirements.

Reuters, June 13, 2017--Elizabeth DiltsMorgan Stanley is developing a new digital mortgage application tool in a bid to get more of its existing clients to turn to it for home loans.

National Mortgage News, June 13, 2017--Ian McKendry (subscription)A key Republican lawmaker welcomed Treasury Department recommendations on how to reform financial regulations and expressed optimism that many of the suggestions could become law.