The Lede

CNN Money, Mar. 22, 2017--Chris IsidoreSears Holdings, the holding company for the two iconic retail brands--Sears and Kmart, warned investors late Tuesday that it can't promise it will stay in business.http://money.cnn.com/2017/03/22/news/companies/sears-kmart-future/index.html

CNBC, Mar. 23, 2017--Diana OlickTotal mortgage application volume fell 2.7 percent last week from the previous week, according to the Mortgage Bankers Association. The seasonally adjusted tally stands nearly 12 percent lower than a year ago.

Reuters, Mar. 22, 2017--Lucia MutikaniU.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers.

CNBC, Mar. 22, 2017--Tim MullaneyGundlach, CEO of DoubleLine Capital, is betting that the best way to play the coming rate hikes is by holding lots of mortgages, which comprise nearly 60 percent of the holdings of his exchange-traded fund Ticker.

Wall Street Journal, Mar. 22, 2017--Stephanos Chen (subscription)Of 12 major U.S. metro areas, Chicago has the most cranes working on residential construction projects. Seattle comes in second.

HousingWire, Mar. 22, 2017--Ben LaneLast year, the share of homes bought with cash fell to the lowest level since 2007, to 32.1 percent, said CoreLogic.

HousingWire, Mar. 22, 2017--Kelsey RamirezThe HPI increased every month since early 2012, the only exception being November 2013 and now, January, when home prices remained flat on a month-over-month basis.

Mortgage Daily, Mar. 22, 2017--Sam GarciaPlans to increase spending on social media resources during 2017 reflect the significance of the medium, with three-quarters of bankers calling it important.

Bloomberg, Mar. 22, 2017--Caleb Melby; David KocieniewskiThe Manhattan tower co-owned by the family of Jared Kushner, President Donald Trump's son-in-law, has been losing money for three years and faces increasing loan fees in 2017, which may explain why the family has been negotiating with Chinese insurance behemoth Anbang on new financing.

Mortgage Daily, Mar. 22, 2017Black Knight Financial Services reported for the third month in a row, the share of mortgages that were past due at least one month or in the foreclosure process has moved lower.

HousingWire, Mar. 22, 2017--Ben LaneThe nonbank announced Wednesday that it named Amar Patel, who previously spent 10 years with the company, as its interim chief financial officer.

The first MBA Mortgage Action Alliance Quarterly Advocacy Update Webinar of 2017 will take place today, March 23 at 2:00 p.m. ET.