The Lede

GoRion, Mar. 14, 2017--Sam BourgiTechnological innovation is disrupting every aspect of the financial industry. Experts say the $14 trillion mortgage market could be next.

Forbes, Mar. 14, 2017--Ellen ShengChinese investors were the single largest group of foreign investors in commercial real estate in the U.S. last year, with deal volumes reaching a record high of $19.2 billion, up 10 percent from $17.3 billion in 2015.

Chicago Tribune, Mar. 14, 2017--Kenneth HarneyThe Trump administration may not be fond of Federal Housing Administration-insured mortgages--the president canceled a cut in fees for new loan applicants as one of his first official actions--but millennial homebuyers apparently are big fans.

Mortgage Daily, Mar. 14, 2017As the sale of Banc of California Inc.'s mortgage business approaches, the financial institution has disclosed plans to layoff more than a hundred employees.

Mortgage Daily, Mar. 14, 2017--Sam GarciaFrom the board room to the C suites, mortgage firms are making executive changes. In addition, two companies made management changes in their wholesale divisions.

Wall Street Journal, Mar. 14, 2017--Andrew Ackerman (subscription)President Donald Trump on Tuesday picked J. Christopher Giancarlo to head the Commodity Futures Trading Commission, elevating a critic of the commission's approach to postcrisis rules as its new chief.

HousingWire, Mar. 14, 2017--Ben LaneFannie Mae announced Tuesday that it sold a large portfolio of non-performing loans to private equity funds, one of which is a subsidiary of Goldman Sachs. The sale, which was originally announced last month, consisted of 9,400 non-performing loans that carry an unpaid principal balance of $1.68 billion.

World Property Journal, Mar. 14, 2017--Michael GerrityAccording to the Mortgage Bankers Association's most recent Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans remained low in the fourth quarter.

CNN, Mar. 14, 2017--William PooleThe Federal Reserve bailed out Bear Stearns on March 14, nine years ago. What has the Fed learned from that mistake? Not enough, perhaps.

Wall Street Journal, Mar. 14, 2017--Esther Fung (subscription)As more shoppers tote smartphones while browsing in stores, shopping-center owners are tracking their movements and spending habits to try to figure out how best to arrange stores and mall layouts to boost shopping activity.

National Mortgage Professional, Mar. 14, 2017--Phil HallMortgage applications for new home purchases increased from January to February by 16 percent, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS). On a year-over-year measurement, applications were up 2.2 percent.

National Mortgage News, Mar. 14, 2017--Brian Collins (subscription)Sen. Mike Rounds, R-S.D., suggested Tuesday that the National Flood Insurance Program should boost its insurance coverage to $427,000 from $250,000 in an effort to put it on sounder fiscal footing.

National Mortgage News, Mar. 14, 2017--Bonnie Sinnock (subscription)The mortgage workforce is transforming. Dramatic shifts in consumer demand for home loans and expectations about the borrowing experience are requiring lenders to take a hard look at how they staff their operations.

HousingWire, Mar. 14, 2017--Ben LaneWalter Investment Management Corp. announced Tuesday morning that it posted a loss in each quarter of 2016, finishing the year with a net loss of $22.2 million in the fourth quarter.

MBA Education presents the first of a two-part webinar series, Warehouse Lending I: The Basics of Warehouse Lending, today, Mar. 15 from 2:00-3:30 p.m. ET.