The Lede

The Hill, Oct. 31, 2017--Sylvan LaneHensarling, R-Texas, chairman of the House Financial Services Committee, will be forced to step down after three terms leading the panel due to GOP rules.

Mortgage Professional America, Oct. 31, 2017Commercial and multifamily originations are expected to increase by the end of 2017 before tem, the Mortgage Bankers Association said.

CTPost (Conn.), Oct. 31, 2017--Alexander SouleIn September, Connecticut was the lone state in the nation to see a decline in borrowers misrepresenting facts on mortgage loan applications, according to First American Financial Corp.

National Mortgage News, Oct. 31, 2017--Brian Collins (subscription)A private-label securities settlement, portfolio asset sales and greater interest among smaller lenders helped Freddie Mac compensate for potential losses stemming from the catastrophic hurricane season, the mortgage giant said Tuesday.

HousingWire, Oct. 31, 2017--Kelsey RamirezThe GSE revealed it intends to continue expanding its pilot program before making it available to all of its customers in 2018. "We identified lenders that met our pilot criteria and were willing to participate and we will continue to add more lenders as we scale the program," Fannie Mae said.

Bloomberg, Oct. 31, 2017--Matthew BoeslerOccupied housing units in the U.S., a measure used to track household formation, rose by just 0.3 percent in the year through September, marking the slowest rate of growth since 2010.

Mortgage Daily, Oct. 31, 2017New business was up for the second consecutive month at Fannie Mae, though just slightly. Residential loan delinquency turned up 2 basis points from a nearly decade low.

Bloomberg, Oct. 31, 2017--Justin FoxIt's hard to work where you can't afford to live.

Mortgage Daily, Oct. 31, 2017Guild Mortgage Co. reported an expanded servicing portfolio and record year-to-date originations in the third quarter.

New York Times, Oct. 31, 2017--Jim Tankersley, Thomas Kaplan, Alan Rappeport"We're trying to see, and evaluate with a calculator at the end of the day, are the incentives going to be right to help the economy to grow?" said David Stevens, president of the Mortgage Bankers Association, whose industry has much at stake in the rewrite of the tax code.

National Mortgage News, Oct. 31, 2017--Ian McKendry (subscription)In a somewhat surprising decision, House Financial Services Committee Chairman Jeb Hensarling announced his retirement from Congress on Tuesday, but speculation immediately grew that he could fill a regulatory post in the Trump administration.

HousingWire, Oct. 31, 2017--Brena SwansonWith rising home prices seemingly on a never-ending trajectory, lenders are left to adjust how they do business to ensure they stay competitive and profitable.

Bloomberg, Oct. 31, 2017--Prashant GopalThe share of Americans who own their homes was 63.9 percent in the third quarter, according to a Census Bureau report Tuesday. It was up from 63.7 percent in the previous three months and 63.5 percent a year earlier.

Milliman is dedicated to delivering customized and cost-effective solutions to measuring and managing the unique risks associated with originating and servicing mortgages, providing credit enhancement and conducting risk share analytics.

Milliman is dedicated to delivering customized and cost-effective solutions to measuring and managing the unique risks associated with originating and servicing mortgages, providing credit enhancement and conducting risk share analytics.

Milliman is dedicated to delivering customized and cost-effective solutions to measuring and managing the unique risks associated with originating and servicing mortgages, providing credit enhancement and conducting risk share analytics.