The Lede

CNBC, Oct. 4, 2017--Diana OlickMortgage application volume slipped 0.4 percent last week, the Mortgage Bankers Association said. Volume now stands 24 percent lower than a year ago.

Mortgage Orb, Oct. 4, 2017--Chris BackeBetween 2014 and 2024, the industry is expected to add more than 24,000 loan officers. For most of these mortgage sales rookies, the biggest challenge will be getting business and learning how to communicate with borrowers.

Los Angeles Times, Oct. 4, 2017--Lauren RaabAs it looks to win back trust after a scandal over its sales practices, the San Francisco bank said it will reach out to customers who paid so-called "rate-lock extension" fees from Sept. 16, 2013, through Feb. 28, 2017, and give refunds to customers who don't think they should have paid.

Wall Street Journal, Oct. 4, 2017--AnnaMaria Andriotis, Michael Rapoport, Christina Rexrode (subscription)Senators questioning Equifax Inc.'s former chief on Wednesday attacked the business model of the credit-reporting industry, asking why consumers shouldn't have power over the data that the companies collect on them.

National Mortgage News, Oct. 4, 2017--Elina Tarkazikis (subscription)In housing markets dominated by young borrowers, millennials took an even bigger share of overall mortgage activity in August.

HousingWire, Oct. 4, 2017--Ben LaneOcwen announced the Securities and Exchange Commission concluded two different examinations of the nonbank's business, and said that the agency will not be seeking enforcement actions in either matter.

Reuters, Oct. 4, 2017--Richard LeongU.S. companies scaled back their hiring to an 11-month low in September after two powerful hurricanes disrupted some business activities, while the vast domestic services sector overcame those snags to expand at its fastest pace in 12 years.

National Real Estate Investor, Oct. 4, 2017--Beth Mattson-TeigProperty values have surged steadily higher in the prolonged recovery. But that high tide isn't raising all boats as some metros are still falling short of 2007 pricing.

Mortgage Daily, Oct. 4, 2017MSRs on 1,415 Fannie Mae and Freddie Mac home loans with an aggregate unpaid principal balance of $339 million have been put up for auction. California properties secure 52 percent of the loans in the offering.

Mortgage Daily, Oct. 4, 2017Freddie Mac disclosed Wednesday that it sold 3,514 single-family loans with a collective unpaid principal balance of $817 million through a seasoned loan structured transaction.

MarketWatch, Oct. 5, 2017--Jacob PassyPrivately held mortgage banking firm CMG Financial has launched HomeFundMe--a pilot crowdfunding service that's the first to receive approval from Fannie Mae and Freddie Mac.

National Mortgage News, Oct. 4, 2017--Kate Berry (subcription)In an interim rule, the Consumer Financial Protection Bureau said Wednesday that it would give mortgage servicers more time to send early intervention notices to distressed borrowers who have asked not to be contacted about collection of their debts.

HousingWire, Oct. 4, 2017--Kelsey RamirezRanking Member of the House Committee on Financial Services Maxine Waters, D-Calif., introduced The Megabank Accountability and Consequences Act Wednesday in a press conference.

Commercial Property Executive, Oct. 4, 2017--Paul FiorillaWhile economists foresee little chance of a recession in the near term, potential policy changes could affect the U.S. economy and commercial real estate values.

MBA Education and Compliance Essentials will host a new webinar, Recent FCRA Regulation, Enforcement & Litigation Updates this Thursday, Oct. 5 from 2:00-3:30 p.m. ET.