The Lede

Top National News

Global Investors Pour Billions Into Hudson Yards in Major Bull Market Bet
Wall Street Journal, Oct. 17, 2017--Peter Grant (subscription)Much of the capital behind the mixed-use project on Manhattan's far west side is foreign.
Full Story
MBA to Congress: We’re Ready and Open to Working on Tax Reform
HousingWire, Oct. 17, 2017--Brena SwansonAs the debate around what tax reform looks like heightens, the Mortgage Bankers Association is jumping in on the conversation, saying that they support the opportunity for comprehensive tax reform.
Full Story
How Some Malls Manage to Stay Alive Years After Losing Their Mojo
Wall Street Journal, Oct. 17, 2017--Esther Fung (subscription)The U.S. has far too many malls scrambling to attract consumers at a time when online shopping is tightening its grip. That doesn't mean middling malls will die quickly, however.
Full Story
Marketplace Lenders Breathe New Life in Private Money Mortgage Funding
National Mortgage News, Oct. 17, 2017--Bonnie Sinnock (subscription)Competition among fintech, marketplace and traditional mortgage lenders often focuses on borrower-facing automation and other technology. What gets overlooked is how differences in their funding sources create another area of competition.
Full Story
Goldman Sachs Earnings Beat Expectations in Third Quarter
HousingWire, Oct. 17, 2017--Kelsey RamirezGoldman Sachs reported higher net revenue in its third quarter earnings, driven in part by higher revenue from mortgages, which helped to offset losses in fixed income, currency and commodities client execution.
Full Story
The Ten Zip Codes With the Most Valuable Land in the U.S.
Bloomberg, Oct. 17, 2017--Patrick ClarkBounded by the Pacific Ocean and two of the Los Angeles area's most exclusive country clubs, the 90402 zip code would meet most definitions of prime real estate. In fact, according to a new study, it's the most exclusive address in the U.S.
Full Story
7 Things to Look for at #MBAAnnual17
National Mortgage News, Oct. 17, 2017--Austin Kilgore, Elina Tarkazikis (free story)Industry participants are heading to Denver for the 2017 Mortgage Bankers Association Annual Convention & Expo seeking clarity and direction on many hot topics.
Full Story
What Sets Seattle’s Apartment Market Apart from the Rest of the Country?
National Real Estate Investor, Oct. 17, 2017--Bendix Anderson Thanks to affordability and strong job growth--including in Seattle's core--few new apartments are sitting vacant and rents continue to rise.
Full Story
Mortgage Origination Outlook Boosted By $249 Bil
Mortgage Daily, Oct. 17, 2017Fannie Mae upped its forecast for overall residential loan production by $249 billion.
Full Story
Marketplace Lender Offering Bridge Loans
Mortgage Daily, Oct. 17, 2017LendingHome said Tuesday that it closed on the LendingHome Opportunity Fund II with $100 million in commitments from 40 investors. The fund is committed to buying more than $1 billion in high-yield bridge loans over a two-year period.
Full Story
Ocwen Settles with Three More States to Ease Mortgage Servicing Restrictions
HousingWire, Oct. 17, 2017--Ben LaneThe nonbank disclosed Tuesday in a filing with the Securities and Exchange Commission that it reached agreements with Arkansas, Tennessee, and the District of Columbia, bringing the total number of states it's settled with to 20.
Full Story
U.S. Industrial Output Rises Slightly as Hurricanes Impact Lingers
Reuters, Oct. 17, 2017--Lucia MutikaniU.S. industrial production rebounded modestly in September as the lingering effects of Hurricanes Harvey and Irma hobbled activity at factories, but the outlook for the industrial sector remains bullish amid a strengthening global economy and weakening dollar.
Full Story

Residential Finance News

Commercial/Multifamily News

MBA News

MBA Premier Member Profile: Dart Appraisal
(One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association.) Dart Appraisal is an independent, nationwide Appraisal Management Company founded in 1993.
Full Story
MBA Premier Member Profile: Dart Appraisal
(One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association.) Dart Appraisal is an independent, nationwide Appraisal Management Company founded in 1993.
Full Story
MBA Premier Member Profile: Dart Appraisal
(One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association.) Dart Appraisal is an independent, nationwide Appraisal Management Company founded in 1993.
Full Story