The Lede

MarketWatch, Aug. 31, 2017--Jacob PassyHUD announced on Tuesday that it will makes changes to the reverse-mortgage program to reduce the risk the program presents to the government and taxpayers. "This is a statement that the program is important," said David Stevens, president and CEO of the Mortgage Bankers Association. "For certain seniors, it's their only option."

Washington Post, Aug. 31, 2017--Kathy Orton"Rates remained low last week as tension between North Korea and the global community continued to mount, fueling a flight to quality and keeping investors in safer U.S. Treasuries," said Joel Kan, MBA economist.

CNNMoney, Aug. 31, 2017--Jeanne SahadiTax writers are looking to replace some of the revenue they'd lose from the trillions in tax cuts they want to make. And the mortgage deduction is one of the most expensive tax breaks on the books, estimated to cost more than $80 billion a year in the next decade.

Wall Street Journal, Aug. 31, 2017--Richard Rubin (subscription)The Trump administration and top congressional officials intend to release a more detailed tax plan in the next few weeks, Treasury Secretary Steven Mnuchin said in an interview.

American Banker, Aug. 31, 2017--Kate Berry (subscription)Wells Fargo said Thursday that employees opened 3.5 million potentially unauthorized consumer accounts over a nearly eight-year period, a 67% increase from its earlier estimate.

National Mortgage News, Aug. 31, 2017--Elina Tarkazikis (subscription)The Home Ownership Equity Protection Act loan threshold rose slightly to $21,032, from $20,579. The adjusted points and fees dollar trigger for high-cost mortgages in 2018 will be $1,052, up from $1,029, according to a final rule filed in the Federal Register this week.

HousingWire, Aug. 31, 2017--Brena SwansonThe New York Department of Financial Services reminded financial institutions that the first compliance date of New York's cybersecurity regulation was on Aug. 28.

National Mortgage News, Aug. 31, 2017--Elina Tarkazikis (free article)As Hurricane Harvey continues to wreak havoc in Texas and Louisiana, servicers and other mortgage industry resources stand at the ready to help displaced homeowners. (MBA mention)

Mortgage Daily, Sept. 1, 2017Serious delinquency at Fannie Mae fell to the lowest level in the past decade. New business maintained.

Mortgage Daily, Aug. 31, 2017--Sam GarciaInterest rates on single-family loans this past week fell to the lowest level since last year, and the next report could see a similar decline.

Mortgage Daily, Aug. 31, 2017Senior executives of the Federal Home Loan Bank of Dallas have been indicted for using funds from the organization to pay for personal expenses.

HousingWire, Aug. 31, 2017--Brena SwansonBusiness started to pick up moving into the busy spring home buying season, the Mortgage Bankers Association's latest Quarterly Mortgage Bankers Performance report found.