The Lede

Washington Post, Apr. 19, 2018--Kathy OrtonAccording to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 4.47 percent with an average 0.5 point. (MBA mention)

MarketWatch, Apr. 19, 2018--Greg RobbAt a Senate Banking Committee hearing, Fed Vice Chairman for Supervision Randal Quarles was asked by Sen. Heidi Heitkamp, Democrat for North Dakota, whether a government guarantee was "essential" for "retaining" the 30-year mortgage instruments. Quarles replied: "My belief today is probably not."

The Buffalo News, Apr. 19, 2018--Matt GlynnKeyBank is ready to capitalize on the residential mortgage business it picked up from First Niagara Bank, but determined the insurance business it acquired in the same deal wasn't a good fit.

National Mortgage News, Apr. 19, 2018--Bonnie Sinnock (subscription)Ron Faris plans to retire as head of Ocwen Financial and pass on his position to former PHH Corp. CEO Glen Messina around the time Ocwen acquires PHH.

HousingWire, Apr. 19, 2018--Ben LaneCEO Stuart Miller will become the company's executive chairman. In that role, Miller will be "actively involved in all aspects of the Company's operations and continue to set the strategic direction for Lennar," the company said. Replacing Miller as CEO will be Rick Beckwitt, who has been the company's president since 2011.

National Mortgage News, Apr. 19, 2018--Elina Tarkazikis (subscription)Mortgage companies should model cybersecurity protocols after their compliance strategies to avoid being underprepared in the event of a data breach, said panelists at the recent Mortgage Bankers Association Technology Solutions Conference.

HousingWire, Apr. 19, 2018--Michael KolbrenerIt was fitting that the Mortgage Bankers Association chose Detroit, the launch pad of Rocket Mortgage, as the site for this year's Technology Solutions Conference & Expo. The "liftoff" of that disruptive, imagination-capturing product has been the catalyst for a new appreciation of what technology can do for lenders and borrowers.

MarketWatch, Apr. 19, 2018--Andrea RiquierA survey published by the New York Fed this week sheds some light on how homeowners think about their mortgage payments when they're underwater--or at least how they say they think about it.

Mortgage Daily, Apr. 19, 2018Thomas Marano replaces interim CEO Jeffrey P. Baker who took on the role in February when Anthony N. Renzi left the post. Baker will continue as president of subsidiary Reverse Mortgage Solutions Inc.

Wall Street Journal, Apr. 19, 2018--Bowdeya Tweh (subscription)The Conference Board Leading Economic Index rose 0.3% to 109, following increases with the index in January and February.

MISMO launched a new group to discuss the potential for using blockchain in the industry and invited interested parties to participate.

The Mortgage Bankers Association's annual Legal Issues and Regulatory Compliance Conference takes place Apr. 29-May 2 at the J.W. Marriott L.A. Live in Los Angeles.

The Mortgage Bankers Association's annual Legal Issues and Regulatory Compliance Conference takes place Apr. 29-May 2 at the J.W. Marriott L.A. Live in Los Angeles.

The Mortgage Bankers Association's annual Legal Issues and Regulatory Compliance Conference takes place Apr. 29-May 2 at the J.W. Marriott L.A. Live in Los Angeles.