The Lede

CNBC, Apr. 11, 2018--Diana OlickTotal mortgage application volume fell 1.9 percent, seasonally adjusted, from the previous week, according to the Mortgage Bankers Association. Volume was 5.5 percent lower than the same week one year ago.

National Mortgage Professional, Apr. 11, 2018--Phil HallThe Mortgage Bankers Association commemorated the 50th anniversary of the passage of Title VIII of the Civil Rights Act, also known as the Fair Housing Act.

National Mortgage News, Apr. 11, 2018--Elina Tarkazikis (subscription)When borrowers take their first steps toward homeownership, they preselect potential homes online, e-sign their offers and can engage in bidding wars entirely from their phones. But this almost completely digital experience comes to a "screeching halt" at the mortgage process, explained Michael Fratantoni, chief economist and SVP of research and industry technology at the Mortgage Bankers Association.

Wall Street Journal, Apr. 11, 2018--Aaron Back (subscription)Big Wall Street banks like Goldman Sachs and Morgan Stanley won't get the relaxation of capital requirements that they hoped for under the Trump administration. That is the key takeaway from proposed changes to the annual stress test process announced by the Federal Reserve Tuesday.

National Mortgage News, Apr. 11, 2018--Bonnie Sinnock (subscription)The New York Department of Financial Services is fining Nationstar Mortgage $5 million for failing to comply with servicing and origination regulations as it grew between 2012 and 2014.

DS News, Apr. 11, 2018--Radhika OjhaAppearing before the House Financial Services Committee, Consumer Financial Protection Bureau Acting Director Mick Mulvaney. "The bureau is not designed to be accountable and my work there is aimed towards one end goal: to make the bureau more accountable."

HousingWire, Apr. 11, 2018--Ben LaneBank of America revealed Wednesday that it is launching a digital mortgage platform, which allows customers to complete the mortgage application process either via their mobile device or on Bank of America's website.

Mortgage Daily, Apr. 11, 2018--Sam GarciaAmong the more than 50 events on Mortgage Daily's Mortgage Conference Calendar for the second quarter are multiple annual trade group conventions, a roundtable and several workshops.

Mortgage Daily, Apr. 11, 2018Winning bidders have been announced in the auction of nearly $2 billion in reperforming government-sponsored enterprise residential loans.

National Mortgage News, Apr. 11, 2018--Victoria Finkle (subscription)Wednesday's announcement, anticipated by some for months, could heighten pressure to move a pending regulatory relief bill as soon as possible--well ahead of the November elections that will determine which party leads the chamber next term.

Bloomberg, Apr. 11, 2018--Craig TorresFederal Reserve officials leaned toward a slightly faster pace of tightening at their March meeting as their growth outlook and confidence in hitting their inflation target strengthened, according to minutes released Wednesday.

The Mortgage Bankers Association's annual State & Local Workshop takes place Apr. 23-24 at the Capital Hilton in Washington, D.C., in conjunction with the MBA National Advocacy Conference (Apr. 24-25).

The Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.