The Lede

Dodd-Frank Update, Apr. 10, 2018 (subscription)MBA Vice President of Industry Analysis Marina Walsh told Dodd-Frank Update that declining refinance volume is a major reason for the drop in revenue, but she believes independent mortgage bankers are up to the challenge of finding purchase borrowers to close that gap over time.

Wall Street Journal, Apr. 10, 2018--Laura Kusisto, Christina Rexrode (subscription)Roughly one in five conventional mortgage loans made this winter went to borrowers spending more than 45% of their monthly incomes on their mortgage payment and other debts, the highest proportion since the housing crisis, according to new data from mortgage-data tracker CoreLogic Inc.

National Mortgage News, Apr. 10, 2018--Brad Finkelstein (subscription)The future secondary mortgage market entities will receive high investment grade ratings, even as there is no clarity on their scope or form, Fitch Ratings said.

HousingWire, Apr. 10, 2018--Kelsey RamirezHomeowners are growing closer to estimating their home's appraised value, according to the latest Home Price Perception Index from Quicken Loans.

Mortgage Daily, Apr. 10, 2018Not only did originators lift annual commercial real estate lending volume last year, they pushed it past the pre-crisis record level, the Mortgage Bankers Association said.

Mortgage Daily, Apr. 10, 2018Bids are being accepted on an offering of MSRs on 24,594 single-family loans with a collective unpaid principal balance of $6.148 billion.

Wall Street Journal, Apr. 10, 2018--Esther Fung (subscription)Real estate services firm Cushman & Wakefield is partnering with Real Insight Marketplace, an online auction platform, to help Sears sell 16 profitable store locations.

National Mortgage News, Apr. 10, 2018--Rachel Witkowski, Victoria Finkle (subscription)Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, is headed back to Congress this week, only this time he'll be the one under fire.

Bloomberg, Apr. 11, 2018--Oshrat CarmielLast year, 72 percent of the most-expensive properties in the U.S. took longer than 180 days to sell, a sharp jump from 2015, when 59 percent of homes lingered for that long, according to a report Wednesday by Concierge Auctions.

Reuters, Apr. 11, 2018--Patrick RuckerThe Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic shock.

Reuters, Apr. 10, 2018--Lucia MutikaniU.S. producer prices increased more than expected in March, boosted by rising healthcare and food costs, pointing to a steady buildup of inflation pressures.