The Lede

Urban Institute, Apr. 17, 2018--Laurie Goodman, June ZhuThe authors say access to mortgage credit remains overly tight in part because we are not measuring the credit risk of renters appropriately. For many renters, the most significant financial commitment is paying monthly rent, yet traditional credit scoring does not account for borrowers who meet their commitment month after month.

Bloomberg, Apr. 17, 2018--Matt LevineRegulators and prosecutors made it incredibly tedious for Bank of America to be in [the mortgage] business, and now Bank of America...just...isn't.

National Mortgage News, Apr. 17, 2018--Bonnie Sinnock (subsription)While the West Coast still reigns as the epicenter of technology development, the Detroit area has quietly emerged as a proving ground for digital mortgage innovations.

Detroit Free Press, Apr. 17, 2018--John GallahgerQuicken Loans founder and chair Dan Gilbert and top aide Bill Emerson said Tuesday that Quicken ranked as the nation's largest retail mortgage lender for the second quarter in a row in early 2018. Gilbert and Emerson spoke Tuesday morning at a Mortgage Bankers Association technology expo at the Detroit Marriott Renaissance Center.

National Mortgage News, Apr. 17, 2018--Bonnie Sinnock (subscription)"Over time public players [become] material competitors or acquire them," Chris Gamaitoni, managing director at Compass Point Research and Trading, said during the Mortgage Bankers Association's technology conference in Detroit.

HousingWire, Apr. 17, 2018--Jacob GaffneyAccording to the Mortgage Bankers Association's Annual Mortgage Bankers Performance Report, independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017, down from $1,346 per loan in 2016.

HousingWire, Apr. 17, 2018--Sarah WheelerThe disruption of the mortgage industry has begun, but it is far from over. A panel of blockbuster leaders assembled at the MBA Technology Solutions Conference in Detroit on Tuesday discussed the current state of the industry and what they're forecasting for the next five years.

Mortgage Daily, Apr. 17, 2018While there was no month-over-month change in serious mortgage delinquency, there was a year-over-year improvement. Miami saw a significant increase.

Mortgage Daily, Apr. 17, 2018Residential production at the Federal Housing Administration was the lowest it's been in three years. An improvement was reported for single-family delinquency.

Business Insider, Apr. 17, 2018--Wolf RichterBanks are ramping up the extension of commercial real estate loans. CRE prices peaked in 2016 and are now flat-lining, which is partially due to the downturn of malls and traditional retail. Office and lodging buildings have been hit hard too.