The Lede

Denver Post, Aug. 3, 2018--Donovan HendersonAurora Loan Services LLC will pay a $41 million fine for what the U.S. Attorney says were fraudulent loans from 2004 to 2008 under an agreement with the government announced Thursday.

Washington Post, Aug. 2, 2018--Kathy OrtonAccording to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 4.6 percent with an average 0.4 point, its highest level in nearly two months.It was 4.54 percent a week ago and 3.93 percent a year ago. (MBA mention)

MarketWatch, Aug. 2, 2018--Andrea RiquierThe Mortgage Bankers Association put it this way in their own letter: "we firmly believe that mortgage borrowing costs should not be increased to pay for non-housing-related expenditures. The loan fees charged to veterans should reflect the credit risk associated with the VA guaranty, and any fee increases that are unrelated to this risk unnecessarily raise the cost of mortgage credit for veterans."

National Mortgage News, Aug. 2, 2018--Brad Finkelstein (subscription)Xome acquired Assurant's Mortgage Solutions unit one day after its parent company Nationstar was bought by the shell company of the former Washington Mutual.

National Mortgage News, Aug. 2, 2018--Rachel Witkowski (subscription)Federal reporting requirements for mortgage data have been a moving target in recent years. Just as one set of policymakers expands reporting rules, another eases them. But bankers are starting to see more signs of clarity.

HousingWire, Aug. 2, 2018--Alcynna LloydFannie Mae reported income of $4.5 billion in the second quarter, primarily driven by an increase in credit-related income due to the redesignation of loans from held-for-investment to held-for-sale.

Mortgage Daily, Aug. 2, 2018New American Funding is rolling out a social media training program for its mortgage originators that it says will make them "social marketing geniuses."

Los Angeles Times, Aug. 3, 2018--David LazarusAmericans for Financial Reform and the Center for Responsible Lending Tuesday released results from a survey results showing that an overwhelming majority of Americans--at least 80 percent--are concerned about the Trump administration's recent efforts to curb oversight of banks and payday lenders, and the possible shutdown of a database of  consumer complaints.

HousingWire, Aug. 2, 2018--Ben LaneThe bank's parent company, Citizens Financial Group, announced this week that the bank's deal to acquire "certain net assets" of Franklin American Mortgage is finalized. The deal was originally announced back in May.

mPowering You, the Mortgage Bankers Association's Summit for Women in Real Estate Finance, takes place Saturday, Oct. 13 at the Walter E. Washington Convention Center in Washington, D.C., ahead of the MBA Annual Convention & Expo.

MBA Education presents its School of Loan Origination II instructor-guided online course from Sept. 11-27.

MBA Education presents Management Essentials for the Mortgage Professional, a four-day workshop taking place Sept. 11-14 at NorthMarq Capital in Washington, D.C.

mPowering You, the Mortgage Bankers Association's Summit for Women in Real Estate Finance, takes place Saturday, Oct. 13 at the Walter E. Washington Convention Center in Washington, D.C., ahead of the MBA Annual Convention & Expo.

mPowering You, the Mortgage Bankers Association's Summit for Women in Real Estate Finance, takes place Saturday, Oct. 13 at the Walter E. Washington Convention Center in Washington, D.C., ahead of the MBA Annual Convention & Expo.