The Lede

Top National News

Mortgage Rates Hold Steady Heading into Holiday Weekend
Washington Post, Aug. 30, 2018--Kathy OrtonAccording to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average moved higher for the first time in nearly a month, rising to 4.52 percent with an average 0.5 point. It was 4.51 percent a week ago and 3.82 percent a year ago. (MBA mention)
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‘$1 Million Price Drop!’ The Eager New Language of Manhattan Home Listings
Bloomberg, Aug. 30, 2018--Oshrat CarmielThe days when Manhattan homes practically sold themselves are over. Now, buyers fearful of overpaying are on the sidelines, and sellers and their brokers are looking for ways to coax them off.
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Biggest Commercial Mortgage Servicers of 2018
Mortgage Daily, Aug. 30, 2018The Mortgage Bankers Association presented the rankings as part of its Commercial/Multifamily Real Estate Mortgage Servicer Rankings Mid-Year 2018.
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Artificial Intelligence For The Mortgage Industry
Mortgage Daily, Aug. 31, 2018--Sam GarciaA host of offerings that utilize artificial intelligence to help mortgage firms become more efficient, cut costs and reduce risk have been recently launched. But there are some caveats.
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Moody’s Buying Commercial Real Estate Data Provider Reis for $278 Million
HousingWire, Aug. 30, 2018--Ben LaneReis currently provides analysis and forecasts for 275 metropolitan markets and 7,700 submarkets in multifamily, affordable housing, office, retail, student housing and senior housing.
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5 Pressure Points in CRA Reform Debate
American Banker, Aug. 30, 2018--Rachel Witkowski (subscription)How to modernize the Community Reinvestment Act has long triggered intense debate and disagreement among all the parties as banks favor expanding CRA assessment areas and consumer groups worry that a broad expansion would simply make it easier for banks to score high CRA grades.
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Consumer Spending Rises Strongly; Inflation Firming
Reuters, Aug. 30, 2018--Lucia MutikaniU.S. consumer spending increased solidly in July, pointing to strong economic growth early in the third quarter, while a measure of underlying inflation hit the Federal Reserve's 2 percent target for the third time this year.
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Residential Finance News

Commercial/Multifamily News

MBA News

Call for Speakers: MBA Whole Loan Trading Workshop–Deadline Sept. 28
The Mortgage Bankers Association's Whole Loan Trading Workshop takes place in Houston on Thursday, Nov. 8. Interested speakers are encouraged to submit proposals by Friday, Sept. 28.
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MBA Education Successful Practices in Third-Party Risk Management at MISMO Summit Sept. 28
MBA Education offers a workshop, Third-Party Risk Management, on Friday, Sept. 28 during the MISMO Fall Summit at the Ritz-Carlton in McLean, Va.
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MBA Risk Management/QA/Fraud Prevention Forum Sept. 23-25
The Mortgage Bankers Association's annual Risk Management, QA and Fraud Prevention Forum takes place Sept. 23-25 in Los Angeles.
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MBA Partners with HousingWire for Conference Sept. 13-14
The Mortgage Bankers Association announced it is an Association Partner for the HousingWire Conference, taking place Sept. 13-14 at the Renaissance Dallas Hotel.
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