The Lede

Washington Post, Feb. 15, 2018--Kathy OrtonAccording to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average shot up to 4.38 percent with an average 0.6 point.

National Mortgage Professional, Feb. 15, 2018--Phil HallOne day after Fannie Mae reported a net loss of $6.5 billion in the fourth quarter of 2017 and the need for a $3.7 billion from the Treasury Department, Freddie Mac reported a $3.3 billion fourth quarter loss and the need for a $300 million Treasury draw.

Wall Street Journal, Feb. 15, 2018--Christina Rexrode (subscription)U.S. Bancorp, the biggest regional bank in the country, was fined $613 million Thursday for what regulators and prosecutors said were shoddy anti-money-laundering controls.

Mortgage Daily, Feb. 15, 2018Quarterly business ascended to a record high at National Mortgage Insurance Corp. As the book of business grew, so did delinquency.

Mortgage Daily, Feb. 15, 2018An analysis of the rate some minorities are turned down for a home loan versus their white counterparts drew a sharp response from the Mortgage Bankers Association.

National Mortgage News, Feb. 15, 2018--Ian McKendry (subscription)Despite a legislative push by some senators and other stakeholders to jump-start housing finance reform, efforts to form consensus over a bill once again are stuck in neutral.

HousingWire, Feb. 15, 2018--Ben LaneAccording to the U.S. Attorney's Office for the Eastern District of New York, Edward Sypher, Jr. and Matthew Voss, who are senior executives at Vanguard Funding, pleaded guilty to conspiring to commit wire and bank fraud in connection with the scheme.

HousingWire, Feb. 15, 2018--Ben LaneGoldman Sachs forgave more than $73.5 million in mortgage debt in the last few months, as the financial giant works to meet a $1.8 billion consumer relief obligation that's part of the company's $5 billion settlement reached in April 2016 over toxic mortgage bonds.

American Banker, Feb. 15, 2018--Bryan Yurcan (subscription)Fintech firm Roostify completed a $25 million Series B round of financing that involved investments from several banks.

Bloomberg, Feb. 16, 2018--Patrick ClarkAs Wall Street's rental-home industry matures from its early days of frenzied homebuying after the foreclosure crisis, upstarts such as Promise are turning to cheaper houses that have largely been cast aside by big, established landlords.

Reuters, Feb. 15, 2018--Lucia MutikaniU.S. producer prices accelerated in January, boosted by strong gains in the cost of gasoline and healthcare, offering more evidence that inflation pressures were building up.

MBA Education presents a webinar, Customer Trust: How to Measure It & How to Improve It?, on Wednesday, Feb. 21 from 2:00-3:30 p.m. ET

MBA Education presents a webinar, Tax Reform: Important Considerations for Mortgage Companies, on Tuesday, Feb. 20 from 2:00-3:30 p.m. ET.