The Lede

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Mortgage Lender LoanDepot Sees Real Estate Agents as Key in Next Phase of Fintech
Dallas News, Jan. 23, 2018--Dakin Campbell; Claire BostonLoanDepot Inc., a mortgage lender basing its growth around digital applications, isn't giving up on humans' role in the home-buying process just yet.
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Hurricanes Blamed for New Spike in Mortgage Delinquencies
The impact of Hurricanes Harvey and Irma continue to bedevil the housing market, as Black Knight determined the hurricane-related fallout was a primary factor in having an additional 60,000 mortgages becoming 90 days delinquent last month.
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CFPB Drops Probe into Lender that Gave to Mulvaney
American Banker, Jan. 23, 2018--Kate Berry (subscription)The Consumer Financial Protection Bureau has dropped a probe into an installment lender that had been accused of trying to profit from repeat borrowers.
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Court to Expedite Appeal in CFPB Leadership Fight
National Mortgage News, Jan. 23, 2018--Kate Berry (subscription)A federal appeals court on Tuesday agreed to expedite the appeal brought by Leandra English, the deputy director of the Consumer Financial Protection Bureau who has sought to unseat acting Director Mick Mulvaney.
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Sounding the Alarm: Mortgage Wire Fraud is a Much Bigger Threat Than You Realize
HousingWire, Jan. 23, 2018--Joseph MurinThe speed at which these scams are evolving, and the lengths scammers are willing to go to in order to fool us are at once impressive and terrifying. The latest iteration of wire fraud is one that will take an entire industry to stamp out.
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California Dreaming About California Housing
Bloomberg, Jan. 23, 2018Commutes are long and rents exorbitant in a state that's too short of housing. A new proposal could help break the logjam.
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Flagstar Bancorp reports 4Q Loss
Associated Press, Jan. 23, 2018Flagstar Bancorp Inc. on Tuesday reported a fourth-quarter loss of $45 million, after reporting a profit in the same period a year earlier.
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Multifamily Borrowers Have a Wide Field of Options for Mezzanine Debt
National Real Estate Investor, Jan. 23, 2018--Bendix AndersonMultifamily investors have lots of options to choose from if they want to take out a mezzanine loan in addition to the primary mortgage on their property.
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Leaked Mulvaney Memo: CFPB Must End Regulation by Enforcement
HousingWire, Jan. 23, 2018--Caroline BasileA leaked memo attributed to Consumer Financial Protection Bureau Acting Director Mick Mulvaney says the bureau's mission and governing mission is going to be refocusing on ending regulation by enforcement.
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Mortgage Delinquency at 2-Year High
Mortgage Daily, Jan. 23, 2018Thirty-day mortgage delinquency soared to a two-year high, while serious delinquency climbed to a 19-month high. But foreclosure starts were the fewest since the recession.
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Twitter COO Hired as SoFi CEO
Mortgage Daily, Jan. 23, 2018Marketplace lender SoFi, which includes mortgages among its consumer credit offerings, has hired the chief operating officer of Twitter as its chief executive officer.
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