The Lede

Commercial Observer, July 23, 2018--Allison StatemanCalifornia is a state prone to natural disasters from earthquakes and mudslides to wildfires. In addition to myriad other effects, this has become a real estate concern.

National Mortgage News, July 23, 2018--Bonnie Sinnock (subscription)The limited number of places where mortgage servicers can operate without a license is getting even smaller due to state regulators' growing concerns about Consumer Financial Protection Bureau deregulation and the increased market share of nonbanks.

National Mortgage News, July 23, 2018--Ted Tozer (subscription)Former Ginnie Mae President, now with the Milliken Institute, asserts the government-sponsored enterprises are actually overcharging the low-income borrowers and first-time homebuyers they're supposed to be helping.

HousingWire, July 23, 2018--Jeremiah JensenThe online retailer will begin to manage properties for landlords of single-family rental properties and multifamily housing developments via its new property management site, Houserie.

American Banker, July 23, 2018--Andy Peters (subscription)Flush with capital and anxious about the impact of rising interest rates on monthly loan payments, more commercial real estate investors than ever are paying off their bank loans before they mature.

Mortgage Daily, July 23, 2018Freddie Mac economists slashed their estimate of industry-wide originations by more than $200 billion over the next three years.

Mortgage Daily, July 23, 2018The Foothill Ranch, California-based company's sales and marketing practices are considered strong as a result of its effective oversight of marketing materials and technology driven marketing materials, said Moody's Investors Service.

Wall Street Journal, July 23, 2018--Laura Kusisto, Nick Timiraos (subscription)Timothy J. Mayopoulos, a financial-services lawyer who as CEO helped lead the turnaround of Fannie from the depths of the financial crisis, will remain chief executive until the end of the year and yield the president title to David Benson, Fannie's chief financial officer. (MBA mention)