The Lede

HousingWire, June 4, 2018--Ben LaneCharitable proceeds from the event will benefit the Mortgage Bankers Association's Open Doors Foundation, which provides financial relief to families during a time of crisis.

CNBC, June 4, 2018--Diana OlickHurricane season has begun and it looks like it will weigh on the housing market.

Bankrate, June 4, 2018--Barry BridgesWhat factors contributed to online lenders quadrupling their market share in six years? Other findings in The Role of Technology in Mortgage Lending suggest that convenience and efficiency played significant roles.

Bloomberg, June 4, 2018--Prasant Gopal (subscription)First-time buyers accounted for 46 percent of new mortgages (excluding refinancings) that Freddie Mac backed in the first quarter, their biggest quarterly share in data going back to 2012.

Mortgage Daily, June 4, 2018Guaranteed Rate Inc., which has seen its headcount grow by more than a thousand people over the past three years, expects to hire a record number of new employees this year to handle expected record originations.

Mortgage Daily, June 4, 2018On Monday, CIT Group Inc. said it completed the sale of its Financial Freedom reverse mortgage unit.

Washington Post, June 4, 2018--Kenneth R. HarneyMichael Fratantoni, chief economist for the Mortgage Bankers Association, the industry's largest trade group, says the "typical" lender in the U.S. may "not be profitable" when the books are closed on the first quarter.

National Mortgage News, June 4, 2018--Brad Finkelstein (subscription)With the Consumer Financial Protection Bureau in the midst of reviewing the qualified mortgage rule, mortgage lenders and the secondary market are closely watching to see if the more industry-friendly bureau will loosen some of the consumer protections established by the Dodd-Frank Act provision.

Wall Street Journal, June 5, 2018--Lauren Weber (subscription)Financial-service companies occupy half the spots on a list of the 12 employers that paid the most in legal disputes over pay for workers since 2000, said Good Jobs First, an organization that tracks legal violations at large companies.

National Mortgage News, June 4, 2018--Bonnie Sinnock (subscription)Black Knight has acquired HeavyWater, a developer of artificial intelligence and machine learning technology for the mortgage industry, and plans to incorporate the startup's borrower data verification and other automation capabilities into its existing product suite.

HousingWire, June 5, 2018--Ben LaneSunTrust is in compliance with all of the servicing requirements of the National Mortgage Settlement, the settlement's monitor said in a report published early Tuesday.