The Lede

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Credit Standards Tighten in February
Mortgage Professional America, Mar. 12, 2018--Francis MonfortCredit standards tightened in February from January, according to a report from the Mortgage Bankers Association.
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Report of the 30-Year Mortgage’s Death was an Exaggeration
National Mortgage News, Mar. 12, 2018--Brad Finkelstein (subscription)If government-sponsored enterprise reform leads to the 30-year mortgage's demise, homebuyers' monthly payments could soar by $400, Zillow estimated. But lenders aren't convinced this housing finance staple is in danger of being replaced.
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Housing Affordability Crisis? Maybe Not, According to New Data
The Mortgage Reports, Mar. 12, 2018--Aly J. YaleThere's a lot of talk about the housing affordability crisis faced by Millennial home buyers. But according to new data from Trulia, today's buyers are actually enjoying a much more affordable market than their parents did 40 years ago.
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Amazon Could Seize Opportunity in Fractured Mortgage Market
Inman, Mar. 12, 2018--Veronika BondarenkoE-commerce giant might be considering a move into lending, a huge departure from its business model that would require working through a lot of red tape.
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CMBS Delinquency Rates Improve Except for Retail Property Loans
National Mortgage News, Mar. 12, 2018--Brad Finkelstein (subscription)With the exception of the troubled retail sector, delinquency rates across property types supporting commercial mortgage-backed securities were mostly flat to declining in February compared with January, Fitch Ratings said.
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Mortgage Service Provider Hiring
Mortgage Daily, Mar. 12, 2018Based in Bethesda, Md., Oakleaf is preparing for an increase in business for loans that don't meet Qualified Mortgage requirements.
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More Mortgage LOs Leave Banks for Non-Banks
Mortgage Daily, Mar. 12, 2018As the number of residential loan originators grew last year, a bigger share of the group found themselves working at non-bank lenders for the second year in a row.
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Senate Bill Would Diminish Mortgage Disclosures by Banks
Associated Press, Mar. 12, 2018Proponents of narrowing the scope of Home Mortgage Disclosure Act requirements say they unfairly affect smaller, rural banks that are trying to remain active in mortgage lending. There are a lot of banks that make a relatively small number of mortgage loans, said Michael Fratantoni, chief economist at the Mortgage Bankers Association.
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Why HSBC is Getting Back into Mortgages
American Banker, Mar. 12, 2018--Laura Alix (subscription)You could be forgiven for wondering if this is a weird time for HSBC to get back into U.S. mortgage lending.
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Flagstar Closes on Santandar Bank Mortgage Warehouse Portfolio Acquisition
HousingWire, Mar. 12, 2018Flagstar Bank announced Monday it closed on the purchase of the mortgage warehouse loan portfolio from Santander Bank, which included $1.7 billion in mortgage warehouse loan commitments.
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Blackstone REIT Triples Industrial Holdings With $1.8 Billion Deal
Bloomberg, Mar. 12, 2018--Noah BuhayarThe Canyon Industrial Portfolio includes 146 warehouses and distribution centers concentrated in and around Chicago, Dallas, Baltimore, Washington, D.C., Los Angeles and South and Central Florida, according to a statement from Blackstone on Monday.
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U.S. Inflation Expectations Rise: New York Fed Survey
Reuters, Mar. 12, 2018--Jonathan SpicerU.S. inflation expectations edged higher last month, with one measure hitting its highest level in a year, according to a Federal Reserve Bank of New York survey published Monday that adds to signs of price pressures.
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