The Lede

Bloomberg, Apr. 30, 2018--EditorialThe editors call for clearer regulatory rules that put banks and nonbanks on equal footing; and reform of Fannie Mae and Freddie Mac that gives the private sector a greater role in the secondary mortgage market.

Mortgage Orb, Apr. 30, 2018--Patrick BarnardLangner, CEO of Blue Sage, said as mortgage lenders increasingly adopting the e-mortgage, or all-digital mortgage process, the role of the LOS and the demands placed upon it have changed and expanded.

National Mortgage News, Apr. 30, 2018--Neil Haggerty (subscription)Treasury Secretary Steven Mnuchin cast doubt Monday on Congress' tackling housing finance reform this year, saying reform of the government-sponsored enterprises is more likely to be a focus in 2019.

HousingWire, Apr. 30, 2018--Kelsey RamirezThe National Fair Housing Alliance reported in 2017, there were 28,843 reported housing discrimination complaints, of which most, 71.3%, were handled by private, nonprofit fair housing organizations. HUD, on the other hand, processed just 1,311 complaints, less than 5% of the total.

New York Times, Apr. 30, 2018--Emily BadgerWhen Sean Hannity, the popular Fox News host, was revealed this month to be a property owner and landlord of considerable scale, it highlighted how opaque the housing market has become.

HousingWire, May 1, 2018--Mark WaiRight now the average cost to originate a mortgage is close to $9,000 per loan, according to the Mortgage Bankers Association. Many disparate systems and manual labor are the key reasons for such high cost. Just by automating many of those manual tasks, the cost would drop significantly.

National Mortgage News, Apr. 30, 2018--Kate Berry (subscription)Citizens for Responsibility and Ethics in Washington on Monday asked the Federal Reserve's inspector general to investigate whether Mulvaney misled the Senate Budget Committee by claiming he had paid off his debts on a 17-acre parcel of undeveloped land in Indian Land, S.C.

Reuters, Apr. 30, 2018--Lucia MutikaniU.S. consumer prices accelerated in the year to March, with a measure of underlying inflation surging to near the Federal Reserve's 2 percent target as weak readings from last year dropped out of the calculation.