The Lede

National Mortgage News, Oct. 5, 2018--Bonnie Sinnock (subscription)Nonbank mortgage brokers and lenders employed 345,500 people in August, according to the Bureau of Labor Statistics. There were 345,300 people employed by nonbank mortgage production companies in July, when employment had dropped after three months of consecutive seasonal gains.

Wall Street Journal, Oct. 5, 2018--Esther Fung (subscription)The lawsuit, which also alleged wrongful termination and pay discrimination, was filed last year against Bruce Schanzer, CEO and president of Cedar Realty Trust Inc., a real-estate investment trust based in Port Washington, N.Y., that owns 61 shopping centers.

UExpress, Oct. 5, 2018--Lew SichelmanIt often takes 10 weeks for wannabe homebuyers to find the right house--sometimes much longer, if they're in a part of the country with low inventory.

Orange County Register, Oct. 7, 2018--Jeff LazersonIs renting a better move than buying? Is staying put a better move than selling your residence to buy that McMansion you've been eyeing? Here are some rent-vs.-buy comparisons at three different price points. (MBA mention)

Wall Street Journal, Oct. 5, 2018--Emily Glazer (subscription)JPMorgan Chase & Co. is laying off about 400 employees in its consumer mortgage banking division as parts of the market slow down, people familiar with the matter said.

American Banker, Oct. 5, 2018--Neil Haggerty (subscription)At a Senate Banking Committee hearing last week, Fed Vice Chairman of Supervision Randal Quarles, Federal Deposit Insurance Corp. Chairman Jelena McWilliams, Comptroller of the Currency Joseph Otting and National Credit Union Administration Chairman J. Mark McWatters discussed their progress in updating capital requirements, modernizing how they enforce the Community Reinvestment Act and continuing to deal with the continuing enforcement issues at Wells Fargo.

Mortgage Daily, Oct. 5, 2018New mortgage business surged this past week as a four-month high was reached for government activity, according to the Mortgage Daily U.S. Mortgage Market Index for the week ending Oct. 5.

HousingWire, Oct. 8, 2018--Ben LaneNewly sworn-in Supreme Court Justice Brett Kavanaugh believes the Consumer Financial Protection Bureau, as it is currently structured, is unconstitutional. And he's written as much.

National Real Estate Investor, Oct. 5, 2018--Shahin Yazdi Bridge loans may be the right financing strategy for value-add investors with a clear plan to increase property income.

Join industry trailblazers Bill Emerson and Anthony Hsieh as they discuss the future of mortgage lending at the Mortgage Bankers Association's Annual Convention & Expo, Oct. 14-17 in Washington, D.C.