The Lede

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Three Reasons to Worry About the Housing Market
CBS News, Sept. 10, 2018--Anthony MirhaydariStorm clouds are gathering in the housing market as the Federal Reserve pushes interest rates higher, part of its ongoing fight to keep a lid on inflation. Higher rates weigh on home affordability and thus depress demand.
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Can We Survive the Next Financial Crisis?
Bloomberg, Sept. 10, 2018--Yalman OnaranA decade later, amid signs of new asset bubbles, a big question is whether the steps taken after the crisis have made that system strong enough to withstand the next shock.
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Boston Fed President Backs Quarterly Rate Increases
Wall Street Journal, Sept. 10, 2018--Nick Timiraos (subscription)Eric Rosengren says continuing the current pace would push rates closer to a neutral level that would neither spur nor slow growth.
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Closing the Digital Mortgage Gap
National Mortgage News, Sept. 10, 2018--Various Staff (free story)It's been nearly three years since a watershed moment propelled the concept of a digital mortgage into the public consciousness and sent the industry into a frenzy of innovation and investment.
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House Republicans Unveil Plan to Make Individuals’ Tax Cuts Permanent
Wall Street Journal, Sept. 10, 2018--Siobhan Hughes, Ann Tergesen (subscription)House Republicans have introduced legislation to lock in cuts to individual tax rates beyond 2025, a proposal that will have trouble advancing in the Senate but which sends a signal about GOP priorities ahead of competitive midterm elections.
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In Reg Relief Just as with Dodd-Frank, Spotlight’s Trained on Fed
American Banker, Sept. 10, 2018--Neil Haggerty (subscription)The Federal Reserve Board commanded much attention after passage of the 2010 Dodd-Frank Act for the agency's expanded authority to supervise big banks. The spotlight is again shining on the central bank as regulators implement a new law to ease regulatory burden.
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CFPB Trying to Jump Start Trial Disclosures
Mortgage Daily, Sept. 10, 2018A policy change is being proposed by the Consumer Financial Protection Bureau that is intended to jump start the use of trial disclosure programs.
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Banks Lose Thousands of Mortgage Originators
Mortgage Daily, Sept. 10, 2018Mortgage loan originators who were registered in the Nationwide Mortgage Licensing System as of the second quarter of this year totaled 566,449, up from a year ago.
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US Mortgage Sees Opportunity in Down HECM Market
HousingWire, Sept. 10, 2018--Jessica GuerinThe lender has been largely focused on traditional purchase loans, but now it's throwing some weight into growing its reverse mortgage channel.
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