The Lede

CNBC, Sept. 24, 2018--Jeff CoxAction in the fed funds futures market this week indicates an 8 percent chance the Fed will approve a half-point interest rate hike this week. While there's practically no chance of that happening, the trading indicates a market coming to grips with a more hawkish Fed.

Washington Post Writers Group, Sept. 24, 2018--Kenneth R. HarneyPrices are up, interest rates are rising, and it's tough for a lot of people to qualify to buy a home. So what do some of them do? A growing number of them fake it.

National Real Estate Investor, Sept. 24, 2018--Bendix AndersonLow vacancy and prohibitive house prices give single-family rental tenants incentives to accept rent increases.

National Mortgage Profesional, Sept. 24, 2018--Phil HallFreddie Mac said total home sales--covering both new and existing properties--will decrease by 0.9 percent from 6.12 million in 2017 to 6.07 million this year, while single-family first-lien mortgage originations will drop by roughly 9 percent this year to $1.65 trillion and home price growth will moderate to 5.5 percent.

National Mortgage News, Sept. 24, 2018--Bonnie Sinnock (subscription)The return to financial stability at Fannie Mae and Freddie Mac resolves a big problem from the past, but each government-sponsored enterprise must now turn to a task that will shape its future: picking a new CEO.

HousingWire, Sept. 24, 2018--Jeremmiah JensenNew study found that there are differing levels of affordability for certain groups of individuals.

American Banker, Sept. 24, 2018--Bonnie Sinnock (subscription)USAA will eliminate 265 home sales and lending positions, but it already has offered nearly 100 of the affected workers different jobs within its mortgage unit.

Mortgage Daily, Sept. 24, 2018A major expansion planned by JPMorgan Chase & Co. in the Delaware Valley over the next few years includes plans for its mortgage business.

Mortgage Daily, Sept. 24, 2018An improved outlook for home purchase financing this year was was wiped out by a big drop in expected refinancings. But next year's forecast was cut thanks to lowered purchase-money expectations.