The Lede

Top National News

David H. Stevens: National Mortgage Professional Magazine’s ‘Mortgage Professional of the Year’
National Mortgage Professional, Sept. 17, 2018--Rick GrantFormer MBA President and CEO David H. Stevens, CMB, who retires this month, is honored for his leadership in a career spanning nearly four decades.
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CFPB is Still in the Fair Lending Business, Mulvaney Says
National Mortgage News, Sept. 18, 2018--Kate Berry (subscription)Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, said Monday that he wanted to set the record straight by reiterating that the agency is "still very much in the fair lending business."
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Digital Mortgages? How About Digital Home Buying?
National Mortgage News, Sept. 18, 2018At Digital Mortgage 2018, Bill Emerson, the vice chairman of Quicken Loans and its parent company Rock Holdings, outlined a vision of dramatic digital disintermediation.
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OCC’s Otting: Why do Regulators Want to Limit Consumer Choice?
American Banker, Sept. 18, 2018--Joseph Otting (subscription)The Comptroller of the Currency says the OCC's decision to begin accepting applications for special purpose national bank charters from fintech companies promotes innovation, gives consumers and businesses greater choice and creates economic growth and opportunity.
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NYC Housing Prices Have Surpassed Pre-Crisis Peak in 2006
Wall Street Journal, Sept. 18, 2018--Josh Barbanel (subscription)A decade after the financial panic of 2008, housing prices in New York City have bounced back and recently edged above peak pre-crisis levels.
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1st Mortgages Outstanding Nearing All-Time High
Mortgage Daily, Sept. 18, 2018Equifax said the nation's latest book of first mortgages stands not far from the record established in 2008, when there were $9.04 trillion in first-lien loans in place.
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Builders Say New Tariffs Are Devastating
Mortgage Daily, Sept. 18, 2018National Association of Home Builders Chairman Randy Noel warned the Trump administration's tariffs on $200 billion in Chinese imports--including $10 billion in goods used by the residential construction sector--"could have major ramifications for the housing industry."
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Five Things to Know About Incoming San Francisco Fed President Mary Daly
Wall Street Journal, Sept. 19, 2018--Nick Timiraos (subscription)Mary Daly, director of research at the Federal Reserve Bank of San Francisco, was tapped last week to become the bank's next president, effective Oct. 1. She will immediately have a vote on the Fed's rate-setting committee, making her views of great interest to investors.
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How BofA Streamlined its Digital Mortgage
National Mortgage News, Sept. 18, 2018--Nathan DiCamillo (subscription)The bank pared down the application to 50 questions and made it possible for people who are already clients of the bank to have information prefilled.
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FTC Shuts Down Real Estate Websites that Allegedly Preyed on Section 8 Renters
HousingWire, Sept. 18, 2018--Ben LaneThe FTC claims that the Shayan brothers' companies, Apartment Hunters, Real Estate Data Solutions, Rental Home Listings, and UAB Apartment Hunters, and their websites, WeTakeSection8.com, ApartmentHunterz.com, and FeaturedRentals.com, actually offered out-of-date listings, including many that did not accept Section 8 vouchers as promised.
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MBA Premier Member Profile: Silverline
Silverline is a Salesforce Platinum Cloud Alliance Partner headquartered in New York City with experienced, innovative consultants around the world. It is focused on developing powerful solutions, deployed on the Salesforce Platform, and robust third party apps.
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MBA Premier Member Profile: Silverline
Silverline is a Salesforce Platinum Cloud Alliance Partner headquartered in New York City with experienced, innovative consultants around the world. It is focused on developing powerful solutions, deployed on the Salesforce Platform, and robust third party apps.
Full Story
MBA Premier Member Profile: Silverline
Silverline is a Salesforce Platinum Cloud Alliance Partner headquartered in New York City with experienced, innovative consultants around the world. It is focused on developing powerful solutions, deployed on the Salesforce Platform, and robust third party apps.
Full Story