The Lede

Top National News

10 Years After Lehman: This Time It’s Different
IPE Real Assets Magazine, Sept. 25, 2018--Christopher O'DeaReal estate investors learned painful lessons 10 years ago. With signs of a correction yet to materialize, can the market escape a repeat of 2008?
Full Story
Is The Commercial Real Estate Market Cooling?
The Press-Enterprise (Riverside, Calif.), Sept. 25, 2018--Allen BuchananSo, the rumblings have begun and folks want to know: Is commercial real estate simmering down? In my humble opinion, yes.
Full Story
The Key Bond Rate That Affects Mortgages Looks Ready to Break Higher
CNBC, Sept. 25, 2018--Patti DommThe benchmark 10-year Treasury yield briefly touched a high yield of just over 3.113 percent Tuesday morning, just as the Fed began it two-day meeting. That is the highest level since May 18, when the 10-year yield hit a high of 3.128 percent.
Full Story
Tax Reform Could Spell Trouble for Low-Income Affordable Housing
National Mortgage News, Sept. 25, 2018--Elina Tarkazikis (subscription)Lower corporate tax rates weakened the incentive for developers to use the Low-Income Housing Tax Credit program, which could prompt affordable housing construction to fall by as much as 40% by 2022, according to data aggregator Reis.
Full Story
Former Bankrate CFO Gets 10 Years for Cooking the Books to the Tune of $25 Million
HousingWire, Sept. 25, 2018--Ben LaneAccording to the Department of Justice, Edward DiMaria used his position at Bankrate, a publisher, aggregator and distributor of personal finance content and lead generator for the financial services industry, to artificially boost the company's earnings from 2010 through 2014.
Full Story
5 Questions as Lawmakers Set to Probe FHFA, GSE Scandals
American Banker, Sept. 25, 2018--Hannah Lang (subscription)But the timing of the hearing, as FHFA Director Mel Watt faces an employee's allegations of sexual harassment, has led many to believe that the investigation of his alleged conduct will be a central component of the hearing. That was bolstered by revelations Wednesday that his accuser, Simone Grimes, had been invited by the committee to testify.
Full Story
Mortgage Show Offers Smart Options for Mortgage and Escrow Payments
Orange County Register, Sept. 26, 2018--Jeff LazersonThe fast-paced, incredibly content-rich Digital Mortgage conference I attended earlier this week in Las Vegas can best be described as Shark Tank meets American Idol.
Full Story
100s of Real Estate Lending Layoffs at USAA
Mortgage Daily, Sept. 25, 2018Hundreds of positions in USAA's real estate lending and rewards divisions are being eliminated. Affected employees work at locations in three states.
Full Story
loanDepot, AMC Settle Claims of Discrimination
Mortgage Daily, Sept. 25, LLC and an appraisal management company have reached an agreement to settle claims that borrowers were discriminated against because their properties were located on Indian reservations.
Full Story

Residential Finance News

Commercial/Multifamily News

MBA News