The Lede

Bloomberg, Sept. 4, 2018--Noah Buhayar, Sarah FrierSince Facebook Inc. arrived in Menlo Park, California, seven years ago, the town has been overrun by construction cranes, orange safety cones and truckloads of building materials to transform a former industrial area into a sprawling campus that can support a $500 billion tech giant.

American Banker, Sept. 4, 2018--Hannah Long (subscription)Under the proposal, Volcker Rule compliance would be revised, the rule would be tailored for institutions that participate in fewer trading activities and the definitions of certain prohibited trades would be altered.

HousingWire, Sept. 4, 2018--Caroline BasilIn their final, official roles David Stevens served as the head of the Mortgage Bankers Association and Brad Blackwell was the executive vice president of housing policy and homeownership growth strategies at Wells Fargo Home Lending.

Commercial Observer, Sept. 4, 2018--Matt GrossmanLenders of all types give construction loans close scrutiny before they approve a loan.

Mortgage Daily, Sept. 4, 2018Monthly new business slipped at Fannie Mae. Loan performance on the secondary lender's residential portfolio was the best in nearly 11 years.

Mortgage Daily, Sept. 4, 2018Securitizations of residential loans backed by Fannie Mae soared to a 19-month high, leading overall agency issuance higher.

National Mortgage News, Sept. 4, 2018--Brad Finkelstein (subscription)Delinquencies for loans securing commercial mortgage-backed securities continued to decline, although they are still well above rates for other types of investors, according to data compiled by the Mortgage Bankers Association.

Miami Herald, Sept. 4, 2018--Kenneth R. Harney (Washington Post Writers Group)Pete Mills, senior vice president for residential policy at the Mortgage Bankers Association, said given the bipartisan nature of the proposal and the breadth of constituents affected, he thinks the legislation has an excellent chance, though probably not until next year's congressional session.

American Banker, Sept. 4, 2018--Kate Berry (subscription)Kathy Kraninger, a senior official at the Office of Management and Budget, was mostly tight-lipped about her plans for the agency at her July nomination hearing. But watchers saw clear signals of her interest in the agency's budget as a focus, as well as in conducting cost-benefit analyses of all rulemakings.

When it comes to profitability, mortgage servicers balance on a knife edge: Just one poorly managed defaulted loan can wipe out the profits from as many as 12 performing loans. Aspen Grove Solutions has spent more than 20 years building and integrating technology to help ensure that does not happen.

When it comes to profitability, mortgage servicers balance on a knife edge: Just one poorly managed defaulted loan can wipe out the profits from as many as 12 performing loans. Aspen Grove Solutions has spent more than 20 years building and integrating technology to help ensure that does not happen.

When it comes to profitability, mortgage servicers balance on a knife edge: Just one poorly managed defaulted loan can wipe out the profits from as many as 12 performing loans. Aspen Grove Solutions has spent more than 20 years building and integrating technology to help ensure that does not happen.