The Lede

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Trump Calls on Fed to Cut Interest Rates, Resume Bond-Buying to Stimulate Growth
Wall Street Journal, Apr. 5, 2019--David Harrison (subscription)President Trump on Friday repeated his call for the Federal Reserve to cut interest rates and said it should restart buying assets to stimulate growth.
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Everyone Has an Opinion on Fannie’s Future, One Firm Offers a Rating
National Mortgage News, Apr. 5, 2019--Brad Finkelstein (subscription)At least one investment bank thinks the prospects of privatization have improved enough that the equity in Fannie Mae has become sufficiently interesting to merit the attention of its analysts.
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HomeStreet Selling Off Majority of Mortgage Business…
HousingWire, Apr. 5, 2019--Ben LaneHomeStreet Bank's move away from mortgages is nearly complete. The bank has found buyers for its mortgage business: Homebridge Financial Services, New Residential Mortgage and PennyMac.
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Tool Compares Instant Offers
UExpress, Apr. 5, 2019--Lew SichelmanSellers who receive offers to buy their homes from a third party who will fix the place up a bit and resell it are always left with a nagging question: Could I have gotten more? Now there's a new tool to help sellers answer those questions.
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Biggest Mortgage Drop in Decades Sparks a Boom in Home Sales
NBC News, Apr. 5, 2019--Christine DahlgrenAfter a massive dip in mortgage interest rates last week, mortgage applications jumped nearly 19 percent and applications to refinance existing mortgages surged 39 percent. (MBA mention)
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Is Wells Fargo Stuck in the Denial Stage of Recovery?
American Banker, Apr. 7, 2019--Kate Berry (subscription)Since Wells Fargo's phony-accounts scandal broke in 2016, the bank has appeared contrite in public. In private, it's a different story.
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