The Lede

World Property Journal, Apr. 15, 2019--Monsef RachidAccording to the Mortgage Bankers Association's 2018 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation, mortgage bankers in the U.S. closed a record $573.9 billion in commercial, multifamily loans in 2018.

National Mortgage News, Apr. 15, 2019--Brad Finkelstein (subscription)Citigroup's first quarter mortgage-related revenue increased compared with the fourth quarter--although down slightly from the same period last year--as its lending operations continued to contract.

HousingWire, Apr. 15, 2019--Ben LaneIn remarks delivered at his swearing-in ceremony at the Federal Housing Finance Agency, Calabria emphasized the pressing need for housing finance reform. "I enter this office with a great sense of urgency. One I hope you share," he said.

Bloomberg, Apr. 15, 2019--Shelly HaganPresident Trump's tax reform is likely having a negative effect on the housing market, according to a newly published study by researchers at the Federal Reserve Bank of New York.

American Banker, Apr. 15, 2019--Hannah Lang (subscription)The proposal that the Fed drafted jointly with the Federal Deposit Insurance Corp. would tailor the requirements based mostly on institution size. U.S. banking companies with assets of between $100 billion to $250 billion would be exempted from submitting a resolution plan entirely, while larger firms could submit plans less often.

Bloomberg, April 15, 2019--Conor SenA housing boom doesn't have to be followed by a painful bust. The boom of the last decade was powered by speculative froth and lax mortgage underwriting and it ended predictably badly. The present day, with large employers continuing to raise their minimum wages, creates a framework for a new, more sustainable housing expansion.

The Mortgage Bankers Association's popular Document Custody Workshop takes place Thursday, June 20 at the Ritz-Carlton Tysons Corner in McLean, Va.

MBA Education presents its popular School of Mortgage Banking Course II May 14-17 in Chicago.