The Lede

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Ellie Mae to Be Acquired by Thoma Bravo for $3.7 Billion
HousingWire, Feb. 12, 2019--Kelsey RamirezEllie Mae announced Tuesday it entered into an agreement to be acquired by Thoma Bravo, a private equity investment firm. The deal is an all-cash transaction of $3.7 billion.
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Powell Says Economy Is ‘Strong’ But Prosperity Missing Some Places
Bloomberg, Feb. 12, 2019--Steve MatthewsFederal Reserve Chairman Jerome Powell said the U.S. economy is "strong" though its benefits haven't been felt evenly across the country.
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Black Knight, Others Complete D&B Acquisition; Foley Ascends to Chairman
The Mortgage Leader, Feb. 12, 2019An investor group led by Black Knight Inc. and others has completed the acquisition of Dun & Bradstreet Inc., which had already been announced. The other lead investors include Cannae, CC Capital Partners, Bilcar, and funds affiliated with Thomas H. Lee Partners.
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Debt Funds Have Banks Struggling to Keep Pace, Fretful Lenders Declare
Commercial Observer, Feb. 12, 2019--Matt GrossmanThe past decade has marked a great business cycle for lenders of all stripes. But bank executives at the Mortgage Bankers' Association‘s conference in San Diego yesterday betrayed a sense of wariness that they're being squeezed out of the running for good returns on palatable deals.
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Multifamily Mortgage Lending Jumped 32% in the Fourth Quarter
HousingWire, Feb. 12, 2019--Ben LaneThe Mortgage Bankers Association recently predicted  multifamily lending was on track to set another record in 2018. And now that 2018 is over, we're starting to get a look at just how good of a year it was for multifamily lending.
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Debt Funds’ Rising Influence Evident at MBA CREF
Commercial Property Executive, Feb. 12, 2019--Therese FitzgeraldDebt funds originated about $67 billion in mortgages in 2018-about 10 percent of total originations, up from $52 billion in 2017 and $32 billion in 2016, according to Jamie Woodwell, vice president of Commercial-Multifamily Research at the Mortgage Bankers Association. "They are clearly a significant player," he said.
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SunTrust Exec Says BB&T Merger Is All About Tech
Commercial Observer, Feb. 12, 2019--Matt GrossmanMarcy Fink, the chief administrative officer at SunTrust Commercial Real Estate, said that her institution's upcoming merger with BB&T Bank is designed to build the scale needed for massive technology investments. She made the comments while speaking on a panel at the Mortgage Bankers Association conference in San Diego.
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State AGs Assail CFPB Plan to Build Fintech Sandbox
American Banker, Feb. 12, 2019--Kate Berry (subscription)Twenty-two Democratic state attorneys general said the Consumer Financial Protection Bureau lacks sweeping authority to create a fintech sandbox that provides immunity from state law.
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