The Lede

CNBC, July 3, 2019--Diana OlickTotal mortgage application volume was essentially flat last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Volume fell 0.1 percent for the week but was 41 percent higher than the same week one year ago.

Washington Post, July 3, 2019--Kathy OrtonAfter falling more than a half percentage point the past four months, mortgage rates rebounded this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average moved slightly higher to 3.75 percent with an average 0.6 point. (MBA mention)

Orange County Register, July 3, 2019--Jeff LazersonFlippers, borrowers with bad credit or who own lots of rentals tend to pay lenders 10% or more a year for a mortgage. A new program now offers such loans for as little as 5.75%. (MBA mention)

HousingWire, July 3, 2019--Ben LaneNew York Gov. Andrew Cuomo announced this week that he has asked the New York Department of Financial Services to begin investigating Facebook and whether the site allowed housing providers to discriminate against prospective residents from protected classes.

Forbes, July 3, 2019--Sanjiv DasThe standard mortgage application process isn't optimized for freelancers. Most mortgage providers require W-2 tax forms that disclose an applicant's income and verify their job. Indeed, even for those with a steady job, the documentation process can be difficult to navigate.

Credit Union Journal, July 4, 2019--Palash Ghosh, Aaron PassmanJust in time for the Fourth of July, a handful of credit unions are rolling out programs to honor the military, first responders and teachers, all while hopefully adding a little extra juice to their mortgage portfolios.

Wall Street Journal, July 5, 2019--Yuka Hayashi (subscription)Debt-collection lawsuits have increased in some state and municipal courts, following a decline during a regulatory tightening after the financial crisis. Debt purchases by collectors are also rising, according to data by large publicly traded debt-collection companies.

Wall Street Journal, July 4, 2019--Erin Ailworth (subscription)As the swollen Mississippi and Missouri rivers slowly recede, communities across the Midwest are starting to add up the damage and make plans for repairs with the help of federal aid.

National Mortgage Professional, July 3, 2019--Phil HallThe Federal Housing Finance Agency announced the departure of Bob Ryan as Special Advisor to the Office of the Director.

The Mortgage Bankers Association's annual Condominium Workshop takes place Thursday, July 18 at the Marriott Marquis in Washington, D.C.

MBA Education and the California Mortgage Bankers Association present a special one-day workshop, Fundamentals of Residential Lending and the Secondary Market, on Monday, July 15 at the Westin St. Francis Hotel in San Francisco in conjunction with the California MBA Western Secondary Market Conference.