The Lede

Forbes, July 24, 2019--Yizhu WangDigital adoption by mortgage lenders gradually became a theme once the industry stabilized following the financial crisis of 2008, says Rick Hill, vice president of industry technology at the Mortgage Bankers Association.

CNBC, July 24, 2019--Diana OlickOverall mortgage application volume fell 1.9% for the week, according to the Mortgage Bankers Association's seasonally adjusted index. Volume was still 34% higher than a year earlier, thanks to a stronger refinance market this year.

HousingWire, July 24, 2019--Jessica GuerinHUD issued a notice to lenders Tuesday announcing the formal suspension of its rule change to down payment assistance guidelines.

Bloomberg, July 24, 2019--Alexandre TanziThe number of areas with a median price of $1 million has fallen to 628 from a peak of 636 in March, based on a Bloomberg analysis of Zillow data from 1996 through June covering single-family homes in almost 7,300 U.S. localities.

National Mortgage Professional, July 24, 2019--Phil HallJudy Shelton said she would have voted for a 50 bps cut had she been present at the June meeting of the Federal Open Market Committee.

Washington Post, July 25, 2019--Michele LernerResearch from Chase found having cash in the bank to cover three mortgage payments was more important than the amount of home equity, the income level of the homeowners or the size of the mortgage payment in relation to household income to prevent default.