The Lede

CNBC, June 26, 2019--Diana OlickTotal mortgage application volume increased 1.3% last week from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Bloomberg, June 26, 2019--Adam TempkinCerberus Capital Management has sold a kind of mortgage bond that hasn't been seen since the financial crisis. Not many financial companies are seen following in its footsteps.

National Mortgage Professional, June 26, 2019--Phil HallIn the newly-published "GSE Reform: Unfinished Business," the conclusion is presented that there is bipartisan agreement on framing the post-conservatorship era in a manner that protects taxpayers while attracting private capital-and the report adds that the White House can take unilateral steps to achieve those goals.

National Mortgage News, June 26, 2019--Neil Haggerty (subscription)After years of largely standing on the sidelines, lawmakers are taking a closer look at whether algorithms used by banks and fintechs to make lending decisions could make discrimination worse instead of better.

American Banker, June 26, 2019 (subscription)President Trump said the U.S. should have Mario Draghi, president of the European Central Bank, at the helm of its monetary policy--"instead of our Fed person"--and reiterated that he has the right to demote or fire Federal Reserve Chairman Jerome Powell.

Associated Press, June 27, 2019--Michael R. Sisak, Tom HaysThe 16-count New York indictment alleges Paul Manafort gave false and misleading information in applying for residential mortgage loans, starting in 2015 and continuing until three days before President Trump's inauguration in 2017. He is also charged with falsifying business records and conspiracy.

HousingWire, June 26, 2019--Jessica GuerinThe Blue Water Navy Vietnam Veterans Act allows homebuyers to borrow above the 2019 limit of $484,350 for most counties without any down payment.

World Property Journal, June 26, 2019--Michael GerrityThe real estate industry is giving President Trump good reviews for signing the Housing Affordability Executive Order this week. Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, released a statement on President Trump's Executive Order on Housing Affordability.