The Lede

Wall Street Journal, June 24, 2019--Ben Eisen (subscription)Cerberus Capital Management LP is bringing back a type of mortgage bond that went extinct during the financial crisis. A unit of the private-equity firm issued bonds Friday backed entirely by home-equity lines of credit.

National Mortgage News, June 24, 2019--Neil Haggerty (subscription)Sen. Elizabeth Warren is sounding the alarm on HUD's hiring of a former Consumer Financial Protection Bureau official with a history of controversial writings.

HousingWire, June 24, 2019--Jessica GuerinMortgage tech startup Blend raised $130 million in a Series E funding round, the company announced Monday. Led by Temasek and General Atlantic, the latest capital raise brings Blend's total funding to $310 million.

New York Times, June 25, 2019--Matthew Goldstein, Robert GebeloffSeventy-four nursing homes with mortgages insured against default by the agency, the Department of Housing and Urban Development, are among 478 homes identified this month by two United States senators as having "serious deficiencies."

National Mortgage Professional, June 24, 2019--Phil HallThe state of housing is excellent, according to the latest Health of Housing Markets Report from Nationwide Economics. Indeed, the report's proprietary Leading Index of Healthy Housing Markets is at its highest point in three years.

National Mortgage News, June 24, 2019--Rachel Witkowski (subscription)Nearly half the state regulators across the nation have agreed to a more uniform standard for processing licenses for money transmitters and money service businesses.

HousingWire, June 24, 2019--Kelsey RamirezA 10-minute closing may sound like it's great for the borrower, but one expert questions if the consumer would really benefit from faster closings.