The Lede
Top National News
2019 Rising Star: Amber Lawrence
HousingWire, June 3, 2019Amber Lawrence is associate director of education operations and programming at the Mortgage Bankers Association. As a core member of the organization's education leadership team, Lawrence manages its professional certification and designation programs. Working alongside the CMB Leadership Society, Lawrence currently oversees the curriculum of more than 730 active CMBs.
Full Story
GSEs’ Uniform Mortgage-Backed Security Launches
MReport, June 3, 2019--Seth WellbornOn Monday, Fannie Mae and Freddie Mac marked completion of their Single-Security Initiative with launch of the Uniform Mortgage-Backed Security .
Full Story
With Volume Growth Elusive, Mortgage Companies Look for Partners
National Mortgage News, June 3, 2019--Brad Finkelstein (subscription)Mortgage company merger and acquisition activity, on the upswing over the past three years, is expected to intensify as originations stay flat and production costs rise.
Full Story
FHFA’s Calabria Urges Reg Relief for Homebuilders
American Banker, June 3, 2019--Hannah Lang (subscription)Federal Housing Finance Agency Director Mark Calabria blamed "burdensome" homebuilding regulations at the local level for helping to drive up housing costs nationwide.
Full Story
Outlook for U.S. Mortgage Rates Remains Stable, Housing Crunch Continues
Inman.com, June 4, 2019--Lew SichelmanThe prediction is more of the same, says Mike Frantantoni, chief economist with the Mortgage Bankers Association.
Full Story
House Approves Much-Delayed $19.1B Disaster Aid Bill
The Hill, June 3, 2019--Juliegrace BrufkeThe House on Monday passed a $19.1 billion disaster relief package, finally sending legislation to the White House that had been repeatedly blocked by conservatives over the Memorial Day recess.
Full Story
Trade Risks Prompt Predictions for Fed Rate Cuts
Wall Street Journal, June 4, 2019--Nick Timiraos (subscription)President Trump has pursued tariffs and wants the Federal Reserve to cut rates. Economists are projecting that uncertainty created by the administration's actions on the former will prompt the Fed to deliver the latter later this year.
Full Story
The Mall Meltdown Continues
Wall Street Journal, June 3, 2019--Elizabeth Winkler (subscription)Mall-based retailers reported dismal earnings last week, reminding investors of the sector's fundamental problems.
Full Story