The Lede

Washington Post, Mar. 28, 2019--Tracy JanHUD on Thursday charged Facebook with housing discrimination, alleging its targeted advertising platform violates the Fair Housing Act by "encouraging, enabling, and causing" unlawful discrimination by restricting who can view housing ads.

Bloomberg, Mar. 28, 2019--Christopher MaloneyA spike in home loan refinancing, falling mortgage rates and newer collateral sporting prepayment red flags have increased prepayment concerns among mortgage-backed securities investors. (MBA mention)

Washington Post, Mar. 28, 2019--Kathy Orton Just a handful of months ago, mortgage rates were soaring. Now they are sinking. Freddie Mac said the 30-year fixed-rate average plunged to 4.06 percent, the biggest one-week drop in a decade. (MBA mention)

National Mortgage News, Mar. 28, 2019--Hannah Lang, Rachel Witkowski (subscription)The Federal Housing Finance Agency is planning to finalize its proposed capital requirements for the government-sponsored enterprises this summer, according to acting Director Joseph Otting.

HousingWire, Mar. 28, 2019--Jessica GuerinPresident Trump's memorandum directs HUD Secretary Ben Carson and his team to develop a legislative reform plan that achieves the agency's objective to maintain the financial soundness of the reverse mortgage program.

American Banker, Mar. 28, 2019--Kevin Wack (subscription)At an industry conference Wednesday, top executives from Wells Fargo and Bank of America expressed major skepticism about the technology's potential in the financial services sphere. The comments suggested that their interest in distributed ledgers is wearing thin.

MarketWatch, Mar. 28, 2019--Jeffry BartashThe U.S. economy slowed in the fourth quarter and corporate profits fell, paving the way for even slower growth in the first three months of 2019. The government cut fourth-quarter GDP growth to 2.2% from 2.6%.

MoneyWatch, Mar. 28, 2019--Irina Ivanovaells Fargo CEO Tim Sloan is stepping down as CEO of the country's fourth-largest bank and will retire at the end of June, the bank said Tuesday. Allen Parker, Wells Fargo's general counsel, is taking over as interim CEO and president.

Orange County Register, Mar. 28, 2019--Jeff LazersonWhat gives? The U.S. economy is still doing pretty darn good. We can thank economic global headwinds that are causing investors to seek the security of U.S. Treasuries for this very big U.S. mortgage rate U-turn over recent weeks.

HousingWire, Mar. 28, 2019The Mortgage Bankers Association commended President Trump for championing change that would foster competition in real estate finance and protect taxpayers."We are heartened the memorandum recognizes the GSEs should be released from conservatorship only after specified reforms, and that it insists on other core principles such as preserving the 30-year fixed-rate mortgage and leveling the playing field for lenders of all sizes," said MBA President and CEO Robert Broeksmit.