The Lede

CNBC, May 1, 2019--Diana OlickMortgage application volume fell 4.3% last week from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Volume was 4.5% higher annually, thanks to stronger refinance activity.

National Mortgage News, May 1, 2019--Bonnie Sinnock (subscription)Fannie Mae is considering sharing more risk with the private sector to offset the pressure that the implementation of the Current Expected Credit Loss accounting standard could put on its earnings.

HousingWire, May 1, 2019--Kelsey RamirezTotal global fintech investment increased from $50.8 billion in 2017 to a full $111.8 billion in 2018, according to KPMG's The Pulse of Fintech, a biannual report that highlights key trends in fintech across the globe.

MReport, May 1, 2019--Seth WellbornFannie Mae and Freddie Mac released their Q1 2019 financial results on Wednesday. Fannie Mae reported a net income of $2.4 billion and comprehensive income of $2.4 billion, while Freddie Mac reported a comprehensive income of $1.7 billion.

Washington Post, May 1, 2019--Seung Min KimStephen Moore's prospects of getting confirmed to the Federal Reserve Board grew dimmer Wednesday as Trump administration officials began to acknowledge privately he does not have the votes and Republican senators indicated the ensuing drama over Moore's pending nomination would end soon.

MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry.