The Lede

National Mortgage News, May 20, 2019--Christopher Whalen (Free content)As the Mortgage Bankers Association convenes its annual secondary market conference in New York, one of the big questions on the minds of many mortgage bankers, warehouse lenders and vendors is whether the market for nonagency or non-qualified mortgages, including home equity lines of credit, will really start to grow as an asset class.

National Mortgage Professional, May 20, 2019--Phil HallBob Broeksmit, president and CEO of the Mortgage Bankers Association, challenged both Congress and federal regulators to ratchet up efforts in enacting sweeping new housing policy changes.

Reuters, May 20, 2019--Richard LeongA modest pickup in home sales this year would help raise issuance of loans for that category to $1.244 trillion from $1.185 trillion last year, Michael Fratantoni told reporters at a press conference during MBA's National Secondary Market conference.

Wall Street Joural, May 20, 2019--Nick Timiraos, Andrew Ackerman (subscription)Federal Reserve Chairman Jerome Powell said financial regulators must take seriously potential dangers that rising levels of business debt pose to the U.S. economy but said some comparisons to last decade's subprime-mortgage bubble overstate the risks.

National Mortgage News, May 20, 2019--Kate Berry (subscription)Kristen Donoghue, the assistant director for enforcement at the Consumer Financial Protection Bureau, has resigned, sources said.

HousingWire, May 20, 2019--Angie Derix Loan servicers have to navigate a continuously changing mortgage landscape. Perhaps the biggest challenge, especially for small, growing and non-bank servicers, is ensuring that quality control is maintained even when new demands emerge. (MBA mention)