The Lede

CNBC, Sept. 18, 2019--Diana OlickTotal mortgage application volume was flat for the week, down a slight 0.1%, according to the Mortgage Bankers Association's seasonally adjusted index. Volume was still 67% higher than the same week one year ago, when rates were much higher.

Bloomberg, Sept. 18, 2019--Christopher MaloneyMortgage investors are unlikely to see a net supply surge even should interest rates continue to move lower, if only because the pace of new home construction is far slower than it used to be.

Wall Street Journal, Sept. 19, 2019--Greg Ip (subscription)By refusing to elaborate on what the central bank will do next, Powell leaves less room for misinterpretation and forces market to think for itself.

National Mortgage News, Sept. 18, 2019--Kate Berry (subscription)The Consumer Financial Protection Bureau has ratcheted up investigations and enforcement actions in the past few months, an apparent shift by the agency under Director Kathy Kraninger, who had initially signaled that supervision would be the primary focus in her tenure.

CNBC, Sept. 18, 2019--Diana OlickDemand for commercial real estate design services plummeted into negative territory in August, after already soft scores in July.

The Mortgage Bankers Association's Annual Convention & Expo takes place Oct. 27-30 at the Austin Convention Center in Austin, Texas.