The Lede
News and Trends
					FHFA: 2017 Fannie Mae and Freddie Mac Multifamily Lending Caps Will Not Change
					
							Will Remain at $36.5B in Purchase Volume Next Year
					Full Story
				MBA News
					MBA Education Releases Compliance Essentials HMDA, Diversity Resource Guides
					
							Comprehensive Guide to New HMDA Rule
					Full Story
				Top National News
					Higher Loan Limits Could Mean Increased Mortgage Volume
					
									National Mortgage News, Nov. 23, 2016--Passy, Jacob
Federal Housing Finance Agency's choice to raise conforming loan limits in 2017 is being met with enthusiasm. "[The increase] reflects the reality that we are in an improving housing market driven by an improving economy,"  said Mortgage Bankers Association President and CEO David Stevens, CMB.
					Full Story
				
					Fannie & Freddie’s Mortgage Backing Capacity Increases
					
									Nasdaq.com, Nov. 25, 2016
The Federal Housing Finance Agency announced that the maximum limit for the mortgage loans backed by Fannie Mae and Freddie Mac will be $424,100 for most of the U.S. in 2017.
					Full Story
				
					DOJ Gives Up in Fight Over Massive Bank of America, Countrywide ‘Hustle’ Fine
					
									HousingWire, Nov. 23, 2016--Lane, Ben
Billion-dollar Settlement Now Dead.
					Full Story
				
					Consumer Protection Bureau Chief Braces for a Reckoning
					
									New York Times, Nov. 24, 2016--Cowley, Stacy
Mild-mannered, lawyerly and with a genius for trivia, Richard Cordray is not the sort of guy you picture at the center of Washington's bitter partisan wars over regulation and consumer safeguards.
					Full Story
				
					Congress Could Play Grinch this Christmas for Homeowners
					
									Washington Post Writers Group, Nov. 26, 2016--Harney, Kenneth R.
Republicans controlling the tax-writing committees in the House and Senate say they have no plans to extend expiring tax code provisions such as mortgage debt forgiveness for financially troubled owners, mortgage insurance write-offs used by moderate-income first-time buyers, and deductions for purchases of energy-saving windows, insulation and other improvements. All three benefits terminate Dec. 31. 
					Full Story
				
					How to Kill the Volcker Rule? Don’t Enforce It
					
									Wall Street Journal, nov. 28, 2016--Tracy, Ryan; Carney, John
Big banks hoping a Trump administration will defang one of Dodd-Frank's most-controversial pieces.
					Full Story
				
					Perils of Climate Change Could Swamp Coastal Real Estate
					
									New York Times, Nov. 24, 2016--Urbina, Ian
Homeowners are slowly growing wary of buying property in the areas most at risk, setting up a potential economic time bomb in an industry that is struggling to adapt.
					Full Story
				
					A $430 Billion Mortgage-Bond Market Shrugs Off the Trump Effect
					
									Bloomberg, Nov. 27, 2016--Schwartzkopff,  Frances
The world's largest mortgage-backed covered-bond market is shrugging off the specter of real estate mogul with big spending plans Donald Trump running the U.S.
					Full Story
				
					Honolulu Tops For Mortgage Debt
					
									Honolulu Civic Beat, Nov. 27, 2016--Blair, Chad
A LawnStarter analysis (it's a company concerned about, well, lawns) of recent Census data shows "nearly 23 percent of mortgaged owner-occupied homes in the Honolulu metro area had a second mortgage or a home equity loan in 2015."
					Full Story
				
					FCC Denies Petition by Mortgage Bankers Association to Exempt Certain Mortgage Servicing Calls from Prior Express Consent Requirement
					
									National Law Review, Nov. 22, 2016--Phillips, Laura
The FCC denied a Mortgage Bankers Association petition that sought an exemption from the FCC's prior express consent requirement for non-telemarketing mortgage servicing calls to wireless numbers. MBA had urged the grant of such an exemption for mortgage servicing calls.
					Full Story
				
					How Attractive is the Stretch Senior Loan?
					
									National Real Estate Investor, Nov. 22, 2016-Bell, Diana 
As alternative lenders step up their activity this year, the stretch senior loan is a hybrid product that borrowers can turn to.
					Full Story
				
					Low-Income Housing Shown to Not Weigh on Nearby Property Values
					
									Wall Street Journal, Nov. 28, 2016--Kirkham, Chris
Housing units earmarked for low-income residents have virtually no impact on surrounding property values in major U.S. metro areas, according to an analysis of home-price data that runs counter to the conventional view that such projects cause nearby property values to decline.
					Full Story
				
					Mortgage Delinquency Rises, Foreclosures Down
					
							Mortgage Daily, Nov. 29, 2016
Although mortgage delinquency rose for the second consecutive month, foreclosures starts were the lowest in more than a decade, report says.
					Full Story
				 
						 
						 
						 
						