The Lede

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,686 on each loan they originated in the second quarter, up from $825 per loan in the first quarter, the Mortgage Bankers Association reported yesterday.

The Mortgage Bankers Association released its mid-year ranking of commercial and multifamily mortgage servicer volumes as of June 30 this morning.

Nine of Top 10 Low-Vacancy Metros in Secondary Markets

Many Buyers Don't Save Enough for Renovations

National Mortgage News, Sept. 1, 2016--Passy, Jacob MBA reports commercial/multifamily rates at near 20-year lows.

National Mortgage News, Sept. 6, 2016 If the past 40 years has revealed anything about the mortgage industry, it's that change is constant, and inevitable.

Wall Street Journal, Sept. 5, 2016--Van Doorn, Philip Real estate investment trusts now will stand on their own, apart from financial companies, in the S&P 500 Index.

HousingWire, Sept. 2, 2016--Lane, Ben Agency said GSEs' new refinance program will boost credit risk-sharing deals.

HousingWire, Sept. 1, 2016--Lane, Ben Companies impersonated law firms; fined more than $20 million.

National Real Estate Investor, Sept. 1, 2016--Razin, Ely  CrediFi analysts examined retail lending to see which lenders and property owners have the most exposure if retail sector troubles continue.

Mortgage Daily, Sept. 1, 2016 ATTOM Data Solutions reports 1.9 million loans originated in second quarter.

GoRion, Sept. 1, 2016--Curry, Kerry With a potential $126 billion bailout looming, calls for housing finance reform are resurfacing.

Mortgage Daily, Sept. 1, 2016 August fixed-rate agency issuance $135 billion.

The Hill, Aug. 30, 2016--Stevens, David MBA President & CEO says position would ensure appropriate national focus on housing.

National Mortgage News, Aug. 31, 2016--Peters, Andy Plenty have crisis-era arrangements in place, despite incentives to wind them down.

MortgageOrb, Aug. 31, 2016--Caley, Nora Mortgage servicer Ocwen Financial Corp. has had its well-publicized ups and downs, but the company says it is working to resolve the issues and is moving forward.

Urban Institute, Aug. 31, 2016--Goodman, Laurie Author says lenders must engage again to borrowers with less-than-perfect credit.

HousingWire, Sept. 1, 2016--Ramirez, Kelsey ATTOM Data Solutions says fewer loans originated, but up significantly from first quarter.

MortgageOrb, Aug. 31, 2016 MBA said mortgage lenders nearly doubled profits from first quarter.

HousingWire, Aug. 30, 2016--Lane, Ben Company sees opportunity in correspondent channel.

Mortgage Daily, Aug. 30, 2016 Mortgage Bankers Association reports average second quarter production up by 37 basis points from first quarter.

HousingWire, Aug. 31, 2016--Lane, Ben Securities and Exchange Commission offer potential reward om alleged scheme.