The Lede

The Consumer Financial Protections Bureau earlier this year asked the real estate finance industry to help it assess the effectiveness of its 2013 Mortgage Servicing Rule. The Mortgage Bankers Association was happy to oblige.

CoreLogic, Irvine, Calif., said overall mortgage delinquencies fell below 5 percent in April as mortgage performance continued to show signs of improvement.

The Mortgage Bankers Association released a new MBANow video featuring MBA Vice President of Industry Analysis Marina Walsh, who discusses the recent MBA Quarterly Mortgage Bankers Performance Report.

Despite a "sluggish" start to the year, private-label commercial mortgage-backed securities volume finished the first half at $34.4 billion--up 27.8 percent year-over-year, reported Kroll Bond Rating Agency, New York.

The Mortgage Bankers Association released a new MBANow video featuring MBA Vice President of Industry Analysis Marina Walsh, who discusses the recent MBA Quarterly Mortgage Bankers Performance Report.

The Mortgage Bankers Association released a new MBANow video featuring MBA Vice President of Industry Analysis Marina Walsh, who discusses the recent MBA Quarterly Mortgage Bankers Performance Report.

National Mortgage News, July 13, 2017--Elina Tarkazikis (subscription)Bayview Asset Management has entered into an agreement to acquire Pingora Holdings, an indirect subsidiary of Annaly Capital Management.

Bloomberg, July 17, 2017--Shahien NasiripourCollege tuition hikes and the resulting increase in student debt burdens in recent years have caused a significant drop in homeownership among young Americans, according to new research by the Federal Reserve Bank of New York.

HousingWire, July 17, 2017--Ben LaneThe standard modification program is "designed to help those borrowers who are ineligible for the Home Affordable Modification Program," Freddie Mac said.

National Mortgage News, July 17, 2017--Brian Collins (subscription)HUD is implementing reforms to its reverse mortgage program and providing more counseling resources for seniors who are considering the product, Secretary Ben Carson said Monday.

Wall Street Journal, July 17, 2017--Rachel Witkowski (subscription)The Trump-appointed acting head of the national banking regulator urged Monday that the Consumer Financial Protection Bureau delay a rule barring mandatory arbitration requirements between financial firms and customers.

National Mortgage News, July 17, 2017--Kate Berry (subscription)A district court judge has ruled in favor of a Louisville, Ky., law firm that was sued by the Consumer Financial Protection Bureau in 2013 for allegedly paying illegal kickbacks in exchange for referrals.

Scotsman Guide, July 17, 2017--James S. MacLeodThe author, chairman and CEO of CoastalSouth Bancshares, says MBA plan for GSE reform protects and provides opportunitiets for both large and small lenders.

HousingWire, July 17, 2017--David StevensMBA President and CEO says use of FCA is an inappropriate and harmful response that only reduces access to credit for qualified borrowers, harming the entry level buyer and those on the lower end of home price ranges in America.

National Mortgage News, July 14, 2017--Brad Finkelstein, Austin Kilgore (subscription)Walter Investment Management Corp. will close its Ditech subsidiary's Irving, Texas, office by the end of 2017, as the nonbank lender and servicer continues restructuring efforts amid mounting losses.

Mortgage Daily, July 14, 2017While there was little change in quarterly mortgage originations at JPMorgan Chase & Co., the residential servicing portfolio declined as mortgage assets grew.

Mortgage Daily, July 13, 2017Mortgage Industry Advisory Corp., which announced the $52 million sale Thursday, said it completed the sale through its whole-loan desk.

Los Angeles Times, July 14, 2017--James Rufus KorenA former Wells Fargo mortgage banker who worked in Beverly Hills alleged in a lawsuit this week that the bank falsified records so it could blame holdups on borrowers--and that it fired him for trying to report the practice.

Reuters, July 11, 2017--Jonathan StempelA federal judge granted the Federal Deposit Insurance Corp. permission to revive lawsuits against Citigroup Inc, Bank of New York Mellon Corp and U.S. Bancorp that he had dismissed last September, to recoup more than $695 million of losses on soured mortgage debt that a failed Texas bank once owned.

HousingWire, July 13, 2017--Brena SwansonThe seven national banks include: Bank of America, Citibank, HSBC, JPMorgan Chase, PNC, U.S. Bank and Wells Fargo.

Reuters, July 13, 2017--Pete SchroederMore Americans were keeping up with their mortgages at the beginning of 2017 but the number of foreclosures is also on the rise, the Office of the Comptroller of the Currency said.

Mortgage Daily, July 12, 2017The co-issue flow offering is for MSRs on between $60 million and $90 million per month in Fannie Mae and Freddie Mac residential loans.

Mortgage Orb, July 12, 2017--Jason NadeauThere's a reason that so few people have a firm grasp on what blockchain technology is and does. It's because it is not just one thing, and understanding its different uses can be complicated.

HousingWire, July 12, 2017--Ben LaneFor the second time in 2017, Fannie Mae is lowering the benchmark interest rate for standard mortgage modifications.

CNBC, July 12, 2017--Diana OlickAngel Oak is one of very few firms offering these private-label mortgage-backed securities - the ones that were so very popular during the last housing boom and which were later blamed for the financial crisis.

Financial Times, July 12, 2017--Joe Rennison (subscription) Wells Fargo has been sued by Pimco for withholding money allegedly owed to bond investors, in a dispute that could have implications for billions of dollars still locked up in US mortgage securities created before the financial crisis.

Reuters, July 12, 2017--Andrew MacAskill, Jonathan StempelThe Edinburgh-based lender on Wednesday said it agreed to settle the lawsuit with the Federal Housing Finance Agency that accuses it of mis-selling $32 billion of mortgage-backed securities before the global financial crisis.

HousingWire, July 12, 2017--Kelsey RamirezThe Consumer Financial Protection Bureau asked earlier this year for comments from the real estate finance industry on the effectiveness of its 2013 Mortgage Servicing Rule. This week, the Mortgage Bankers Association responded to the request.

Wall Street Journal, July 11, 2017--Esther Fung (subscription)Grocery chain expansions are likely to spark robust construction in the coming years, analysts said, bucking the overall trend in retail development.