The Lede

Nearly 400 MBA members from across the country met last week in Washington to hear from elected officials and federal agencies. Following a morning "pep rally" yesterday, participants flocked to Capitol Hill to meet with their members of Congress and staffs to discuss key real estate finance issues.

Nearly 400 MBA members from across the country met last week in Washington to hear from elected officials and federal agencies. Following a morning "pep rally" yesterday, participants flocked to Capitol Hill to meet with their members of Congress and staffs to discuss key real estate finance issues.

Nearly 400 MBA members from across the country met last week in Washington to hear from elected officials and federal agencies. Following a morning "pep rally" yesterday, participants flocked to Capitol Hill to meet with their members of Congress and staffs to discuss key real estate finance issues.

ACES Risk Management, Pompano Beach, Fla., said its quarterly Mortgage QC Trends Report showed critical loan defect rates fell by 6 percent in third quarter 2017, the first such drop for that calendar year.

WASHINGTON--HUD Deputy Secretary Pamela Hughes Patenaude has had a busy seven months. Two weeks after her confirmation this past summer, the first of several devastating hurricanes struck Texas, followed by another in Florida and a third in Puerto Rico. Then came the California wildfires.

HUD yesterday proposed changes intended to offer multifamily property owners, public housing authorities and HUD-assisted families a simpler and more transparent set of rent structures.

WASHINGTON--HUD Deputy Secretary Pamela Hughes Patenaude has had a busy seven months. Two weeks after her confirmation this past summer, the first of several devastating hurricanes struck Texas, followed by another in Florida and a third in Puerto Rico. Then came the California wildfires.

WASHINGTON--HUD Deputy Secretary Pamela Hughes Patenaude has had a busy seven months. Two weeks after her confirmation this past summer, the first of several devastating hurricanes struck Texas, followed by another in Florida and a third in Puerto Rico. Then came the California wildfires.

WASHINGTON--Senators from both sides of the aisle, appearing here at the Mortgage Bankers Association's National Advocacy Conference, expressed skepticism that Congress can pass comprehensive housing reform legislation this year.

WASHINGTON--Senators from both sides of the aisle, appearing here at the Mortgage Bankers Association's National Advocacy Conference, expressed skepticism that Congress can pass comprehensive housing reform legislation this year.

WASHINGTON--Senators from both sides of the aisle, appearing here at the Mortgage Bankers Association's National Advocacy Conference, expressed skepticism that Congress can pass comprehensive housing reform legislation this year.

The Mortgage Bankers Association released a new MBANow video featuring Kyung Cho-Miller, managing director and associate general counsel with JPMorgan Chase, who discusses the newest professional certification program from MBA Education, the Certified Mortgage Compliance Professional (CMCP).

The Mortgage Bankers Association released a new MBANow video featuring Kyung Cho-Miller, managing director and associate general counsel with JPMorgan Chase, who discusses the newest professional certification program from MBA Education, the Certified Mortgage Compliance Professional (CMCP).

The Mortgage Bankers Association released a new MBANow video featuring Kyung Cho-Miller, managing director and associate general counsel with JPMorgan Chase, who discusses the newest professional certification program from MBA Education, the Certified Mortgage Compliance Professional (CMCP).

National Mortgage News, Apr. 30, 2018--Neil Haggerty (subscription)Treasury Secretary Steven Mnuchin cast doubt Monday on Congress' tackling housing finance reform this year, saying reform of the government-sponsored enterprises is more likely to be a focus in 2019.

Financial News, Apr. 30, 2018--Justin Baer Bond Manager Pacific Investment Management Co. is raising money for a new multibillion-dollar commercial real estate debt fund, its latest foray into more lucrative but less liquid markets.

New York Times, Apr. 27, 2018--Matthew GoldsteinFreddie Mac, the huge government housing-finance company, is reviewing whether it inadvertently lent support to a company that specializes in a type of rent-to-own program that critics call predatory.

HousingWire, Apr. 27, 2018--Ben LaneTwo Harbors Investment Corp., a mortgage real estate investment trust, shuttered its mortgage securitization business, wherein the REIT bought jumbo mortgages and securitized them. Now, the company is preparing to expand its agency RMBS business by acquiring CYS Investments, a fellow mortgage REIT that specializes in investing in agency RMBS backed by fixed-rate single-family residential mortgage loans, adjustable-rate mortgages and hybrid ARMs.

Mortgage Daily, Apr. 27, 2018A final rule issued by the Consumer Financial Protection Bureau addresses disclosing changes to closing costs under integrated disclosures required under the Truth in Lending Act and Real Estate Settlement Procedures Act.

Bloomberg, Apr. 26, 2018--Elizabeth DexheimerIt's your move, Senate Democrats. That's the word from House Financial Service Committee Chairman Jeb Hensarling on a standoff over a sweeping rollback of bank regulations put in place after the 2008 credit crisis.

HousingWire, Apr. 26, 2018--Ben LaneJust over a year ago, Altisource Portfolio Solutions disclosed that the Consumer Financial Protection Bureau was investigating the company's relationship with Ocwen Financial, but now, it looks that investigation is over.

The Hill, Apr. 25, 2018--Naomi JagodaRepublican lawmakers and prominent conservative leaders such as Grover Norquist say they want capital gains to be indexed to inflation, saying it would give the economy a boost. They are pursuing both legislation and regulatory action in an effort to achieve that goal.

HousingWire, Apr. 25, 2018--Ben LaneAccording to HUD, Congress requires HUD-assisted households to provide 30% of their adjusted income toward rent while the government makes up the difference, up to a maximum amount. Under HUD's proposal, that amount would increase to 35% of their net income.

HousingWire, Apr. 25, 2018--Kelsey RamirezGenworth Mortgage Insurance, an operating segment of Genworth Financial, announced Wednesday it will reduce its national monthly and single premium borrower-paid mortgage insurance rates.

Mortgage Daily, Apr. 25, 2018HUD's Mortgagee Review Board took actions against 20 FHA mortgagees during the past year.

CNBC, Apr. 24, 2018--Diana OlickMore buyers are stretching their budgets, putting less money down or using adjustable rate loans that offer lower rates. Borrowers have more options for low-downpayment loans, options that were not available as recently as just a few years ago.

National Mortgage News, Apr. 24, 2018--Rachel Witkowski (subscription)Acting Consumer Financial Protection Bureau Director Mick Mulvaney vowed to bankers on Tuesday that he would halt the agency's actions against indirect auto dealers, stop posting consumer complaints online and change the bureau's name.

National Mortgage News, Apr. 24, 2018--Neil Haggerty (subscription)A bill to provide community banks with regulatory relief remains stuck as House and Senate lawmakers are still at odds over whether to add provisions to the Senate effort.