The Lede

The Federal Housing Finance Agency yesterday proposed amendments to existing regulations for Federal Home Loan Bank housing goals.

If history is any indicator, the Carolinas and the Florida Panhandle can expect to see loan defect spikes in the coming months, said First American Financial Corp., Santa Ana, Calif.

As the Federal Communications Commission grapples with protecting consumers from intrusive cold calls and fax-spamming, the Mortgage Bankers Association urged the Commission to promulgate "appropriate" regulations under the Telephone Consumer Protection Act.

Black Knight, Jacksonville, Fla., said seasonal and hurricane-related events this summer pushed mortgage delinquencies to their highest single-month rate in nearly a decade.

HousingWire, Oct. 29, 2018--Ben LaneIn the wake of taking action against SoFi for allegedly lying in its ads about how much borrowers can save by refinancing their student loans with the online lender, the Federal Trade Commission is also warning other lenders to not engage in similar activity.

National Mortgage News, Oct. 29, 2018--Josh Migdal (subscription)The author, with law firm Mark Migdal & Hayden, says there are signs in the nonbank mortgage market that now indicate there may be serious issues ahead.

National Mortgage News, Oct. 28, 2018--Hannah Lang (subscription)Michael Bright's nomination to become president of Ginnie Mae has been pending since May and the agency that provides funding for government-insured mortgages has been without a permanent chief for almost two years.

Bloomberg, Oct. 27, 2018--Alexandre TanziThe median length of time Americans have owned their homes rose to a record of more than eight years in the third quarter, according to ATTOM Data Solutions. That's up from 4.5 years when the recession ended in June 2009.

Mortgage Daily, Oct. 26, 2018As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis, mortgage quality has weakened. Still, quality is better than before the crisis, said Moody's Investors Service.

National Mortgage News, Oct. 25, 2018--Elina Tarkazikis (subscription)Protecting consumers from intrusive cold calls and fax-spamming is having adverse effects on the mortgage industry as the Federal Communications Commission fails to reasonably interpret language under the Telephone Consumer Protection Act, according to the Mortgage Bankers Association.

Mortgage Daily, Oct. 25, 2018A second lawsuit has been filed against the Office of the Comptroller of the Currency alleging that a new OCC charter for non-banks violates federal laws and procedures. But the OCC is confident in its authority.

The Mortgage Reports, Oct. 24, 2018--Aly J. YaleIt's no secret that crippling student loan debt keeps many Millennials from buying a home. But according to new data, Millennials with student loan debt aren't just less likely to own a home. When they do buy? They face more expensive mortgage loans and lower home values, too.

American Banker, Oct. 24, 2018--Hannah Lang (subscription)The Federal Reserve Board will release a proposed framework next week on how it will supervise large banks following enactment of a recent law that provided some institutions with regulatory relief.

National Real Estate Investor, Oct. 24, 2018--Beth Mattson-TeigCommercial mortgage-backed securities lenders are working harder to retain market share in a highly competitive sector where the overall pie for conduit lending doesn't appear to be getting any bigger.

'Reuters, Oct. 23, 2018--Pete SchroederIn 2017, just 6.5 percent of 129.3 million U.S. households were considered "unbanked," according to new data from the Federal Deposit Insurance Corp. That rate, which represents about 8.4 million U.S. households, is half a percentage point lower than when the survey was last conducted in 2015, and the lowest level recorded since the survey began in 2009.

American Banker, Oct. 23, 2018--Hannah Lang (subscription)More than 30% of the customer complaints lodged about a financial institution and submitted to the Consumer Financial Protection Bureau January 2017 through June 2018 originated in one of three states: California, Florida and Texas.

National Mortgage News, Oct. 23, 2018--Bonnie Sinnock (subscription)Bigger digital mortgage firms are paying $3.27 for every $1 of fraud, while other digital creditors in the same size range are paying $3.47, according to LexisNexis Risk Solutions' 2018 True Cost of Fraud report.

HousingWire, Oct. 23, 2018--Jeremiah JensenCoreLogic is buying Symbility Solutions, a subscription and cloud-based property insurance claims workflow company.