Daily Dose

KBW called the third quarter difficult and estimates mREIT book values will fall 3.5 percent quarter-over-quarter, with more mREITs reporting earning misses than positive results. To make matters worse, KBW noted that “while nearly half the group cut dividends in 3Q we expect management commentary to suggest more cuts ahead.”

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. TILA-RESPA Integrated Disclosure rule compliance is finally here. Pramod Karachur, project manager at IndiSoft, outlines how many, but not all, are adjusting to the new regulation and offers advice to those that are still working toward compliance.

The macroeconomic picture in the U.S. continues to battle economic headwinds—namely a September jobs report that came in below expectations and an appreciating dollar which will pressure the already growing U.S. trade deficit, Fannie Mae said. Yet, housing remains in a fairly positive zone, considering all of the factors weighing it down.

There is a demographic shift happening within the mortgage profession. In an industry that is so male and white-focused, women and minorities are often passed over for well-deserved positions and promotions, but this idea is being reshaped and redefined right before our eyes. This select print feature appears in the October 2015 edition of MReport magazine, available now.

Homeownership is on the minds of most Americans and despite rising prices, they still believe that purchasing a home is a good financial decision.

The Consumer Financial Protection Bureau has announced the finalization of a rule that will improve information about consumers’ access to residential mortgage credit by updating reporting requirements of the Home Mortgage Disclosure Act.

Citigroup Inc., experienced a substantially profitable third quarter and U.S. Bancorp's earnings marginally increased, while Goldman Sachs fell short of expectations.

Home sales in the fall season have cooled down 8.6 percent in September compared to August, but remain 6.8 percent above last years' levels.

As interest rates continue to lower and home values rise, mortgage fraud application risk has fallen 8.9 percent from the second quarter of 2014 to the second quarter of 2015, according to CoreLogic's October 2015 Mortgage Fraud Report. The Mortgage Application Fraud Risk Index showed that approximately 12,814 of mortgage applications, or 0.67 percent, contained fraud in the second quarter of 2015.

As the TILA-RESPA Integrated Disclosure rule came and went, mortgage applications experienced some drastic ups and downs in the week prior to regulation's implementation date and the week after.