On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the Dallas Fed’s talk of a housing bubble and the reason housing inventory is so low. The two also discuss the jobs report and the inverted yield curve. HW Media articles related to this epiosde: Why housing inventory is so low right now Is the Dallas Fed right to label this a housing bubble ? A good jobs report, but also another recession red flag...
Apr 04, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about mortgage rates and inventory shortages and how that’s affecting homebuyers, real estate agents and mortgage lenders. The two also discuss the big nonbanks looking to expand their non-QM offerings and how they will be able to effectively compete against lenders who have been honing that product for years. HW Media articles related to this episode: Mortgage rates reach highest level since 2018 Why hou...
Apr 01, 2022•24 min
On today’s sponsored episode, Malessa Smith, managing editor of content solutions at HousingWire is joined by Kim Nichols, senior managing director at Pennymac TPO to talk about the state of today's market and housing constraints.
Mar 31, 2022•22 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Mortgage Reporter Maria Volkova about New York’s attempt to limit the foreclosure timeline and how that could affect mortgage lenders, servicers and consumers if it passes. The two also discuss flood insurance and the recent findings by HUD’s watchdog that the FHA insured thousands of mortgages in 2020 without the mandatory flood insurance coverage. HW Media articles related to this episode: NY bill would change statute of limitations ...
Mar 30, 2022•21 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Editorial Director Tracey Velt about the recently released 2022 RealTrends 500 brokerage rankings. Velt talks about the top four brokerages who are dominating the market with 20% market share, and how they got there. The two also talk about Compass’ position as No. 1 in sales volume, upending two stalwarts. Articles discussed: RealTrends 500: Top four brokerages captured historic rise in market share RealTrends 500: The Rise of Compass...
Mar 29, 2022•25 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about how high rates could go now that the 10-year yield has finally broken higher. The two also discuss inventory, new home sales and the possibility of credit controls to rein in demand. HW Media articles related to this episode: The housing market is now savagely unhealthy New home sales are at risk with rising mortgage rates How will rising rates affect new home construction?...
Mar 28, 2022•22 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the rising cost to originate and the resulting drain on lender profits. The two also discuss the lenders jumping into non-QM products, inventory shortages and more. HW Media articles related to this epiosde: Profit margins are plunging for nonbanks Homepoint to jump into the non-QM market UWM rolls out bank statement loans for self-employed borrowers...
Mar 25, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Georgia Kromrei about the much-anticipated PAVE Task Force report on appraisal bias. Kromrei digs into what the report did and didn’t address, including the scope of appraisal bias it is trying to solve. The two also discuss the practical implications of the report findings for appraisers, AMCs and lenders. HW Media articles related to this episode: CFPB is the latest agency to criticize the Appraisal Foundatio...
Mar 24, 2022•26 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Bill Conroy about what’s happening in the private label security market. The two discuss how rate volatility is affecting the PLS market and how a recent judge’s ruling in a lawsuit regarding student loan securitizations could result in the CFPB playing a larger role in the PLS market. HW Media articles related to this episode: PLS market struggling to clear backlog of loans locked at last year's rates Judge's ...
Mar 23, 2022•35 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Matt Blake about Knock, Offerpad and Compass and the iBuyer-agent relationship. In addition, the two discuss homebuilding and what housing starts and completions tell us about housing inventory for the rest of this year HW Media articles related to this episode: Knock raises $220M, lays off 46% of workforce Offerpad proposes iBuyer-agent marriage Despite queue of buyers, homebuilder sentiment drops again...
Mar 22, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about mortgage rates, housing starts and existing home sales. The overarching theme? The incredible shortage of housing inventory. HWD Media articles related to this episode: What the Fed rate hike means for the economy How will rising rates affect new home construction? The housing market is now savagely unhealthy...
Mar 21, 2022•27 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about this week’s biggest stories, including the Fed rate hike, the growth of non-QM offerings and the rare example of a top-performing brokerage switching channels to retail. HW Media articles related to this episode: The Fed makes its move – and more rate hikes are coming UWM rolls out bank statement loans for self-employed borrowers How InstaMortgage convinced top broker shop to jump to retail...
Mar 18, 2022•25 min
On today’s episode, HousingWire Managing Editor James Kleimann sits down with Senior Mortgage Reporter Georgia Kromrei to talk about recent developments in the housing regulatory space, including what topics were at the forefront of discussion at The National Association of Hispanic Real Estate Professionals (NAHREP) conference this past week. They also talk about equitable housing finance plans for the GSEs and staffing issues in the Federal Housing Administration (FHA). HW Media Articles relat...
Mar 17, 2022•33 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Real Estate Reporter Brooklee Han about lead poaching in Myrtle Beach and how real estate brokerages like eXp, Corcoran and Fathom are finding ways to grow amid record-low inventory. HW Media articles related to this episode: Drama in the Myrtle Beach real estate scene - RealTrends Fathom's model is built for a low-inventory environment, execs say - RealTrends eXp Realty expands into Greece...
Mar 16, 2022•21 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, editor of Reverse Mortgage Daily, about the investment Fairway is making to grow its HECM for purchase (H4P) business, including hiring industry vet Tane Cabe. The two also discuss how Finance of America Reverse and Longbridge are looking to increase their reverse footprint in this purchase market. HW Media articles related to this episode: How Fairway aims to change the conversation around H4P Reverse mortgage segment tout...
Mar 15, 2022•25 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about how the war in Ukraine is affecting commodity prices and contributing to inflation in the U.S. and what that means for homeowners would-be homebuyers. The two also discuss the recession red flags that Mohtashami is keeping an eye on, the 10-year yield and mortgage rates, and more. HW Media articles related to this episode: Why owning a home is the best hedge against inflation Homeowners gain $8.2 tri...
Mar 14, 2022•34 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Matthew Blake about the role of NFTs in the future of real estate, as well as what he’s discovering at the first-ever Crypto Real Estate Summit in Miami this week. The two also discuss how blockchain might disrupt the title industry and other parts of the real estate transaction. HW Media articles related to this episode: NFT mania and the future of the home sale - HousingWire Crypto and real estate awkwardl...
Mar 11, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the latest Better layoffs and the news that Lenders One is going to lease retail space from Walmart to offer mortgages in its stores. The two also discuss mortgage rates and which lender strategies are likely to succeed in a purchase market. HW Media articles related to this episode: Layoffs, again: Better.com to ax 3,000 employees Welcome to Walmart. Here's your mortgage Even with blow-out jobs rep...
Mar 10, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Real Estate Reporter Brooklee Han about the home-building sector and what we’re seeing in construction employment, wait times for materials, costs of materials and more. The two also talk about the role of Russian money in the U.S. real estate market and how that’s been affected by the war with Ukraine. HW Media articles related to this episode: Skilled labor is returning to homebuilding "It's crazy": Homebuilders big and small struggl...
Mar 09, 2022•32 min
On today’s episode, Editor in Chief Sarah Wheeler sits down with Editorial Director Tracey Velt to talk about the fate of the Oregon “love letter” law after a judge said it was too broad, citing the rights of real estate agents to free speech. The two also discuss RealTrends brokerage rankings, due out in March, which show some upsets among the top-five ranked brokerages. HW Media articles related to this episode Judge strikes down Oregon love letter ban RealTrends 500 Agent Rankings Check out t...
Mar 08, 2022•20 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the situation in Ukraine and how that is affecting bond yields and mortgage rates. The two also discuss the recent jobs report and whether the U.S. is close to a recession. HW Media articles related to this epiosde: Mortgage rates decline to 3.76% amid Ukraine conflict - HousingWire Despite 3-month slump, pending home sales look just right - HousingWire Even with blow-out jobs report, mortgage rates ...
Mar 07, 2022•28 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the drop in mortgage rates and what can be learned from the earnings of the last big lenders to report: UWM and Finance of America. The two also discuss what is happening with real estate brokerage Compass. HW Media articles related to this episode: Mortgage rates decline to 3.76% amid Ukraine conflict UWM's profits fall 54% in 2021 despite record production Finance of America asks investors to look...
Mar 04, 2022•38 min
On today’s episode, Editor in Chief Sarah Wheeler sits down with Senior Mortgage Reporter Georgia Kromrei to talk about interest rates and how they’re being affected by the opposing forces of rising inflation versus a flight to safety into Treasury bonds. The two also discuss the latest news on appraisal bias, including a social post that caught the eye of Rep. Maxine Waters.
Mar 03, 2022•34 min
On today’s episode, Editor in Chief Sarah Wheeler talks with HW+ Managing Editor Brena Nath about the Tech100 winners featured in the March edition of HousingWire Magazine. The two discuss the companies in mortgage and real estate that won the prestigious award as well as the difference between tech innovation and disruption.
Mar 02, 2022•32 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Matthew Blake about fourth-quarter earnings for iBuyers OpenDoor and Offerpad. The two discuss the differences between the two companies’ models and how that made such a difference in their profits. They also discuss eXp earnings and how other brokerages fared.
Mar 01, 2022•29 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about how the Russian invasion of Ukraine could affect global yields and mortgage rates in the U.S. The two also talk about new home sales and Logan’s recession model, including which economic factors are causing him to raise recession red flags.
Feb 28, 2022•23 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about what lenders are doing to grow in a purchase market. New referral relationships can happen anywhere, apparently, from the traditional kids’ soccer game to the very nontraditional gentleman’s club. The two also discuss the specific moves by Homepoint to adjust to purchase as outlined in their fourth-quarter earnings.
Feb 25, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler sits down with Senior Mortgage Reporter Georgia Kromrei to discuss the efforts by regulators to encourage lenders to develop special-purpose lending programs — and why that is fraught with peril for lenders. The two also discuss the FHFA’s new inspector general and Freddie Mac’s new program for accepting direct deposit information for income verification.
Feb 24, 2022•29 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, editor of Reverse Mortgage Daily, about the increased complaints about reverse mortgages to the Consumer Financial Protection Bureau, the controversy over FHA’s role in reverse servicing, and how reverse lender AAG has branched out with marketing through TikTok.
Feb 23, 2022•26 min
On today’s sponsored episode, Malessa Smith, managing editor of content solutions at HousingWire is joined by Linda Case, the SVP loan administration at The Money Source. They discuss the current state of subservicing and the intricacies of service transfers.
Feb 22, 2022•17 min
