On today’s episode, Editor in Chief Sarah Wheeler talks to Lead Analyst Logan Mohtashami about rising home prices and the long-lasting effect on affordability, inventory and housing tenure. The two also discuss his recession red flags and who will get hit hardest. HW Media Articles related to this episode: How home-price growth has damaged the housing market The savagely unhealthy housing market is now a nightmare Enjoy the episode!...
Jun 29, 2022•29 min
On today’s episode, HousingWire Managing Editor James Kleimann with Senior Mortgage Reporter Matthew Blake about his far from glamorous experience while shadowing a top-performing Chicago real estate agent, Stephanie LoVerde. They also talk about the Pheonix market and what kinds of effects that institutional investors have on local buyers, agents and sellers. HW Media articles related to this episode: Phoenix rising in inventory, institutional investors Enjoy the episod!...
Jun 28, 2022•22 min
On today’s episode, Editor in Chief Sarah Wheeler talks to Lead Analyst Logan Mohtashami about new home sales, existing home sales, inventory levels, where we are on recession watch and more. The two also discuss whether mortgage rates have reached a ceiling. HW Media articles related to this episode: The savagely unhealthy housing market is now a nightmare Housing starts data raises 5th recession red flag Enjoy the episode!...
Jun 27, 2022•37 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about layoffs at Chase and Wells Fargo, and the move by UWM to drop rates by 50 to 100 basis points. The two also discuss rising origination costs and how that affects affordability. HW Media articles related to this episode: UWM drops rates 50 to 100 basis points in bid for brokers - HousingWire JPMorgan Chase to cut hundreds of mortgage jobs - HousingWire Purchase mortgage rates continue incremental, up...
Jun 24, 2022•30 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, editor of Reverse Mortgage Daily, about the effects of rising mortgage rates on the reverse space. The two talk about falling volume and how lenders are adapting, including industry layoffs. HW Media articles related to this episode: Updated: Three major reverse mortgage lenders make changes to private products due to market volatility Reverse mortgage retail segment leads April volume drop Reverse mortgage professionals se...
Jun 23, 2022•28 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Matthew Blake about layoffs at big real estate brokerages and how companies are taking a hard look at office leases, tech expenses and more. The two also discuss whether CoStar has found Zillow’s Achilles heel in New York City and the implications for the rest of the country. HW Media articles related to this episode: Redfin shareholders approve millions in executive payouts same day of mass layoffs Bleeding ca...
Jun 22, 2022•34 min
On today’s episode, Lead Analyst Logan Mohtashami outlines why he’s raised his 5th recession red flag and where we are on his recession watch. He also discusses what the Fed rate hike means and what he’s looking for next. HW Media articles related to this episode: Housing starts data raises 5th recession red flag Logan Mohtashami: "biggest affordability hit in our lifetime"...
Jun 21, 2022•21 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the volatile rate environment and the effect that’s having on the housing market. The two talk about how lenders and real estate agents — as well as title and appraisal professionals — are coping in a week that has given many people whiplash. HW Media Articles Related to this Episode: How mortgage lenders are navigating life at 6% How the Fed's rate hike will affect the housing market...
Jun 17, 2022•21 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Georgia Kromrei about Fannie and Freddie approving the expanded use of alternative appraisal methods, including automated valuation models, desktop appraisals and hybrid appraisals. The two also discuss how the appraisal changes fit into FHFA’s broader housing equity goals. HW Media Articles related to this episode: GSEs further expand AVMs, desktop and hybrid appraisals With landmark GSE equity plans, FHFA con...
Jun 16, 2022•27 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Reporter Bill Conroy about how investors in the secondary market are reacting to rapid rate changes. The two also discuss the non-QM lenders expanding during this time and how the GSEs are offloading risk. HW Media articles related to this episode: Non-QM players still doing PLS deals despite rate volatility HW+ Foreign investors play key role in MBS market Jun 10, 2022 Non-QM lender Excelerate Capital flexing its wings in a new...
Jun 15, 2022•25 min
Logan Mohtashami explains some of the seismic changes in the market over the last few days, including the 10-year yield and more.
Jun 14, 2022•32 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about home prices and whether they are about to fall. Logan explains what the last 10 years of data on inventory, purchase apps and mortgage rates tell us about what will happen next in the housing market. HW Media Articles related to this episode: Are home prices about to fall?
Jun 13, 2022•40 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Tracey Velt, editorial director at Real Trends, about the top producing agents and real estate teams on the RealTrends + Tom Ferry The Thousand list. The two discuss how agents and teams are driving production even in a low-inventory environment and some of the standouts from the rankings. HW Media Articles Related to this episode: The Thousand agents break records, average $1M sales price The special-lists: The wild volume world of li...
Jun 10, 2022•22 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Maleesa Smith, managing editor of content solutions, about what’s trending in tech solutions, whether products, platforms or services — and what that says about pain points in the industry right now. The two also discuss eClosing solutions, increased interest in loan origination systems and more. HW Media Articles related to this episode: Here's why some lenders choose IPEN over RON Creating a path to success in today's purchase market...
Jun 09, 2022•23 min
On this episode, Editor in Chief Sarah Wheeler talks with managing editor James Kleimann about the cancellation of the merger between Figure and Homebridge, which was supposed to serve as a test case for leveraging blockchain in mortgage at scale. The two also discuss the round-up of which lenders have laid off staff this year, as well as the new loan products — non-QM, reno and reverse — that lenders are using to increase volume. HW Media Articles related to this episode: Figure and Homebridge ...
Jun 08, 2022•33 min
On this episode, Editor in Chief Sarah Wheeler talks with Reporter Connie Kim about the growing popularity of non-QM loans and how lenders and tech companies are trying to streamline the traditionally heavy lift of non-QM underwriting. With some experts predicting that non-QM will become 1/3 of the market by the end of the decade, the two also discuss how the GSEs might become involved as part of their duty to serve. HW Media Articles related to this episode: The looming non-QM commoditization q...
Jun 07, 2022•17 min
On this episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about recent recession talk: are we really in for a hurricane, as JPMorgan CEO Jamie Dimon put it? The two also discuss inventory, jobs and more. HW Media Articles related to this episode: Solid job growth defies recession talk — for now Housing inventory rebounding, annual gain reported after nearly 3 years - RealTrends...
Jun 06, 2022•30 min
On this episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the good news this week on housing inventory and the rising popularity of renovation loans. The two also discuss mortgage rates. HW Media Articles related to this episode: Housing inventory rebounding, annual gain reported after nearly 3 years Mortgage rates steady at 5% as housing supply increases...
Jun 03, 2022•27 min
On today’s episode, Editor in Chief Sarah Wheeler talks to Chris Clow, editor of Reverse Mortgage Daily , about the rise in reverse mortgage volume this year and the trend toward private label reverse products. The two also discuss important topics from the first in-person National Reverse Mortgage Lenders Association (NRMLA) conference since the onset of the COVID-19 pandemic. HW Media Articles related to this episode: NRMLA executive committee welcomes reverse mortgage industry back to events ...
Jun 02, 2022•25 min
On this episode, Editor in Chief Sarah Wheeler talks with HW+ Director Brena Nath about the June issue of HousingWire Magazine, which features winners of the Rising Stars award, including Morgan Salama, a VP at Realogy, on the cover. The two also talk about other HW award programs and how companies can submit compelling nominations. HW Media Articles related to this episode: HousingWire Magazine: 2022...
Jun 01, 2022•24 min
On this episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about inventory, inflation and purchase apps. The two also discuss existing home sales and recession red flags. HW Media Articles related to this episode: Purchase apps are at 2009 level: where's the inventory? Are new home sales flagging a recession?...
May 31, 2022•34 min
On this episode, Editor in Chief Sarah Wheeler talks with Senior Reporter Bill Conroy about the data breach at Lakeview Loan Servicing that exposed the personal information of 2.5 million borrowers, and the lawsuits now being filed against the company. The two also discuss the rise of alternative loan products in this purchase market, including non-QM loans and adjustable-rate mortgages (ARMs). HW Media Articles related to this episode: Lakeview Loan Servicing confronts wave of lawsuits after da...
May 27, 2022•35 min
On this episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Georgia Kromrei about the challenges facing FHFA Director Sandra Thompson, and how she might sharpen her focus now that she has been confirmed. The two also discuss manufactured housing and the myriad obstacles in front of the GSEs as they look to serve borrowers taking out chattel loans to buy manufactured homes. HW Media Articles related to this episode: Sandra Thompson confirmed as FHFA director GSEs still shun...
May 26, 2022•25 min
On this episode, Editor in Chief Sarah Wheeler talks with Reporter Brooklee Han about the many questions about RESPA compliance, and how real estate and title companies are figuring out how to stay on the right side of regulations. The two also discuss the rebrand and 10M fundraise of Buyside (now Percy) and the latest new home sales report. HW Media Articles related to this episode: Beach trips and other challenges of interpreting RESPA April new home sales drop 16.6%, pushing up supply Meet Pe...
May 25, 2022•28 min
On this episode, Brena Nath, director of HW+ and events, talks with RealTrends Editorial Director Tracey Velt about some of the exciting upcoming events and awards planned by HW Media. The two discuss the winners of RealTrends' 2022 Game Changers Award and what speakers and topics will be featured at the Gathering of Eagles event next month in Colorado Springs. HW Media Articles related to this episode: Gathering of Eagles GameChangers brokerages show triple-digit, five-year growth HousingWire D...
May 24, 2022•22 min
On this episode, Director of HW+ and Events Brena Nath talks with Lead Analyst Logan Mohtashami about rates are affecting housing starts, existing home sales, and the myths behind panic selling. The two also discuss some of the topics brought up at a recent in-person talk with Mohtashami, including how the luxury market is being affected by rising rates. HW Media Articles related to this episode: Almost 45% of homeowners are now equity rich Mortgage applications rise despite higher rates This sa...
May 23, 2022•23 min
On today’s episode, HousingWire Senior Mortgage Reporter Georgia Kromrei is joined by Mortgage Reporter Maria Volkova. They talk about Julia Gordon's confirmation as the new FHA commissioner and what kinds of policies we should expect to see coming out of her office, including adjustments to servicing guidelines and potential reduction in premiums. HW Media Articles related to this episode: Julia Gordon confirmed as new FHA commissioner FHA Commissioner Julia Gordon gets to work CHLA and 41 IMBs...
May 20, 2022•21 min
On today’s episode, RealTrends Editorial Director Tracey Velt is joined by HousingWire Senior Real Estate Reporter Matthew Blake. They talk about some of the insights gained from Compass' recent first-quarter earnings amid reported losses and leadership shakeups. They also talk about the feasibility of prosecuting RESPA violations and give an update on discount brokerage REX's supposed shut down amid their litigation against the National Association of Realtors. Articles related to this episode:...
May 19, 2022•26 min
On this episode, Editor in Chief Sarah Wheeler talks with HW Media CEO Clayton Collins about how mortgage and real estate executives are dealing with this low-volume environment, from Anthony Hsieh at loanDepot to Bill Dallas, most recently at Finance of America. As host of the Housing News podcast, Clayton gets to dive deep into how executives are feeling and what practical steps they’re taking. HW Media Articles related to this episode: Preparing for a mortgage market cycle with Anthony Hsieh ...
May 18, 2022•32 min
On this episode, Editor in Chief Sarah Wheeler talks with reporter Connie Kim about the proposed acquisition of Black Knight by ICE and what Blend’s earnings portends for the rest of the tech space. The two also discuss some of the recent tech launches and what might come next. HW Media Articles related to this episode: What will happen if ICE and Black Knight join forces? Blend: We plan to outperform the decline in origination volume Optimal Blue hopes to hook mortgage brokers with real-time ra...
May 17, 2022•15 min
