On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Bill Conroy to talk about stress in the secondary market and how a lack of liquidity is affecting mortgage lenders. HW Media articles related to this episode: The mortgage market right-sizing is well underway. When will normalcy return? Inside the collapse of RMF, America’s fifth-largest reverse mortgage lender Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. ...
Dec 16, 2022•30 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the Fed’s rate hike announcement and how the bond market’s reaction is likely to drive down mortgage rates. HW Media articles related to this episode: Fed’s 50 bps rate hike could trigger falling mortgage rates Cooler inflation data sends mortgage rates lower Is the market pivoting ahead of the Fed? Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. E...
Dec 15, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, editor of Reverse Mortgage Daily, about some of the seismic shifts in the reverse industry over the last two weeks, including Finance of America buying AAG, the collapse of Reverse Mortgage Funding and more. HW Media articles related to this episode: Inside the collapse of RMF, America’s fifth-largest reverse mortgage lender FoA to acquire AAG’s DTC retail business One way reverse mortgages can fund aging in place: Home ren...
Dec 14, 2022•28 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the lenders entering the correspondent channel and those exiting wholesale. In addition, the two discuss Brian Covey leaving loanDepot for Revolution Mortgage. HW Media articles related to this episode: In a brutal market, lenders seize on correspondent U.S. Bank inherited a wholesale lending business. It’s shutting it down How boutique lender Revolution Mortgage plans its expansion Enjoy the episod...
Dec 13, 2022•25 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the inflation data we’re going to get this week and how he expects the Fed to react. HW Media articles related to this episode: Is the market pivoting ahead of the Fed? Mortgage rates collapse on softer inflation data Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming ac...
Dec 12, 2022•32 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about Reverse Mortgage Funding filing for chapter 11, the lawsuit around EPM’s sports sponsorship, and Ryan Gorman’s departure from Anywhere Real Estate. HW Media articles related to this episode: Inside the collapse of RMF, America’s fifth-largest reverse mortgage lender After margin call, EPM stopped paying Jesse Iwuji Motorsports sponsorship: lawsuit Gorman exits Coldwell Banker amid C-Suite shakeup at...
Dec 09, 2022•32 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about purchase apps and mortgage rates, as well as answering a listener’s question about a potential housing crash. HW Media articles related to this episode: LOs, mortgage rates and the long, cold winter ahead Lower mortgage rates are stabilizing the market Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a dee...
Dec 08, 2022•35 min
On today’s episode, Editor in Chief Sarah Wheeler is joined by Editorial Director Tracey Velt to talk about some of the real estate companies that have grown through previous challenging economic cycles as well as the innovative approaches agents and brokers are taking in this market. HW Media articles related to this episode: Against all odds: Brokerage lessons from firms that grew during the last recession Against All Odds: The story of how 17 firms found a way to grow and prosper in the worst...
Dec 07, 2022•30 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Jillian White, head of growth at Aloft, about racial bias in appraisals. Jillian, a Black appraiser who serves on the Appraisal Institute's Government Relations Committee and is an incoming trustee of the Appraisal Foundation's board of trustees, talks about the unconscious bias she thinks is at play in home valuations and the potential cures. HW Media articles related to this episode: Sandra Thompson talks volatility, affordability ch...
Dec 06, 2022•33 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the latest jobs report, housing bubbles and the crypto crash. HW Media articles related to this episode: Can we still avoid a recession? Stronger than expected job growth raises specter of more Fed hikes Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsr...
Dec 05, 2022•35 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the drop in mortgage rates following the Fed’s meeting this week, and whether rates could go even lower before the end of the year. HW Media articles related to this episode: Powell’s speech was a direct hit to mortgage rates The empire strikes back on lower mortgage rates Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our...
Dec 02, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about how we could still avoid a recession and what the purchase application data means. HW Media articles related to this episode: Can we still avoid a recession? Mortgage demand dropped last week despite a decline in rates Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming a...
Dec 01, 2022•27 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the new conforming loan limits, the possibility of more regulation for IMBs and home prices. HW Media articles related to this episode: Conforming loan limit jumps: government will back loans over $1M Home price appreciation continues to slow Opinion: We don’t need increased regulation of IMBs Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each m...
Nov 30, 2022•30 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Brena Nath, managing editor of HW+ and events, about the economic forecast series by industry leaders that will cover real estate, mortgage rates, MBS, fintech and more. HW Media articles related to this episode: Here’s why new home sales are up along with prices Don’t expect a drop in home prices in 2023, NAR economist says Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each mornin...
Nov 29, 2022•26 min
On today’s episode, Editor in Chief Sarah Wheeler talks to Lead Analyst Logan Mohtashami about what a Fed pivot will look like and how that will affect housing. HW Media articles related to this episode: Days on market grow despite low inventory for existing homes The empire strikes back on lower mortgage rates Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming acro...
Nov 28, 2022•34 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Logan Mohtashami in a special Black Friday edition that hits all the high points of housing bubbles, housing bears and housing data points. HW Media articles related to this episode: Days on market grow despite low inventory for existing homes Builders apply the brakes amid canceled contracts The empire strikes back on lower mortgage rates Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Med...
Nov 25, 2022•35 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about trends in lending, including what’s happening in non-QM and M&A, and the crazy cost of originating a loan. HW Media articles related to this episode: Why this small lender is running straight into the non-QM fire Inside Movement Mortgage’s acquisition plans It’s the ‘perfect storm:’ Average IMB lost $624 per loan in Q3 Enjoy the episode! HousingWire Daily examines the most compelling articles re...
Nov 23, 2022•23 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Maleesa Smith, managing editor of content solutions, about the loan products and creative solutions being leveraged in this market. HW Media articles related to this episode: Home equity loan vs. HELOC – What’s the difference? What is a 2-1 temporary rate buydown? 7 tips to engage your real estate sphere of influence 2023’s forward thinkers are investing in mortgage tech now Prioritizing client experience will be key for brokers in 202...
Nov 22, 2022•25 min
On today’s episode Editor in Chief Sarah Wheeler is joined by Lead Analyst Logan Mohtashami to talk about existing homes sales, inventory, starts and more. HW Media articles related to this episode Days on market grow despite low inventory for existing homes Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward...
Nov 21, 2022•34 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Alex Toth, general manager of homebuilder partnerships at Opendoor, about homebuilder sentiment, which builders are winning in this market and what we can expect in 2023. Articles discussed: Mortgage buydowns on the rise as builders try to entice more buyers Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories comi...
Nov 18, 2022•33 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the Fed’s recession obsession, plus purchase apps and builder sentiment. HW Media articles related to this episode: The empire strikes back on lower mortgage rates Mortgage demand rose on the back of slower inflation growth Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories com...
Nov 17, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler is joined by Chris Clow, editor of Reverse Mortgage Daily, to talk about the FHA MMI report, which showed the reverse mortgage portfolio is positive for only the second time since 2015. The two also discuss the NRMLA conference and 3Q earnings of Finance of America. HW Media Articles related to this episode: [Updated] FHA MMI report: Reverse mortgage portfolio is positive for 2022 FoA sees reverse, home improvement as key to its future Enjoy the ...
Nov 16, 2022•33 min
On today’s episode, Editor in Chief Sarah Wheeler talks with appraiser Ryan Lundquist, author of the Sacramento Appraisal Blog , about how sellers and agents can set home prices effectively in this volatile market. HW Media articles related to this episode: Don’t expect a drop in home prices in 2023, NAR economist says Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories com...
Nov 15, 2022•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the CPI inflation data and what that did to mortgage rates. HW Media articles related to this episode: Mortgage rates collapse on softer inflation data Why purchase application data is below 2008 levels Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsro...
Nov 14, 2022•36 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the shakeup at the top of the lender leader board, where wholesaler UWM has overtaken Rocket Mortgage to become the No. 1 lender in the country. HW Media articles related to this episode: UWM takes the originations crown from Rocket “Last night, my Uber driver was a loan officer.” Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we pr...
Nov 11, 2022•29 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about purchase application data, homebuilders, the labor market and when the Fed will stop dealing pain to the housing market. HW Media articles related to his episode: Homebuilders are done until mortgage rates fall The honey badger labor market will still bite housing Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listener...
Nov 10, 2022•34 min
On today’s episode, Editor in Chief Sarah Wheeler talks with credit expert, author and influencer Alisa Glutz about 10 things every real estate agent and mortgage originator should know about credit reports and scores. From medical collections to student loans, tax liens and more, Glutz shares creative ways to help borrowers improve their credit and grow your business. HW Media articles related to this episode: FHFA to replace Classic FICO with more inclusive credit model Enjoy the episode! Hous...
Nov 09, 2022•32 min
On today’s episode, Editor in Chief Sarah Wheeler is joined by housing luminary Dave Stevens, CEO at Mountain Lake Consulting, to talk about the challenges for mortgage originators in this market and ways to overcome those challenges. Stevens has served as senior vice president of single-family at Freddie Mac, executive vice president at Wells Fargo Home Mortgage, assistant secretary of housing and FHA Commissioner, as well as CEO of the Mortgage Bankers Association. HW Media Articles related to...
Nov 08, 2022•36 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the latest jobs report and where we stand in the Fed’s target for unemployment. HW Media articles related to this episode: The honey badger labor market will still bite housing Job growth continues but decelerates in October Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories co...
Nov 07, 2022•34 min
On today’s episode, Editor in Chief Sarah Wheeler is joined by Managing Editor James Kleimann to talk about the fallout from the Fed’s latest rate hike and the consolidation we’ll see over the next year among mortgage banks. HW Media articles related to this episode: The great mortgage bank consolidation wave is underway Why industry experts don’t expect mortgage rates to fall Enjoy the episode! HousingWire Daily examines the most compelling articles reported across HW Media. Each morning, we pr...
Nov 04, 2022•33 min