On today’s episode, Editor in Chief Sarah Wheeler is joined by Lead Analyst Logan Mohtashami to talk about Friday’s job report, mortgage rates and whether the Federal Reserve’s rate hikes led to the failure of Silicon Valley Bank. The two also discuss how the failure might be the tipping point for a Fed pivot. Related to this episode: Is job growth slowing enough for the Fed? Inflation is high, so why aren’t mortgage rates higher? HousingWire’s YouTube Channel Enjoy the episode! Gathering of Eag...
Mar 13, 2023•34 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann to talk about Rocket, UWM and loanDepot earnings, as well as the consolidation rumors we’re hearing about. Related to this episode: Rocket has a plan to drastically cut costs. Does it go far enough? UWM reports financial loss in Q4 but expects margins to rise in Q1 loanDepot reports another big loss in Q4 as board fight looms HousingWire’s YouTube Channel Enjoy the episode! Gathering of Eagles will bring ...
Mar 10, 2023•29 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the Federal Reserve’s recent comments, mortgage rates, job openings, purchase applications and whether the mortgage rate lockdown is real. Related to this episode: Demand for home loans climbs despite surging mortgage rates Inflation is high, so why aren’t mortgage rates higher? HousingWire’s YouTube Channel Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real ...
Mar 09, 2023•38 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about Black Knight selling its Empower LOS ahead of its planned merger with ICE. The two also discuss updates to Fannie Mae’s Selling Guide on appraisals. Related to this episode: ICE and Black Knight find a buyer for Empower as merger scrutiny heats up Fannie Mae: Appraisals are no longer the default option HousingWire’s YouTube Channel Enjoy the episode! Gathering of Eagles will bring together the natio...
Mar 08, 2023•34 min
On today’s episode, Editor in Chief Sarah Wheeler talks to Sara Holtz, vice president of demand marketing and communications at ICE, about the company’s latest borrower insights survey ahead of its release on April 1. The two discuss what borrowers want in five specific areas of the mortgage process. Related to this episode: The housing market faces a three-pronged challenge ICE Mortgage Technology's Collateral Library 2023 Borrower Insights Survey: What do borrowers want? Connect with Sara on L...
Mar 07, 2023•30 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about why mortgage rates are so high, and what we can expect as we go into the spring homebuying season. Related to this episode: The 7% mortgage is back with a vengeance Inflation is high, so why aren’t mortgage rates higher? HousingWire’s YouTube Channel Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to gr...
Mar 06, 2023•36 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Eric Lapin, president of FormFree, about Stewart’s acquisition of the AccountChek business and why lenders should be excited about consumer-controlled data. Related to this episode: Stewart acquires FormFree’s AccountChek business Connect with Eric on LinkedIn HousingWire’s YouTube Channel Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams t...
Mar 03, 2023•27 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the latest spike in mortgage rates and when we might see the jobs report turn. Related to this episode: Higher mortgage rates dim hope for a busy spring housing market Housing Market Tracker: Higher rates crush purchase apps HousingWire’s YouTube Channel Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams t...
Mar 02, 2023•30 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Courtenay Dunn, director of governmental affairs for Intercontinental Exchange, to talk about regulatory trends and the data and technology lenders are using now to be compliant. Related to this episode: Supreme Court to hear case challenging the CFPB funding structure Intercontinental Exchance Inc Connect with Courtenay on LinkedIn Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs...
Mar 01, 2023•29 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Bryan Young, CEO and co-founder of Home Lending Pal, about making the mortgage process more equitable. The two discuss the obstacles faced by first-time homebuyers and how lenders can build more meaningful relationships with borrowers. Related to this episode: With landmark GSE equity plans, FHFA confronts legacy of redlining Share of Black first-time homebuyers falls to 3% Home Lending Pal Connect with Bryan Young on LinkedIn Enjoy th...
Feb 28, 2023•29 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about new home sales and how mortgage rate volatility is causing chaos in the housing market. Related to this episode: New home sales continue to climb in 2023 The housing industry is on a mortgage rate roller coaster Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, network, and set the pace for what'...
Feb 27, 2023•34 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the mortgage insurance premium cut and Wells Fargo’s mortgage strategy amid more layoffs. Related to this episode: FHA makes 30 bps MIP cut, mortgage industry cheers Wells Fargo conducts another round of layoffs in home lending business Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, network, ...
Feb 24, 2023•32 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about new listings data, purchase apps and the end of the savagely unhealthy housing market. Related to this episode: The savagely unhealthy housing market is over Mortgage demand falls again as mortgage rates climb closer to 7% Housing Market Tracker: Mortgage rates spike as inventory falls Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents...
Feb 23, 2023•35 min
On today’s episode, Managing Editor James Kleimann talks with editor Angelica Leicht about all that's happening in the mortgage landscape, including acquisitions, deals, reverse happenings and existing sales from January. And, a little bit about the current saga happening at Rocket Mortgage. Related to this episode: FOA agrees to sell commercial lending business to Roc Capital Push button. Get CEO? What’s next for Rocket Existing home sales continue to decline in 2023 Enjoy the episode! Gatherin...
Feb 22, 2023•31 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Tracey Velt, senior director of data and content at HW Media, about real estate listing agreements, brokerages expanding into mortgage, luxury teams heading for greener pastures, and more. Related to this episode: Real estate, right to list agreements, and Rumpelstiltskin Howard Hanna launches community-based lender United Purpose Mortgage Zillow offers a new home selling solution with Opendoor Enjoy the episode! Gathering of Eagles wi...
Feb 21, 2023•25 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the collapse in investor demand and why that hasn’t created a spike in housing inventory. The two also discuss the bond market and mortgage rates. Related to this episode: Investor home purchases fell by nearly 50% in Q4 2022 The homebuilders got lucky this time Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership...
Feb 20, 2023•33 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about Jay Farner leaving Rocket, Joe Tyrrell leaving ICE, Zillow earnings, and more. Related to this episode: Jay Farner is leaving Rocket Companies Tim Bowler named president of ICE Mortgage Technology Zillow’s ‘housing super app’ vision takes shape Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, n...
Feb 17, 2023•29 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about purchase apps, builder confidence data, inventory and mortgage rates. Related to this episode: Will hotter inflation send mortgage rates back over 7%? Builders are feeling cautiously optimistic thanks to lower mortgage rates Mortgage demand declines amid persistently high inflation Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, an...
Feb 16, 2023•36 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Odeta Kushi, deputy chief economist at First American, about where mortgage rates will stabilize, affordability, inventory and more. Related to this episode: Housing Market Update: Slowdance or Great Resetting? Volume, First-time buyers, CX and Rates Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, network, and set the pace for wh...
Feb 15, 2023•30 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, editor of Reverse Mortgage Daily, about opportunities to help borrowers in retirement, including leveraging reverse mortgages for ADUs or “granny flats.” Related to this episode: Sandwich generation stressed about meeting financial obligations Millionaires aren’t always confident about retirement, survey says Reverse mortgage program is a fraying senior lifeline, experts say Enjoy the episode! Gathering of Eagles will bring...
Feb 14, 2023•27 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about mortgage rates and how the recent increase will affect the spring home-buying season. The two also discuss inventory and the state of the overall economy. Related to this episode: Mortgage rates rise for the first time in 2023. Is volatility back? Housing Market Tracker: Inventory and purchase applications data fall together Enjoy the episode! Gathering of Eagles will bring together the nation's top ...
Feb 13, 2023•32 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about recent lender news, including the very hot M&A market, more drama at loanDepot and the latest in the Rocket/UWM battle for brokers. Related to this episode: Inside American Pacific Mortgage’s quest for expansion Anthony Hsieh steps down as loanDepot’s executive chairman Rocket Mortgage will fight UWM’s ‘ultimatum’ with its wallet Enjoy the episode! Gathering of Eagles will bring together the nat...
Feb 10, 2023•32 min
On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about purchase app data and the spring homebuying season, and what he predicts for inventory and mortgage rates. Related to this episode: Housing Market Tracker: Inventory and purchase applications data fall together Hawkish Fed couldn’t curb market optimism — and mortgage rates tumbled Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and...
Feb 09, 2023•29 min
On today's episode, HW Media COO Diego Sanchez is joined by Michelle Boyd, Chief Strategy Officer at Terner Housing Innovation Labs to extend the discussion from their recent Fireside Chat . They talk about about the nation's current housing affordability crisis and the work that Terner is doing to address these challenges for homebuyers. Terner Labs works with a portfolio of businesses and entrepreneurs to provide weekly coaching, grants and fundraising, and access to a national network of trad...
Feb 08, 2023•15 min
On today's episode, HW Media COO Diego Sanchez is joined by the Senior Director of Content and Data Tracey Velt to discuss some of the cost-cutting measures seen among several nationwide brokerages, including personnel cuts and the closing down of brick-and-mortar offices. They also talk about how to best prepare for the worst-case in commission lawsuits and some of the great speakers you could see in this year's Gathering of Eagles. Related to this episode: Personnel targeted as brokers reduce ...
Feb 07, 2023•17 min
On today's episode, HW Media COO Diego Sanchez is joined by Lead Analyst Logan Mohtashami to talk about Friday's incredibly strong jobs report and the implications for future decisions by the Fed. Related to this episode: Positive jobs report sends mortgage rates higher Register: HW+ Housing Market Update Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, network, and set the pace for what's ...
Feb 06, 2023•24 min
On today's episode, HW Media COO Diego Sanchez is joined by Altos Research President Mike Simonsen to unpack some of the recent data from Altos' research, including unusual inventory data for January and a potential turning tide on the demand side of the market. They also discuss an upcoming HousingWire webinar with Mike that will go into his 2023 market predictions. Related to this episode: Has the Housing Market Already Found the Bottom? Webinar: Positive Signs for the Spring Housing Market? E...
Feb 03, 2023•18 min
On today's episode, HW Media COO Diego Sanchez is joined by Lead Analyst Logan Mohtashami to talk about the data in his most recent weekly housing market tracker, which had purchase apps heating up but still saw a decline in inventory. Related to this episode: Housing Market Tracker: Housing inventory falls once more Enjoy the episode! Gathering of Eagles will bring together the nation's top residential real estate CEOs, Presidents, and C-Level leadership teams to grow, network, and set the pace...
Feb 02, 2023•24 min
On today's episode, HW Media COO Diego Sanchez is joined by newsroom editor Angelica Leicht to unpack some of the recent newsroom coverage, including Flagstar Bank's retail mortgage division shutdown, predictions for home price correction and layoffs at Clear Capital. Related to this episode: Flagstar Bank shuts down retail mortgage division These four cities will see 2008-like correction in home prices: Goldman Sachs Clear Capital cuts 24% of its workforce in restructuring Enjoy the episode! Ga...
Feb 01, 2023•15 min
On today's episode, Senior Director of Content and Data Tracey Velt is joined by real estate reporter Brooklee Han to talk all things real estate. They get into a recent NAR victory in a renewed DOJ antitrust probe and recent talks between Compass, eXp and @propertries execs about the profitability of brokerage firms. Related to this episode: Compass, other brokerages go head-to-head on final day of Inman Connect NAR victorious in renewed DOJ antitrust probe Sanford, other execs talk leadership ...
Jan 31, 2023•24 min
