On today's episode of the Housing News podcast, Plaza CEO Kevin Parra shares how his career as a mortgage lending executive has shaped the actions he is taking to prepare his business for 2023 and beyond. The conversation focuses on cost-efficient lending, focusing on single-channel strategies and building cultures that support recruiting and retaining the best people. Kevin addresses some of the industry's biggest challenges including reducing headcount to match the volume and capacity curve, m...
Feb 16, 2023•38 min
On today's episode of the Housing News podcast, we had the pleasure of speaking with Todd Carpenter , who has had an extensive and successful career in real esate technology. Most recently the Director of Strategic Investments at NAR, Todd now writes his own blog at todd.re and works freelance with real estate and technology firms. Clayton and Todd talk about how the rise of artificial intelligence like ChatGPT might disrupt the real estate industry in the future and also dive into the rumored d...
Feb 02, 2023•50 min
On today's episode, Igor Popov is joining us to dissect and discuss trends in the rental market. Igor is the Chief Economist and Head of Analytics over at Apartment List and he and Clayton talk all things rental housing market data derived from the most recent national rent report by Apartment List, including rent growth data in 2022 and how remote work will most impact the rental market in specific spots across the country. They also dive deep into the rental pricing and demand trends that bega...
Jan 26, 2023•51 min
Today, Clayton had the opportunity to sit down and talk to Daren Blomquist , the VP of Market Economics at auction.com . Daren has been around this space for quite a while and analyzes and forecasts complex macro and microeconomic data trends, with his works being cited in major publications such as The New York Times and The Wall Street Journal. For this episode, we invited Daren to talk about a really unique and not often talked about perspective derived from the auction.com platform to help u...
Jan 19, 2023•38 min
Our wonderful guest today brings to the table 23 years of experience in operating businesses in the mortgage technology ecosystem. In this episode, Dan Sogorka , the president and CEO of Sagent , sits down with Clayton to talk about private equity, venture capital and some of the current opportunities for dealmaking and consolidation in the mortgage tech space. They also talk about the impacts of fintechs, technology's relationship with mortgage servicing, some of the trends that have happened o...
Jan 12, 2023•49 min
On today's episode of Housing News, we have the pleasure of welcoming two great guests from CoreLogic: John Rogers , the Chief Innovation Officer, and George Gallagher , a Principal of ESG & Climate Change, Natural Hazard and Spatial Solutions. This episode is focused on all things climate and climate risk. The three unpack all the things that lenders, businesses, homeowners and other real estate owners need to understand about climate risk, both now and in the future. They also share where ...
Jan 05, 2023•44 min
To close out 2022, this week we are bringing you a fascinating, in-depth conversation with Victoria DeLuce , the Senior Vice President of Business Development and Capital Markets Thought Leader at Delmar Mortgage . Victoria does an incredible job at bringing her capital markets expertise and her understanding of rates data to originators to help interpret where the market is going. She and Clayton also talk a lot about hedging works, recent Federal Reserve news, and some of the data points that ...
Dec 29, 2022•45 min
For today's Housing News episode, we are bringing you a crossover from the HousingWire Daily podcast featuring Brian Covey , the EVP of Strategy and Development at Revolution Mortgage and a regular face at HW Media engagements. After his professional soccer career, Covey was a high-profile vice president at loanDepot who left the company after five years to join Revolution Mortgage. Brian joins HW Media Editor in Chief Sarah Wheeler to talk about Revolution’s lending model, how LOs and brokers c...
Dec 22, 2022•36 min
Today's Housing News guest is Anthony Casa , the president and CEO at UMortgage to talk in-depth about an acquisition that UMortgage announced this very morning. Clayton and Anthony also talk about their communication and M&A strategy, the way that he has evolved and attracted people as a leader over the years, and shares some strategy tips about how to recruit the next generation of talent in the mortgage industry. Enjoy the episode! The Housing News podcast explores the most important topi...
Dec 19, 2022•42 min
Today we have the pleasure of bringing you a crossover episode from our recently acquired Altos Research's Top of Mind Podcast . On the show, Mike Simonsen, Altos President, interviews experts from across the real estate ecosystem on housing data trends and other happenings in the industry. For this episode, Mike interviews Rick Palacios, the Director of Research and a Managing Principal at John Burns Real Estate Consulting . Rick was an incredible Housing News guest this past spring, so we are ...
Dec 15, 2022•1 hr 11 min
On today's episode, Clayton has the pleasure to speak with Katherine Campbell, the Chief Digital Officer at Assurance Financial , a veteran in the financial services industry and a core part of the HousingWire community as one of our 2022 Marketing Leaders. Clayton and Katherine do a deep dive into the digital roadmap that she's been running since 2018, including the different iterations and what it has enabled for the culture and efficiency at Assurance Financial. They also talk about the indus...
Dec 12, 2022•56 min
For today's episode, we are bringing to the Housing News audience first a very special announcement about an acquisition that we've made at HW Media that is going to be really transformative across the HW Media brand and the housing news industry. We are really excited to bring on the CEO of the business who is joining our leadership team to help build out this mission, Mike Simonsen of Altos Research. This episode is a very special behind-the-scenes look into a conversation between Mike and Cla...
Dec 08, 2022•32 min
For today's episode, we have Josip Rupena , the founder and CEO of Milo , a mortgage lender that's focused on serving foreign buyers in the US as well as offering a crypto-backed mortgage product. Clayton and Josip talk about the background of crypto-backed mortgages and exactly how they work with backing the purchase of real estate. They also go into some of the crypto risks that are created and intersected by the rapid changes in the US housing market amid the downfall of BlockFi and FTX. Enjo...
Dec 05, 2022•43 min
In today's episode, Clayton had a fantastic opportunity to talk with fellow entrepreneur and operator in the mortgage ecosystem, John Paasonen , the co-founder and CEO at Maxwell. Clayton and John do a deep dive into the evolution of Maxwell over the years, from the strategies that were involved on day one and the parts where his clients helped pull the company forward. With Maxwell being at the forefront of a lot of mortgage ecosystem innovation and adoption, he also shares a handful of tips on...
Dec 01, 2022•47 min
Today, Clayton interviews Dr. Lisa Sturtevant, the chief economist of Bright MLS . They cover everything from economic data to innovations in mortgage lending, valuation trends in the real estate brokerage industry, and market data local to Bright as well as national trends. But, most importantly, we hope you'll tune in and stay for the whole episode as Lisa provides her predictions for the 2023 market, including her forecast for interest rates and home prices. Enjoy the episode! Check out the C...
Nov 28, 2022•59 min
For today's episode of the Housing News Podcast, we're bringing you the audio version of an interview featuring Clayton and the CEO of Rook Capital , Ed Messman, who talks about some of the innovative solutions to the home affordability crisis. Clayton and Ed's conversation helps lay a great backdrop to the affordability challenge that our country is currently facing and how that challenge impacts both mortgage and real estate professionals across the country. They also go into some of today's i...
Nov 21, 2022•31 min
On today's episode, we sit down with Scot Rose , the Chief Innovation Officer at Class Valuation to talk about the way that some lenders are adopting technology around their appraisal evaluation processes that will prepare them to innovate on the other side of this turbulent market. Clayton and Scot unpack some of the things that Class Valuation is building that'll help drive business, as we're seeing market uncertainty put a lot of people on the sidelines, and only the most strategic players ar...
Nov 17, 2022•51 min
Today, we welcome Willie Newman , the president and CEO of Homepoint , to the Housing News podcast! In this episode, Clayton and Willie talk about navigating market cycles, building more resilient mortgage banks with better technology and workflows, and ensuring the IMBs are staffed and resourced properly and efficiently for today's lower volume. Listen in to this playbook conversation for industry executives and professionals that have their eye on the horizon and aren't afraid to use a housing...
Nov 14, 2022•40 min
Today we're joined by Eddy Perez , the CEO and president of Equity Prime Mortgage and committee member and board member of the Mortgage Bankers Association. Eddy brings to the table some really great information about how leaders can get involved in the MBA and other organizations across the industry and how they can really make an impact in the broader housing economy outside of their own operations. Clayton and Eddy also unpack some of the challenges that come with running your own business or...
Nov 10, 2022•1 hr
Today's guest Nima Wedlake , a Principal at Thomvest Ventures, Board Observer at LoanSnap, recognized as one of the 2020 Rising Stars of Fintech VC by Business Insider, and much more! As a man who wears many hats in the industry, Nima brings a ton of value to this conversation by talking through the Tomvest investment strategy and the portfolio that he is currently betting on in the real estate tech, proptech and fintech markets. Clayton and Nima also hit on a few other really important topics h...
Nov 07, 2022•51 min
Today's episode focuses on the entrepreneurial side of loan quality, quality control and audit services. We welcome to the show some of the leadership behind QC Ally , formerly known as Inco-Check, including Nicole Booth , the Chief Marketing Officer, Donna Gibson , the Chief Operating Officer & President, and Mike Detwiler , a partner at QC Ally. Clayton talks to the group about Inco-Check's recent acquisition and the subsequent rebrand to QC Ally, some of the different growth drivers that ...
Nov 03, 2022•39 min
Today we have two phenomenal guests talk about a collaboration on artificial intelligence in the correspondent lending world: Rich Gagliano , the President of Origination Technologies for Black Knight and Tom Wind , the Executive Vice President of Consumer Lending at U.S. Bank. Rich and Tom sit down to talk with Clayton about this collaboration that aims to build more efficient origination processes, but they also talk about their own unique challenges and opportunities as they build both their ...
Oct 31, 2022•50 min
Today we have the pleasure of welcoming Dave Miller , the Executive Vice President of Business Development at Cenlar , to the Housing News podcast to talk about servicing and just how important it is in today's market. Dave and Clayton talk about how Cenlar has evolved over the decades to become the largest sub-servicer in the country. They also discuss some of the dynamics that originators and real estate professionals need to understand about the servicing world, and what services are going to...
Oct 27, 2022•48 min
Today we give a very warm welcome to Desmond Smith , the Chief Growth Officer at United Wholesale Mortgage to the Housing News podcast! Clayton and Desmon talk about how his career — which has spanned multiple institutions across the mortgage industry, including Wells Fargo, JPMorgan Chase, and Fannie Mae — has shaped the way he currently operates as a mortgage executive at UWM. He also jumps into how the past year has shaped both his personal and professional goals, how he leads day-to-day and ...
Oct 24, 2022•33 min
Today, Clayton welcomes the SVP and GM of Equifax Mortgage and Housing, Craig Crabtree , onto the Housing News podcast. Craig has an incredible background as a mortgage lender, which led him to his career as a GM at Equifax. Clayton and Craig spend a lot of time talking about different credit data sources — from rent data to utility credit data — which Equifax is currently bringing to market as a new and unique data field that lenders can leverage outside of their traditional credit reporting bo...
Oct 20, 2022•50 min
We are back for the third and final part of our three-part series focused on affordable housing and increasing accessibility of homeownership! Today, we welcome Montell Watson to the show! Montell is the Director of Diversity Lending and Strategic Partnerships at Movement Mortgage . He and Clayton walk through his career in mortgage lending and helping Movement launch their Consumer Direct division. They also go into some of the initiatives that he has spearheaded over the years, including Grab ...
Oct 17, 2022•43 min
This week we're back for episode two in our three-part series focused on expanding access to homeownership, the impact on potential homeowners and homebuyers as well as the economic benefits for our broader economy. And on today's episode, Clayton sits down with Shaival Shah , the co-founder and CEO of Ribbon . They do a deep dive into the power buyer business model, or as Shaival likes to say, the "cash buyer model" and how this cash buyer model is helping to enable new families and new homeown...
Oct 13, 2022•43 min
We are dropping a special —and very timely — bonus episode looking at the state property of insurance in Florida in light of Hurricane Ian that hit Florida this past week. Today, Clayton is joined by Ryan Letzeiser , the CEO and co-founder of Obie , to talk about all the challenges that the state of Florida has when it relates to property and flood insurance and how hurricanes and other coastal weather patterns are currently impacting and going to impact the insurance market in the future. Help ...
Oct 08, 2022•46 min
This week we are kicking off a three-part series that's focused on helping mortgage originators and mortgage banks better serve historically underserved communities and expand access to homeownership. The series is going to cover both the impact on these potential homeowners and homebuyers as well as the economic benefits for the mortgage lending market and our broader economy. For the first installment, Clayton got a chance to sit down with AJ Barkley , the head of Neighborhood and Community Le...
Oct 06, 2022•49 min
This week, Clayton sits down with Mike Simonsen, the founder and CEO at Altos Research to discuss the age-old housing question: how's the market? They go into the leading data points to better understand what to expect in terms of housing inventory, how mortgage rates impact home sales and some of the data that is often misunderstood. They also talk about the relationship between the rental market and the home sales market and how professionals across the ecosystem can build their businesses to ...
Sep 29, 2022•59 min