HousingWire Daily

In today's episode, HW Media Managing Editor James Kleimann is joined by HousingWire Lead Analyst Logan Mohtashami to unpack an array of new housing data that came in this week, including the significant drop in housing starts, cancellations for new home sales and homebuilder sentiment.HW Media articles related to this episode: Housing starts post double digit decrease in May The housing market recession continues, despite starts data Enjoy the episode!Join us for HousingWire Annual October 3rd - 5th, 2022 in beautiful Scottsdale, Arizona. Register here!HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch and Dalton Johnson.

In today's episode, RealTrends Editorial Director Tracey Velt talks to Senior Real Estate Reporter Matthew Blake about brokerage technology and the debate over building an in-house platform or farming it out to a third party. The two also discuss what agents think about Compass’ technology platform and go in depth about the state of homebuilding today.HW Media articles related to this episode: Can tech point Compass in the right direction? Are homebuilders too pessimistic? Enjoy the episode!Join us for HousingWire Annual October 3rd - 5th, 2022 in beautiful Scottsdale, Arizona. Register here!

In today’s episode, HW Media Managing Editor of Content Solutions Maleesa Smith continues an eight-week mini-series centered around HousingWire’s annual Women of Influence awards. In advance of the 2022 Women of Influence magazine issue, Smith will interview previous years’ award winners about their contributions to the industry. In today’s episode, she is joined by Hilary Saunders, co-founder and chief broker officer of Side. HW Media articles related to this episode: Side’s Hilary Saunders: An inside look at the alternative brokerage model Presenting HousingWire’s 2021 Women of Influence Enjoy the episode!Join us for HousingWire Annual October 3rd - 5th, 2022 in beautiful Scottsdale, Arizona. Register here!

On today’s episode, HW+ Managing Editor Brena Nath talks with Lead Analyst Logan Mohtashami about the latest changes to the housing market. They also go over the latest economics and data around the recession. HW Media Articles related to this episode: Housing starts data raises 5th recession red flag Will mortgage lending get tighter in the next recession? Enjoy the episode!Join us for HousingWire Annual October 3rd - 5th, 2022 in beautiful Scottsdale, Arizona. Register here!

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about new layoffs at Chase, loanDepot, Better and more. But the two also discuss some of the companies hiring and a resource for those looking for mortgage jobs, onlymortgagejobs.com.Articles discussed: Mortgages are in free fall at JP Morgan Chase Struggling loanDepot to cut nearly 5,000 jobs in 2022 Sprout Mortgage to shutter HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch and Dalton Johnson.

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about whether higher mortgage rates are doing their job to cool home prices. The two also discuss the latest CPI data and the strength of this job market as we slide closer to a recession.Articles Discussed: This savagely unhealthy housing market needs higher rates Article 2 HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch and Dalton Johnson.

On today’s episode, Editorial Director Tracey Velt talks with Senior Real Estate Reporter Matthew Blake about results of the National Association of Realtors 2022 member survey and what brokers and agents are doing to handle the new market. Also, is brokerage tech a gamechanger for real estate agents? We explore.Articles discussed: RE/MAX quietly lays off 17% of staff Real estate agents cashed in on 21021's record market HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch and Dalton Johnson.

In today’s episode, HW Media Managing Editor of Content Solutions Maleesa Smith kicks off an eight-week mini-series centered around HousingWire’s annual Women of Influence awards. In advance of the 2022 Women of Influence magazine issue, Smith will interview previous years’ award winners about their contributions to the industry. In today’s episode, she is joined by Jan Davis, vice president of operations at MISMO. HW Media articles related to this episode: 2021 HW Woman of Influence: Jan Davis Presenting HousingWire’s 2021 Women of Influence Enjoy the episode!

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the latest jobs report, what the next recession will look like and late cycle lending. The two also discuss why the effects of inflation today are so much different than in the 1970s and what mortgage rates are doing.Articles related to this episode: Will mortgage lending get tighter in the next recession? Purchase mortgage rates fall 40 bps amid recession fears HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch and Dalton Johnson.

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about layoffs at Wells Fargo and New Residential, and about the shut down of Sprout Mortgage. The two also discuss what prospects look like for laid off workers and which mortgage lenders might be hiring.Articles related to this episode:Sprout Mortgage to shutterIn retreat, Wells Fargo cuts additional mortgage jobsNew Residential makes another round of layoffs HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch and Dalton Johnson.

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about credit availability, how close we are to a recession, what the Federal Reserve gets wrong about housing, where mortgage rates are going and more.Articles discussed:Will mortgage lending get tighter in the next recession? How home price growth has damaged the housing marketHousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by Sarah Wheeler and produced by Elissa Branch and Dalton Johnson.

On today’s episode, Editor in Chief Sarah Wheeler talks with HW+ Director Brena Nath about the July issue of HousingWire Magazine, which features winners of our Marketing Leaders award in mortgage, real estate and fintech. The two also discuss the magazine’s feature and commentaries on increasing homeownership.Articles related to this episode: Announcing the 2022 Marketing Leaders! HousingWire Magazine: 2022 HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by Sarah Wheeler and produced by Elissa Branch and Dalton Johnson.

In today’s episode, HW Media Managing Editor of Content Solutions Maleesa Smith kicks off an eight-week mini-series centered around HousingWire’s annual Women of Influence awards. In advance of the 2022 Women of Influence magazine issue, Smith will interview previous years’ award winners about their contributions to the industry. In today’s episode, she is joined by Qingqing Ouyang, Chief Technology Officer at OJO labs. HW Media articles related to this episode: 2021 HW Woman of Influence: Qingqing Ouyang Presenting HousingWire’s 2021 Women of Influence Enjoy the epsisode!

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about mortgage rates, purchase application data and recession red flags. The two also discuss what’s likely to happen to the housing market if we go into a recession.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!

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the continued fallout at FGMC, and the effect of lower origination volume on fintech companies. Some are doing layoffs, while others are forming strategic partnerships, merging, or finding new funding sources. HW Media articles related to this episode: After implosion, FGMC files for bankruptcy Sales Boomerang and Mortgage Coach merge Roostify partners with Indecomm to court self-employed borrowers Enjoy the episode!

On today’s episode, HW Media Managing Editor James Kleimann sits down with HousingWire mortgage reporter, Flávia Furlan Nunes to talk about the sudden shutdown last week of the mortgage lender and investor, First Guaranty Mortgage Corportation. Articles related to this episode: PIMCO-backed FGMC lays off most staffers As FGMC shuts down, lender partners question fate of loans in pipeline Enjoy the episode!

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!

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!

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!

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, upward trend

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 see rising interest in private products

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 cash, Compass closes 8 offices Street fight: CoStar's Citysnap to take on Zillow June 30

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"

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

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 confronts legacy of redlining

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 normal market

Logan Mohtashami explains some of the seismic changes in the market over the last few days, including the 10-year yield and more.

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?

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 listing-only agents

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 Here’s a look at a reimagined LOS landscape

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 cancel planned merger These mortgage lenders have cut jobs in 2022

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 question Do the GSEs need to start thinking about non-QM borrowers? Some mortgage companies expanding despite challenges

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

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

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 Reverse mortgage professionals on looking at life after refis

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

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?

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 data breach The housing industry will soon be up in ARMs PLS market is on track to notch record volume this year

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 the low end of manufactured housing

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 Percy: Buyside announces rebranding

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 Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by Sarah Wheeler and produced by Elissa Branch.

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 savagely unhealthy housing market needs higher rates

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 urge the FHA to cut MI premiums

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: Compass CFO steps down following tough Q1 Beach trips and other challenges of interpreting RESPA REX lays off most of its employees, sources say REX closes brokerage, hires David Boies in Zillow lawsuit HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by Sarah Wheeler and produced by Elissa Branch.

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 Blend: We plan to outperform the decline in origination volume Lessons from lenders' Q1 earnings amid epic volume drop

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 rate feature

On this episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about why we’re seeing strong purchase application data despite rising rates. The two also discuss housing inventory, demographics and why we should be glad we’re not Canada — at least when it comes to home prices. HW Media articles related to this episode: Think US home prices are high? At least we aren't Canada Almost 45% of homeowners are now equity rich Mortgage applications rise despite higher rates

On this episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Matt Blake about the layoffs at REX Homes, a brokerage that pays agents salary instead of commission. The two also discuss the recent National Association of Realtors legislative conference and how to increase housing inventory. HW Media articles related to this episode: REX lays off most of its employees, sources say NAR members stymied by clogged construction

On this episode, Editor in Chief Sarah Wheeler talks with Reporter Brooklee Han about the massive volume title companies saw last year and what’s happening as that volume shrinks. The two discuss which companies gained market share and who might be rethinking their title strategy. They also look at the first-quarter earnings for iBuyers Opendoor and Offerpad. HW Media articles related to this episode: Title insurance industry premiums spike $7B year over year Doma lays off 15% of work force as Q1 revenue declines Welcome to the club: iBuyer Opendoor turns a profit in Q1

On today’s episode, Editor in Chief Sarah Wheeler talks with Editorial Director Tracey Velt about how real estate brokers and agents who have been through down cycles before see opportunity in the current market. The two also discuss brokerage leadership, commission splits and what Zillow is up to. HW Media Articles related to this episode: KW Go’s Smokey Garrett on how to prepare for a market shift Picking up the pieces: Zillow has profitable Q1