HousingWire Daily

On today’s episode, Editor in Chief Sarah Wheeler talks to Chris Clow, editor of Reverse Mortgage Daily, about reverse mortgage volume year to date (it’s way up) and how reverse mortgage business is driving profits for some lenders. The two also discuss the interesting crossover partnership between reverse lenders and shared equity company Point. HW Media Articles related to this episode: Reverse mortgage volume remains above 6,000 loans, HMBS still strong in April Reverse mortgage business 'a driver' of profitability for Liberty parent company Alt. equity company secures new funding, seeks more reverse mortgage partners

On today’s episode, Editor in Chief Sarah Wheeler talks to Lead Analyst Logan Mohtashami about interest rates, inflation, jobs and more. The two also the timeline of the next recession, as Mohtashami warns he has raised four of his six recession red flags. HW Media articles related to this episode: Federal Reserve approves interest rate hike of half a percentage point How is housing demand holding up? Logan Mohtashami answers

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Bill Conroy about the murky world of crypto securities. The two discuss the venture capital being poured into the space, the near-term potential for disruption, and which companies — traditional or otherwise — are wading into NFTs, crypto-mortgages and crypto-mortgage backed securities. HW Media articles related to this episode: LoanSnap unveils new cloud-based portal MAXEX extends loan-trading reach with DSCR program Fractional home-equity lender Point raises $115 million

On today’s episode, Chris Clow, editor of Reverse Mortgage Daily, sits down with Reporter Brooklee Han to look at the highs and the lows of the title industry over the pandemic, including a look inside the strategy of the Big Four title companies. They also talk about the upcoming earnings season, tech innovation and whether refi volume has fully dried up. Articles related to this episode: Colorado Springs offers a window into Stewart's title strategy First American off to a slow start in 2022 Refinance volume has “dried up,” Old Republic says

On today’s episode, RealTrends Editorial Director Tracey Velt is joined by HousingWire Senior Real Estate Reporter Matthew Blake. They talk about what is happening at the National Association of Realtors legislative meeting, including plans to alleviate low inventory by converting unused office and commercial space into housing. They also give an update on Redfin’s recent Fair Housing settlement, upcoming earnings calls and more! HW Media articles related to this episode: Redfin settles Fair Housing Act lawsuit

On today’s episode, Editor in Chief Sarah Wheeler talks with HW+ Managing Editor Brena Nath about the May issue of the HousingWire Magazine, which featured a cover story on the winners of HousingWire’s Finance Leaders awards. The two discuss winners, spotlighting Chryssa Halley, CFO at Fannie Mae, Victoria DeLuce, EVP at Princeton Mortgage, and Joseph Peterson, CFO at Sagent. The two also discuss the articles and commentaries on appraisals in the May issue and the Kudos article on Total Expert. HW Media articles related to this episode: Introducing the 2022 Finance Leaders! What permanent desktop appraisals mean for the industry

On today’s episode, Editor in Chief Sarah Wheeler talks to Lead Analyst Logan Mohtashami about mortgage rates and when we might see the next increase. The two also discuss the recession red flags seen over the last week, including a change in the leading economic indicators, and how to interpret new home sales numbers. HW Media articles related to this episode: How healthy is the state of US homeownership? March new home sales: the last positive revision for 2022? A good jobs report, but also another recession red flag

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the layoffs, buyouts and earnings of some of the big lenders. The two also discuss the first mortgage M&A deal of the year, and what that means as a harbinger of more consolidation in the mortgage space. HW Media Articles related to this episode: Rocket offers voluntary buyouts to 8% of workforce Wells Fargo cuts mortgage jobs amid poor outlook Flagstar Bancorp cuts 20% of its mortgage staff Better.com, the rare lender to post huge losses in 2021 CrossCountry strikes a deal to acquire LendUS

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Georgia Kromrei about how property taxes are impacting potential homebuyers. The two discuss how rapidly rising tax assessments are changing homebuyers’ debt-to-income calculations and what that means for lenders and agents. HW Meda articles related to this episode: A property tax reckoning is coming

On today’s sponsored episode, Maleesa Smith, managing editor of content solutions at HousingWire, is joined by Finance of America Mortgage’s Chief Operations Officer Steve Reich and Chief Product Officer Kathryn Amor to talk about how Finance of America Mortgage is expanding its lending products through non-QM offerings.

On today’s episode, Editor in Chief Sarah Wheeler talks with Editorial Director Tracey Velt about the competition facing real estate brokerages and the strategies companies are using to win consumers and control more of the real estate transaction. The two also discuss the young brokerage leaders stepping up to the next level. HW Media articles related to this episode: Cairn's Rick Davidson on the silver tsunami and their succession play for brokers Ask a coach: Do I need to pay for real estate leads 5 steps to mastering a real estate merger Nominations for the RT Emerging Leaders are now open!

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about Fannie Mae’s cut to their origination forecast and what he thinks about their recession call for 2023. The two also discuss mortgage rates, existing home sales and more. HW Media articles related to this episode: Fannie Mae cuts origination projection, forecasts recession in 2023 What 5% mortgage rates mean for the housing market The housing market is still savagely unhealthy

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about housing inventory and whether 3-D printed homes can help solve the chronic shortage of houses to meet the demand. The two also discuss mortgage rate increases and what lenders are doing to cope. HW Media Articles related to this episode: Can 3-D printed homes help solve the housing crisis? Purchase mortgage rates climb to 5.11%

On today’s episode, Managing Editor James Kleimann talks with Senior Mortgage Reporter Georgia Kromrei about what is happening in the regulatory space, including the White House’s action plans for racial equity in housing and several leadership shakeups at Fannie Mae. HW Media articles related to this episode: White House announces action plans for racial equity, but leaves out GSEs A big leadership shakeup at Fannie Mae

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Reporter Bill Conroy about what’s happening in the mortgage-backed security market and the short and long-term impacts of the Federal Reserve’s retreat from buying MBS. The two also discuss how rising rates are benefitting the holders of mortgage servicing rights and the wild trading volume that part of the secondary market is witnessing. HW Media articles related to this episode: Fed retreat from MBS market sparks short-term uncertainty MSR sector is a raging bull in a bear mortgage market

On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, the editor of Reverse Mortgage Daily, about the increased volume of reverse mortgages in March and the implications of the Biden administration's 2023 budget on HECM products. The two also discuss the progress the reverse industry is making to reform its image. HW Media articles related to this episode: Reverse mortgage volume in March hits highest monthly total in over 10 years, HMBS issuance remains healthy White House predicts strong reverse mortgage performance in 2023 budget, makes new legislative recommendations Reverse mortgage progress for borrowers visible during pandemic, says NCLC attorney

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about how interest rates over 5% will impact the housing market and the data he’s watching for recession red flags. The two also discuss housing inventory and housing permits versus housing completions. HW Media articles related to this episode: What 5% mortgage rates mean for the housing market Purchase mortgages cross dreaded 5% threshold Here's why the housing market needs higher rates

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about which mortgage companies are set up to survive and grow in a purchase market versus those companies that might have to fight to survive. The two discuss the top 25 lenders and look at the competitive advantages of correspondent lenders, the big banks and nonbanks. HW Media articles related to this episode: Some lenders won't survive the purchase mortgage market of 2022 Purchase mortgages cross dreaded 5% threshold

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Matt Blake about his articles on different brokerage models. The two also discuss homebuilding and alternate building materials and processes, including 3D printing of homes. HW Media articles related to this episode: Cardinals of a different feather: Inside Samson Properties' unique model Fannie Mae announces title insurance shake up

On today’s episode, Editor in Chief Sarah Wheeler talks with Reporter Brooklee Han about Fannie Mae’s announcement on title insurance and how that might affect brokerages who are relying on title income for revenue. The two also discuss hot housing markets and where sellers are starting to pull back on sky-high listings. HW Media articles related to this episode: Fannie Mae announces title insurance shake up Opinion: Title insurance is essential. Here's why Realogy beats out other brokerages with core services As mortgage rates soar, sellers are increasingly chopping prices

On today’s episode, Editor in Chief Sarah Wheeler talks with Tracey Velt, the editorial director at RealTrends, about the latest brokerage rankings and how companies like Realogy are adding title, appraisal, mortgage and insurance to create revenue in a challenging market. The two also discuss what real estate leaders can expect from the 2022 Gathering of Eagles summit, including a keynote by Larry Kendall, author of Ninja Selling, and how to value their business if they are looking to acquire or be acquired. Articles discussed: Realogy beats out other brokerages with core services Larry Kendall to speak at Gathering of Eagles June 26-28 JPAR CEO Mark Johnson to speak at DealMakers, June 26

On today’s episode, Editor in Chief Sarah Wheeler talks with HousingWire Lead Analyst Logan Mohtashami about the larger economic environment and what that means for mortgage rates, inventory, home prices and more. The two discuss what factors could change the Fed interest rate hikes, how high mortgage rates could go this year and when rising rates will start impacting housing demand. HW Media articles related to this episode: Why housing inventory is so low right now Is the Dallas Fed right to label this a housing bubble? Will trillions in stimulus push mortgage rates over 5%?

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about how big lenders are dealing with lower volumes and rising rates. The two discuss Rocket’s guarantee to close in 15 days, Movement’s layoff and Angel Oak’s 30-day rate lock. HW Media Articles related to this episode: Rocket promises brokers 15-day loan closings Movement Mortgage lays off 170 employees In volatile market, Angel Oak sets 30-day rate lock period

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Georgia Kromrei about her feature article on redlining. The two discuss which regulators are most active in bringing redlining charges and why local community groups are now an important part of the process. They also discuss the surprising finding that depository banks lend less to minority applicants than nonbanks, and what that might mean for enforcement going forward. HW Media Articles related to this episode: Inside the government's feeble fight to end redlining

On today’s episode, Editor in Chief Sarah Wheeler talks with Brena Nath, director of HW+ and events, about the April issue of HousingWire magazine, which is focused on title. The two discuss the cover story on Finance of America CEO Patti Cook, as well as the title-focused articles and commentaries. HW Media articles related to this episode: Finance of America's Patti Cook reflects on 45 years in the industry Is the title industry on verge of the “Great Redeployment”? Spruce and Notarize’s journey to digital mortgage adoption

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Matt Blake about the latest on cover letters and whether real estate agents should use them in this highly competitive market. The two also discuss what Compass is up to and how real estate brokerages are getting creative to be profitable. HW Media articles related to this epiosde: Love letters on the rocks in Oregon Compass agents eschew company stock RealTrends 500: eXp, Compass lead in one-year movers by closed sides

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the Dallas Fed’s talk of a housing bubble and the reason housing inventory is so low. The two also discuss the jobs report and the inverted yield curve. HW Media articles related to this epiosde: Why housing inventory is so low right now Is the Dallas Fed right to label this a housing bubble? A good jobs report, but also another recession red flag

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about mortgage rates and inventory shortages and how that’s affecting homebuyers, real estate agents and mortgage lenders. The two also discuss the big nonbanks looking to expand their non-QM offerings and how they will be able to effectively compete against lenders who have been honing that product for years. HW Media articles related to this episode: Mortgage rates reach highest level since 2018 Why housing inventory is so low right now The big nonbanks stir up a non-QM turf war

On today’s sponsored episode, Malessa Smith, managing editor of content solutions at HousingWire is joined by Kim Nichols, senior managing director at Pennymac TPO to talk about the state of today's market and housing constraints.

On today’s episode, Editor in Chief Sarah Wheeler talks with Mortgage Reporter Maria Volkova about New York’s attempt to limit the foreclosure timeline and how that could affect mortgage lenders, servicers and consumers if it passes. The two also discuss flood insurance and the recent findings by HUD’s watchdog that the FHA insured thousands of mortgages in 2020 without the mandatory flood insurance coverage. HW Media articles related to this episode: NY bill would change statute of limitations on foreclosures FHA backed $4.5B in mortgages without required flood insurance

On today’s episode, Editor in Chief Sarah Wheeler talks with Editorial Director Tracey Velt about the recently released 2022 RealTrends 500 brokerage rankings. Velt talks about the top four brokerages who are dominating the market with 20% market share, and how they got there. The two also talk about Compass’ position as No. 1 in sales volume, upending two stalwarts. Articles discussed: RealTrends 500: Top four brokerages captured historic rise in market share RealTrends 500: The Rise of Compass Two drivers in the growth of Compass, eXp, RE/MAX, BHHS and Realogy

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about how high rates could go now that the 10-year yield has finally broken higher. The two also discuss inventory, new home sales and the possibility of credit controls to rein in demand. HW Media articles related to this episode: The housing market is now savagely unhealthy New home sales are at risk with rising mortgage rates How will rising rates affect new home construction?

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the rising cost to originate and the resulting drain on lender profits. The two also discuss the lenders jumping into non-QM products, inventory shortages and more. HW Media articles related to this epiosde: Profit margins are plunging for nonbanks Homepoint to jump into the non-QM market UWM rolls out bank statement loans for self-employed borrowers

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Georgia Kromrei about the much-anticipated PAVE Task Force report on appraisal bias. Kromrei digs into what the report did and didn’t address, including the scope of appraisal bias it is trying to solve. The two also discuss the practical implications of the report findings for appraisers, AMCs and lenders. HW Media articles related to this episode: CFPB is the latest agency to criticize the Appraisal Foundation Susan Rice to co-chair HUD appraisal task force Appraisal bias plan promises barrage of actions in the near term

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Bill Conroy about what’s happening in the private label security market. The two discuss how rate volatility is affecting the PLS market and how a recent judge’s ruling in a lawsuit regarding student loan securitizations could result in the CFPB playing a larger role in the PLS market. HW Media articles related to this episode: PLS market struggling to clear backlog of loans locked at last year's rates Judge's ruling will put PLS trusts under the thumb of the CFPB Angel Oak Mortgage REIT records solid earnings performance

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Matt Blake about Knock, Offerpad and Compass and the iBuyer-agent relationship. In addition, the two discuss homebuilding and what housing starts and completions tell us about housing inventory for the rest of this year HW Media articles related to this episode: Knock raises $220M, lays off 46% of workforce Offerpad proposes iBuyer-agent marriage Despite queue of buyers, homebuilder sentiment drops again

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about mortgage rates, housing starts and existing home sales. The overarching theme? The incredible shortage of housing inventory. HWD Media articles related to this episode: What the Fed rate hike means for the economy How will rising rates affect new home construction? The housing market is now savagely unhealthy

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about this week’s biggest stories, including the Fed rate hike, the growth of non-QM offerings and the rare example of a top-performing brokerage switching channels to retail. HW Media articles related to this episode: The Fed makes its move – and more rate hikes are coming UWM rolls out bank statement loans for self-employed borrowers How InstaMortgage convinced top broker shop to jump to retail

On today’s episode, HousingWire Managing Editor James Kleimann sits down with Senior Mortgage Reporter Georgia Kromrei to talk about recent developments in the housing regulatory space, including what topics were at the forefront of discussion at The National Association of Hispanic Real Estate Professionals (NAHREP) conference this past week. They also talk about equitable housing finance plans for the GSEs and staffing issues in the Federal Housing Administration (FHA). HW Media Articles related to this episode: Hispanic homeownership held back by FHA borrower discrimination, survey says FHA gets a budget boost to stem staff shortages. Is it enough? Gary Acosta on the policy path to Hispanic homeownership

On today’s episode, Editor in Chief Sarah Wheeler talks with Real Estate Reporter Brooklee Han about lead poaching in Myrtle Beach and how real estate brokerages like eXp, Corcoran and Fathom are finding ways to grow amid record-low inventory. HW Media articles related to this episode: Drama in the Myrtle Beach real estate scene - RealTrends Fathom's model is built for a low-inventory environment, execs say - RealTrends eXp Realty expands into Greece

On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, editor of Reverse Mortgage Daily, about the investment Fairway is making to grow its HECM for purchase (H4P) business, including hiring industry vet Tane Cabe. The two also discuss how Finance of America Reverse and Longbridge are looking to increase their reverse footprint in this purchase market. HW Media articles related to this episode: How Fairway aims to change the conversation around H4P Reverse mortgage segment touted by Finance of America as forward landscape tightens Longbridge: big opportunities sought with reverse mortgage field sales channel launch Register for the "The Opportunity of Reverse Mortgages in a Purchase Market" event here!

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about how the war in Ukraine is affecting commodity prices and contributing to inflation in the U.S. and what that means for homeowners would-be homebuyers. The two also discuss the recession red flags that Mohtashami is keeping an eye on, the 10-year yield and mortgage rates, and more. HW Media articles related to this episode: Why owning a home is the best hedge against inflation Homeowners gain $8.2 trillion in housing wealth over 10 years When will we see the next housing recession?

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Matthew Blake about the role of NFTs in the future of real estate, as well as what he’s discovering at the first-ever Crypto Real Estate Summit in Miami this week. The two also discuss how blockchain might disrupt the title industry and other parts of the real estate transaction. HW Media articles related to this episode: NFT mania and the future of the home sale - HousingWire Crypto and real estate awkwardly mingle in Miami Simplifying crypto, NFT and the blockchain’s impact on real estate

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the latest Better layoffs and the news that Lenders One is going to lease retail space from Walmart to offer mortgages in its stores. The two also discuss mortgage rates and which lender strategies are likely to succeed in a purchase market. HW Media articles related to this episode: Layoffs, again: Better.com to ax 3,000 employees Welcome to Walmart. Here's your mortgage Even with blow-out jobs report, mortgage rates still falling

On today’s episode, Editor in Chief Sarah Wheeler talks with Real Estate Reporter Brooklee Han about the home-building sector and what we’re seeing in construction employment, wait times for materials, costs of materials and more. The two also talk about the role of Russian money in the U.S. real estate market and how that’s been affected by the war with Ukraine.HW Media articles related to this episode: Skilled labor is returning to homebuilding "It's crazy": Homebuilders big and small struggle to finish projects Ukraine conflict unlikely to directly impact US housing market: NAR

On today’s episode, Editor in Chief Sarah Wheeler sits down with Editorial Director Tracey Velt to talk about the fate of the Oregon “love letter” law after a judge said it was too broad, citing the rights of real estate agents to free speech. The two also discuss RealTrends brokerage rankings, due out in March, which show some upsets among the top-five ranked brokerages. HW Media articles related to this episode Judge strikes down Oregon love letter ban RealTrends 500 Agent Rankings Check out the RealTrending podcast: RealTrends: https://www.realtrends.com/category/podcasts/ Apple Podcasts: https://podcasts.apple.com/us/podcast/realtrending/id1201340557

On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the situation in Ukraine and how that is affecting bond yields and mortgage rates. The two also discuss the recent jobs report and whether the U.S. is close to a recession. HW Media articles related to this epiosde: Mortgage rates decline to 3.76% amid Ukraine conflict - HousingWire Despite 3-month slump, pending home sales look just right - HousingWire Even with blow-out jobs report, mortgage rates still falling

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the drop in mortgage rates and what can be learned from the earnings of the last big lenders to report: UWM and Finance of America. The two also discuss what is happening with real estate brokerage Compass. HW Media articles related to this episode: Mortgage rates decline to 3.76% amid Ukraine conflict UWM's profits fall 54% in 2021 despite record production Finance of America asks investors to look beyond traditional mortgage We read Compass's 10K so you don't have to

On today’s episode, Editor in Chief Sarah Wheeler sits down with Senior Mortgage Reporter Georgia Kromrei to talk about interest rates and how they’re being affected by the opposing forces of rising inflation versus a flight to safety into Treasury bonds. The two also discuss the latest news on appraisal bias, including a social post that caught the eye of Rep. Maxine Waters.

On today’s episode, Editor in Chief Sarah Wheeler talks with HW+ Managing Editor Brena Nath about the Tech100 winners featured in the March edition of HousingWire Magazine. The two discuss the companies in mortgage and real estate that won the prestigious award as well as the difference between tech innovation and disruption.