Housing News

This week, Robert Broeksmit, the president and CEO of the Mortgage Bankers Association, joins the Housing News team to discuss the mortgage industry’s challenges during this tumultuous time. In this episode, Broeksmit explains the MBA’s approach to borrower relief, as regulators move to suspended foreclosures and evictions. He also touches base on potential liquidity backstops for servicers, bank regulatory flexibility for lenders, legislation permitting remote online notarization nationwide, streamlining the refinance process and more. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Housing News Podcast is a weekly wrap of the top news stories by HousingWire CEO Clayton Collins. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines sponsored by our partners at Arch MI and Quicken Loans. This week, Sherry Graziano, the head of Mortgage Omni experience at SunTrust, which has now been named Truist, joins the Housing News Podcast for episode two of season 3. In this episode, which was recorded two weeks ago during the nation’s interest rate debacle, Graziano discusses the housing market's low-interest-rate environment, which continues to change day-to-day, and what it means for the mortgage industry as more and more lenders report a surge in both refinance and purchase volume. Additionally, she explains why relationships are key in the housing space. Here’s more detail on the topics of discussion this week: The Federal Reserve made its second emergency cut in two weeks, slashing 1% off its benchmark rate, and renewed a program to buy

This week, the New York Times bestselling author Tom Ferry joins the Housing News Podcast for its season finale. Ferry, also known as the #1 Real Estate Coach, is an industry titan that offers the nation’s real estate agents’ advice on how best to market themselves. In this week’s episode, the fellow podcast host and Swanepoel Power 200 winner, explains how real estate agents and brokers can utilize social media and technology to set themselves apart, as well as what it takes to win in today’s real estate industry.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Housing Policy Council President and former Federal Housing Finance Agency Director Ed DeMarco visited HousingWire to talk about the latest developments on the Qualified Mortgage and the Ability to Repay rule. In this podcast episode, DeMarco talks about the shifts in the QM, and what it would mean to remove the debt-to-income requirement from Ability to Repay. Is the pricing threshold a better option, or could it be better used to determined what isn't QM, instead of what is? DeMarco explains the difference, and what his take on it is. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Carl Tyree, the executive vice president and chief sales officer at Arch MI, joins the show for a bonus episode. Tyree is an industry titan, currently overseeing Arch MI’s sales teams and relationship strategies. Prior to joining Arch MI, he held senior sales and sales leadership roles with Republic Mortgage Insurance Company, Nomura Credit and Capital and Ocwen Financial Corporation. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Thomas Sponholtz, the CEO and chairman at Union Home Ownership Investors, discusses his industry origin story, as well as his determination to bring housing innovation to the United States.  Additionally, Sponholtz touches base on new QM lending rules and the housing sector's emergence of alternative homeownership models, which he says will be needed to better service homebuyers.  Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, we’re bringing you something special – our first-ever cross over bonus episode. In this bonus episode, Collins sits down with Phil Treadwell, the vice president of development and regional manager at Mason-McDuffie, who also happens to be the host of fellow Industry Syndicate podcast the Mortgage Marketing Expert. The two discuss Collins’ evolution within the mortgage industry, as well as HousingWire’s emergence as a top industry publication. Additionally, Treadwell and Collins touch base on some of the industry’s hottest topics, ranging from recession fear, mortgage rates, first-time homebuyers and more. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Ben Lane, the managing editor of HousingWire, discusses Visa’s announced acquisition of technology platform and 2019 HW Tech100 winner Plaid. The agreement, which represents a total purchase consideration of $5.3 billion, enables Visa to deliver more value for developers, financial institutions and consumers, according to the company. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Bill Dallas, the president at Finance of America Mortgage and co-founder of Cloudvirga, discusses his evolution in the mortgage industry, as well as the importance of creating innovative products for today’s mortgage brokers and lenders. Additionally, Dallas touches base on the nation’s lack of housing inventory and how the rise of homeowners aging in place is impacting origination volumes. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Phil Shoemaker, the executive managing director and chief business officer at Home Point Financial, discusses three housing trends to watch for in 2020. According to Shoemaker, the housing industry will see a boost in mergers and acquisitions, as well as broker expansions. Additionally, Shoemaker says the industry is likely to see an increase in technology in 2020. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Jonathan Corr, the president, and CEO of Ellie Mae discusses the company being acquired by Thoma Bravo, as well as Ellie Mae's recent acquisition of fintech company Capsilon. Additionally, Corr details his market outlook for 2020. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Alex Elezaj, the chief strategy officer at United Wholesale Mortgage, discusses the impact low-interest rates are projected to have on home lending. Additionally, Elezaj explains what the Federal Housing Finance Agency’s decision to increase loan limits for Fannie Mae and Freddie Mac could mean for the mortgage industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, David Battany, the executive vice president of capital markets at Guild Mortgage, discuss the housing market’s lack of significant inventory as well as the nation’s budding market for manufactured homes. Additionally, Battany explains what the industry needs to do to get more first-time homebuyers into homes. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Collins joins us live from AIME FUSE 2019. The conference, which hosted more than 2,000 mortgage brokers from around the country, was held last month at the Bellagio in Las Vegas, Nevada. In an exciting conversation, Ryan Serhant, the wildly successful real estate broker featured on Bravo’s “Million Dollar Listing New York” and “Sell It Like Serhant,” discusses his national bestseller as well as the intriguing story of the ever so elusive Mr. X. Additionally, Serhant offers advice on how mortgage brokers can make sure they are setting themselves up for success. Although the interview is loud, as it was recorded in a room full of hundreds of brokers, the conversation is worth the listen. So, forgive us for the background noise, and join us for another exciting episode of the Housing News Podcast.   Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Gary Beasley, the CEO, and co-founder of Roofstock, explains the origin story of his online real estate investment company, as well as the company’s evolution throughout the years. Additionally, Beasley discusses America’s single-family rental market, which he says continues to attract more and more institutional capital.  Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Daren Blomquist, the vice president of market economics at Auction.com, has a very data-focused conversation about America’s economy, the housing market’s lack of affordability, and the growing presence of opportunity zones.  Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Michael Miedler, the president and CEO of Century 21, kicks off season two of the Housing News Podcast. Miedler discusses his accession within the real estate industry, as well as what it takes for agents to thrive in an “experience economy.” Additionally, Miedler touches base on some of housing’s hottest topics ranging from Millennial homebuyers to inventory and affordability woes. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Doug Duncan, the chief economist at Fannie Mae, closes out season one of the Housing News Podcast with a bang. Duncan takes a look at several industry hot topics ranging from the nation's lack of housing supply to its changing demographics. Additionally, Duncan discusses the likelihood of an economic recession and what that could mean for the housing industry.  Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Tom Hutchens, the EVP of production at Angel Oak Mortgage Solutions, explains to listeners the role of Non-QM lending and what the expiration of the QM Patch could mean for the housing industry. Additionally, Hutchens discusses the nation’s homebuying confidence, which climbed to new heights in July.In July, the Consumer Financial Protection Bureau expressed its intent to allow the QM Patch to expire as early as 2021, and Fannie Mae's Home Purchase Sentiment Index indicated that America’s housing confidence peaked to its highest level at 93.7 points. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Shelley Leonard, the chief product officer and EVP of Black Knight, discusses her 26-year tenure in the mortgage industry. Additionally, the HousingWire Vanguard winner explains how low mortgage rates are impacting the nation’s mortgage servicers and homeowners. Last week, Freddie Mac reported that the 30-year, fixed-rate mortgage averaged 3.75%, falling significantly from its 2018 rate of 4.60%. Freddie Mac Chief Economist Sam Khater says these low rates paired with the nation’s healthy economy are now projected to provide continued improvement in home sales heading into the late summer and early fall. Learn more about your ad choices. Visit megaphone.fm/adchoices