This week, HousingWire's Editor in Chief Sarah Wheeler interviews Robert Dietz, the chief economist and senior vice president of economics and housing policy for the National Association of Homebuilders. In this episode, the pair discuss homebuilding trends across the country as well as housing policy, and the budding market for building to rent.The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews Lindsey Johnson, the president of USMI, a private mortgage insurance association, comprised of five of the six mortgage insurance companies in the United States.  In this episode, Johnson explains the unique challenges currently facing mortgage insurers, four principles the company considers essential to housing policy reform, and whether or not Biden’s proposed first-time homebuyer tax credit could change the need for private mortgage insurance.The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews Kristy Fercho, the executive vice president and head of home lending at Wells Fargo, who also serves as the chairman-elect of the Mortgage Bankers Association. In this episode, Fercho explains how Wells Fargo is best serving borrowers during COVID 19, the overall effect forbearance exits will have on the housing market, and whether or not she is optimistic about the big bank model.The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews Brian Zitin, CEO of Reggora. In this episode, Zitin talks about innovation within his company, as well as changes occurring in residential valuation. The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd.   Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews John Beacham, CEO of Toorak Capital Partners. In this episode, Beacham discusses his recent HousingWire article that outlines three common-sense initiatives that could immediately make a difference in affordable housing, as well as how zoning impacts the home buying process.The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews Michael Bright, CEO of Structured Finance Association. In this episode, Bright discusses findings in the 2020 SFA Annual Report as well as what's ahead for the market this year in relation to LIBOR, ESG initiatives and GSE reform.  The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews Danielle Samalin, CEO of Framework Homeownership.  In this episode, Samalin discusses the importance of fair housing, and how homeowners can protect their biggest and most valuable investment toward wealth creation.The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, the founder and CEO of HW Media Clayton Collins interviews Gino Fronti and Don Goettling, who are both area managers at Finance of America Mortgage. In this episode, the founders of DG Media and the Don & Gino show, discuss how to best coach originators in today’s market, as well as how to be an origination leader in 2021. HousingWire articles related to this episode: ·      Housing News Podcast: Finance of America Mortgage’s Bill Dallas on innovation and housing supplyThe Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews Total Expert’s, Sue Woodard. In this episode, the chief customer officer uses her unique perspective to discuss the current state of mortgage technology. The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews Vermillion Consulting’s Dale Vermillion. In this episode, the mortgage trainer discusses how lenders can best adjust their businesses during periods of growth, and how they can also support their staff during tumultuous times. The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews HomeBridgeChief Diversity & Inclusion Officer Brian “Woody” White. In this episode, White discusses what increasing diversity within the housing finance industry looks like on a practical level.  The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire’s Editor in Chief Sarah Wheeler interviews Lead Analyst Logan Mohtashami. In this episode, the pair discuss three reasons why Mohtashami believes there won’t be a 2021 housing market crash.The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. HousingWire articles covered in this episode: Three reasons there won’t be a 2021 housing market crash Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HousingWire's Editor in Chief Sarah Wheeler interviews MBS Highway Founder and CEO Barry Habib. In this episode, the pair launch season 5 of the Housing News Podcast by discussing MBS Highways’ 2021 forecast. During the interview, Habib also discusses mortgage rates, what a new administration means for housing, and how the industry can build an empire in 2021.The Housing News podcast explores the most important topics happening in mortgage, real estate, and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, HW Media founder and CEO Clayton Collins interviews Steve Murray, the co-founder, and president of REAL Trends. In this episode, the pair close out season four of the Housing News Podcast by discussing HW Media’s strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms. During the interview, Murray also discusses his projections for this year’s purchase market and explains how real estate brokerages, loan originators, and title reps can all best work together for a more productive 2021. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, the Housing News Podcast features a bonus crossover episode from HousingWire’s Daily Download. In this episode, HousingWire Digital Producer Victoria Wickham interviews NotaryCam’s CEO Rick Triola During the interview, Triola explains why more title industry professionals have adopted remote online notarization in 2020 and shares why he believes RON is here to stay in 2021.   Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, the Housing News Podcast features a bonus crossover episode from HousingWire’s Daily Download. In this episode, HousingWire Digital Producer Alcynna Lloyd interviews John Pataky, TIAA Bank’s executive vice president, During the interview, Pataky discusses the nation’s lack of housing inventory and how it’s impacting homebuyer demand and home prices.   Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Ben Cohen, managing director and senior vice president of mortgage lending at Guaranteed Rate, joins the Housing News Podcast to discuss how he became the company’s second loan officer to fund $1 billion in loan volume in 2020. During the interview, Cohen also discusses how his team has adjusted to support origination volume, as well as what Guaranteed Rate does to prepare its loan officers for success. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Simone Beaty, the director of single-family affordable lending initiatives  Freddie Mac, joins the Housing News Podcast to discuss the GSE’s affordable housing initiatives, as well as what it is doing to prepare consumers for next year’s home buying market. During the interview, Beaty also discusses how Freddie Mac is supporting shared equity programs as many Americans continue to face financial hardships due to the COVID-19 pandemic. Here is a small preview of the interview with Simone Beaty. The transcript below has been lightly edited for length and clarity: HW: What are some of the very unique challenges in making sure affordable housing is available for low- to moderate-income borrowers who have been affected by the COVID crisis? Simone Beaty: What we always bump into is that demand for units has outpaced supply. So, we're always trying to figure out how we can best deal with the supply issue and access to credit. We try to tackle both and sometimes solutions can be merged, where we are looking at flexible qualifying requirements that take into account things like nontraditional credit. We also make sure people who are not mortgage ready understand what steps they need to take to be prepared, so they are not blindly applying for a loan. Additionally, Freddie Mac offers some flexibilities for borrowers that may not meet the traditional credit profile, so if they're not necessarily the cookie-cutter kind of creditworthy borrower, there is enough room in the qualifying requirements that give lenders the ability to make sure they can fit within the conventional lending realm. The Housing News podcast explores the most important topics happening in mortgage, real estate and fintech. Each week a new mortgage or real estate executive joins the show to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Sarah Wheeler and produced by Alcynna Lloyd. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Frank Nothaft, the chief economist at CoreLogic, joins the Housing News Podcast to discuss how the housing market has fared in 2020. During the interview, Nothaft discusses how the COVID-19 pandemic has impacted the housing market’s vitality as well as the economy. Notably, Nothaft also offers his market predictions for 2021. Here is a small preview of the interview with Frank Nothaft. The transcript below has been lightly edited for length and clarity: HW: Let’s talk about CoreLogic’s Forecast. What are you expecting for the first quarter and first half of 2021? Frank Nothaft: We’re expecting mortgage rates to remain at record low levels, possibly well below 3%. I think that's going to be the case, not only at the start of the year but for most or all of 2021. That's going to be very important in stimulating home sales, and also refinance volume. However, I'm not expecting refinance volume in 2021 to hit the same numbers that we saw in 2020, but I think it's still going to be pretty strong. In fact, I actually expect refinance volume in 2021 to be more than it was in 2019. On the home sales market, we're actually expecting home sales to be up in 2021 compared to 2020. It will be because of new single-family construction and increases in existing home sales. Notably, over the last several months, we've had an acute shortage of existing homes for sale in the United States. Part of that acute shortage of inventory for sale is directly related to the pandemic. The HousingWire Daily examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Robert Broeksmit, the president and CEO of the Mortgage Bankers Association, joins the Housing News Podcast to discuss the association's regulatory priorities for 2021 and what goals it hopes to achieve under a Biden administration. During the interview, Broeksmit also discusses what could happen if the Biden administration replaces Kathy Kraninger, the director of the Consumer Financial Protection Bureau. According to Broeksmit, if a new director is appointed, outside of mortgage regulation, they’re likely to focus on policies related to fair lending and affordable housing. “I'd first like to say the MBA is very grateful for the tenure of Director Kraninger,” Broeksmit said. “We've worked very closely with her and think she's done a really good job at the bureau.” “If she is replaced, we think there are a lot of areas outside of mortgage lending that the CFPB will focus on because it has a very wide scope, it's not just mortgages,” Broeksmit said. “There were things the current administration decided not to focus on that I think a Biden appointee would have more interest in pursuing like student loan servicing, regulating debt collectors and payday lending regulations.” Broeksmit also addresses the Biden administration’s housing agenda and what it means for affordable housing. “President Biden wants to introduce a $15,000 first-time homebuyer tax credit, but unless lightning strikes twice in Georgia and Republicans lose both runoffs, I think we'll have a divided government where a proposal like that won't get much traction,” Broeksmit said. “While the MBA is generally supportive of something like that, we don't think the chances are very high.” The Housing News Podcast is a weekly wrap of the top news stories by HousingWire Editor in Chief Sarah Wheeler. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Freddie Mac. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Cindy Waldron, the vice president of research and analytics at Freddie Mac, joins the Housing News Podcast to discuss affordability and the trends Freddie sees in different areas of the country. In this episode, Waldron explains how the nation’s lack of housing inventory is affecting low to moderate-income borrowers, as well as how COVID-19 will impact the homeownership dreams of Americans who may be struggling finically due to the pandemic.  During the interview, Waldron also addresses the unique affordability challenges facing American renters, who have disproportionally been impacted by the Coronavirus pandemic.   According to her, while many renters are struggling, the pandemic has also stimulated homeownership desires for Millennials, many of who have indicated plans to become first-time homebuyers.  “We are seeing [the pandemic] hit a lot of renters, but we are actually also seeing it stimulate some of these Millennials,” Waldron said. “A lot of [Millennials] were staying in place as interest rates remained low, but during COVID-19 we began to see them move to the next house as they wanted additional space.” Waldron says while the desire for homeownership persists amongst renters and Millennials, factors like dwindling housing inventory and home price increases are impacting their likeliness for affordability.  “Our chief economist at Freddie Mac has predicted the 30-year fixed mortgage will be around 3% in 2021, so that's good news for affordability as these low rates will keep monthly payments down,” Waldron said. “However, house price growth, which was around 5% to 6% in 2020, has been more challenging as COVID-19 has led a lot of people to want more space, which is adding to demand. So, this is also adding pressure towards affordability and even the housing stock.” “In 2021, we expect the rate per house price growth to be 2.6%, so that should help a little bit, but it's not growing as fast as the 5% to 6% [In 2020],” Waldron said. “That said, again, the housing shortage is going to be very challenging, and building new housing during COVID-19 is going to be hard.” Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Thomvest Ventures’ Nima Wedlake joins the Housing News Podcast to discuss the housing market’s real estate ecosystem as well as Opendoor’s S-4 filing, which now values the company at $4.8B. During the interview, Wedlake touches on his recent blog that examines Opendoor’s business practices, its progress to date, and its future prospects. He also discusses why so many companies in the housing space are now choosing to go public. For some background on Banosian, here’s a summary of HousingWire’s  article on the S-4 filing: Opendoor has officially filed its announcement to go public after announcing its merger with Social Capital Hedosophia Holdings Corp. II in September. But the filing also revealed that Opendoor is under investigation by the Federal Trade Commission over its advertising practices.According to the filing, Opendoor in 2019 received a civil investigative demand. Inman first reported on the investigation, which was disclosed in the company’s S-4 statement.As of Oct. 1, the investigation is ongoing, the filing says.Opendoor has been busy over the last few months. As of Aug. 18, Opendoor has resumed iBuying in all 21 of its markets following a pause due to COVID-19. In the filing, Opendoor said “we are just scratching the surface today. We believe we have a massive opportunity to expand our to reach the top 100 markets in the United States.”For much of 2020, government edicts related to the pandemic had a dramatic effect on Opendoor’s business. In the first half of 2020, Opendoor said it sold 7,832 homes, compared to 8,985 homes in the first half of 2019, representing a decrease of 13%.Overall, Opendoor made $1.9 billion in revenue in the first six months of 2020, slightly below the $2.2 billion from the first six months of 2019. Overall, Opendoor posted a net loss of $118 million from January through June 2020.The Housing News Podcast is a weekly wrap of the top news stories by HousingWire Editor in Chief Sarah Wheeler. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Freddie Mac. HousingWire articles covered in this episode: Opendoor discloses that it’s under federal investigation Blackstone-owned lender and servicer Finance of America to go public Caliber Home Loans plans $2B-plus IPO United Wholesale Mortgage plans $16B public debut via acquisition Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Guaranteed Rate’s Shant Banosian, the nation’s No. 1 loan originator, joins the Housing News Podcast to discuss how he became the company’s first loan officer to fund $1 billion in loan volume in one year, as well as the future of the U.S mortgage market. During the interview, Banosian explains how he’s generated more than $4 billion in loans over the course of his decade-long career, as well as how Guaranteed Rate weathered the initial stages of the COVID-19 pandemic. For some background on Banosian, here’s a summary of HousingWire’s latest  article on his achievement: Over the last five years, Shant has been Guaranteed Rate’s No. 1 loan officer nationwide, as well as the top producer in Massachusetts since 2013.Banosian told HousingWire that the key to his success is his team, and focusing on what consumers need and want.“It’s one of those cliches: you don’t want to just work in the business, you need to work on the business,” Banosian said. “We’re constantly working on our business and taking feedback from our clients trying to understand what it is that our clients and our partners want, how to constantly be forward-thinking in terms of staying ahead of the competition and figuring out ways to be more efficient.”Not only are Banosian and his team having a record-setting year, so is Guaranteed Rate, as it funded double the total loan volume compared to the same time last year. Just in August, the company locked down $12 billion in loan volume, breaking its record for one month.The Housing News Podcast is a weekly wrap of the top news stories by HousingWire Editor in Chief Sarah Wheeler. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Freddie Mac. HousingWire articles covered in this episode: Shant Banosian becomes Guaranteed Rate’s first LO to originate $1 billion 2020 HW Tech100 Mortgage winner: Guaranteed Rate Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Housing Policy Council President and former Federal Housing Finance Agency Interim Director Ed DeMarco, joins the Housing News Podcast to discuss the future of U.S housing regulation as well as what the November presidential election could mean for the housing market. In this episode, DeMarco discusses what lies ahead for the economy and the housing market once the forbearance period, which was implemented by The CARES Act and gave finically struggling mortgage borrowers the right to suspended payments without penalties for up to 12 months, comes to an end.During the interview, DeMarco also addresses the unique challenges facing the FHFA as the agency continues to navigate COVID-19’s impact on the overall industry.  According to him, the FHFA will need to balance the uncertainties arising from both the pandemic and the policies that have been enacted to protect lenders and homeowners. “Yeah, so FHFA has got an interesting challenge,” DeMarco said. “They have to balance the uncertainties arising from the pandemic and all of the many steps that have been taken in response to the pandemic, with the longer-term goals that Director Calabria has been quite clear about in regard to wanting to end the conservatorships.”“So, you know, that's an interesting and difficult balance they have right now,” He said. “I expect this is out of the minds of the director and his staff, but of course, many other folks are awaiting the election to see what it all means.”The Housing News Podcast is a weekly wrap of the top news stories by HousingWire Editor in Chief Sarah Wheeler. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Freddie Mac.Here are links to the topics discussed:·      An end to Fannie, Freddie conservatorship by 2022?·      FHFA moves closer to ending conservatorship, issues new rule on allowing Fannie Mae, Freddie Mac to build capital·      Fannie Mae and Freddie Mac announce underwriting advisers·      Lawmakers ask Calabria to rethink adverse-market fee·      Calabria does not expect widespread delinquencies due to coronavirus Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Robert Dietz, the chief economist and senior vice president of economics and housing policy at the National Association of Home Builders, joins the Housing News Podcast to discuss how the nation’s homebuilders have fared during the COVID-19 pandemic. In this episode, Dietz discusses how a national shortage of housing inventory and rising lumber prices have contributed to an increase in construction costs, which is making it much harder for builders to introduce affordable supply to the housing market. The Housing News Podcast is a weekly wrap of the top news stories by HousingWire Editor-in-Chief Sarah Wheeler. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Freddie Mac.  Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, the Housing News Podcast kicks off Season 4 with HousingWire’s Editor-in-Chief, Sarah wheeler as its new host. In the first episode of the season, Odeta Kushi, the deputy chief economist at First American Financial Corporation, discusses her economic outlook for 2020, as well as her forecasting approach for the COVID-19 pandemic. Notably, the duo also discusses how low mortgage rates, high unemployment and forbearance requests will impact the housing industry in 2021. For some background on the interview: During the interview, Kushi discusses what indicators First American was watching during the early months of the COVID-19 pandemic and how they have impacted the overall market. “We wanted to know what would really impact the housing market, and that is obviously the labor market,” Kushi said. “So, we looked at high frequency data like initial jobless claimsto gauge how badly the pandemic, shelter in placeand the shutdown would impact the labor market. We also analyzed mortgage applicationsto see how demand is being impacted in real time, and then of course, we looked at monthly indicators like homebuilding.”The economist also discusses what the Federal Reserve’s shift in monetary policy could mean for the housing industry this year and next.“I think for all fields, this is going to be a huge learning experience, specifically for economics as we'll be able to look back and see the impact of the Federal Reserve stimulus, a lot of which was unprecedented,” Kushi said. “We’ll also be able to play out scenarios and utilize current data as a tool for future economic decline, and I think that will be really helpful.”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 Freddie Mac.  Here are links to the topics discussed: Fed’s new inflation policy may lead to higher mortgage rates Average mortgage rate falls to 2.91%: Freddie Mac Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, the Housing News Podcast features a bonus crossover episode from HousingWire’s Daily Download. In this episode, Mortgage Marketing Radio’s Geoff Zimpfer and HousingWire columnist Logan Mohtashami discuss why the U.S. housing market is winning in spite of the COVID-19 pandemic’s economic impact. For some background on the interview, here’s a brief summary of Mohtashami’s latest HousingWire column: The U.S. economy started the year off in an expansionary mode. Retail sales were positive year over year, job openings were roughly at 7 million and the housing data for the first time in a long time started to outperform other sectors of the economy. Existing and new home sales hit cycle highs, purchase application data showed steady double-digit year over year growth and housing starts had almost 40% year over year growth in February. Then we were hit with COVID-19, and the fear of this virus along with the economic decline due to the stay-at-home orders whipped the housing bubble boys into a frenzy of crash calls.My long-standing core thesis has been that the housing market would have the weakest recovery from a crash in the years 2008 to 2019, but it would improve in years 2020-2024 because U.S. demographics would become favorable for housing. This is the time frame where we should see 1.5 million total housing starts and the purchase application index will get over 300. 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 Mortgage Services. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, the Housing News Podcast features a bonus crossover episode from HousingWire’s Daily Download. In this episode, HousingWire Magazine Editor Kelsey Ramírez interviews OJO Labs Chief Marketing Officer Karen Starns about the role of marketing in the housing industry’s changing landscape. For some background on the interview: This year the unprecedented outbreak of COVID-19 and the response from local, state and even the national government changed how business operate, where they operate from and importantly, their marketing strategies.The housing industry fluctuates quickly, creating the need for consistent changes in marketing strategy, but with the onset of COVID-19 many companies were forced to pivot with little to no notice.Spoiler alert: HousingWire 2020 Woman of Influence Karen Starns spoke with us about the role marketers played in the COVID-19 crisis. She explained that marketers need to find out what works for them and double down on it, however they should always have an experimental campaign in the works.“Never be afraid to try something new,” Starns said in the interview.Starns is a force within the consumer tech space. As chief marketing officer at OJO Labs, Starns focuses her attention on the revamping of OJO Labs’ brand to better reach a rapidly increasing number of consumers through the company’s proprietary AI advisor for homebuying. Starns is featured heavily in our 2020 HousingWire Magazine redesigned August issue. To access our all-new magazine and HW+ premium content, sign up here.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 Mortgage Services. Here are links to the topics discussed: HW Women of Influence Program Details Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Tom Hutchens, the executive vice president of production at Angel Oak Mortgage Solutions, and Manish Valecha, the head of client solutions at Angel Oak Capital Advisors, join the Housing News Podcast for its season finale. In this episode, the duo discusses the current non-QM landscape, as well as what led to the quick evaporation of the product in March 2020. Additionally, the pair discuss the two newly announced proposed rulemaking notices from the Consumer Financial Protection Bureau on the QM Patch, and what those changes could mean for the industry at large. 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 Mortgage Services. Here are links to the topics discussed: Did non-QM just disappear from the market? Non-QM lending has disappeared from the market Non-QM lending inching back into the market CFPB to eliminate DTI requirement from qualified mortgage standards Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Carl Tyree, the executive vice president, and chief sales officer at Arch Mortgage Insurance, joins the Housing News Podcast to discuss how the growth of the nonbank originator channel is impacting the housing industry.In this episode, Tyree discusses the amount of servicing volume that Independent mortgage bankers are retaining and how they’ve managed to navigate the COVID-19 pandemic.Additionally, Tyree explains how mortgage insurance companies work with lenders throughout the forbearance process and explains why the implementation of new technology has been critical for ensuring the mortgage industry’s survival.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 Mortgage Services.Here are links to the topics discussed: Share of mortgages in forbearance rises to 8.5% Fannie Mae, Freddie Mac forbearance rate is ‘manageable,’ Calabria says David Stevens stresses the important role of IMBs [PULSE] The value of warehouse lenders in the mortgage market Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, the Housing News Podcast features a bonus crossover episode from HousingWire’s Daily Download. In this episode, HousingWire Digital Producer Alcynna Lloyd interviews The Urban Institute‘s Alanna McCargo on how the COVID-19 pandemic is likely to impact America’s black homeownership rate. For some background on the interview: Last year, the homeownership rate for black Americans fell to 40.6% in the three months through June, the lowest level in the Census Bureau’s quarterly data going back to 1994, according to a government report. It was the smallest share recorded for black households since the 1950 decennial Census when it was 34.5%.The downward trajectory began in 2007 when predatory home loans started going into default, sparking a financial crisis that spread across the globe as trillions of dollars in mortgage securities lost value. While the overall U.S. homeownership rate fell from 68.4% at the beginning of 2007 to 64.1% in 2019’s second quarter – a drop of just over four percentage points – the decline for black Americans was much steeper. The rate went from 48% to 40.6%, dropping more than seven percentage points. And now data shows, that the coronavirus pandemic is likely to worsen prospects for Black Americans, which will lead to a larger gap in the homeownership rate.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 Mortgage Services. Here are links to the topics discussed: Biden urges support for black businesses and homeownership [PULSE] 3 ways to increase and empower black homeownership Homeownership rate for black Americans drops to record low Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Austin Niemiec, the executive vice president at Quicken Loans Mortgage Services, joins the Housing News Podcast to discuss the housing industry’s rapidly changing landscape. In this episode, Niemiec discusses his evolution in the mortgage industry and offers insight on how best to coach teams during these turbulent times. Additionally, Niemiec touches on the nation’s significant uptick in forbearance requests from financially strained borrowers, growth in the wholesale lending market, and expanding mortgage refinancing volume. 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 Mortgage Services. Here are links to the topics discussed: Has the mortgage forbearance curve flattened? Fannie Mae, Freddie Mac will allow borrowers who took forbearance to refinance their mortgage Is now a good time to buy a home? Mortgage refinancings set to surge to a 17-year high Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, MBS Highway Founder and CEO Barry Habib joins the Housing News Podcast to discuss how the COVID-19 pandemic continues to impact the nation’s housing ecosystem. In the second half of this two-show episode, Habib explains why U.S. markets now face an uphill battle as the unemployment rate falls to Great Recession levels, and why first-payment defaults on forbearance are problematic for the housing finance sector. Additionally, Habib discusses a conversation he had with Federal Housing Finance Agency Director Mark Calabria regarding the state of U.S. mortgage servicing. According to Habib, Calabria anticipates there's a good chance the nation’s forbearance window might close at the end of May. 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 Mortgage Services. Here are links to the topics discussed: Banks have the biggest share of mortgages in forbearance  Nearly 500,000 borrowers went into forbearance in the last week Democrats press top mortgage servicers on forbearance issues HUD watchdog: Some servicers are providing wrong information about forbearance Learn more about your ad choices. Visit megaphone.fm/adchoices

In this custom episode presented by Ellie Mae, HW+ Managing Editor Brena Nath talks to Ellie Mae Senior Vice President of Product Strategy and Management Eric Connors on how the mortgage industry is going to move forward in this new normal due to the COVID-19 pandemic.  Now that it’s the beginning of May and more states are starting to provide updates around the stay-at-home orders, Connors shares how the industry has been learning to adjust to the changes in the market, such as the reduction in rates and the increase in volume, all while figuring out the new normal of working from home.  Given how COVID-19 has changed how people in this industry view technology both internally and externally, Connors states, “Imagine if this event had happened 10 years ago on the state of things like the internet, the bandwidth, videos, zoom, all of these things 10 years ago, was a very, very different environment?”  He adds that the industry has made significant strides in how they accept this whole process, saying it is going to be very ground-shaking in what it means to the digital part of people’s lives and how they engage with and leverage tools.  The other area that Connors emphasizes is the impact that the pandemic is having on the eClosing side of the equation.  "This is obviously going to become a higher priority for many of the lenders out there. In particular, the remote online notary and a lot of the legislative constraints that we've had around that I think are likely to start seeing some movement,” he states.  “I think those are going to be two things to sort of watch out for as we go through how this new norm of adopting and leveraging technology, maintaining that engagement, even though we are remote, and then sort of the legislative side of this where we have had legislation in the way of making that more realistic for the experience.”  Lastly, as the industry continues to collaborate at the Ellie Mae Virtual Experience conference, Connors shares some of the biggest trends he’s hearing from lenders and what tips and tools people should bring into the rest of 2020.  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. For the latest updates on Ellie Mae’s Virtual Experience 2020 Conference, go here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Voice of Appraisal's President, Phil Crawford joins the Housing News Podcast for episode eight to discuss how COVID-19 has transformed the appraisal process for the nation's homebuyers. In this episode, the host of the Voice of Appraisal Radio podcast also touches on whether or not the business is an essential service. Crawford also shares his perspective on why appraisers need a bigger voice in policymaking and touches on the potential impact of some recent announcements from federal banking regulators that allow appraisal postponements up to 120 days after a mortgage. 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 Mortgage Services. Here are links to the topics discussed: Are appraisals an essential service? The fragmented voice of the appraisal industry Credit unions can now also delay appraisals until 4 months after a mortgage closes Banks can now postpone some appraisals until 120 days after a mortgage closes Learn more about your ad choices. Visit megaphone.fm/adchoices

In this custom episode presented by Ellie Mae, HW+ Managing Editor Brena Nath talks to Ellie Mae Senior Vice President of Marketing Jonas Moe.  Moe shares some advice on how to  pivot marketing strategies right now given the new social distancing world we’re in. Using their own Ellie Mae Experience conference as an example, Moe explains what it means to think of things virtually first, since the idea of having face-to-face meetings is so ingrained.  When it comes to this new way of engaging with peers, Moe adds, “I think one of the things that a lot of us are adjusting to is what success looks like, and how do I measure success in that virtual world?” He also touches on how Ellie Mae’s Virtual Experience 2020 Conference kicked off this week, opening the door to a new type of networking experience and collaboration.  “We’ve adapted a lot of content to be relevant to the time we're in now. Even thinking about where we were 60 days ago to where we are now, we've adapted a lot of the sessions and rejiggered them in many ways to talk about how businesses go forward in this COVID-19 world,” says Moe. “I want people to walk away understanding what Ellie Mae can do for them from a business perspective, and I want them to collaborate with each other so that they understand what tips and tricks are making them successful in this world where they've had to adapt their whole workforce.”  With Ellie Mae’s Virtual Experience 2020 Conference in full swing, they also announced that they will be donating  $10 for every person who registers for Virtual Experience to GetUsPPE.org, an organization that is providing personal protective equipment to the doctors, nurses and first responders on the front lines. They will be donating up to $50,000 based on registrations. 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. For the latest updates on Ellie Mae’s Virtual Experience 2020 Conference, go here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, AMC Lending Group's Senior Loan Manager, Logan Mohtashami joins the Housing News Podcast for episode eight to talk about the housing market's rebound. In this episode, the HousingWire columnist and housing data analyst dives deeper into his recent article, "The Housing Industry isn’t as doomed as it may seem…” which discusses the housing market’s potential rebound following the COVID-19 pandemic. Mohtashami also shares his perspective on what he thinks will be the biggest issues facing the housing industry in the virus’ wake. According to Mohtashami, the housing industry needs to prepare for an uptick in home foreclosures and rapid home price growth due to a lack of housing inventory. 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 Mortgage Services. Here are links to the topics discussed: Housing isn’t as doomed as it may seem – Here’s why Mortgage forbearance level now at 5.95% Nearly 3 million borrowers are already in forbearance U.S. inventory of homes for sale reaches record low   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. In this custom episode presented by Ellie Mae, HW+ Managing Editor Brena Nath talks with Ellie Mae Chief Operating Officer Joe Tyrrell to discuss the surge in  interest around technology for internal and external purposes due to the COVID-19 pandemic, along with the technology trends that are starting to emerge.  Ellie Mae is uniquely positioned to see the juxtaposition between consumer demand in the market and the current state of the secondary market, as they help lenders pull loans all the way through their pipeline and get them into the secondary market. When asked what lessons lenders will learn from this time, Tyrrell said, “I think we’ll never be the same. Even when we all return back to our workplaces, employees are going to have new concerns that they didn't have before, and employers, and lenders specifically, are going to have to really think hard about how they prepare themselves for whatever the next situation might be that disrupts their business.” Tyrrell also shares why Ellie Mae decided to make Ellie Mae Insights, its analytics solution that provides peer benchmarking comparison analysis, generally available, adding that lenders now have access to new data to help them make decisions.  And with Ellie Mae’s Virtual Experience 2020 Conference starting next week, Ellie Mae is set to have a much bigger audience than they've ever had, as they prepare to strategize and plan for the future together. For the latest updates on Ellie Mae’s Virtual Experience 2020 Conference, go here.  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 Mortgage Services. This week, Movement Mortgage CEO and Co-founder Casey Crawford joins the Housing News Podcast for episode seven. In this episode, the former NFL player touches on the biggest issue facing the housing finance sector – the ongoing uptick in forbearance requests from the nation’s financially strained borrowers, and the impact it is having on independent mortgage servicers nationwide. Crawford also shares his perspective on how the U.S. mortgage industry can best adapt and overcome challenges during this period of uncertainty. According to Crawford, the mortgage market is one of dramatic highs and dramatic lows. If mortgage companies want to overcome volatility, industry leaders must position their organizations to proactively address problems quickly and decisively. Here are links to the topics discussed: Calabria: No servicer liquidity facility coming, but GSEs may pull servicing from struggling companies MBA “strongly disagrees” with FHFA Director Calabria’s stance on servicing [PULSE] A federal liquidity solution for the mortgage servicing industry [PULSE] IMBs are the path to recovery, not the problem Advertiser Disclaimer: Quicken Loans Mortgage Services (QLMS) – Call for cost information and conditions. Equal housing lender. Licensed in all 50 states. NMLSConsumerAccess.org #3030. 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 Mortgage Services. This week, Mountain Lake Consulting’s CEO David Stevens, who is the former president and CEO of the Mortgage Bankers Association, joins the Housing News Podcast for episode six. In this episode, Stevens who formerly served as the US Assistant Secretary of Housing for the United States Department of Housing and Urban Development under the Obama administration from 2009 to 2011, discusses his perspectives on the current state of the U.S. housing finance industry, particularly on independent mortgage banks and their role in lending. As the industry knows, market uncertainty continues to increase as more and more borrowers request forbearance on their mortgages due to financial difficulty born out of the coronavirus pandemic. According to Stevens, every person in the mortgage finance sector needs to be prepared for an extended duration of credit constraints being applied to the loans they’re attempting to originate. Here are links to the topics discussed: Calabria: No nonbank is too big to fail Calabria: No servicer liquidity facility coming, but GSEs may pull servicing from struggling companies MBA “strongly disagrees” with FHFA Director Calabria’s stance on servicing Calabria does not expect widespread delinquencies due to coronavirus [PULSE] A federal liquidity solution for the mortgage servicing industry [PULSE] IMBs are the path to recovery, not the problem Advertiser Disclaimer: Quicken Loans Mortgage Services (QLMS) – Call for cost information and conditions. Equal housing lender. Licensed in all 50 states. NMLSConsumerAccess.org #3030. 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 Mortgage Services. This week, MBS Highway Founder and CEO Barry Habib, who was recently named the 2020 winner of the Crystal Ball Award, presented by Zillow and Pulsenomics, joins the Housing News Podcast for its fifth episode of season three. In the first half of this two-show episode, Habib discusses the Coronavirus’ impact on the U.S. housing market and explains how a global pandemic hurled the housing finance industry in an economic storm that has yet to pass. Habib, who says “not even Stephen King could have scripted this”, also explains why the Federal Reserve’s desire to lower mortgage rates isn’t just damaging for mortgage servicers, but lenders who now fear losing the ability to hedge their risk. According to Habib, not only does the Federal Reserve need to temporarily slow MBS purchases to allow pipelines to clear, but they must more clearly communicate that mortgage rates and the Fed Funds Rate are not one and the same.Advertiser Disclaimer: Quicken Loans Mortgage Services (QLMS) – Call for cost information and conditions. Equal housing lender. Licensed in all 50 states. NMLSConsumerAccess.org #3030. 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. In this custom episode presented by Ellie Mae, HousingWire Community Editor Brena Nath talks with Ellie Mae President and CEO Jonathan Corr to discuss the state of the mortgage industry and gives some advice on how lenders and companies can navigate everything going on in the industry.  Corr also gives an inside look at Ellie Mae’s new Virtual Experience 2020 Conference and the unique opportunities it offers attendees to interact with leading experts and their peers on the top issues in the industry right now.  “This is a stressful time for everybody, but how do you put yourself in a position to come out stronger and smarter and faster on the other side?” Corr said. “It really is in times of challenge and crisis where the folks who take it as an opportunity to invest in themselves always end up being more successful when the clouds clear and the sun comes back up.” For the latest updates on Ellie Mae’s Virtual Experience 2020 Conference, go here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

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 Mortgage Services. This week, Glenn Stearns, who has undoubtedly been one of the biggest names in mortgage lending over the last 30 years, joins the Housing News Podcast for its fourth episode of season three. Stearns, who founded Stearns Lending in 1989, joins the Housing News Podcast to discuss his new company, Kind Lending, which touts itself as a “fresh and edgy approach to mortgage banking.” Additionally, the trailblazer discusses current market conditions, which have been changing each day as Coronavirus continues to take its toll on the mortgage industry. According to Stearns, who survived the Housing Crisis of the 2000s, if mortgage companies want to survive this period of uncertainty, they will need to invest in technology and learn how to better communicate. Here’s more detail on the topics of discussion this week: Glenn Stearns founded the mortgage company that carries his name, Stearns Lending, in 1989. And in the convening years, Stearns helped build the company into one of the biggest mortgage companies in the nation. But Stearns has laid somewhat low in the last year or so, but he is being quiet no more. Stearns is launching a new mortgage company, Kind Lending. Quicken Loans recently joined the thousands of companies that are encouraging (if not requiring) their employees to work from home to combat the spread of COVID-19. But the nation’s largest mortgage lender is hardly the only company that is moving to a remote work policy as the concern over the virus worsens. The Federal Finance Agency, Guaranteed Rate, Caliber Home Loans, and United Wholesale Mortgage are just a few names reassessing their workplace procedures. The White House and the Federal Housing Finance Agency are calling for up to 12 months of mortgage forbearance for Americans who can’t pay their bills because of the COVID-19 pandemic. The amount of people needing that help is so big, it might require the Federal Reserve to flex its muscles, according to a report from Cowen Washington Research Group. Specifically, the Fed might have to use Sec. 13 of the Federal Reserve Act that covers emergency lending, it said. And here are links to the topics discussed: 1) Glenn Stearns is back, launches Kind Lendinghttps://www.housingwire.com/articles/glenn-stearns-is-back-launches-kind-lending/ 2) Here’s how the mortgage industry is reacting to the coronavirus https://www.housingwire.com/articles/heres-how-the-mortgage-industry-is-reacting-to-the-coronavirus/ 3) Can the Fed help Americans get mortgage forbearance?https://www.housingwire.com/articles/can-the-fed-help-amer Learn more about your ad choices. Visit megaphone.fm/adchoices

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 Treasuries and mortgage bonds in an effort to bolster the economy as the coronavirus that causes COVID-19 spreads in the U.S. As the mortgage business continues to try to deal with the repercussions of interest rates hitting an all-time low early March, it appears that some lenders are inflating their advertised mortgage rates to try to stem the tidal wave of mortgage applications they’re receiving. Mortgage rates fell to an all-time low two weeks ago, and lenders across the country are now dealing with a deluge of mortgage applications as borrowers rush to both buy and refinance. But are some of those same lenders keeping borrowers from getting even lower interest rates than they already are? The answer: Possibly. Learn more about your ad choices. Visit megaphone.fm/adchoices

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