HousingWire Daily

Today’s Daily Download episode features an interview with Bob Broeksmit, president and CEO of the Mortgage Bankers Association. Broeksmit discusses the Federal Housing Finance Agency’s recent decision to implement a new fee on mortgage refinances, a decision that was made without prior counsel from the MBA.  “[This] puts into effect a massive price increase with virtually no notice, meaning that h...

Today’s Daily Download episode features an interview with Maurice Jourdain-Earl, Co-Founder and Managing Director of Compliance Tech. In this episode, Maurice discusses his LinkedIn article that tackles the COVID-19 forbearance mortarium, in which he says enlarges the wound caused by a lack of black homeownership in America.  Jourdain-Earl explains why he believes Section 4022 of the CARES Actwill...

Today’s Daily Download episode features an interview with the National Association of Real Estate Brokers President Donnell Williams about the termination of the Obama-era AFFH fair housing rule.  According to Williams, the termination will have a negative impact on fair housing as it will leave many Americans vulnerable to housing discrimination.   “This will have a negative impact on fair housin...

Today’s Daily Download episode features an interview with Walter Huff, who is the Owner and CEO of The Huff Real Estate Team at Keller Williams. In this episode, Huff explains how the growing number of seniors aging in place will impact America's housing supply. During the interview, Huff also touches on how the COVID-19 pandemic may lead to an uptick in multigenerational households as the unemplo...

In today’s Daily Download episode, HousingWire covers an announcement that an announcement from Ellie Mae that it has entered a definitive agreement to be acquired by Intercontinental Exchange for approximately $11 billion. For some background on the story, here’s a summary of the article: Ellie Mae announced Thursday it entered a definitive agreement to be acquired by Intercontinental Exchange fo...

In today’s Daily Download episode, HousingWire covers an announcement that the Federal Reserve may abandon its longtime strategy of using its benchmark rate to pre-emptively prevent inflation from rising above its 2% target, which could lead to an end of rock-bottom mortgage rates. For some background on the story, here’s a summary of the article: Fed Chairman Jerome Powell said at a news conferen...

Today’s Daily Download episode features an interview with Rogers Healy, the owner, and CEO of Rogers Healy and Associates. In this episode, Healy explains how the COVID-19 pandemic has transformed the real estate industry as well as its impact on homeowners and homebuyers. During the interview, Healy also touches on how low mortgage rates have contributed to an uptick in demand, which has created...

In today’s Daily Download episode, HousingWire covers a letter from the Council of Large Public Housing Authorities addressed to the Department of Housing and Urban Development Secretary Ben Carson, expressing opposition to the termination of the AFFH rule. For some background on the story, here’s a summary of the article: In a joint letter on Monday addressed to Department of Housing and Urban De...

In today’s Daily Download episode, HousingWire covers an exclusive interview between HousingWire’s Editor-in-chief Sarah Wheeler and former Department of Housing and Urban Development  Secretary Julian Castro about the Trump administration’s termination of the AFFH fair housing rule. For some background on the story, here’s a summary of the article:   In the week since the Affirmatively Furthering...

In today’s Daily Download episode, HousingWire covers the National Association of Realtors’ expressed disappointment in the termination of the AFFH fair housing rule. For some background on the story, here’s a summary of the article: On Wednesday, President Donald Trump tweeted about his administration’s actions in abolishing the Obama-era AFFH fair housing rule – a move which we covered on July 2...

In today’s Daily Download episode, HousingWire covers the Federal Reserve’s prediction that the fate of the U.S. economy will depend on successful management of the coronavirus pandemic. For some background on the story, here’s a summary of the article: The future of the U.S. economy depends on how well the coronavirus pandemic is controlled, the Federal Reserve’s rate-setting committee said on We...

In today’s Daily Download episode, HousingWire covers a report from the Mortgage Bankers Association that indicates loans in forbearance have fallen for the sixth consecutive week. For some background on the story, here’s a summary of the article: The total number of loans in forbearance fell for the sixth week in a row to 7.74% of servicers’ portfolio volume, according to a report by the Mortgage...

In today’s Daily Download episode, HousingWire covers Fannie Mae’s endorsement from CICERO Shades of Green for its single-family homes. For some background on the story, here’s a summary of the article:   Fannie Mae, the largest issuer of green bonds in the world, said on Monday it received an endorsement from CICERO Shades of Green for its mortgage-backed securities that are the first containing...

In today’s Daily Download episode, HousingWire covers  Tesla’s plans to build a $1.1 billion factory in  Austin, Texas. For some background on the story, here’s a summary of the article: Electric car giant Tesla unveiled plans this week to build a $1.1 billion factory in Austin. Rumors had swirled for months prior that it might be happening, but this week, the news became official. In building the...

In today’s Daily Download episode, HousingWire covers  The Trump administration’s plan to abolish the Obama-era AFFH fair housing rule. For some background on the story, here’s a summary of the article:   The Trump administration will terminate the Obama-era rule regarding the implementation of the Affirmatively Furthering Fair Housing, or AFFH, provision of the 1968 Fair Housing Act, according to...

In today’s Daily Download episode, HousingWire covers  Freddie Mac’s latest Primary Mortgage Market Survey that shows an uptick in mortgage rates. For some background on the story, here’s a summary of the article:   Mortgage interest rates rose from a record low this week, increasing above the 3% threshold, as a resurgence in COVID-19 infections in the U.S. caused lenders to worry about the jobs m...

In today’s Daily Download episode, HousingWire covers a forecast from Fannie Mae’s Chief Economist Doug Duncan that projects mortgage lending is set to top $3 trillion this year. For some background on the story, here’s a summary of the article:  Mortgage lending is set to reach $3.14 trillion this year, the highest since 2003, as the annual average rate for a 30-year fixed home loan falls to a re...

Today’s Daily Download episode features an interview with Varci Media CEO Shondell Varcianna. In this episode, Varcianna explains why content strategy is important for mortgage and real estate companies as they try to reach more consumers. During the interview, Varcianna also discusses why companies in the housing space need to “bridge the gap” when educating customers. According to her, as more c...

In today’s Daily Download episode, HousingWire covers a 10-year study by QuestSoft that reveals since 2019, the percentage of “Outstanding” ratings on Community Reinvestment Act performance evaluations has dropped across the board. For some background on the story, here’s a summary of the article: A 10-year study by QuestSoft revealed that since 2019, the percentage of “Outstanding” ratings on Com...

In today’s Daily Download 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 w...

In today’s Daily Download episode, HousingWire covers Freddie Mac’s weekly Primary Mortgage Market Survey that shows mortgage rates have now fallen below 3% for the first time ever. For some background on the story, here’s a summary of the article:  The average mortgage rate fell to 2.98% this week, breaking the 3% threshold for the first time, as investors concerned about a resurgence of the COVI...

In today’s Daily Download episode, HousingWire covers a request from Quicken Loans and the National Association of Realtors for the Department of Housing and Urban Development to take a look at deeper causes of systemic discrimination. For some background on the story, here’s a summary of the article:  In recent days, both Quicken Loans, the nation’s largest lender, and The National Association of...

In today’s Daily Download episode, HousingWire covers a report from the Mortgage Bankers Association that claims the share of mortgage loans in forbearance has fallen for the fourth consecutive week. For some background on the story, here’s a summary of the article:  The share of mortgage loans in forbearance fell for the fourth week in a row to 8.18% according to the Mortgage Bankers Association’...

In today’s Daily Download episode, HousingWire covers an announcement from the Federal Housing Administration that it has expanded its menu of loss mitigation options in succession with the U.S Department of Housing and Urban Development’s eviction prevention and stability toolkit. For some background on the story, here’s a summary of the article: The Federal Housing Administration announced on We...

Today’s Daily Download episode features two change agents at the Quicken Loans and the Rock Family of Companies who are not only making an impact in our industry but in the nation for their work on diversity, inclusion and systemic change. Those two change agents are Trina Scott, chief diversity officer at Quicken Loans, and Laura Grannemann, vice president of strategic investments at the Quicken...