Remember when talk of a “re-IPO” of Freddie and Fannie dominated residential lending news? That has certainly quieted, Pulte’s attentions are diverted, and you can […]
Over the past year, I’ve had the opportunity to sit down with Pennymac CEO David Spector on multiple occasions, first while wearing camouflage in the Black […]
D-Day was 82 years ago today. All of those young men that day grew up during The Depression. Different time, different place… The base pay was $50 […]
Today we’re going to learn about the facts of life. Trivia-loving basketball facts’ fans know that this is the first time the NY Knicks have […]
Yes, rates are “higher for longer,” but what are borrowers thinking and how are LOs strategizing? Today at 3PM ET on The Big Picture, two veteran […]
Who says that you have to have the latest & greatest? What about… balsa wood airplanes? The same company has had no competition and has been manufacturing them in Massachusetts for 100 years! The latest and greatest with FHFA Director Bill Pulte (happy 38th birthday last week!) is that President Trump tapped him (more below), to be the acting director of national intelligence. At this point he is still running Freddie Mac and Fannie Mae. The President cited Pulte’s work at the FHFA and his…
Those in the Northern Hemisphere are moving toward summertime already, it being June. The calendar is always changing, as is the corporate landscape. “Rob, I know that Model Match, RETR, MMI, and Ingenius put out a lot of research regarding housing. Does anyone do it for builders, or commercial real estate?” Yes, Zonda, and now the company is being purchased by CoStar Group; and the acquisition will add to the home building industry’s top B2B information platform. Yesterday was Taylor…
While M&A continues (the latest example being Berkshire Hathaway buying homebuilder Taylor Morrison for $8.5 billion!), I find myself in San Juan Capistrano at the Insellerate Experience Summit but keeping an eye out for returning swallows. Lenders are keeping an eye out for loans: Although lenders generally had a good April and May, pipelines for June fundings and beyond appear to be down significantly. Insellerate’s Summit is focused on AI and tech. Mortgage has spent decades layering…
