Episode Description: Jessica B. Harris may have been born and raised in New York City, but she has Tennessee roots through her father and has spent much of her life split between homes in the Northeast and the South – specifically New Orleans. For more than fifty years, she has been a college professor, a writer, and a lecturer, and her many books have earned her a reputation as an authority on food of the African Diaspora, as well as a lifetime achievement award from the James Beard Foundation. A few years back, Netflix adapted her book, High on the Hog: A Culinary Journey from Africa to America , into a 4 part docuseries. And I’m very proud to say that she’s a longtime contributor to Southern Living with a regular column called The Welcome Table. This episode was recorded in the Southern Living Birmingham studios, and Sid and Jessica talked about her mother’s signature mac and cheese, the cast-iron skillet she’d be sure to save if ever her house were on fire, and her dear friend, the late New Orleans chef Leah Chase. For more info visit: southernliving.com/biscuitsandjam Biscuits & Jam is produced by : Sid Evans - Editor-in-Chief, Southern Living Krissy Tiglias - GM, Southern Living Lottie Leymarie - Executive Producer Michael Onufrak - Audio Engineer/Producer Jeremiah McVay - Producer Learn more about your ad choices. Visit podcastchoices.com/adchoices…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about the fact that there is $11.5 in home equity available in the market. Homeowners are sitting on a lot of equity. Tappable equity is 80% of the current value of the home. Did you know, you can leverage the equity in your favor? The two types of loan we are discussing is HELOAN (Home equity loan) which is basically a new mortgage so that you can tap into the value you've accumulated, and a HELOC (home equity line of credit) is like a credit card against your equity. However, the interest rates are higher and they amortize in shorter periods - up to 10 years. There's a time and a place for both, such as if you want to remodel a bathroom or add in new landscaping. These are a couple of reason's you might get these loans. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about whether FICO is a monopoly. Today's article "FHFA's Bill Pulte takes aim at FICO 'Monopoly'" references the fact that FICO is synonymous with credit, and their costs have gone up over 400% in the last few years. These costs have been passed onto the borrowers through a fee when they pull their credit reports. The three major credit report companies are Equifax, TransUnion and Experian; Network Funding runs all three borrowers to get your average credit score. Bill Pulte says these companies are utilizing monopolistic tendencies, and this is a burden to home buyers. Pulte could be wanting to move Fannie and Freddie to a different model and get rid of FICO if they can't get these credit report costs to come down. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk homebuyers fearing a recession. Today's article is from Newsweek: "US homebuyers fearing a recession: poll." People are afraid from budget fights to tariffs wars, there's so much uncertainty. But still the majority are not concerned, homebuyers however think if there is a recession, they will get a more affordable home. The truth is we have a home shortage, and prices are not coming down. It's simple supply and demand economics. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about credit downgrades and tax reforms. Over the weekend, the market dipped because of investor confidence. This new tax reform bill is going to cost $4.6 trillion, so Moody dropped the rating. Ultimately, we need to control our debt and deficit, because the country spend's more than it brings in. Today's article from NAR says "First draft of tax reform bill [is] "very positive" for real estate." There's a lot of spending in this first draft, but there are also a lot of improvements for our industry. Two protections: state and local taxes is tripling the amount you can deduct, and also increased mortgage interest deductions. Two wins for our industry, but this is just a draft and not the final bill. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk CPI and what it means for mortgages. Today's article is from Market Watch: "Rent increases and driving overall inflation -- but it's a lot more complicated then you think." Overall, the latest CPI report came in as expected. We are trending in the right direction, except the shelter -- the index didn't trend in the right direction. Shelter prices rose 4% causing inflation prices to stay elevated. As homes appreciate, cost of insurances and taxes are rising, causing outrageous rent. Add to all this, if builders pull back on building because of uncertainty with tariffs, it could cause rents to rise even more. We have a major housing shortage and we need solutions now. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about if we avoided a recession with the new trade deals. Big news over the weekend, China and the US agreed on a lower trade deal. Today's article is from Housing Wire "What happens to mortgage rates with more trade deals?" suggesting if this trade deal happens we are likely to avoid a recession. But for us in the mortgage world, that usually means we have elevated rates. We know the Feds two mandates are: maximize employment, and keep the economy humming along with minimal inflation. With these goals in mind, we don't predict any dip in rates until at least September. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about Jerome Powell's press conference in Washington. Rates did not change today - but no one was expecting that - citing a steady economy with maximum employment. However, there is a lot of uncertainty about the future. Stagflation was discussed which is slow or negative economic growth due to higher unemployment and higher prices. No one knows what will happen to employment with the onset of tariffs. Powell wants to keep rates steady because of the uncertain future. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about Federal budget cuts! Today's article is from MPA Mag: "Trump budget proposal targets major cuts to federal housing aid." Some of the proposed cuts include affordability programs totaling $33 billion from HUD. These programs assist a lot of first-time homebuyers, and Trump is trying to push these programs to the states control. Remember, this still needs to be approved by congress, but this is Trumps proposed outline. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about Federal budget cuts! Today's article is from MPA Mag: "Trump budget proposal targets major cuts to federal housing aid." Some of the proposed cuts include affordability programs totaling $33 billion from HUD. These programs assist a lot of first-time homebuyers, and Trump is trying to push these programs to the states control. Remember, this still needs to be approved by congress, but this is Trumps proposed outline. Listen in as we discuss this and more! _____ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about why your zestimate might be wrong. Buyers want deals. Newsweek.com's article "Americans could be over valuing their homes" says there is a divide between what sellers want to get, and what buyers are wanting to pay. Sellers just aren't getting top dollar, and 44% of all home sales have some form of concession. When interest rates come down, the spread between sellers and buyers will likely get smaller. This is just your classic example of supply and demand. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss whether we have flipped from a sellers to a buyers market. We've had an inventory problem the last few years which have benefitted sellers. With 85% of homeowners sitting below a 5% interest rate, homeowners have felt trapped in their current properties. Todays article is from market watch "Housing market stalls as homeowners struggle to sell: "We're really bleeding." We are seeing rising inventory, high demand, price growth and a rise in sellers concessions. The housing market is in a healthy place. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard are finally talking about some good news. A report came out in housingwire.com "New-home sales jump in March despite economic headwinds" where we are seeing some good news -- 6% growth in new-home sales and, strong growth in homes on the market. Regionally the south is driving a lot of the growth where there's more land and it's a little cheaper to build. A lot of headlines are negative, but it doesn't trend with what we are seeing. We aren't seeing real value loss in properties. Starter homes are now in the $400k range -- builders are getting creative with lenders to get buyers into homes from rate buydowns to DPA loans -- there's a lot of opportunity for first time homebuyers. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss where is housing de-regulation? We've been hearing a lot of talk about this, but not a lot of action. Today's article is from Yahoo Finance "Big banks push for simpler mortgage rules as housing market slows." The article references some of the major reforms we are looking for which include making state & federal licenses uniform, giving the LO the ability to discount rates while simultaneously discounting their compensation, eliminating appraisals, and these are just a few of the things being discussed. We just don't know how and when this could happen. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss how uncertainty with rates might cause different mortgage products to do well in this mortgage environment. We've been talking a lot about tariffs and rates for a while now on this podcast, and today's article from CNBC.com, "Homebuyers rush to riskier loans, as tariff turmoil pushes interest rates higher," talks about borrowers returning to adjustable rate mortgages. Buyers are doing this because interest rates are slightly lower for a short-term when you do an ARM, but it is not that much lower. They are mostly being used on larger loans where it makes more of a difference in price, but there are better options, such as a permanent buy-down using seller concessions. We are training our loan officers to equipped to help buyers navigate this tricky enviornment! Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about how tariffs, and ups and downs in the market, have caused a lot of volatility around the world. Our mortgage market is particularly effected by the bond market (our national debt), and is usually considered a safe investment, but rates have risen due to other countries selling off our bonds. Today's article from thestreet.com "Fannie Mae makes crucial update to 2025 mortgage rate forecast," boasts that the fed made another update to its forecast, saying rates could be in the low 6s this year. Fannie's projections are positive so don't get caught unprepared. If you're actively looking to purchase, regularly update your pre-approval and check on the status of rates. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss if shrinking bank accounts post liberation day could affect your ability to qualify for a mortgage. The POTUS says to hang in there, but in the meantime there are some fears out there in marketplace. Today's article is from mpamag.com: "The '800 pound gorilla' now threatening housing affordability in the US." The article is referring to people's shrinking investment accounts. Americans lost trillions in wealth, and the average American's wealth is tied to their homes and 401ks. If you were looking to buy, most lenders will allow you to borrow 50% of your vested balance. So, if it is worth less now, that could be a struggle for your down payment - if you were intending to borrow from that account. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Yesterday was Liberation Day... How liberated do you feel? Rich and Michael discuss Trump's tariffs and how they may or may not affect home building and home purchasing in the months and years to come. Listen in as we discuss this and more! ______ See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss two of the biggest company's in the industry coming together. Today's article comes from Bankrate.com "Two major mortgage players to merge: What should borrowers know?" The two company's are Rocket Companies (Rocket Mortgage) and Mr. Cooper (a very large servicer), and side note: Rocket Companies also just acquired Redfin. This is a big move in our very fragmented industry. They are trying to rollout an end to end experience for a homebuyer. But this may not provide the buyer with the best experience, remember, convenience comes at a cost. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
This week, FHFA made some big policy announcements that are shaking up who is eligible for FHA loans. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss some key industry indicators that are on the way up: Home sales, price and inventory. Today's article from the National Mortgage Professional "Homes sales rise - along with prices and inventory" states that home sales are up 4.2% from last year with a 17% rise in inventory due to so much demand. Everything's up - including home prices. Things are improving month after month, revealing a lot of pent up demand. People are getting into the market despite circumstances. This is great news, and this year is definitely looking up compared to last years housing market. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about why some people are hoping for a recession. Today's article is from MarketWatch "Prospective homebuyers are hoping for a recession to bring down housing prices. Does that make sense?" Looking back at our last recession, the 2008 recession caused prices to come down, however, those were different circumstances. Todays market has qualified buyers. A recession just wouldn't hurt the market that bad today. If there was a recession, yes interest rates would come down, but on the flip side we are in a housing shortage. If interest rates went down, then prices would climb because of competition. Ultimately negating the lower interest rate. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
It was expensive for the government to bailout these two companies roughly a $200 billion bailout from the years 2008-2011. Since then the government has made $400 billion in revenue from these investments, which is being pumped into the government. Where the government will find that income, we are sure, but we are interested to see where this goes. Bill has said he is also going to prioritize fixing fraud and abuse. What are some of the guardrails that are in place now against private companies that weren't in place in 2008. Dodd Frank in 2010 has many guardrails for investors and lenders. ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk Warren Buffet's housing alarm. The Street's article, "Warren Buffett's Berkshire Hathaway sounds the alarm on the 2025 housing market." The article says it's going to be a tough year, or more of the same. We will see more inventory this year, because there are people who have to move for work, family, etc. Remember, the permanent piece, is the purchase price, the interest rate will adjust and can be refinanced. As loan officers, we can coach our buyers on why they should buy today. Listen in to learn more! See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about economic policy and how it affects housing - especially builder confidence. Today's article from Housingwire.com "'Reciprocal' tariffs would create chaos for homebuilders" reminds us that builders need predictability, but there is so much uncertainty with all the tariff talks. If you add a 25% tariff to building cost, that will affect affordability, especially for first time home buyers. We are in a wait and see period.. are these tariffs going to happen or not? It could just be negotiation tactics, but not knowing has home builders uneasy. Listen in as we discuss this and more! See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about high insurance costs. Affordability is becoming a big problem in the United States. Insurance and property taxes have been driven up in the last few years, and according to today's article from Insurance Business Magazine, "Insurance could kill mortgages in some of the US - Powell." In the recent Fed meeting Powell commented on insurance, and how it's increased more than normal the last few years. This is largely due to regions around the gulf, California, Texas and Florida who have an increasing amount of weather events. The insurers in these regions have to share the costs amongst all of the areas they cover, but at some point they can't stay competitive, so we are seeing insurance carriers pulling out of these regions altogether. This is a considerable factor in the affordability piece of buying a home right now. Hopefully, the market finds solutions for this insurance problem soon. But, in the meantime we suggest you find a trusted insurance advisor who will take care of your clients. Listen in as we discuss this and more! See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about the CFPB. It was established by congress to oversee lenders and give access to consumers to learn about mortgage lending, and make complaints. Tensions have come up in recent years, because it's led by one director and many believe it has become out of hand. Don't get us wrong, lenders in the business are better because of the CFPB, but they have gone past their core mission of serving consumers, by antagonizing lenders. The push now is to de-mantle the CFPB. Core question: without CFPB, are consumers still protected? Yes, the states all have regulatory bodies, but there is no central body. Leading to lots of different rules, and making it hard to stay compliant. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about tariffs and trade wars. It's been a crazy first couple of weeks with this new administration. Today's article from Morningstar talks about the possibilities of tariffs and what that could mean for us: "Buying a house admid the trade war? Here's what you can expect from mortgage rates." Some results of tariffs could include an immediate rise in the cost of building supplies like lumbar, and possibly a rise in inflation. There is some disagreement on this, but most economists say tariffs are inflationary. We are good for the next 30 days since Canada, Mexico and the USA have a temporary agreement, but if tariffs do happen, and we see inflation, then the fed would get involved and there could be a possible rate bump. Essentially, we could see interest rates rise, if tariffs come into play. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk the latest Fed meeting. The CME has a Fed watch tool and the likeliness of a rate reduction is very low until June. Ultimately, borrowers should not be waiting for rates to reduce to make a move on a property. If you're on the fence to buy and you're waiting on the Fed or Trump to influence rates, it's not going to happen. But they did say they are going to hold rates, with Powell commenting that inflation remains somewhat elevated. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk December's boost in new home sales. Builders were promoting a lot of incentives to move their inventory before the end of the year. And, reports say homes under $350k increased from 15% to 20% of market share. Meaning lots of first-time home buyers out there. Today's article "New home sales rose in December in definance of higher mortgage rates" from realtor.com talks about despite the rise in home sales in December, 2024 was not a great year for the industry, specifically existing homes. But ultimately, we are optimistic about 2025, rates dropping, and the rise of existing home sales! Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about our new president, and his new initatives. The article we look at today is: "What Trump's win could mean for housing: experts weigh in." There are a lot of thoughts in this article, but we want to focus on the idea of privatizing Freddie Mae, and Fannie Mac. The biggest hurdle in privatizing Freddie & Fannie would be the government giving up billions in revenue. They used to be private companies, until the government brought them into conservatorship during the 2011 bailout. A potential problem in this happening for our industry is that we probably wouldn't see as many loans to less qualified buyers. It would be likely less advantageous for a private company to offer affordable housing initiatives, because they generate less profit. Ultimately, we don't believe this will happen, because the government needs this revenue source. Listen in as we discuss this and more! ______ Grow Your Business: https://join.nflp.com/ ______ Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information. See more at TodayInMortgages.com Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here . Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.…
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