Podcast appearances and mentions of Freddie Mac

- 197 mil sin luz ayer tras salida de Costa Sur 5 y 6 - Diario Libre Trump consigue en empresario cuestionable su aliado para el negocio con Venezuela - FTPa fuera hoy el jefe de la AAA, o eso rumoran muchos por ahí - Noticel Se acabaron las promesas bloquea la salida de la 177 en la autopista - Metro El FBI investiga extorsión/fraude de Power Expectations, hoy hay vista en la Cámara y Pablo José pide investigación federal - El Nuevo Día Trump anuncia "el mayor acuerdo petrolero de la historia" con Venezuela ¿PR va a participar reactivando la Corco? - AlJazeera ¡Mmm… hoy voy pa' Martin's BBQ!Disfruta el mejor y más sabroso pollo asado a la varita de Puerto Rico.Comida fresca, saludable y sabrosa, con tus complementos favoritos: arroces, habichuelas, verduras, mofongo, tostones…¡Mmm… esto sí es criollo!Ordena tu comida favorita para recoger o delivery través de Uber Eats o DoorDash.Martin 's BBQ… una receta, un legado, una tradición.¡Mmm… hoy como en Martin 's BBQ!CIERREAsado… Jugoso… sabroso#martinsbbq#incluyeauspicioIceland dice que no a meterse a la Unión Europea para defenderse de la expansión Trump - CNN  Asesinan maestro en aparente intento de car jacking, van 300 asesinatos - El Nuevo Día EEUU e Irán vuelven a bombardearse, Irán ponía minas en Hormuz, USA bombardea para evitarlo, Irán bombardea bases en Jordania y Emiratos - BBCMiguel Romero refinancia 13 préstamos (~$209M) de 8.5% a 6.35% - El Vocero Lluvias no detendrán el racionamiento Carraízo necesita llegar a 38.50m y está en 37.07m - El Nuevo DíaPablo José dice que se compromete con que haya luz y agua como prioridad - Primera Hora Normal el aumento de marines y aeronaves militares en el Caribe frente a PR dice jefe de seguridad pública - El Vocero Instan a hombres a romper el silencio sobre la violencia sexual - El Vocero Hiram Torres Montalvo va de DACO a la candidatura de alcaldía de Cataño - Telemundo Todo PR terminará con banda ancha de internet para diciembre de 2027 - El Vocero En los años 70, Puerto Rico llegó a evaluar traer hipopótamos para controlar los jacintos que ahogaba lagos y embalses, no se hizo por desastre de la marmota y las culebras - El Nuevo Día Proyecto obligaría a pedir id para el alcohol en PR independientemente de la edad - Metro Vivienda montó un evento en el Coliseo con actos musicales y no pudo precisar cuánto gastó - LOS DATOS DEL DÍA   Brent~$88/barril viernes → ~$91 el finde (por Irán) Diésel (retail EEUU)~$5.47/galón (elevado) Gasolina (AAA nac.)$4.09/galón S&P 5007,711.76 (-0.25%) · semana +0.5% · YTD +12.7% Dow Jones53,559.99 (-0.02%) Nasdaq26,402.42 (-0.52%) Bono 10 años4.73% Euro/USD1.1583 (-0.57%) Hipoteca 30 años6.66% (Freddie Mac)

In this episode of the Loan Officer Podcast, host Dustin Owen sits down with Tom Davis, Chief of Sales at Deephaven Mortgage, to discuss the rapidly expanding non-QM mortgage market and its implications for today's lending landscape. Tom highlights that non-QM now represents roughly 20% of all U.S. loan originations, a significant increase fueled by the growing needs of self-employed borrowers, gig economy workers, and real estate investors who often fall outside traditional agency guidelines. He explains how these borrowers are underserved by conventional lending products, making non-QM solutions increasingly vital for both clients and originators. Tom also identifies home equity lending as a generational opportunity, especially in the current environment of elevated interest rates and record levels of consumer debt. He points out that homeowners are sitting on unprecedented amounts of equity, and innovative lending products can help them access this wealth without sacrificing low first-mortgage rates. The conversation delves into the challenges and opportunities presented by tightening condo lending guidelines from Fannie Mae and Freddie Mac, which have made it more difficult for some buyers to secure financing through traditional channels. Throughout the episode, Tom and Dustin discuss actionable strategies for loan originators to grow their business by embracing alternative financing products, such as non-QM and home equity solutions. They emphasize the importance of building education-focused client relationships, empowering borrowers with knowledge about their options, and positioning originators as trusted advisors in a changing market. By staying informed and adaptable, originators can better serve a diverse range of clients and thrive in the evolving mortgage industry. TLOP's Originator Coaching:

Melody Wright returns to unpack a housing market collapse accelerating faster than 2008. Foreclosure referrals are spiking 150% month over month, FHA delinquencies are climbing past 12%, and multifamily real estate securitizations are showing signs of fraud, mismarked debt, and vanishing capital. Wright and Marty dig into United Wholesale Mortgage's balance sheet troubles, Fannie Mae and Freddie Mac exposure, private credit stress, commercial real estate maturity walls, and why Bitcoin remains the hedge against a monetary system built on unchecked credit creation. Melody on X: https://x.com/m3_melody Melody's Substack: https://m3melody.substack.com/ Find the Home Mining Playbook here: https://www.tftc.io/home-mining-energy-playbook STACK SATS hat: https://tftcmerch.io/ Our newsletter: https://www.tftc.io/bitcoin-brief/ TFTC Elite (Ad-free & Discord): https://www.tftc.io/#/portal/signup/ Discord: https://discord.gg/yHGkvYxdqT Opportunity Cost Extension: https://www.opportunitycost.app/ Shoutout to our sponsors: Block: Cash App: For a limited time, new customers can get $21 added to their balance. Just use code TFTC10 when you sign up, and send at least $5 to a friend in the first two weeks. Terms apply. Bitcoin services by Block, Inc. See the Bitcoin disclosures at cash.app/legal/podcast. Square: Visit http://square.com/go/tftc for up to $200 off eligible Square hardware. Bitkey: Use code TFTC10 for 10% off the new Bitkey. Aven https://www.aven.com/bitcoin CrowdHealth https://www.joincrowdhealth.com/tftc Unchained https://unchained.com/tftc/ Salt of the Earth: https://drinksote.com/tftc Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Newsletter tftc.io/bitcoin-brief/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/ Disclosure: Bitcoin services are provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories, and not all services are available in all states. Bitkey is not available in New York. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Bitcoin is a non-deposit, non-bank product that is not FDIC insured and involves risk, including monetary loss. For additional information, see the Bitcoin disclosures: https://help.cash.app/btcdisclosures Get up to $200 off Square hardware when you sign up at http://square.com/go/tftc! #squarepartner. Offer expires December 31, 2026 at 11:59 pm PST. Offer for $40 off the cost of one Square Stand, $75 off the cost of one Square Terminal, $100 off the cost of one Square Handheld, or $200 off the cost of one Square Register, excluding applicable taxes. Limited to one discount per product type per seller account. Each code is limited to one redemption per account holder. Valid for new Square customers located in the US only. Offer not valid with guest checkout. Square reserves the right to modify, revoke or cancel the offer at any time. Offer cannot be combined with any other coupon. Void where prohibited, not redeemable for cash, and non-transferable. #squarepartner #blockpartner

On today's sponsored episode, Editor in Chief Sarah Wheeler talks with Daniel Miller, Senior Director, Provider Strategy and Distribution at Freddie Mac, about the new UAD 3.6 update and the strategic shift for lenders, appraisers, AMCs and more. Related to this episode: UAD 3.6 Information & Updates Freddie Mac UAD 3.6 Learning Resources HousingWire | YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ HousingWire Mortgage Banking Summit – October 1 More info about HousingWire Want more from Sarah? Don't forget to subscribe! The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices and get a deeper look behind the scenes of the top mortgage and real estate.

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PODCAST LAS NOTICIAS CON CALLE 12 de agosto de 2026 - La reunión de Sinón el hipócrita y traidor, Norma y Thomas y quiere una tacita de café - El Nuevo Día Norma Burgo ese va a ganar 168 mil como secretaria d ela gobernación - El Nuevo Día Paro de la AAA provocado por expresiones de la gobernadora - El Nuevo Día  Le recortan 24 millones al presupuesto de la UPR Proponen darle más dinero a notarios para venta de propiedades/hipotecas, constructores advierten de aumento de precio - El Nuevo Día Si estás esperando el momento perfecto para cambiar tu compañía celular o cambiar tu teléfono, ahora es que es. T-Mobile presenta NADA DE NADA. Eliminando los costos al momento de comprar un télefono nuevo. ¿Que significa eso? Que vas a pagar $0 hoy por tu celular. NADA. En serio. Sin impuestos, sin cargos y sin pronto para clientes elegibles. Ahora es más fácil que nunca, cámbiate en solo 15 minutos en el app de T-Life y recibe tu equipo el mismo día a través de Doordash.Escoge T-Mobile y disfruta de nada con la mejor red móvil en Puerto Rico, de nada.#tmobile #incluyeauspicio DRNA va contra los pozos ilegales en el sur de PR - Primera Hora  Crisis de agua llena de llamadas de salud mental a línea Pas - Primera Hora Piden aumento al precio del café - El Vocero Plantean bajar multas por Autoexpreso de 15 a 5 - El Vocero Fortaleza se distancia de jefe de recursos naturales sobre bajar presiones de agua - El Vocero Hutíes atacan más barcos, murieron 4 miembros de tripulación lo que distancia de negociaciones con Irán - Reuters Pierden los progresistas en Wisconsin y ganaron los moderados demócratas - Fox News Corea del Norte zumba misil balístico a zona donde USA, Corea del Sur y Japón harán ejercicios militares conjuntos - Reuters El crudo Brent tocó $90 el barril el martes y solo 6 barcos cruzaron el Estrecho de Hormuz (antes de la guerra con Irán pasaban más de 130 al día).Brasil, Guyana, Venezuela y Argentina dispararon producción de petróleo, 2.5 millones de barriles diarios - Semafor Terremoto en Colombia (7.4): más de 250 muertos. PR envía equipos JD Vance pidió a Ucrania dejar de bombardear tanqueros rusos por precio de combustible - FT Panamá está cobrando más billetes que nunca por cruzar el Canal - FTRivera Schatz y Norma ponen la agenda para los próximos meses en la Legislatura - Noticel LOS DATOS DEL DÍA Brent~$88.70/barril (+0.6%) · tocó $90 intradía WTI~$84.00/barril (+1.1%) Diésel (EEUU, prom. nac.)~$5.33/galón (elevado por la guerra) Gasolina (EEUU, AAA)~$3.48/galón S&P 5007,728.20 (−0.32%) Dow Jones53,791.85 (−0.34%) Bono 10 años~4.73% Euro/USD1.1533 Gas natural (Henry Hub)~$2.87/MMBtu Hipoteca 30 años6.69% (Freddie Mac) · 6.78% (mar)

The rise of non-Agency and equity lending reflects a fundamental shift in the borrower and economic landscape: record home equity, widespread sub-5 percent mortgage rates and the lock-in effect, high consumer debt, and a growing number of mortgage-free homeowners are driving demand for equity extraction that Fannie Mae and Freddie Mac often cannot accommodate, making adaptation increasingly essential for lenders. Robbie interviews Angel Oak's Tom Hutchens on the latest from the non-QM space. And the podcast closes with why the industry's most persistent sources of value creation haven't really changed: Secondary markets reward institutions for interpreting uncertainty more effectively, investors have lacked clarity (as opposed to lacking data), and every mortgage-backed security is ultimately a collection of assumptions about borrower behavior, prepayment incentives, housing markets, labor conditions, and interest rates.Thank you to Optimal Blue. Optimal Blue's Profitability Center unifies pricing, hedge performance, pipeline activity, profitability, and market intelligence into one personalized dashboard, giving mortgage lenders faster, more complete insights to make better capital markets decisions.Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discussed Ariel Property Advisors' Q2 2026 Multifamily Quarter in Review with Victor Sozio, Founding Partner, and Matt Swerdlow, Senior Director in Capital Services.The trio discussed the performance of the multifamily real estate market during the second quarter of 2022, including:Market Growth: The multifamily market totaled nearly $2.5 billion.Asset Class Performance:Free Market: This segment saw continued rent growth and strong investor competition. Manhattan and Brooklyn remain attractive for these types of assets.Rent Stabilized: This market faces significant struggles, with low trading volumes in outer boroughs like the Bronx, Queens, and Northern Manhattan. Factors contributing to this include a 0% rent increase, elevated interest rates and concerns regarding regulatory risks.Affordable Housing: Project-based Section 8 housing remains a premier asset class due to federal subsidies and stability. It represents about 10% of the overall transaction volume.Financing and Debt:For rent-stabilized assets, borrowers facing maturity are advised to engage lenders early to discuss potential modifications or extensions, as property values have changed significantly.Refinancing and acquisition financing remain available through agencies like Fannie Mae, Freddie Mac, and CMBS, with some deals achieving 70–75% loan-to-value ratios.Future Outlook: The speakers anticipate an active second half of the year, with a strong contract pipeline pointing toward sustained or increased transaction volume in the third and fourth quarters. Despite the challenges in the rent-stabilized sector, there is notable seller motivation to transact if debt-related issues can be resolved.Access the full report here.

Today we're talking about a change in the condominium market that has received surprisingly little attention.The question is not whether your condo is worth $300,000 or $500,000.The question is whether a buyer can get a mortgage on it.We saw this problem extensively in the wake of the 2008 financial crisis. There were condominium projects all over the country where individual owners stopped paying their mortgages. Many also stopped paying their condominium fees.As delinquencies increased, the financially healthy owners had to carry more of the burden.Fannie Mae still has rules addressing precisely this issue. Under its Full Review process, no more than 15 percent of the units can be 60 days or more delinquent on regular HOA assessments. The same 15 percent test applies to delinquency on special assessments. Fannie Mae announced in March that it is increasing the minimum replacement-reserve allocation under its Full Review process from 10 percent to 15 percent of annual budgeted assessment income. That new 15 percent standard becomes mandatory for loan applications dated January 4, 2027 or later.Fannie has also tightened the rules governing reserve studies. If an association is relying on a reserve study rather than the standard budget percentage, the lender must use the highest recommended reserve allocation in that study. The old baseline funding approach, where the reserve balance could essentially approach zero without going negative, can no longer be used to justify the exception. Those reserve-study changes became mandatory for applications dated August 3, 2026 or later.Freddie Mac has moved in the same general direction, although its current numerical budget requirement remains 10 percent rather than Fannie's announced 15 percent. Freddie has likewise eliminated use of the baseline funding methodology when a reserve study is being used as an exception. It also requires lenders to use the highest funding recommendation contained in the reserve study.Your condominium is no longer being underwritten merely as an individual piece of real estate.The lender is effectively underwriting your condominium association.--------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

The Appraiser Qualifications Board (AQB) has released its Second Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria—and if adopted, they could reshape the future of the appraisal profession. From reducing barriers to entry to rethinking long-standing qualification requirements, these proposals have sparked plenty of conversation across the industry.In this episode, Jeff Morley joins us to break down what's actually being proposed, why the AQB believes these changes are necessary, and what they could mean for aspiring appraisers and the profession as a whole. Whether you support the proposals or have concerns, this is a conversation every appraiser should hear.See the full exposure draft here: https://appraisalfoundation.sharefile.com/public/share/web-s39712a2b1f42469b91333e7714dcf860

Mike de Vere runs Zest AI, a company that has been applying machine learning to credit underwriting for over two decades, starting with some of the largest banks on the planet and now serving a large share of the credit union market. Since his last appearance on the show three years ago, Zest has expanded well past underwriting into fraud detection and portfolio management, tied together by an intelligence layer and a generative AI companion called LuLu. Mike makes a specific argument in this conversation: machine learning still makes the credit decision, generative AI makes the feedback loop faster, and the real advantage available to community financial institutions is a willingness to pool what they know.What We CoveredZest today, from underwriting to fraud to portfolio managementWhy the intelligence layer is what makes an ecosystemStarting with Discover, Citi and Freddie Mac, then moving down marketLuLu, named after a corgi, and what she actually doesSafety and soundness as the first use case for most institutionsReplacing quarterly reports that used to take weeksPeer benchmarking versus building your own data lakeCollective intelligence across 2,000 credit models in productionWhy generative AI has no role in making the credit decisionShrinking model refit cycles from 18 months to daily evaluationZest customers versus non-customers on growth, delinquency and efficiencyCash flow underwriting, and why generic national models failZest Protect and fighting AI-powered fraud with AIThe two objections that come up most in sales conversationsTakeaways from the IQ AI Lending Forum in Santa FeKey TakeawaysThe performance gap is measurable. Comparing Zest customers to non-customers across 2024 and 2025, Mike says his customers grew 16 times faster, ran roughly 20 points lower on delinquency, and were 501 basis points better on efficiency ratio.Generative AI belongs around the credit decision, not inside it. Zest still uses supervised, locked-down machine learning models for underwriting, because a regulator will ask you to explain the decision. What generative AI changes is the speed of evaluation, from an 18-month refit cycle to daily.Comparison is where the value sits. A lender looking only at its own data lake has visibility on itself and nothing else. LuLu is built to normalize performance data across institutions so a chief lending officer's instinct can be checked against thousands of real policy instances rather than one career's worth of experience.Community lenders have a structural advantage they underuse. The credit union industry holds roughly $2.4 trillion in assets. If it acted as one institution, it would be bigger than Wells Fargo, and unlike the big banks these institutions are actually willing to share.About Mike de VereMike de Vere is the CEO of Zest AI, the AI lending technology company that has been doing machine learning in credit since well before AI became a standard fintech conference track. He came to Zest from a career in data and consumer insights, with leadership roles at J.D. Power, The Harris Poll and Nielsen. Zest now touches $5.6 trillion in assets under management, and by the end of this year expects one in three credit union members to have their consumer loans decisioned with its technology.Connect with Fintech One-on-One:Tweet me @PeterRentonConnect with me on LinkedInFind previous Fintech One-on-One episodes

Buying a condo may have just become more complicated. New mortgage rules from Fannie Mae and Freddie Mac require lenders to take a closer look at a condominium association's finances, insurance coverage, reserve funding, and building condition before many loans can be approved. In this episode, Kathy Fettke explains what changed, why regulators implemented the new rules, and what condo buyers and real estate investors should know before making their next purchase.   Get your FREE out of state investing PDF at www.Realwealth.com/FiveQuestions.   Source: https://www.fastcompany.com/91584458/new-condo-mortgage-rules-could-mean-delays-denials-and-higher-costs

Keira D'Amato is, quite plainly, one of the best long distance runners in the world today. With PRs of 15:04 for 5k all the way up to 2:19:12 for the marathon and a 10-mile American record of 51:23 in between there, she's got some of the best range of any runner on the road. She is also a 4-time national champion. However, her path to these fast times and great success has not been what you might think. A multiple time NCAA All-American coming out of college, she found only limited success in round 1 of post collegiate running between being on and off of the track due to injury. In the ensuing 8 years or so, she experienced a winding career path from being a developer at Freddie Mac and working part time in IT to running her own DJing business and becoming a realtor. It wasn't until after giving birth to her second child that she returned to running just for fun and to get in shape not knowing the journey that would be ahead. One that is outlined in her memoir: Don't Call It a Comeback: What Happened When I Stopped Chasing PRs, and Started Chasing Happiness which we discuss in this podcast. Plus, find out what Keira's favorite joke is, how she bounces back from failure, and how she's unlocked a "boss level" mental approach to racing that we can all learn from.   Follow Keira: Instagram - @keiradamato X - @KeiraDAmato Website - https://keiradamato.com/   Follow Olivia: Instagram - @obaker64 X - @obaker64   Runners Who Read - https://bookclubs.com/runners-who-read-2/join/

UAD 3.6 is coming—and preparation goes far beyond learning new forms.In this special edition episode of the Appraisal Update Podcast, Jason Covington returns as host to sit down with Chris Williams, President of AIMSdashboard and National Coordinator for the UAD 3.6 Production Incubation Initiative. They discuss how the Initiative is helping appraisers gain real-world experience before the transition. They'll explore why it was created, the benefits of getting involved, and what appraisers, lenders, and AMCs can expect as the industry moves into the UAD 3.6 era.If you want to know how to prepare for what's next, this episode is a great place to start.Go to UAD36prod.com to learn more or join the initiative.

The latest news on mortgage rates — crucial for would-be buyers and sellers — is not great. According to Freddie Mac, the average interest on a 30-year fixed-rate mortgage edged up again last week to 6.66%. That puts the cost of borrowing to buy a home at the highest level we've seen in a year. We explain what's going on. Then, Google's AI summaries are leaving many publishers searching for new ways to reach customers.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:Mortgage rates just hit a one-year highGoogle's AI search is changing who gets web traffic

The latest news on mortgage rates — crucial for would-be buyers and sellers — is not great. According to Freddie Mac, the average interest on a 30-year fixed-rate mortgage edged up again last week to 6.66%. That puts the cost of borrowing to buy a home at the highest level we've seen in a year. We explain what's going on. Then, Google's AI summaries are leaving many publishers searching for new ways to reach customers.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:Google's AI search is changing who gets web traffic

Segment 1: Ilyce Glink, owner of Think Glink Media, and publisher of Love, Money + Real Estate on Substack, joins John to talk about Fannie Mae and Freddie Mac are implementing stricter condominium mortgage underwriting policies, and a new survey that shows nearly 9 in 10 agents believe buyers benefit from independent representation and access to every […]

Affordability. Access. Inventory. These words get thrown around constantly — but what do they actually mean for the families sitting in a financial literacy event in Atlanta wondering if they'll ever own a home? In this episode of Connect, California MBA CEO Paul Gigliotti sits down with Nora Guerra, Senior Vice President of Community Lending Solutions at Guild Mortgage, for one of the most inspiring and grounded conversations on affordable homeownership we've had on the show. Nora has spent her career — including time at Freddie Mac — focused on one mission: getting real information to real people so they can make one of the most important financial decisions of their lives. She's hosting over 50 financial literacy events across the country this year alone. This is what boots-on-the-ground advocacy looks like. In this episode: - Why the biggest myth holding buyers back is the belief they need 20% down — and how to dispel it - The power of comparing a PITI with MI payment to a rent payment — and the aha moments that follow - Why 19 years of renting could have been 19 years toward a paid-off mortgage - How HUD counselors are one of the most underutilized resources in the housing ecosystem — and how Nora deploys them at every event - Freddie Mac's free, multilingual Credit Smart financial literacy curriculum — and how to access it - Guild's Workforce Housing initiative: 22 teacher union partnerships and 11 programs that can help teachers live in the communities they serve - The Homium shared equity program: a 40% shared equity second with no monthly payment, already transforming Detroit - How Nora is inviting local politicians — from city council members to U.S. Senators — to her events and showing them the data firsthand - Why responsible access to credit and expanded access to credit are not opposing ideas - The generational opportunity: 50 million millennials who haven't bought yet, and Gen Z just entering the workforce Connect is the California MBA's podcast where strategy, innovation, and leadership come together to shape the future of mortgage finance. Subscribe for new episodes featuring the voices driving the industry forward.

PODCAST LAS NOTICIAS CON CALLE DE 31 DE JULIO - Aunque cabildeado por Politank gobierno dice que va a cancelarle el contrato a Physician Correccional - El Vocero Viene estado de emergencia el lunes por sequía - El Vocero Zar de Energía advierte que Genera no contestó y LUMA sí contestó requerimientos de explicar daños - El Vocero Justicia dice que fue un accidente la muerte de Cotto Cartagena - Jay Fonseca PR Gobernadora dice que tiene vergüenza ajena por falta de aumento de sueldo de policías, culpa a la Junta - El Vocero En la temporada de huracanes es vital tomar medidas para asegurar nuestra tranquilidad.Si tienes dudas, llama al 787-641-7171 Todos tienen una manera diferente de prepararse para un huracán.Lo importante es que lo hagan.Auspiciado por Universal, en nuestro servicio está la diferencia.#universal #incluyeauspicio Gobernadora dice que ahora sí va contra el impuesto de inventario - El Nuevo Día Fuera presidente de la Inter luego de que la Escuela de Optometría perder acreditación - El Nuevo Día 5800 maestros siguen esperando pagos de carrera magisterial - El Nuevo Día Fox News reporta asesinatos horrible en PR y familia busca ayuda para hacer investigación privada - El Nuevo Día  Científico boricua logra que asteroide lleve su nombre por sus logros de astronomía - El Nuevo Día Farmacéuticas ya casi no crean empleos - El Nuevo Día Múltiples muertos en zona española de Marruecos La guerra EEUU-Irán se expande — primer ataque con dron en Egipto (puerto de Damietta). Petróleo +20% en julio - Bloomberg Venezuela no se la pone fácil a empresas americanas para sacar petróleo donde ellas entienden que hay más billete - WSJTrump plantea acuerdo de paz con Hamas e Israel, Congreso no logra frenar guerra de Irán - Axios Google seca a los medios (−34% de tráfico). Afecta la supervivencia del periodismo local - Bloomberg LOS DATOS DEL DÍA (cierre 30 julio 2026) Brent~$90.04/barril (−0.8%) WTI~$83.89/barril · +20% en julio Diésel EEUU (retail)$5.31/galón S&P 5007,437.64 (+1.7%) Dow Jones52,208.06 (+1.2%) Bono 10 años4.69% Bono 30 años~5.24% (máx. desde 2007) Gas natural (Henry Hub)~$3.29/MMBtu Hipoteca 30 años6.66% (Freddie Mac

Nearly 50% of mortgages in the U.S. flow through Fannie Mae or Freddie Mac—but a push from the Trump Administration could sell shares of these government enterprises and put them in the hands of the public. The side effects could be significant to those getting or refinancing a mortgage—from interest rates to regulations.  Fannie Mae and Freddie Mac alone take up about half of the mortgage market. The reason you can get a 30-year loan, a lower interest rate, and do it all with standardized regulations is largely thanks to Fannie Mae and Freddie Mac. So, if these enterprises are sold on the private market with Freddie Mac and Fannie Mae IPO-ing, would it put so much privatized pressure on the mortgage market that it could begin to break? Today, we're getting into the major consequences from a sale of Fannie and Freddie—currently owned almost entirely by the government. With a $250B payday sitting in limbo, the government could be pushed to sell off the enterprises that enabled average Americans to buy houses. The question is, should it even happen? In This Episode We Cover The Fannie Mae and Freddie Mac IPO possibilities and the side effects it would have on mortgage rates and regulations  Why the government took over Fannie and Freddie and whether re-privatizing them will encourage these enterprises to do anything to profit The massive payday that could come out of a selective sale of Fannie and Freddie Pros and cons of a sale going through and whether Dave thinks it's a smart idea And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets Sign Up for the Investor Brief Newsletter Find Investor-Friendly Lenders How Privatizing Fannie Mae and Freddie Mac Could Have Seismic Impacts On Real Estate Dave's BiggerPockets Profile Grab Dave's Book, Real Estate by the Numbers Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and https://www.biggerpockets.com/blog/on-the-market-447. Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

The profitability of Fannie Mae and Freddie Mac are the opening topic on today's podcast. Plus, Robbie interviews ALTA's Chris Morton on first-quarter title insurance premiums, and the industry's preventative role in resolving title defects before closing as a form of reducing long-term underwriting risk. And we close with the how markets are reacting to the Fed holding rates steady and Chair Warsh's lack of information given during his news conference.Sponsored by Experian Verify, which provides mortgage lenders with automated income, employment, identity, and asset verification solutions that help accelerate underwriting while reducing fraud risk and manual documentation.The Chrisman Commentary is your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.

If you own a condo or work in real estate, this episode is a must listen. We discuss the latest changes to Fannie Mae and Freddie Mac guidelines. If you do not follow these new guides your condo could be deemed “unwarrantable” as early as this fall. In this episode, Cea Brackett, Condo Dept Underwriting Manager at Northpoint Mortgage, shares insight into the new condo rules and the condo underwriting process. If you're a homeowner, homebuyer, Realtor, or work in real estate, you'll walk away with practical tips to help avoid costly mistakes and navigate the process with confidence.

You saw the viral video about a $250 mortgage trick that drops your monthly payment by $500. You called your lender to set it up on your rental property. They told you no. Then they hung up. Every loan on your portfolio was disqualified from the recast. Nobody told you why.In this episode, Ryan breaks down exactly why the mortgage recasting trick does not work on rental property loans. Recasting is a conventional loan feature governed by the guidelines of Fannie Mae and Freddie Mac. DSCR loans, non-QM loans, bank statement loans, and portfolio loans do not follow those rules. Most do not offer recasting at all. If your broker mostly does owner-occupied loans, they are giving you conventional advice on a non-QM loan, and it is costing you.He walks through the four things you CAN do: principal curtailment with a payoff strategy, strategic refinance when the math supports it, interest-only restructures for narrow cases, and the rate buy-down move at your next refinance that permanently reduces your payment better than any recast.The episode closes with the framework rule and portfolio audit process every landlord should run this week: pull your loan statements, list every rental loan by rate, balance, payment, and loan type, then rank them from worst to best.The recasting video was designed for a homeowner with one mortgage on their primary residence. You are a landlord with a portfolio. The playbook is different.

PODCAST LAS NOTICIAS CON CALLE DE 28 DE JULIO - 1200 millones menos entre fondos federales y presupuesto de PR para el próximo año fiscal - El Vocero Trump dice estar impresionado con Zelesnky y su capacidad militar - WSJHoy se reúne Trump con Netanyahu en la visita del primer ministro - NYTLa Fed decide mañana: ¿y si SUBE las tasas?Un momento para WindMar Home — la empresa con más de 20 años protegiendo los hogares puertorriqueños.Solar para bajar tu factura. Techo para proteger tu inversión. Agua para que nunca te quedes sin — especialmente con las sequías que se aproximan. Y batería para total independencia energética.Todo bajo una misma empresa. Un solo llamado. Llama al 787-489-1155 o visita windmarhome.comWindMar Home — los que se preparan hoy , duermen tranquilos mañana.#incluyeauspicio#windmarhome  Trump va a la Corte Suprema para impedir el voto por correo - CNNRacionamiento inminente en Carraízo y sus clientes - El Vocero Investigan casos de hospital por agua asquerosa - Primera Hora CRIM busca dueños de 55 mil propiedades que no aparecen - El Nuevo Dia Fonalledas apoyan a Jenniffer y dice que le dan la bienvenida a las primarias - El Vocero Alegan que Cosculluela llamó a joven para amenazarla por estar con otros tipos y la amenazó con matar a su familia - El Vocero Viva la ley de plásticos de un solo uso y todavía investigan si la van a implementar o no - El Vocero No sabemos qué hacer con el sargazo en PR - Primera Hora Alcaldes defienden cobro de impuestos a fondos federales - El Nuevo Día Menos protección para animales en peligro de extinción - El Nuevo Día No cuadran los números del fondo de desempleo, aparenta haber montones de fraudes - El Nuevo Día Entidades falsas creando estudiantes fatuos para cobrar becas Pell - El Nuevo Día Juramenta nueva presidenta hoy en Perú. Keiko Fujimori y la derecha conquista Latinoamérica - El Nuevo Día Trump quiere que MAHA le meta mano a eliminar las vacunas para niños - WSJEl SAVE Act no tiene los 60 votos, Trump exige aprobarlo sí o sí - Punchbowl News PR importó $3,254 millones en genéricos en 2025, por lo que los aranceles le darán oportunidad y tumbe a la vez -  LOS DATOS DEL DÍA (cierre lunes 27 jul) Brent≈ $83/barril · cae fuerte por pausa Irán-EEUU Diésel (retail EEUU)a la baja siguiendo al crudo (dato aprox.) S&P 5007,413.18 · +0.02% Dow Jones52,210.08 · +0.51% Nasdaq24,932.08 · -0.18% Bono 10 años≈ 4.65% Euro/USD1.1397 Gas natural$2.72/MMBtu · -1.75% Hipoteca 30 años6.58% (Freddie Mac) / ~6.75% (Bankrate)

"Either you can fight a slowing economy or you can fight inflation. You can't do both at the same time."   On May 15th, Kevin Warsh replaces Jerome Powell as chairman of the Federal Reserve Bank and President Trump has made clear he would only appoint someone willing to cut interest rates. The immediate story is mortgage rates and housing affordability. The deeper story is a $39 trillion national debt crisis, a government spending $2 trillion more than it collects every year, and a playbook last used after World War II to inflate away the debt without paying it back.   Jaspreet Singh breaks down how financial repression worked between 1946 and 1974. Cutting rates below inflation to let the government borrow for free, growing the economy faster than the debt, and making savers poorer in the process, and why the conditions today look strikingly similar.   In this episode, you'll learn: How a drop in mortgage rates from 7% to 4.5% saves a homeowner over $600 a month and why Trump is already moving without the Fed, demanding Fannie Mae and Freddie Mac buy $200 billion in mortgage-backed securities to push rates lower now How the 1946–1974 financial repression worked: the government kept interest rates artificially below inflation, pressured institutions to lend to the government at a loss, and grew the debt-to-GDP ratio from 121% down to 25%  Why today's situation is worse than post-WWII: the current debt-to-GDP ratio sits around 130%, interest payments already consume 20 cents of every tax dollar collected, and cutting rates would save the government hundreds of billions annually in interest Five investment categories to watch if this plays out: real estate ETFs (VNQ, XHB, ITB), gold as an inflation hedge (GLD), inflation-protected treasuries (SCHP), broad U.S. market exposure (SPY), and international diversification through developed (VEA) or emerging markets (VWO)   Keywords: Federal Reserve, Kevin Warsh, mortgage rates, financial repression, national debt, inflation hedge, interest rates, housing market, S&P 500, gold investing     Want more financial news? Join Market Briefs, my free daily financial newsletter: https://link2.briefs.co/gie Below are my recommended tools! Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or podcast). ---------- ➤ Invest In Stocks Passively 1) M1 Finance - Buy stocks & ETFs automatically: https://theminoritymindset.com/m1 ---------- ➤ Life Insurance 2) Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) Fundrise - Invest in real estate with as little as $10! https://theminoritymindset.com/fundrise ----------

P.M. Edition for July 23. The U.S. plans to impose new tariffs on most trade partners, replacing President Trump's temporary global 10% tariff. Plus, the threat of escalating conflict in the Middle East drove oil prices over $100, and concerns around higher inflation made bond yields surge. WSJ markets reporter Sam Goldfarb discusses how that ripples through the economy. Meanwhile, heavy AI spending from Alphabet and Tesla spooked investors, and the Nasdaq dropped more than 2%. And after IBM issued a rare profit warning last week, the company's earnings shed more light on what went wrong. We hear from reporter Anissa Gardizy about where its business goes from here, while tech columnist Christopher Mims spoke with IBM CEO Arvind Krishna. Alex Ossola hosts. Correction: New U.S. tariffs target 60 economies, or more than 80 countries. An earlier version of this podcast incorrectly said the tariffs target 60 countries. (Corrected on July 24.) Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today, we talk with a company that has reached a major milestone, earning UAD 3.6 verification from both Fannie Mae and Freddie Mac. Humza Ahmed, Founder and CEO of Automax.ai, returns to the Buzzcast to discuss what the verification process involved, how Automax's AI-powered workflow was built for UAD 3.6 with the appraiser in mind, and why he believes technology can help us tackle growing capacity challenges without replacing human judgment. Find out where appraisal technology is headed next.At The Appraisal Buzzcast, we host weekly episodes with leaders and experts in the appraisal industry about current events and relevant topics in our field. Subscribe and turn on notifications to catch our episode premieres every Wednesday!You can find the video version of this podcast at http://www.youtube.com/@TheAppraisalBuzzcast or head to https://appraisalbuzz.com for our breaking news and written articles. 

PODCAST LAS NOTICIAS CON CALLE DE 20 DE JULIO -  Reunión emergencia entre JGo y su equipo de Fortaleza durante el día de hoy - WUNO Avería en Costa sur por dos semanas deja en problemas sistema energético - Primera Hora Petróleo se trepó otra vez a un mes tras ataques y muertes de soldados - Oil Price Rusia disparó misiles balísticos como no había hecho desde el comienzo de la guerra en la capital - AlJazeera 71% de boricuas de la diáspora favorece la estadidad según encuesta, 68% de los hispanos en general - El Diario NY Alegan que Mamdani considera arrestar a Netanyahu cuando vaya a New York este año - NYPost MMM hoy voy pa Martins BBQEl mejor y más sabroso pollo asado a la varita de Puerto Rico. Cocinando diariamente comida fresca saludable y sabrosa con un montón de complementos para escoger, arroces, habichuelas, verduras, mofongo,tostones,....MMMM....Esto si es criolloMartins BBQ, TOMANDO todas las medidas de salud y sabor para mantener la mesa boricua al dia con opciones para llamar, recoger o delivery por UBER Eats, y DoorDash.MMM Hoy como en Martin's BBQAsado...Jugoso...Sabroso#martinsbbq#incluyeauspicioSe dobla la cantidad de fondos Medicaid - El Vocero Josué Colón responsabiliza a LUMA por fallas de Genera - El Vocero Yovngchimi pide le devuelvan la cadera de oro - El Vocero Cuesta 40 millones evitar la erosión para que caiga el Paseo Lineal de Puerta de Tierra - El Vocero Pablo José propone enmendar la Constitución para referendo revocatorio, segunda vuelta y elecciones por posiciones - Primera Hora Mujer perdió 1,300 billetes por ayudar a Keanu Reeves, sujeto muere por desafío de aguantar respiración bajo el agua, caen varios con rentas de casas de lujo con depósito inmediato - Primera Hora Contrato de generación temporera vuelve a la negociación - El Nuevo Día GENERA podría ser multada por no acabar de poner la generación temporera que lleva casi dos años de atraso - El Nuevo Día Todavía hay problemas de plomo en residencial en Vega Baja - El Nuevo Día Junta culpa a AAFAF por falta de arreglar sistema de energía por fondo rotatorio no tener reglamento, AAFAF culpa a LUMA - El Nuevo Día Sigue inoperante hospital de Vieques y muere ciclista por falta de llegar equipos - El Nuevo Día Cancelacion de destaques en venganza dice Rivera Schatz - El Nuevo Día Junta advierte que hay 20 millones asignados a alcaldes por Legislatura - Metro Mafia institucional en Hacienda no logró nada en PR, pero sí casos federales - Noticel El petróleo Brent rompió los $90 y la gasolina en EEUU regresó sobre $4/galónLOS DATOS DEL DÍA (cierre viernes 17 jul — los mercados de EEUU no abren fin de semana)Brent$88.10/barril (+4.6% vie) · rompió $90 el fin de semanaWTI~$82/barrilDiésel PR (retail)~$1.23–$1.32/litro (DACO, 18 jul)Gasolina PR (regular)~$1.05–$1.10/litroS&P 5007,457.69 (−1.0%)Dow Jones52,146.42 (−0.8%, −406 pts)Nasdaq25,520.24 (−1.4%)Bono 10 años4.55%Euro/USD1.1440Gas natural$2.91/MMBtuHipoteca 30 años6.55% (Freddie Mac)

Just how much input lenders have into Freddie Mac and Fannie Mae's activities is how today's podcast kicks off. Robbie then interviews the Institutional Risk Analyst's Chris Whalen on the fallout from the Two Harbors servicing deal, further consolidation in the mortgage industry, and dominos to fall as companies race to grab market share. And the episode closes with a look ahead to this week's economic calendar. Thank you to JazzX, the first true end-to-end AI platform built for mortgage. From application to underwriting, JazzX is a new operating model that helps you scale growth, boost productivity, and transform how your team performs.The Chrisman Commentary is your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.

Insurance can make or break a multifamily deal, especially when markets are volatile, lender requirements are tightening, and prior claims can affect pricing for years. In this episode of the Real Estate Investor Podcast, Gary Lipsky sits down with Ryan Thomas, a commercial insurance advisor specializing in multifamily real estate, to discuss what investors need to know before buying, refinancing, or renewing coverage. Ryan explains what has changed in the commercial insurance market, why the property market is softening, and why liability coverage is becoming harder to navigate. He breaks down how Fannie Mae and Freddie Mac requirements are affecting coverage for claims, why some investors may face large retainers, and how lender requirements can create challenges. Ryan shares why working with an experienced broker matters, how underwriter relationships can influence outcomes, and how a master policy can help investors manage coverage across a portfolio. Tune in to learn how to get ahead of insurance issues before they become problems with Ryan Thomas.Key Points From This Episode:Background about Ryan and how he became a commercial insurance advisor.What has changed in the insurance market for acquisitions and refinances.Discover why Arizona remains a more favorable insurance market than other states.Understand how agency requirements are affecting coverage.Uncover what smaller investors need to consider before using agency debt.Explore how prior claims and five-year loss runs can impact insurance pricing.Hear why a strong insurance broker can make a major difference during acquisitions.Find out what investors should review before making an offer.Learn the difference between admitted and non-admitted insurance carriers.Unpack the role of broker commissions, fees, and underwriter relationships.How master policies work and why they can benefit multifamily portfolios.Advice on what investors should look for when choosing an insurance broker.Links Mentioned in Today's Episode:Arcstone Insurance AdvisorsEmail Ryan Thomas Call Ryan ThomasFannie MaeFreddie Mac Asset Management Mastery Facebook Group Invest SmartBreak of Day Capital Break of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedIn

META's stock surged last week, but investors shouldn't ignore the risks. Meta shares climbed last week as Wall Street became increasingly optimistic about the company's AI strategy. The stock was up about15% for the week and erased the year-to-date losses. Investors are betting that Meta's enormous spending on AI infrastructure, custom chips, top engineering talent, and next-generation models will lead to faster revenue growth, stronger advertising tools, and new revenue streams over the next several years. The market clearly believes Meta has positioned itself as one of the leaders in the AI race. But while investors were celebrating, Europe reminded everyone that even great companies face meaningful risks. The European Commission announced preliminary findings that Facebook and Instagram may violate the Digital Services Act because of what regulators call "addictive design" features, including infinite scrolling, autoplay videos, and recommendation algorithms that encourage users to stay engaged for longer periods. If the findings become final and Meta does not make sufficient changes, the company could face fines of up to 6% of its global annual revenue, along with potential changes to how its platforms operate across Europe. Meta has disputed the findings and says it has already implemented significant protections for younger users. This could amount to a fine of around $12 B, but the bigger problem I see is a potential hit to ad revenue if they must change their business practices. Europe is an important part of their business considering it accounts for about 23% of overall company sales. We also can't forget the legal liability Meta is facing in the United States, which could ultimately total as much as $1.4 trillion. That number may sound shocking, but it stems from multiple lawsuits brought by numerous states and plaintiffs. The first major cases are scheduled to go to trial in August, with California, Colorado, New Jersey, and Kentucky leading the way. The lawsuits allege deceptive business practices, and potential penalties range from $2,000 to $20,000 per violation. Given Meta's massive user base, those fines could accumulate rapidly if the courts rule against the company. Beyond civil penalties, the states are also seeking disgorgement of profits, which would require Meta to surrender profits earned from the alleged misconduct during the relevant period. If Meta performs poorly in these initial cases, another 25 states have similar lawsuits waiting in the wings, significantly increasing the company's legal exposure. There are already signs that these legal challenges carry real financial risk. New Mexico recently won a $375 million judgment against Meta, and a separate federal trial is scheduled to begin early next year. The AI opportunity is also far from guaranteed. Today, investors are rewarding companies that appear to be winning the AI race, but the competitive landscape is becoming more crowded every quarter. OpenAI, Anthropic, Google, Microsoft, xAI, and others are investing billions of dollars to develop better models and attract developers. Meta has responded aggressively by spending heavily on infrastructure and recruiting top AI researchers, but there is no guarantee those investments will generate returns that justify the enormous capital being deployed. A big problem is today's leader in AI can quickly become tomorrow's follower if innovation slows. I also believe that all of these companies will not succeed in this space, which will mean enormous amounts of wasted capital for the losers. Wall Street seemed to be focused almost entirely on Meta's AI upside last week, and that optimism may continue to drive the stock higher. But investors should remember that valuation is increasingly dependent on AI execution while regulatory scrutiny remains elevated. If AI spending fails to produce the expected returns or regulators force changes that weaken engagement, today's bullish narrative could change quickly. Meta remains one of the strongest companies in technology, but even great businesses are not risk-free. As investors, it's important to weigh both the opportunities and the risks, not just the headlines driving the stock higher today.   The spring home sales season disappointed in June The spring home-selling season ended on a disappointing note. Through May, existing home sales had been showing signs of improvement, and many real estate professionals were becoming more optimistic about the housing market. However, June's data told a different story. The conflict involving Iran contributed to higher inflation expectations and pushed mortgage rates higher, weighing on buyer demand. Existing home sales fell 2.4% in June to a seasonally adjusted annual rate of 4.09 million homes, well below economists' expectations for a 0.7% increase. Despite the monthly decline, the longer-term trend remains somewhat more encouraging. Existing home sales were still up 2.8% compared with a year ago, suggesting that underlying demand has not disappeared. There continues to be pent-up demand from prospective buyers, but many seem unwilling to make such a large financial commitment while borrowing costs remain elevated, even as housing inventory continues to improve According to Freddie Mac, the average 30-year fixed mortgage rate was 6.43% last week. If mortgage rates remain near these levels, many prospective homebuyers may continue to delay their purchases, preventing a stronger recovery in the housing market.   Another Hidden Cost of AI: Steel Most people know that the AI buildout has driven up demand for advanced computer chips, contributing to higher prices for smartphones, laptops, and other electronics. They also know that AI data centers require enormous amounts of electricity, putting upward pressure on utility rates as more power is diverted to support AI infrastructure. But there's another cost that receives far less attention: steel. Steel is a critical component of every data center. Industry estimates suggest that new data centers will consume roughly 1 million tons of steel annually, representing approximately $1.4 billion in demand. Steel is used throughout these facilities from the structural columns, roof joists, and roof decking to the server racks that house thousands of AI processors. This growing demand has ripple effects throughout the economy. Higher steel demand can contribute to increased costs for automobiles, household appliances, commercial buildings, bridges, and countless other products that rely on steel. The impact doesn't stop there. Steel production is one of the most energy-intensive manufacturing processes. A single electric furnace steel mill can consume anywhere from around 50 to 200 megawatts of electricity per day, competing for the same power resources as AI data centers. As both industries demand more electricity, utilities face increasing pressure to expand generating capacity. Ultimately, who pays for that increased demand? The answer is often the consumer. Higher electricity demand can translate into higher utility bills for households and businesses as utilities invest in additional generation and transmission infrastructure. In regions where electricity supply is already tight, the competition for power is becoming even more apparent. For example, PJM Interconnection, the nation's largest regional transmission organization, plans to begin conducting supplemental power auctions with electricity generators in September to help secure additional supply. Auctions reward the highest bidders, meaning electricity increasingly flows to those willing to pay the most. As large industrial users and AI data centers bid aggressively for power, consumers could face higher electricity prices if supply fails to keep pace with demand. AI will likely bring enormous productivity gains and economic benefits over the long run. However, it is also creating secondary inflationary pressures that extend well beyond semiconductors. Steel, electricity, construction materials, and other critical inputs are all experiencing increased demand, and those costs eventually work their way through the economy. As the AI revolution accelerates, these indirect costs are likely to become an increasingly important part of the inflation story.   Inflation Is Cooling... But Don't Pop the Champagne Yet The latest CPI report was another encouraging sign that inflation is moving in the right direction. Headline CPI declined 0.4% in June, marking the largest monthly drop since 2020, while the annual inflation rate slowed to 3.5% from 4.2% in May. Core inflation, which excludes food and energy, was flat on the month and eased to 2.6% year over year. Much of the improvement was driven by a sharp decline in gasoline and broader energy prices. While this is welcome news, I'd caution against declaring victory over inflation. One of the biggest challenges with inflation is that it doesn't always show up in the headline numbers immediately. It often works its way through the economy in waves, especially when it comes to energy. A good example is my own pool service. My pool guy recently raised his prices, likely for two reasons: higher chemical costs and the increased cost of driving from house to house. Those are both directly tied to energy markets. Even if gasoline prices temporarily fall and help bring down CPI for a month, businesses often adjust prices more slowly because they have to account for prior cost increases and the uncertainty of where energy prices are headed next. That's why I think investors should remain cautious. The recent improvement in inflation was helped significantly by lower oil and gasoline prices following a temporary easing in geopolitical tensions. But with conflict in the Middle East once again threatening energy supplies and oil prices recently moving higher, that relief could prove short-lived. The trend is encouraging, and the Federal Reserve will certainly welcome softer inflation data. But as long as energy prices remain vulnerable to geopolitical events, inflation is likely to remain unpredictable. Businesses from manufacturers to small local service providers will likely continue to pass along higher input costs whenever they have to. One softer CPI report is good news. But sustained price stability will likely require a concrete outcome in the Middle East and more stability in the energy market. While again we welcome the positive news in this CPI report, the conversation around in inflation and what to do with interest rates will continue with the ongoing developments in Iran.   Higher Gas Prices Aren't Stopping the American Consumer If you were looking for evidence that higher gas prices are slowing down the American consumer, the latest retail sales report doesn't provide much support. The headline number was relatively modest, with retail and food services sales increasing 0.2% from May. But the year-over-year numbers tell a much stronger story. Total retail and food services sales were up 6.7% from June of last year. Even if you exclude gas stations, which saw an increase of 19.8%, retail sales still grew at an impressive rate of 5.7%. More importantly, when you look across the major spending categories, not a single major category declined year over year. Furniture and home furnishing stores was the only major category that was flat compared to last year, but again it wasn't negative! Some of the strongest performers included non-store retailers, which primarily includes online shopping, increased 14.2%. Electronics and appliance stores were up 8.6%, while clothing and clothing accessories increased by 4.8%. Building materials and garden equipment stores were up 3.5% One of the more interesting data points is that Americans are still spending money at restaurants and bars. Food services and drinking places were up 3.8% year over year, showing that consumers continue to spend on experiences and dining out despite higher costs and concerns about the economy. The big takeaway is that the consumer remains remarkably resilient. Yes, higher gas prices can eventually put pressure on household budgets. But so far, consumers have continued to spend across virtually every major category. The year-over-year numbers show broad-based growth, not just spending concentrated in one or two areas. The consumer may be under pressure, but they are clearly not out of the game yet.   Financial Planning: What's Next for Social Security The Social Security Trustees' most recent solvency report highlights the need for Congress to address the program's long-term funding shortfall. Under current projections, the retirement trust fund is expected to be depleted in 2032, at which point ongoing payroll tax revenue would be sufficient to pay only about 78% of scheduled benefits unless legislative changes are made. Importantly, this does not mean Social Security will become insolvent or stop paying benefits, it means benefits would be reduced if Congress takes no action. While no specific legislation has emerged, many policy experts expect Congress to adopt a combination of gradual reforms rather than a single sweeping change. Potential solutions include increasing the Social Security payroll tax rate from 6.2%, raising or eliminating the taxable wage cap from $184,500, increasing the full retirement age from 67 for younger workers, and slowing future benefit growth for higher-income retirees. Historically, when Congress has made changes to Social Security, it has phased them in over many years, and most proposals would leave current retirees and those approaching retirement largely unaffected. As a result, individuals already receiving benefits or those within roughly the next decade of retirement are generally expected to experience little or no change, with the majority of reforms likely to apply to younger generations who have more time to prepare.   Companies Discussed: Nike, Inc. (Ticker: NKE)  

What keeps appraisers coming back to Las Vegas year after year? In this episode, Bryan takes you on a behind-the-scenes tour of the Trade Show floor at Valuation Expo, and chats with attendees—both veterans and newbies—about what makes these conferences worth the trip. From networking and continuing education to unexpected conversations that spark new ideas (and create new clients), these events have become can't-miss gatherings for everyone in the appraisal space.TAKE YOUR PICK (or come to BOTH): Valuation Expo 2026, August 16th-20th: https://www.valuationexpo.com/The Appraisal Summit, Oct. 31st-Nov. 3rd: https://www.appraisalsummit.net/

PODCAST LAS NOTICIAS CON CALLE DE 13 DE JULIO - Dos muertes violentas por día ocurren en PR - El Nuevo Día Gobierno de PR anuncia que lograron fondos para extender tren urbano hasta aeropuerto - El Nuevo Día Juan Dalmau vuelve a correr para la gobernación, dice tiene alianza más grande que la anterior - El Nuevo Día Expertos dicen que VSJ podría perder protección de la UNESCO por proyectos de reconstrucción de zona - El Vocero Videos de agresores sexuales españoles contra 2 jóvenes boricuas - El Vocero Gobernadora confía en Francisco Domenech - El Nuevo Día El mejor y más sabroso pollo asado a la varita de Puerto Rico. Cocinando diariamente comida fresca saludable y sabrosa con un montón de complementos para escoger, arroces, habichuelas, verduras, mofongo,tostones,....MMMM....Esto si es criolloMartins BBQ, TOMANDO todas las medidas de salud y sabor para mantener la mesa boricua al dia con opciones para llamar, recoger o delivery por UBER Eats, y DoorDash.MMM Hoy como en Martin's BBQAsado...Jugoso...Sabroso#martisbbq#incluyeauspicio AAA encuentra 5 averías adicionales al sistema de agua en San Juan - El Vocero 110 días sin agua en Santurce, les llegó y volvió a irse el domingo - El Nuevo Día Cancelan licencia a centro de cuidado que llevó en ritual a viejita al sótano - WAPA Hasta el 2027 no sabremos si los federales nos van a dar dinero de Medicaid - El Nuevo Día Se murió Lindsey Graham quiera era un defensor total de Israel, Ucrania, contra Irán y contra estadidad de PR - NYT Condómines cambian seguros a nivel individual de full valué a bare wall - El Vocero Dejan un año preso a joven que obviamente es paciente de salud mental - El Nuevo Día 141 viviendas dejadas a su suerte en Ceiba aunque están en buen estado, pleito en los tribunales - El Nuevo Dia Alcaldes van a Washington a pelear porque los costos ahora son más altos de los fondos asignados antes - El Vocero Tratamiento boricua disminuye el progreso del cáncer de mama - El Nuevo Día 88% de las playas tienen obstáculos de entrada en el oeste - El Nuevo Día Comunidades de PR no están listas para un evento catastrófico - Primera HoraHan muerto sobre 10 mil personas más de lo normal en Europa por exceso de calor - Reuters Van a reembolsarle gastos obstétricos a médicos tras nacimientos de bebés para evitar mortalidad infantil elevada en USA - Axios La mayoría quiere que se obligue a presentar prueba de ciudadanía para poder votar en USA - SemaforEvalúan el impacto económico de cierre de colegios en PR - El Vocero Hijos de Trump invirtieron en empresas que luego obtuvieron 3 billones en contratos con el gobierno - Washington Post Marco Rubio es el verdadero líder de Venezuela y el verdadero gobierno lo corre Estado de USA - NYT La mega demanda de Apple contra ChatGPT por robo de secretos de negocios - Semafor  LOS DATOS DEL DÍA (cierre viernes 10 jul; mercados EEUU cerrados sáb/dom) Brent~$76 (cierre vie) → ~$79-80 fin de semana (+~4%) Diésel/gasolina PRpresión al alza (DACO, datos 3 jul; monitorear) S&P 5007,575.39 (+0.42%) Dow Jones52,637.01 (+0.29%) Bono 10 años4.56% Euro/USD1.143 Gas natural$3.07/MMBtu Hipoteca 30 años6.49% (Freddie Mac) / ~6.72% diario

Credit scoring is one of the most consequential — and least understood — topics in mortgage right now. And it's moving fast. In this episode of Connect, California MBA CEO Paul Gigliotti sits down with Devin Norales, Head of Mortgage and Capital Markets at FICO, for a deep-dive conversation on credit score modernization, FICO 10T, and what it means for lenders, originators, capital markets professionals, and the borrowers they serve. FICO is used by 90% of top US lenders and remains the standard for consumer credit risk. And now — with Fannie Mae and Freddie Mac releasing more than a decade of loan-level FICO 10T data — the industry is finally positioned to take the next step toward adopting the most predictive credit scoring model ever built. In this episode: - What FICO 10T actually is — and what the "T" stands for (trended data) - Why 10T is a video, not a photo — and what that means for how lenders see borrower credit behavior - How 24 months of trended history changes the picture for borrowers who manage credit well but look risky at a single point in time - The rental data question: only 3.5 million of 77 million renters have data furnished to credit bureaus — and what FICO is doing about it - Improved treatment of authorized users, medical collections under $500, and what's new vs. classic FICO - FICO 10T for Free: the program already running with 70+ lenders that lets them receive 10T alongside their classic score at no extra cost - Why the VA space and non-QM are the first places lenders can start using 10T right now - How 10T can sharpen MSR pricing grids and improve secondary market execution - Why both scoring models should be implemented at the same time — and what chaos looks like if they aren't - What policymakers need to understand about credit modernization before layering on new regulation Connect is the California MBA's podcast where strategy, innovation, and leadership come together to shape the future of mortgage industry. Subscribe for new episodes featuring the voices driving the mortgage industry forward.

Episode 661 Ready to bring more value to your real estate agent relationships? Visit MMADemo.com to see how our National Agent Mastermind gives members a proven reason to start more conversations every month. Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White. In this episode, Carl White sits down with Jim Reed to unpack a surprising Freddie Mac statistic that challenges one of the biggest myths circulating in the mortgage industry today. While some claim that building relationships with real estate agents is no longer necessary, Carl explains why the data tells a completely different story and why the highest producing loan officers continue to prioritize agent partnerships. Carl and Jim discuss how 76% of buyers use the lender recommended by their real estate agent, and why that number jumps to an incredible 87% among top producing agents. They explain why chasing shortcuts and avoiding agent outreach often leads loan officers toward lower quality lead sources, while consistent relationship building continues to produce the strongest long-term results. Throughout the conversation, they break down the simple math behind building a six figure increase in annual income by consistently reaching out to qualified real estate agents. Carl shares practical prospecting benchmarks, explains the importance of setting realistic expectations using the proven "10-3-1" sales framework, and shows why one meaningful conversation a day can completely transform a loan officer's business over time. They also discuss how successful meetings with referral partners are built around curiosity instead of sales pitches, why asking thoughtful questions creates stronger relationships, and why authentic conversations consistently outperform polished presentations. Along the way, Carl introduces a collection of his favorite relationship-building questions that have helped him connect with referral partners for decades. If you've ever wondered whether pursuing real estate agent relationships is still worth your time, this episode delivers practical data, proven strategies, and a clear roadmap for building referral partnerships that generate more conversations, more referrals, and more loans.

Keith breaks down five major mortgage myths, including the belief that today's mortgage rates are unusually high, that the Fed directly sets them, and that rising rates automatically push home prices down.  Drawing on historical patterns, he explains why mortgage rates and home prices often move together, and why waiting on the sidelines for "better" rates can quietly erode your long-term wealth.  Keith also explains how inflation can benefit borrowers by shrinking the real burden of fixed-rate debt and shows how leveraged real estate can outperform traditional stock investing.  He ties these insights into today's K-shaped economy and the growing role of AI, and explains how strategic action and the right guidance can help position investors on the winning side of these trends. Episode Page: GetRichEducation.com/613 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Unlock truly passive real estate income—visit flockhomes.com/GRE today to see if your properties qualify for a 721 exchange with Flock Homes. To get in the best physical, mental, and professional shape of your life, go to DanielThomasHind.com and apply for Daniel's intensive 1-on-1 coaching for burnt-out entrepreneurs and executives. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host, Keith Weinhold. There are myriad misunderstandings about mortgages. I dispel the myths and discuss the expected mortgage rate level in 2030 You will know more about mortgages than 99% of people today on Get Rich education, you know, Mid South Home Buyers, that top Memphis turnkey provider. I learned that a secret weapon behind their explosive growth is more than just you buying their properties, it's an executive coach. For nine years now, their CEO, Terry Kerr, and his COO, Pat Nix, have worked privately with a coach who I've now learned from too, and he doesn't market himself online anywhere. After 12 years behind the scenes, that coach is now making himself available exclusively for GRE listeners. His name is Daniel Thomas Hind. If you're a hard-charging business owner or investor who wants to get in the best shape of your life, physically, mentally, and professionally. You can fill out an application for a free consult. This is private one on one coaching for those willing to go to uncommon lengths to achieve uncommon results. Thanks to Daniel, we've all become better leaders, better operators, and better men. It started by showing up for ourselves. Now it's your turn. Go to danielthomashind.com H I N D, that's Daniel Thomas hind.com and sign up before Spotsville. What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group, NMLS 42056 they provided GRE listeners with more loans than anyone, because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your pre-qual, and even chat directly with President Caeli Ridge, while it's on your mind, start at ridgelendinggroup.com that's ridgelendinggroup.com   Keith Weinhold  2:07   Flock Homes helps multifamily owners exit the operator grind, whether it's your six plex or a 50 unit apartment, through a 721 exchange. This defers your capital gains tax. It's a strategy long used by institutions. Now you can swap tenants and toilets for passive income and zero management. Request your initial valuations. See if your property qualifies at flockhomes.com/gre That's F L O C K homes.com/G R E.   Speaker 1  2:40   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  2:56   Welcome to GRE, from Keene, New Hampshire, to Kenai, Alaska, and across 188 nations worldwide, I'm Keith Weinholding. You're listening to Get Rich Education. Everybody knows that a mortgage rate is the interest rate that a borrower pays on a property loan. Okay, sure, that part is easy. And then, oh boy, the misunderstandings begin about eight seconds later, where will mortgage rates be in 2030 I want to tell you about this and more, because mortgage rates are one of the most talked about parts of real estate, and people discuss them with this confidence and bravado of a guy at a semi quincentennial barbecue that's explaining crypto and nutrition between bites of potato salad, yet he's probably got a lot of things wrong. In the next few minutes, though, you're gonna know more about mortgages than 99% of Americans. Let me tell you about five Goliath mortgage myths that throw a lot of people off, and this includes what mortgage rates are going to be, both next year and in 2030 The first myth is that mortgage rates are high today. I almost can't believe the number of people that say this in the world that I'm in. I hear it almost every day. The reality is that mortgage rates have normalized. The 30 year rate is currently normal to low. Now, I shared with you before that the long term average is 7.7% per Freddie Mac. They have the best, most respected stat set on historic mortgage rates, and theirs go back to 1971 Well, today's rate is between six and 7% They just don't feel low after the freakishly low era about five years ago. Now, after I tell you about mortgage rates in 2030 I'll tell you also about whether we're ever going to go back to the. 3% mortgage times. Understand, it's not just mortgages, but most other interest rate types are also on the low side today. A lot of rate types are based on the effective federal funds rate. What's based off of that are rates for credit cards, HELOCs, some business loans and personal loans, they are all based on the prime rate, which is based off of the federal funds rate. Well, the federal funds rate's long-term average is 4.6% Do you know where they're at today? 3.6% So, the fed rate is fully 1% below the long run average. The second myth, gosh, and this is such a pervasive one too, is that when mortgage rates rise, home prices fall. This is such a myth, and because I've talked about this premise before, let me bring some fresh angles to it for you today, with some historical accounts too, because the reality is that when mortgage rates rise, home prices usually rise right along with them, but sharply rising rates can slow appreciation, and before we move on, one of the most famous, I suppose, American real estate investors ever. He spoke about mortgage rates recently. Let's see what he says. This is under a minute in length. Oh, and he also happens to be the current White House occupant.   Donald Trump  6:34   I made billions of dollars with housing. I know housing better than anybody, maybe anywhere. It's all about the interest rate. Lower the interest rates. You can have all the housing you want, but you have to understand, I don't want to have - I don't want to hurt people that own houses, too. These people, for the first time in their lives, they have valuable houses, they become rich. I don't want to hurt them either. What you want to do is what's good for everyone? Get the interest rates down. We have this num skull that was the head of the Fed before, and he's a stupid person, and we call him too late because he was too late with the interest rates all the time. We need low interest rates. Low interest rates will solve everything, will solve that.   Keith Weinhold  7:18   Well, lower interest rates don't solve the main problem, though. We need to build more housing no other than the fact that low rates could make it a little easier for builders to finance their operations. Lower mortgage rates do nothing to increase the housing supply, and, contrary to what most people think, rates have exceedingly little to do with home prices. When mortgage rates blew past 18% in 1981 they were between 18 and a half and 19% Then, what do you think that home prices did? Well, they kept on rising right through it since 1994 Mortgage rates rose 1% or more six different times, and home prices went up all six times. Even when mortgage rates tripled three years ago, home prices still climbed on a nominal basis. How do they do that? Well, the short version here is that we've got to think about what's happening in the larger economy when rates rise. What does that mean? What does that signal? What is that a symptom of rates rise to keep a hot economy from overheating, and when the economy is hot like this, that usually means people are employed and they're confident and they're financially flush, so then what do they want to do? They want to buy a home, and therefore there are more bidders. That's why higher rates usually lead to higher home prices, and they're talking about raising rates again, because employment has been resilient, and inflation is more than double the Fed target. All right, well, if higher rates usually correlate with higher home prices, then do lower rates mean lower home prices, no, because nominally home prices rarely fall at all. Now, what then did rates do when real estate prices had a rare national fall in those years around the 2008 global financial crisis? Do you know? Do you know what mortgage rates did then? Do you think that mortgage rates were up or down during the global financial crisis? And this is a definitive answer. There's no gray area. They were clearly either boldly up or boldly down. What do you think during the global financial crisis? Mortgage rates plummet. Did more than 2% so the only time since the Great Depression that national home prices fell substantially, mortgage rates also fell substantially.    Keith Weinhold  8:05   The problem in that era, around 2008 is that you often could not get a loan, banks were barely lending, man. People overlook this. You can't just assume that you can get a loan whenever you want it, even if you qualify. But yeah, it's just amazing how many people believe this. I guess second myth. I mean, it is one of real estate's most persistent fairy tales that when mortgage rates rise, home prices fall, that just doesn't happen. And gosh, it feels like I explain this to somebody every week, that when mortgage rates rise, home prices usually do too. If you explain this phenomenon to somebody, I think what you can tell them is that history shows, and as I like to say, take history over hunches. History shows that mortgage rates don't have much to do with home prices. The, I guess, third mortgage myth out of five is that the Fed sets mortgage rates. The reality is that they don't, and you probably already knew about this one, because you're unusually sharp, and you're listening to this. Mortgage rates are more closely tied to the 10 year treasury yield, and inflation expectations, and bond market demand, and lender spreads, and the appetite from investors for mortgage-backed securities, and even your credit score, that's what mortgage rates are tied to. The fourth one here is that you should wait for mortgage rates to fall before buying, and the reality is that maybe you should, but usually not. And again, we can look at history here almost every time you look back at when you purchase property and how much property you owned when you added it into your portfolio, there you know. Do you ever think, oh gosh, I sure would have been better off had I waited two years. Now, if you do wait two years, what happens? Prices will almost certainly be higher, and you don't know where mortgage rates are going to be. Run the numbers, and you'll probably see that waiting is not the free lunch that some people think it is.   Keith Weinhold  9:13   The main problem with waiting is that it delays how the real wealth gets created from the five ways real estate pays, and to my earlier point, if you do wait, you're probably still going to be able to get a loan, but mortgage markets can seize up in times of distress, and you might not be able to get a loan at all. A lot of people just assume that credit is always going to be available. We don't know that for sure. Now, let's take a look at my most ill-timed real estate purchase ever, since we're talking about timing, and this is when I bought a green fourplex building in May of 2007 right on the precipice, just as we were about to tilt in to the global financial crisis. I paid $530,000 for this property. It was pretty nice, like not a beautiful building, but just a good setup where every tenant had their own attached one car garage in that building. Okay, so I did not wait, and by the way, this was a big purchase for me at the time. I mean, 530k perhaps that's about a million dollar purchase in today's inflation-adjusted terms. Back at that time, that was my biggest property yet, until I got into larger apartment buildings and other single-family homes and things like that. But what happened just after I bought this in 2007 Well, that green fourplexes value temporarily went down, and during this time I was paid the other four ways that real estate pays. Rates fell during the global financial crisis, so I had a refinance opportunity, and then that green fourplexes value had fully recovered by about 2012 or 2013 and it paid me positive cash flow every single month that entire time, and that's it. That was actually my worst timed purchase ever. That scenario, the worst mortgage conditions in anyone's lifetime, and it still wasn't so bad. Well, here's what else happens with the strategy of waiting for rates to fall. When rates fall, more buyers tend to rush in, and because you've got more buyers that qualify for a. Mortgage that didn't qualify previously, that means more competition. There are fewer seller concessions, if any, and there are higher prices. It might even create bidding wars, somewhat like we had in 2021.    Keith Weinhold  9:13   The last of the mortgage myths is that mortgage rates can be predicted, so you had better pay close attention to forecasts. Oh no, the reality is that trying to predict mortgage rates is about as predictable as to whether your contractor is actually coming on Tuesday. Let me tell you, all right, what the prominent analysts and agencies have to say about the future of mortgage rates, amalgamating forecasts from Fannie Mae, Wells Fargo, the Mortgage Bankers Association, a Reuters poll of economists, and more. By the end of next year, okay, so about 18 months away, they all cluster in a range of 6.2 to 6.5% This is for the 30 year fixed rate mortgage by the end of next year, and for 2030 it is about 5.8% That's what we're looking at for crystal balls of all these agencies, if you average them together, and you know what I have to say about these numbers, don't count on these at all. These people do not know, nobody does, they'll probably even tell you that they don't know. Okay, they are your forecasts right there. And what about us here? GRE does not make mortgage rate forecasts. We only make a home price appreciation forecast annually, and we are not about to make mortgage rate forecasts here. That is because they're just really hard to predict, and therefore that would not serve you. It's really just a form of entertainment that's a poor use of your time. It doesn't serve you. Making a bold mortgage rate prediction is exactly how economists audition for humiliation.   Keith Weinhold  17:14   Mortgage rates, future direction, that's based on so many factors, like inflation, jobs, treasury yields, deficits, geopolitics, oil prices, and wars, and the future direction of mortgage rates has to do with investor sentiment, which often changes and often doesn't make sense, and whatever new fresh economic surprise is going to wander in tomorrow, and you know, I'll tell you, when I was a pretty new real estate investor, and I had a property under contract, I remember sometimes asking my mortgage loan officer over the phone, now, do you think that mortgage rates are going to be lower next week, because maybe then I should wait and lock in. I mean, that's a question I asked a number of times. I mean, sheesh, it would have been just as useful if they answered by reading me their horoscope. Now, that is not a knock on mortgage loan officers in any way. They're smart people, but they just know the borrowers do want some insight, but it's just so hard to forecast now that you know that most forecasts base around 5% mortgage rates in 2030 which is useless information. Will rates ever be 3% again like they were about five years ago? There is no forecast by any of these agencies that predicts a 3% mortgage rate at all in the next five years, but you know, really, you have to ask, Who saw that there would be such low home loan rates on the horizon back in 2007 and things like the Great Recession and a global pandemic, you know, those sort of black swan events, they're just rarely, if ever, on the radar, and see drastic events like that are what it takes to move mortgage rates down into the seller, but a couple things are for sure, 3% mortgage rates anytime soon are extremely unlikely, and if that does happen, it probably means that there has been a real world calamity. Okay, that's what I can tell you.    Keith Weinhold  19:31   I've got more to tell you here, but to summarize what you've learned so far today, in this era, rates of all types are historically a little low, contrary to popular belief, mortgage rates have little to do with home prices. Waiting for rates to fall rarely works, and mortgage rates are nearly impossible to predict. And my favorite way to make it easy for you to remember how interest rates move in an account. Economy is that they are like walls. A high interest rate is like a high wall. It's an impediment to the movement of money, because people are less likely to borrow and more likely to save, since savings accounts yield more. And then a low interest rate is like a low wall that you can easily just step over it facilitates the movement of money, making you more likely to borrow and less likely to save. And if you want to understand more about how interest rates move economies and affect real estate, and you like analogies like that, I discuss more about how interest rates are like money walls in the latter portion of GRE episode 573 I've got so much more for you today. Straight ahead, I'm Keith Weinhold. You're listening to Get Rich Education.    Keith Weinhold  20:53   Flock Homes helps you retire from real estate and land learning, whether it's one problem property or your whole portfolio through a 721 exchange, deferring your capital gains tax and depreciation recapture. It's a strategy long used by the ultra wealthy. Now, mom and pop landlords can 721 through residential real estate. Request your initial valuation, see if your properties qualify at flockhomes.com/gre that's F L O C K homes.com/G R E. Let me ask you something. If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. In full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed, but with a track record of consistent on-time investor payouts, they built real credibility.   Keith Weinhold  22:14   Go to Freedom Family investments.com to book a clarity call, or text family to 668 66 That's that's family 266866 This is Rich Dad Advisor Tong Wheelwright. Listen to Get Rich Education with Keith Weinhold, and don't quit your daydream. Keith, welcome back to Get Rich Education. I'm your host, Keith Weinhold, and let me help you with a couple questions that some of you have had, and when listeners or followers like you engage with us, whether that's through our general inbox or our investment coaching, or even my face-to-face interactions with people. Sometimes I hear something like, "Hey, well, I am waiting for the crash until I build my real estate portfolio. Now, I don't know how to take this always. Sometimes I think people are joking. Other times I actually think that they are serious, and see what happens is that an awful lot of media creators, they will produce a video or a blog or a podcast, and they like to talk about how a housing crash is imminent because that type of material really gets attention, words like crash and collapse, they're hype words, and these hype words like crash and collapse, they really play on people's very real primordial survival instincts that are produced in your brain's amygdala, that's why people keep consuming them, and it's also why fear-producing media gets lots of attention. I mean, it's the if it bleeds it leads phenomenon, you know. In fact, I have one real estate pro friend, and he's told me that if instead of talking about real estate logically and with an education bent in the way that I do here at GRE, well, instead if I flip that and I talk about doom and all the improbably bad things that could happen that could make my material so interesting that it would create a following so big that would transcend real estate circles, and I'd be a regular on whatever CNBC and The Joe Rogan Show. This friend somewhat jokingly suggested that with the way I use the pre. Frontal cortex to discuss real estate. I should speak from the amygdala instead. I could become a doomer, a crashaholic, an appreciation denier. And by the way, the prefrontal cortex is the sort of executive brain. It helps you think things through, compare options, solve problems, make plans. Ask yourself the question, is this actually a good idea? Logically, it's the logical part of the brain.    Keith Weinhold  25:33   Oppositely, the amygdala, that's what tells you something feels dangerous, I better react now. And your prefrontal cortex tells you, hold on, let's think this through. It's what's logical, and you know, though, this is what we've always done here, the logical, because scaring you is not serving you, it's only entertaining you. In fact, lately, there are even some people that were calling for a home price decline that no longer are doing so, and the NAR just revised their home price appreciation forecast this year up to 4% and then the other piece is that I've received more feedback recently from listeners about something that you're trying to grasp, and that is the concept of inflation profiting on your debt, which I've always presented as the fifth of five ways that you're simultaneously paid through real estate, and really the feedback it goes something like this: I don't see where I'm profiting at all if I borrow 100k on a mortgage, and then 10 years later I still owe 100k because I still owe 100k So, how is this getting me ahead, even if the tenant pays all the interest? Really, that's the question. And before I answer that, you can always reach out to us at our general inbox at Get Rich education.com/contact How do you contact us? Get rich education.com/contact where we have a real human being here at GRE monitoring the inbox for you, and oftentimes we also get comments on our videos at the Get Rich Education YouTube channel, so that's a less formal feedback mechanism, but if you're trying to grasp inflation profiting, think of it through the opposite lens. What if you put 100k in cash under the mattress, you slid it under there, and you left it there for 10 years, and then you unearthed it. Well, you probably wouldn't want to do that. Why not?   Keith Weinhold  27:49   It's still 100k We all know full well that, because at 3% inflation over 10 years, it will get worn down to about 74k of purchasing power since prices and rents and everything else is now higher. Well, in a similar way, 100k in debt after 10 years is still 100k same name, but it will only have 74k in real value. That is the way to think of it. The saver lost purchasing power, the borrower gained repayment power. Hopefully, those two persistent questions about a housing crash and about inflation profiting gave you some satisfying answers. And you know any more, so much of what we've discussed with you here every week since 2014 it is now in view, or actually it's not even in view as much as you are living inside it, that hollowing out of the middle class represented by the K-shaped economy, we are living in it, and when I told you about it, perhaps a decade ago, I was not using that term, K-shaped economy. However, that term was born in 2020 and it was popularized on Twitter back then. When we had our big wave of inflation five years ago, the asset owners recovered, if they ever suffered at all, they're the ones on the upper branch of the K, and the middle class and lower class that do not own assets. They were not able to recover, and inflation makes their standard of living sink lower. Where we're at today is that the top 10% of US earners now account for fully half of all US spending. Well, how much time do you have if you haven't yet? How much time do you have left to build your portfolio to make sure your trajectory has you on the upper branch of the K, not the lower branch? Rich, five years, you only have five years left to get rich, all right. Now that's not my answer, but that's what Andre G says, and I like some of his material, and I don't know if I'm saying Andre's name correctly, but according to him, the reason that you only have five years left to move economic lines trajectories to move from the K's lower branch to the upper branch is because of AI. You've got five years to learn a skill, start a business, or invest in real estate. The reason why is that upward mobility comes from finding efficiencies where you can make things better, but artificial intelligence makes things so much faster and more efficient, so that gap between the way things are right now and the way they will be in the future is going to close.    Keith Weinhold  30:56   AI compresses that gap to almost zero, because when everyone can use AI to build websites, write code, analyze markets, automate workflows, whatever it is, is because it becomes really easy for anyone to do anything, and it becomes a lot harder to move from the bottom of the K to the top, so for those at the bottom, there are fewer inefficiencies to solve and get ahead, and this is why the saying "the rich get richer and the poor get poorer" has the propensity to speed up. So, what can you do? I've described elsewhere about how stocks are not a wealth building tool, they're a wealth preservation tool. If you already have wealth, stock price to earnings ratios are bloated. It's good to select an asset or business that's hard to be replaced by AI, and then get good at that thing, like HVAC, plumbing, pest control, electrical, roofing, masonry, or investing in real estate be in a niche that AI is going to have a hard time replacing. Just buy some rental houses, and here at GRE, we talk about optimizing the five ways that you're paid all the time. Buyers who are waiting for 5% mortgage rates, you know, they're a little like people who refuse to buy gas at $4 because they remember $2. Okay, those days are not coming back. The market rewards action, not nostalgia. Actually, you can get 5% mortgage rates today through our GRE investment coaches, because we know the builders that are buying them down to that level for you.   Keith Weinhold  32:54   Now, do you realize that even with zero appreciation and zero cash flow on a property, you're probably still going to win bigger than stocks in their average returns of 10% That's right, even if you get zero appreciation and zero cash flow on a property, because with a historic average from your ROA, from your tax benefits, and inflation profiting alone, that's a 14% total return, just using today's mortgage and inflation rates. A 14% return, even with zero appreciation or cash flow, you're probably going to have more than zero from those. This is why we do what we do here, and you're owning your own deal, your own rental property, and you don't have to be the manager. I'm talking about your own and emphasizing that because a lot of investors got burnt recently because they said, "Oh, I'm going to invest in this influencer's deal, he's pooling all this money together for a deal. Instead of that, you can invest in and control your own deal without having to be the day-to-day manager. Those that bought property through our GRE marketplace with our coaching a few years ago, they are rich today. We had a number of those listeners come right here on the show last year, and joined me for an episode, and you heard some of them say, "Here is what my life is like now. They got on the upper branch of the K, they turned get rich education into got rich education, and it's not just for beginners, you know, we also have listeners that booked a free coaching session with us, and they gave real estate another shot after their first attempt at real estate investing failed, and that's because here they got a coherent strategy from a GRE investment coach, and then they got the outcome. It's actually pretty straightforward. Here's how it works. Our coaching actually understands this business because they work with investors like you every single day, and we are investors ourselves. What they do is they sit down with you, probably virtually, understand your situation, your goals, your timeline, where you're at financially, what your preferences are, what your concerns are, and they ask you the right questions. They listen, and then they show you what's actually possible, given your specific situation. A big difference between what we do and what a lot of others in the business do is that we are focused on your big picture strategy.    Keith Weinhold  35:44   See, we're not attached to any one market. Take local agents and local operators. Now, those people can be helpful, but they're clearly incentivized to have you buy whatever their product in their geographic market is well, RGRE investment coaching doesn't have that conflict of interest, and that's why, for free, our followers have such a good success rate in making sure they occupy the upper branch of that K. To find what's best for you, we'll walk you through different markets, different property types, and different strategies, depending on what makes sense for your situation. And it's truly free. There's no weird pleading to have you do something else. We don't try to sell you some paid coaching program or anything else like that. In fact, if you want to buy something from GRE, you simply cannot do it, because we don't even have anything for sale in almost any other industry. You would have to pay to talk to someone this knowledgeable, but you'll know more when you hang up than when you called. So, if you're ready to add real income-producing property to your portfolio, that's exactly where we can help, but it's more than that. If you want, come away with a plan to retire in five to 10 years, because it's about a total strategy. You are cordially invited. You can book a free coaching call at GRE Investment coach.com Until next week. I'm your host, Keith Weinhold. Don't quit True Daydream.   Speaker 1  37:28   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.   Keith Weinhold  37:56   The preceding program was brought to you by Your Home for Wealth Building Get Rich education.com.  

Jobs report out a day early and a little soft. New revelation  about data-center capacity smack tech shares. June ends on an upbeat note – July is very interesting so far. Our guest, Peter Schiff of Echelon Wealth Partners . NEW! DOWNLOAD THE AI GENERATED SHOW NOTES (Guest Segment) Peter Schiff began his investment career as a financial consultant with Shearson Lehman Brothers in 1987. A financial professional for over twenty years, he joined Euro Pacific Capital, Inc. (EPC) in 1996 and has served as its President since January 2000. Peter Schiff is a widely recognized economic and financial analyst and has appeared frequently on Fox News, Fox Business, CNBC, CNN, and other financial and political news outlets. Peter is a highly recommended broker by many leading financial newsletters and investment advisory services and achieved national notoriety in 2008 as being one of the few economists to have accurately forecast the financial crisis well in advance. Between 2004 and 2006 he had made numerous high-profile statements predicting the bursting of the real estate bubble, significant declines in national real estate prices, the collapse of the mortgage market and the banking sector, the bankruptcy and bailout of Fannie Mae and Freddie Mac. Peter has authored several best-selling books including Crash Proof, Crash Proof 2.0, How and Economy Grows and Why it Crashes, The Little Book of Bull Moves in Bear Markets, and The Real Crash. He also served as an economic advisor to the 2008 Ron Paul presidential campaign. Check Out EuroPacific Asset Management Follow @andrewhorowitz Check this out and find out more at: http://www.interactivebrokers.com/ Looking for style diversification? More information on the TDI Managed Growth Strategy – HERE Stocks mentioned in this episode: (GLD), (SLV), (BTCUSD), (GOOG), (MU), (INTC), (META), (ORCL)

In this episode, Angel Williams sits down with Julie Anne Peterson to discuss what investors need to know about financing multifamily real estate in today's market. Julie shares exciting updates to Freddie Mac lending guidelines, explains how residential investors can qualify for larger commercial loans, and highlights why building strong relationships with experienced lending professionals can make all the difference. The conversation is packed with practical advice for investors looking to scale with confidence.Topics CoveredCommercial lending updates every multifamily investor should knowHow new Freddie Mac guidelines benefit experienced residential investorsUnderstanding net worth, liquidity, and sponsorship requirementsWhy choosing the right lending team matters more than chasing the lowest rateThe value of trusted relationships in real estate investingHow transparency and authenticity can attract investors and create opportunitiesQuotes"The right relationships can open doors that experience alone cannot.""It's not about finding the lowest rate. It's about finding the people who will help you succeed on this deal and every deal after."Connect with Julie: https://www.linkedin.com/in/julie-anne-peterson-51a6603/Connect with Angel: https://www.linkedin.com/in/angel-williams-re/

- Más de 500 proyectos en las carreteras ahora por si notas tapón cuando no se supone - El Vocero No va el racionamiento en Loíza y Canóvanas, pero sí encuentran sustancia que provoca que no haya agua - El Vocero Junta fiscal dice que hay que arreglar la AEE antes de pagar la deuda - El Vocero Analizan 10 años de la ley promesa y la Junta - El Nuevo Día Van 1450 muertos en Venezuela Vuelven a detenerse los ataques entre USA e Irán tras nueva moratoria y ataques en Kuwait, Bahrein - Bloomberg Junta compara la AAA con la AEE y se pierde el 66% del agua potable - El Vocero Activado el comité de sequía en la AAA - El Vocero Todavía no sale ayuda para Venezuela desde PR - El Vocero Contracción en la economía de PR es inminente, mientras hay problemas en agua y luz - El Vocero Falta todavía la mitad de los contadores para cambiarlos por digitales - El Vocero Miles de muertes en Europa por ola de calor, ahora en Balcanes e Italia - Reuters Sandra Torres demanda al FEI en tribunal federal tras salir no culpable de su caso - Noticel MMM hoy voy pa Martins BBQEl mejor y más sabroso pollo asado a la varita de Puerto Rico. Cocinando diariamente comida fresca saludable y sabrosa con un montón de complementos para escoger, arroces, habichuelas, verduras, mofongo,tostones,....MMMM....Esto si es criolloMartins BBQ, TOMANDO todas las medidas de salud y sabor para mantener la mesa boricua al dia con opciones para llamar, recoger o delivery por UBER Eats, y DoorDash.MMM Hoy como en Martin's BBQAsado...Jugoso...SabrosoLOS DATOS DEL DÍA Brent~$72.00/barril (▼ +10% en la semana) Diésel (retail EEUU)$4.83/galón S&P 5007,354.02 (-0.05%) Dow Jones51,876.11 (-0.09%) Bono 10Y del Tesoro4.38% Euro/USD1.138 (+0.12%) Gas natural (Henry Hub)$3.28/MMBtu (-0.49%) Hipoteca fija 30Y6.49% (Freddie Mac)

Although markets may recalibrate to a different policy playbook under the new Fed chair Kevin Warsh, housing could remain in a holding pattern. Our co-heads of Securitized Products Research Jay Bacow and James Egan explain why.Read more insights from Morgan Stanley.----- Transcript -----Jay Bacow: Welcome to Thoughts on the Market. I'm Jay Bacow, co-head of Securitized Products Research at Morgan Stanley. James Egan: And I'm Jim Egan, the other co-head of Securitized Products Research at Morgan Stanley. Jay Bacow: Today, the glow has maybe worn off the championship of the Knicks, so we can talk about the impact of Warsh on the mortgage and housing market. It's Friday, June 26th at 10am in New York. James Egan: If we have to stop talking about the Knicks, we can stop talking about the Knicks. But Jay, I think one of the things, if we take a little bit of a step back in mortgage markets, in housing markets, in fixed income markets more broadly – from the beginning of the year to now, we've gone from the market pricing in 2.5 cuts from the Fed by the end of 2026, to the market pricing in roughly 1.5 hikes. 100 basis point difference in market expectations over the course of the past five and a half months. Now, that's happened at different times, with different levels of velocity and severity. But one of the key talking points we have now is – we have a new Fed chair. We had the first FOMC meeting and his press conference after that last Wednesday. What do you think that means for mortgage markets, for volatility? How are you thinking about this? Jay Bacow: look, Jim, it's a great question, and we've got asked that by a number of different investors. Chair Warsh has been pretty clear that he thinks people should do more of what they're good at and less of what they're not good at. And so, he's felt like the Fed should keep their communication on future guidance relatively short. And so, with less forward guidance from the Fed, the market has more uncertainty, and more uncertainty translates into more volatility. And more volatility is generally bad for the mortgage market, given that investors are short the option to the homeowner to refinance. Furthermore, shifting from expectations of the Fed cutting to expectations of the Fed hiking generally makes it a little bit less favorable environment for investors like banks and overseas investors to come to the mortgage market. James Egan: Alright. Now, we've been on this podcast several times this year where we've talked about, you mentioned banks... We've talked about deregulation. We've talked about Fannie Mae and Freddie Mac, the GSEs – them buying mortgages, that being constructive for our mortgage view.Is that still the case, or how are you layering that into your thought process? Jay Bacow: now? That's definitely still the case. Those things haven't changed. The deregulation is still flowing through the markets. That longer term should be supportive of bank demand in aggregate, although obviously there are a number of different regulations going through. The GSEs are still forecasted to buy 200 billion mortgages on behalf of President Trump's initiative. So, that's why we're just sort of tactically negative – those technicals are very strong in an environment where there really has not been much supply. Now, some of that supply is because mortgage rates are still in the context of 6.5 percent. Some of that is because with mortgage rates at 6.5 percent, there hasn't been that much housing activity. So, Jim, turning it to you, what is the outlook for the housing market in a world where they are expecting the Fed to hike and rates to stay elevated? James Egan: Right. So, the main thing that we focus on from a housing market perspective is less specifically Fed action and more the 5- and 10-year part of the curve.So, when you start to say something like you're tactically negative mortgage-backed securities here – how can I interpret that from a mortgage rate perspective? Jay Bacow: If we're tactically negative, it's more of a small move than some massive move. And as you said, and we've talked about on this call beforehand, realistically, the mortgage rate is a little bit less dependent on the Fed policy rate and more around the belly of the Treasury curve. And, you know, what's going to happen with the belly of the Treasury curve is going to be dependent on sort of market expectations along with what's happening in the geopolitical situation. So realistically, if you've written down that the mortgage rate is 6.5 percent right now, our view probably doesn't change things too much. James Egan: And if that's the case, then affordability in the housing market, as we've been talking about, is going to continue to be challenged. And what we think that means from a housing activity perspective is any upside that we really thought would have been there gets pretty significantly capped. But the same side of this token – or the other side of this token, if you will, we do think that the current level is well-supported here. There's some level of housing activity that has to occur regardless of where affordability is, and we think we found that. We're at 40-year lows from a turnover perspective. From the fourth quarter of 2023 through now, we've been roughly at the same level. That's 11 consecutive quarters now. We think this is the kind of base level for people that need to transact regardless of where mortgage rates are. So, the more that the rate environment remains challenged, the more that we kind of hang in this low to mid 6 percent mortgage rate environment. We just think that that continues to curtail upside. So, it's a housing market and a housing activity space that continues to very much just remain stuck in neutral. Jay Bacow: Alright. So, if we're in this new environment and the Fed might be hiking, it's not great locally for mortgage valuations. Housing market more broadly, probably kind of stuck in neutral here. Jim, always a pleasure speaking with you. James Egan: And always great speaking to you too, Jay. And to all of our regular listeners, thank you for adding us to your playlist. Let us know what you think wherever you get this podcast and share Thoughts on the Market with a friend or colleague today. Jay Bacow: And go smash that subscribe button.

PODCAST LAS NOTICIAS CON CALLE DE 26 DE JUNIO - Círculo de fuego activo con muchos terremotos cercanos - Axios Miss San Sebastián nos representará en Miss Universe desde PR - WAPA Plantean que viene racionamiento por falta de lluvia, se va el segundo en mando de la AAA - El Vocero Al menos 235 muertos confirmados por terremoto de Venezuela - CNN No hay los votos para presupuesto de la guerra de Irán, Senado federal se tranca a medida de Trump - SemaforComerciantes siguen pagando por el escaneo de los furgones, pero se quedan en Puertos y no van a la empresa que lo hace - El Vocero Tuto Bermúdez y el escándalo de la bandera de PR - El Vocero En moda la comida fermentada y terminada - Axios Rivera Schatz cambia los tribunales para que sean bajo sus nombrados totalmente el ejercicio del poder - El Nuevo Día Baja el precio del petróleo y se propone que suba menos la luz en PR - El Nuevo Día Invest PR dice que dos empresas de Taiwán interesan venir a PR tras evento en California - El Nuevo Día 33% de los residentes de PR han considerado irse por el alto costo y calidad de vida según encuesta de MIDA - El Nuevo Día Reportan ataque a barco de Ormuz y la ONU detiene intervención - Reuters Alvarado trajo trofeo de la NBA y recibe reconocimiento en PR - Telemundo PR Apple subió precios considerablemente por costo de microchips - Reuters La inflación PCE en EE.UU. subió a 4.1%, máximo en tres años, plantean subir tasa de interés El petróleo se cayó, la gasolina no: Brent -44% desde abril, pero la gasolina solo bajó ~12.5%Texas le está metiendo duro a energía solar para producir energía - Bloomberg Trump le pide a ChatGPT aguantar nuevo modelo de lanzamiento - Axios LOS DATOS DEL DÍACierre del jueves 25 de junio de 2026 Brent$72.51/barril (-3.5%) Diésel (wholesale)$3.17/galón S&P 5007,357.49 (-0.01%) Dow Jones51,920.62 (+0.14%) Bono 10Y del Tesoro4.39% Euro/USD1.138 (+0.19%) Gas natural$3.33/MMBtu (+1.1%) Tasa hipotecaria 30Y6.49% (Freddie Mac)

PODCAST LAS NOTICIAS CON CALLE DE 24 DE JUNIO - Venezuela anuncia deuda más grande de la historia, le pasa a PR por más de tres veces - FT Derrotan aliado de PR por no ser socialista suficiente - Washington Post Gobernadora dice que hay que investigarlo todo tras escándalo de San Francisco v. San Sebastián Creen que viene racionamiento de agua - El Nuevo Día Justicia envía al FEI en vez de ella investigar escándalo de San Sebastián v. San Francisco “Reconciliación 3.0": más para el Pentágono, recortes a MedicaidEl Senado bloquea a Trump en la guerra con Irán, 50-48, cuatro republicanos votaron con demócratas - Reuters ¿Te ha pasado que llegas de viaje y se te arruina la ilusión tan pronto ves la factura del teléfono y tienes cargos adicionales? Se suman más y más y más cargos adicionales por cada llamada, mensaje, búsqueda que hiciste. Eso me llegó a pasar, hasta que me cambié a T-Mobile. Los únicos que ofrecen SIN COSTO ADICIONAL internet y textos ilimitados en más de 215 destinos. Ya no me tengo que preocupar cuando viajo, ni cuando regreso porque ya está incluido, sin cargos adicionales. Viaja relax con T-Mobile, ¡Cámbiate hoy en T-Life o llama al 1800TMOBILE!#tmobile #incluyeauspicioLUMA demanda al gobierno de PR en reconvención histórica En meses la inteligencia artificial pondría en riesgo de seguridad global por modelos chinos y de Japón independientemente lo que haga USA - Axios Ya pasaron 109 buques en tres días por Ormuz, prohíben cobro de peajes o cuotas - Bloomberg Chip-wreck vuela el mercado de valores y está en quién sabe lo que pasará en este casino - Bloombrerg LOS DATOS DEL DÍA Brent$77.42/barril (-0.6%) WTI$72.73/barril (-0.7%) Diésel wholesalebajó de $5.00/galón (1ª vez desde marzo) S&P 500~7,473 (-1.4%) Dow51,667 (-0.1%) Nasdaq-2.2% Bono 10Y del Tesoro4.50% Euro/USD1.138 (-0.4%) Gas natural$3.23/MMBtu (-0.8%) Hipoteca 30Y6.47% (Freddie Mac)

Send us Fan MailMost Realtors have never heard of UAD 3.6—but it may be the biggest change to residential appraisal reporting in the last 15 years.In this episode of Dishin' Dirt, Gary Pickren breaks down what UAD 3.6 is, why Fannie Mae and Freddie Mac are completely redesigning the appraisal reporting process, and what it means for Realtors, buyers, sellers, lenders, and appraisers.More importantly, Gary explains what agents need to do right now to better prepare listings, communicate value, and stay ahead of a rapidly changing real estate industry.You'll learn:✅ What UAD 3.6 actually is✅ Why appraisal forms are being replaced✅ How appraisal reporting is moving from forms to data✅ Whether UAD 3.6 will affect home values✅ How AI and technology are changing the appraisal industry✅ The biggest mistakes Realtors will make regarding UAD 3.6✅ How to create better appraisal packages✅ Why documenting upgrades and property features matters more than ever✅ How South Carolina Realtors can use these changes to better serve their clientsChapters00:00 Introduction to UAD 3.6 and its industry significance01:51 Historical context: Appraisal reporting since 200803:45 The shift from forms to data in real estate05:36 How AI and technology are transforming appraisals07:25 What changes with UAD 3.6: Standardized data collection09:21 Implications for appraisers and real estate agents11:38 Will UAD 3.6 affect home values?13:30 Common myths about UAD 3.6 and industry misconceptions15:22 Practical steps for real estate agents to adapt17:16 How to read and interpret appraisal reports19:30 Preparing clients and documentation for appraisal success21:25 Predictions for the future of appraisal technology23:16 Key takeaways and industry outlookWhether you're a Realtor, broker, lender, appraiser, closing attorney, investor, or simply interested in the future of real estate, this episode will help you understand one of the most significant industry changes currently underway.

A welcome silver lining in what has recently been a bleak housing market. Sales of previously owned homes jumped more than expected in May... posting an unexpected three-point-two percent increase month-over-month. That was the highest rate of sales we've seen since December. And according to the National Association of Realtors, it was the best month for first-time homebuyers since June 2020... with thirty-five percent of all purchases coming from people buying their very first home. But while that is impressive... mortgage rates remain stubbornly high, even ticking up again this week according to Freddie Mac. So, what should we take away from these mixed signals... and what can we expect in the months ahead? Realtor.com Chief Economist Danielle Hale joins FOX Business' Gerri Willis to break down the housing market, letting buyers and sellers know what they need to know. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today's show is sponsored by The Cost Segregation Guys. If you own investment real estate and haven't looked seriously at cost segregation, you could be leaving significant tax savings on the table.  If you click on the link you will be connected with them directly and qualify for a discount. -------------If you're a mid-size multifamily investor. You're not a mom-and-pop landlord with two units and you're also not an institutional shop with a dedicated capital markets team. You're in the middle — and historically, that middle ground has been underserved by the lending market. The big agency programs were built for big loans. Local banks could handle the small stuff, but once your deal got past a certain size, things got awkward and the terms got worse. Sound familiar?That's exactly the investor Freddie Mac's Conventional Small program was built for.On April 15th, 2026, Freddie Mac renamed their Small Balance Loan program — previously called the SBL — to Conventional Small, and folded it directly into their core Conventional platform. Loan sizes run from two million to ten million dollars. The cap was raised from $7.5 million to $10 million as part of the April 2026 upgrade — meaningful for anyone who was bumping up against the old ceiling. Fixed-rate terms are now 5, 7, 10, 12, or 15 years — the 12 and 15-year options are brand new additions. Amortization goes up to 30 years. As of June 2026, rates are running approximately 5.73%-----------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

PODCAST LAS NOTICIAS CON CALLE DE 8 DE JUNIO - Gobernadora activa la guardia nacional Trump dijo que EE.UU. podría tomar una participación accionaria pequeña (se habla de 1% a 5%) en las grandes de IA antes de sus salidas a bolsaSacan vendedores de verduras ambulantes de la carretera PR 100 y PR 129 - El Nuevo Día Vuelve la propuesta de incinerar basura en PR - El Vocero San Juan y Bayamón van por acuerdo para combatir la criminalidad - El Vocero Se va a declarar culpable también La Con en caso de CDobleta - El Vocero Update a centros de inspección para un nuevo reglamento - El Vocero Irán bombardeó Israel, Israel le dio a una planta petroquímica de Irán y el petróleo subió aunque Trump pidió no disparar - Economist MMM hoy voy pa Martins BBQEl mejor y más sabroso pollo asado a la varita de Puerto Rico. Cocinando diariamente comida fresca saludable y sabrosa con un montón de complementos para escoger, arroces, habichuelas, verduras, mofongo,tostones,....MMMM....Esto si es criolloMartins BBQ, TOMANDO todas las medidas de salud y sabor para mantener la mesa boricua al dia con opciones para llamar, recoger o delivery por UBER Eats, y DoorDash.MMM Hoy como en Martin's BBQAsado...Jugoso...Sabroso#martinsbbq#incluyeauspicio1 de cada 10 en PR tiene esquizofrenia - El Vocero José Luis Ortiz vuelve a ganar viniendo de último lugar - Belmont Stakes Energía temporal será a 22.4 centavos el kilovatio - El Nuevo Día Genera se lleva contrato de energía para Vieques y Culebra - El Nuevo Día Van 205 asesinatos hasta mayo, 14% más que el año pasado.Trump dice que él es quién da las órdnees y no Netanyahu - FT Se plantea subir tasa de interés y se disparan las tasas - Bloomberg SpaceX sacará IPO y venderá 555.6 millones de acciones a $135 cada una - BloombergLa Sección 702 de FISA (la vigilancia de inteligencia) expira el viernes y hacen falta 60 votos para extenderla. Los demócratas frenan porque Trump nombró a Bill Pulte - Semáforo LOS DATOS DEL DÍA Brent:$96.18/barril (+4%) Diésel (EIA, retail EEUU):$5.35/galón S&P 500:7,383.74 (-2.6% vie.) Dow:50,866.78 (-1.3% vie.) Bono 10Y del Tesoro:4.54% Euro/USD:1.15 Gas natural (Henry Hub):~$3.30/MMBtu Tasa hipotecaria 30Y:6.48%Índices al cierre del viernes 5 de junio; Brent y crudo en movimiento el lunes por la guerra. Fuentes: Trading Economics, EIA, Freddie Mac, TheStreet.

On Tuesday, President Donald Trump announced that he is naming housing official Bill Pulte to serve as acting Director of National Intelligence (DNI) once Tulsi Gabbard steps down as director at the end of the month. Pulte is currently the director of the Federal Housing Finance Agency (FHFA), an independent agency regulating federal mortgages, where he oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Gabbard is resigning to support her husband during his battle with a rare form of bone cancer, and the White House has not advanced a nominee to serve as Gabbard's permanent replacement.Ad-free podcasts are here!To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up!Less than two weeks.Our in-person gathering in Berkeley Springs, West Virginia, is rapidly approaching, and we're building out a great program for the main event on Sunday, June 14. Come join Executive Editor Isaac Saul, Editor-at-Large Kmele Foster, The Daily co-creator Andy Mills and The Free Press's Kat Rosenfield for a lively discussion on AI and national politics, with additional opportunities to hang out with the full Tangle team. A limited number of tickets are still available — get yours before they're gone!You can read today's podcast⁠ ⁠⁠here⁠⁠⁠ and today's “Under the radar” story ⁠here⁠ and today's “Have a nice day” story ⁠here⁠.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Take the survey: What do you think of Bill Pulte becoming acting DNI? Let us know.Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast written by: Will Kaback and audio edited and mixed by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Bailey Saul, and Audrey Moorehead. Hosted on Acast. See acast.com/privacy for more information.

PODCAST LAS NOTICIAS CON CALLE DE 1 DE JUNIO - AccuWeather marca al Caribe noreste con riesgo sobre el promedio mientras comienza temporada Temperatures extremas en PR Junta autoriza paguen a Educación Especial, pero advierten que no pueden seguir pagando con fondos no recurrentesMientras, plantea cambios en Ley 60, créditos de cine, y créditos de manufactura.Gobierno no consigue casi ingenieros para poder contratar en obras públicas - El Nuevo Día JGo logra fiesta playera y recauda 500 mil con Jorge Navarrio y otra legisladora - El Nuevo Día Horrible escena de hit and run deja persona decapitada - Noticentro Trump plantea que FEMA no puede hacerse cargo y le toca a los gobiernos locales meter mano en caso de desastre - El Nuevo Día China especializa estudiantes y universidades en “tierras raras” - Reuters Comienza hoy temporada de huracanes, se esperan pocos, pero mucho polvo del Zahara - Primera Hora Gobierno federal te paga la luz si tienes atrasaos en cerca de 4000 familias - Primera Hora Bukele 2 v. Trotsky Comunista en Colombia para la segunda vuelta No hay doctores para atender endometriosis - Metro Paso mega importante contra cáncer de páncreas, PR presente en Chicago - Jay Fonseca PRIrán acusa a Estados Unidos de violar cese al fuego tras nuevo bombardeo y ataques en Líbano - DW  No saben a dónde van a llevar a Juana Matos y sus casi 200 familias con casi 100 millones en fondos federales - El Nuevo Día Advierten demasiado poder dado a Recursos Naturales para mitigar daños en erosión costera - El Nuevo Día Otro error en caso de Anthonieska, cogieron la ropa que no era - Jay Fonseca PR Mansión se vende en 39.5 millones en Río GrandeLa Cámara exige que se entregue informe de supuestos malos manejos en OGPe realizado por ahora ex secretario de DDEC - El Nuevo Día 205 asesinatos en PR al 31 de mayo — 26 más que el año pasado (+17.5%); MMM hoy voy pa Martins BBQEl mejor y más sabroso pollo asado a la varita de Puerto Rico. Cocinando diariamente comida fresca saludable y sabrosa con un montón de complementos para escoger, arroces, habichuelas, verduras, mofongo,tostones,....MMMM....Esto si es criolloMartins BBQ, TOMANDO todas las medidas de salud y sabor para mantener la mesa boricua al dia con opciones para llamar, recoger o delivery por UBER Eats, y DoorDash.MMM Hoy como en Martin's BBQAsado...Jugoso...Sabroso#martinsbbq#incluyeauspicio Berkshire compra constructora de casas - BusinessWire Junta autoriza cerrar créditos contributivos en PR - El Vocero Nvidia lanza nuevo microchip y nueva computadora que va a ayudar a robots y a carros autónomos - Axios Demócratas progresistas van contra Ai - Axios PPD dice Miguel Romero hace campaña con crisis de agua para ser el candidato del PNP - El Vocero 20% de retirados tiene que buscar otros ingresos porque no dan las pensiones - El Vocero La gente está pagando más la casa que antes - El Vocero Dicen que van a abrir las cavernas de Camuy - El Vocero Auditoría pide a Autoridad de Tierras que pidan devolución de dinero - El Vocero No van a eliminar la erudita y punto - El Vocero LOS DATOS DEL DÍABrent crudo$92.05 / barril (−1.77%)Diésel retail EE.UU.~$5.60 / galónS&P 5007,580 (+0.2%) · 9 semanas al alzaDow Jones~50,000 (+0.7%) · récordBono 10Y Tesoro4.45%Euro / USD1.165Gas natural Henry Hub$3.29 / MMBtuHipoteca 30Y EE.UU.6.53% (Freddie Mac)

Buying a home with Bitcoin? It's no longer a far-fetched idea. The shifting landscape of cryptocurrency now extends to real estate, following the Trump administration's directive allowing Fannie Mae and Freddie Mac to accept cryptocurrency on federal mortgage applications. FOX Business Network Real Estate Contributor and Host of Mansion Global on Fox Business Prime Katrina Campins joins FBN's Darren Botelho to discuss when everyday Americans will purchase homes using crypto or if there will be regulatory hurdles to stall mainstream adoption. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As a leader, you often spend so much time on the strategies and tactics that keep your brand growing that it's difficult to keep up with what's going on in the background with the platforms and the companies behind them.That's why I'm always glad to talk with our guest today, who is both focused on the business of CX as well as the business behind CX and the SaaS platforms driving so many customer experiences. I'm excited to talk again with our Resident Expert on the CX and MarTech platform landscape. We talked right at the beginning of 2026 as a look back at last year. Now that we've had a quarter behind us in 2026, it's time to talk about how this year is shaping up and what we can expect in the months ahead.To help me discuss these topics, I'd like to welcome, Bill Staikos, Founder at Be Customer Led. About Bill Staikos Bill Staikos is a senior customer experience executive with over 20 years of leadership across financial services, consulting, and technology. He has held senior roles at American Express, Freddie Mac, JP Morgan, and BNY Mellon, where he led global initiatives to transform client and employee experiences. A former SVP at Medallia, Bill helped organizations turn insights into measurable outcomes.Recognized as a LinkedIn Top Voice and one of the Top 50 Global CX Influencers, Bill is also the founder of the Be Customer-Led podcast and is now preparing to launch The Multimodal Experience. Known for his pragmatic, impact-driven approach, Bill advises leading brands, including Apple, Bank of America, Marriott, and T-Mobile, on connecting customer experience to business growth. Bill Staikos on LinkedIn: https://www.linkedin.com/in/billstaikos/ Resources Be Customer Led: https://becustomerled.com/ The Agile Brand podcast is brought to you by TEKsystems. Learn more here: https://aglbrnd.co/r/2868abd8085a9703 Drive your customers to new horizons at the premier retail event of the year for Retail and Brand marketers. Learn more at CRMC 2026, June 1-3. https://aglbrnd.co/r/d15ec37a537c0d74 We're proud to be a media partner for #MAICON26 - Oct. 13-15! Learn how AI can power your marketing and business and help you grow smarter. Use code AGILE150 to save! https://aglbrnd.co/r/7fe458ced0f04658Reach your customers with Reddit. Spend $500 in ad spend, get $500 back in ad credit! Learn more: https://advertalize.com/r/491818c79fb1873fDon't miss We Make Future - the International Festival of Innovation in AI, Tech, and Digital Marketing, June 24-26 in Bologna. Learn more: https://aglbrnd.co/r/c80991afff416bb2The most influential minds in software, AI, and engineering leadership will be at WeAreDevelopers World Congress North America, September 23-25 in San Jose. Learn more: https://aglbrnd.co/r/60a7299222a7bcf1 Enjoyed the show? Tell us more at and give us a rating so others can find the show at: https://aglbrnd.co/r/faaed112fc9887f3 Connect with Greg on LinkedIn: https://www.linkedin.com/in/gregkihlstromDon't miss a thing: get the latest episodes, sign up for our newsletter and more: https://aglbrnd.co/r/35ded3ccfb6716ba Check out The Agile Brand Guide website with articles, insights, and Martechipedia, the wiki for marketing technology: https://www.agilebrandguide.com The Agile Brand is produced by Missing Link—a Latina-owned strategy-driven, creatively fueled production co-op. From ideation to creation, they craft human connections through intelligent, engaging and informative content. https://www.missinglink.company Hosted on Acast. See acast.com/privacy for more information.