Podcasts about originations

On this episode of Higher Exchanges, Jesse Redmond and Morgan Paxhia sit down with Steven Ernest, Head of Originations at Chicago Atlantic, to discuss how cannabis lending and private credit markets are evolving heading into a potential Schedule III world.Steven gives an update on Chicago Atlantic's platform today, how cannabis credit has changed over the last 12–18 months, and why periods of industry stress can create compelling opportunities for disciplined lenders. The conversation also explores private credit valuation concerns, collateral structures, institutional capital flows, and what separates stronger operators from the rest of the market.The group dives deep into the potential impact of Schedule III rescheduling, including whether the biggest benefit is tax relief, improved fundamentals, or the psychological shift that could bring new institutional investors into the space.Topics include:- The state of cannabis lending in 2026- Private credit risk and valuation trends- Real estate collateral vs. cash-flow underwriting- Schedule III and institutional capital- Why cannabis remains a structurally inefficient lending market- The future of banking and commercial credit in cannabis- What the market still misunderstands about cannabis creditA timely conversation with one of the most experienced lenders in the industry.Higher Exchanges is powered by Flowhub.

In the first quarter, the auto finance industry balanced strong auto loan originations with persistent affordability challenges, shifting EV demand and rising asset-backed securitization activity. Auto lenders, including PenFed Credit Union, Driveway Finance and Carvana posted strong first-quarter gains, signaling continued demand for auto loans, according to their earnings releases last week. PenFed's originations jumped 88% year over year, while Driveway Finance's originations rose 34.8% YoY and Carvana's originations increased 59.3% YoY as digital sales and product expansion drove growth. Affordability, however, remained a key constraint with Q1 earnings for dealership groups, including Asbury Automotive Group, Group 1 Automotive and Penske Automotive, showing declines in sales and mixed finance and insurance revenue. To offset pressure, dealers are leaning on longer loan terms and payment-focused financing strategies as higher vehicle prices and interest rates continue to affect consumers. Meanwhile, OEM captive finance performance varied, as GM Financial's originations declined 15.8% YoY, while Ford Credit reported higher finance and lease penetration in Q1. In addition, Stellantis returned to profitability, supported by higher vehicle sales and growth in its financial services operations. Toyota reported a sales decline in March as weakening demand and geopolitical tensions tied to the Iran war weighed on performance. Lenders are also expanding credit access to sustain growth, with Western Funding launching full-spectrum lending. Wider market conditions shift EV demand remains an industry focus, as Rivian's deliveries increased 20% YoY in the first quarter, supported by growth in software and services revenue, according to its April 30 earnings presentation.  Auto ABS issuance rose 5.1% as of April 24. Lease ABS outperformed the broader market as investor demand remained steady, according to JPMorgan Securities data. However, potential changes to SEC disclosure requirements could increase regulatory risk for ABS issuers, adding uncertainty to the funding environment. Lastly, Federal Reserve officials held interest rates steady although the split vote signaled growing internal division over the policy outlook amid heightened economic uncertainty.  In this episode of “Weekly Wrap,” Auto Finance News Editor Amanda Harris, Deputy Editor Johnnie Martinez II and Senior Associate Editor Aidan Bush discuss top trends across macroeconomic dynamics, affordability, funding and powersports lending for the week ended May 1. Subscribe to “The Roadmap Podcast” on iTunes or Spotify or download the episode.  Auto Finance News will present multiple invaluable events for industry professionals in 2026, starting with the Auto Finance Summit East and the Auto Finance Capital Summit in May. To see event agendas and register, visit autofinance.live. 

Lenders' auto originations were mixed in the first quarter, though most reported declining delinquencies.Originations reported by major banks include:Ally Financial, up 12.8% YoY to $11.5 billion;CarMax Auto Finance, down 1.5% YoY to $1.9 billion;Chase Auto, down 2.8% YoY to $10.4 billion;U.S. Bank indirect loan and lease production, mostly made up of auto loans, up 47.3% YoY to $1.7 billion; andWells Fargo Auto, up 110.9% YoY to $9.7 billion.Bank of America did not break out auto originations. However, its indirect and direct consumer outstandings, primarily consisting of auto and specialty lending loans, fell 0.4% YoY to $53.9 billion. Ally, Chase, U.S. Bank, Wells and PNC Financial reported YoY declines in auto loan delinquencies.Fifth Third Bank's rate of 30- to 89-day delinquencies dropped 7 basis points YoY to 0.61%.Listen as Auto Finance News Editor Amanda Harris, Senior Associate Editor Truth Headlam and Senior Associate Editor Aidan Bush dive into first-quarter earnings and highlight trends across credit performance, auto loan growth and technology updates.Subscribe to “The Roadmap Podcast” on iTunes or Spotify or download the episode.Auto Finance News will present multiple invaluable events for industry professionals in 2026, starting with Auto Finance Summit East and Auto Finance Capital Summit in May. To see event agendas and register, visit autofinance.live. 

Send us Fan MailIt's time to talk about something really, truly exciting in credit union land.How about online/mobile calculators?Calculators!Yes, I hear those derive laughs but listen up: on this show you will hear from Tim Pranger at Appli, who has developed calculators that users genuinely like and use.  Katie Ullman, vice president of marketing and community at First Source Credit Union in Utica NY, is also on.  That's an institution with around $1 billion in assets. Also on the show is Romanelli, First Source's digital marketing agency.What this trio will tell you is that a good calculator can be fun, it can  bring in new business to a credit union, and it doesn't have to be expensive.  Listen up.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com  And like this podcast on whatever service you use to stream it. That matters.  Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

During Ep. 34 of the Ask the Law Firm Seller Show, Jeremy E. Poock, Esq. addresses the following question: Why should I track digital originations at my law firm? As Poock explains, In the mid-2020s and as we head toward 2030, more and more law firms continue recognizing that the norm for developing business today involves Multi-Channel Digital Marketing, as compared to yester-year's Word-of-Mouth dependent Rainmaker attorneys.   As law firms transition to becoming Digital Rainmaker law firms, Poock points out the following 5 digital windmills that generate clients for Digital Rainmaker law firms:   1. Google   2. AI   3. Social Media   4. Law firm websites   5. Audio, Video & Webinar mediums   “If you are spending the time, the effort and the money to be developing clients digitally, it is vital to be looking at the data analytics to understand how the clients are coming into your law firms from those different digital media venues in which you are investing,” Poock states.   Poock also explains Law Firm Sales 2.0, which consists of law firm buyers paying:   (a) Fixed pricing attributable to the Digital Value and Brand Equity of a selling law firm; plus   (b) Earnout terms attributable to a more traditional Book of Business that consist of a selling law firm's clients and referral sources.   As Poock states, “[W]hen you're able to show the data analytics that can support that predictability of how clients are coming into your practice, then you're going to be able to have a fixed payment at a closing table . . . So, just to say that very succinctly, in terms of why should you be tracking digital originations for your law firm? It's because, if you want to receive a . . . higher fixed payment at a closing table in Law Firm Sales 2.0, please be prepared with data to show that you have become a Digital Rainmaker law firm that has real Digital Value, real Brand Equity.”

In Episode 69 of the State of the Market for Law Firm Sales in 11 Minutes, Senior Attorney Match's Jeremy E. Poock, Esq. addresses the following: The Growing Importance of Tracking Digital Originations   As law firms continue transforming to becoming Digital Rainmaker law firms that originate clients via Multi-Channel Digital Marketing, their sale values will continue to increase because of greater predictability for client originations, as compared to depending on a limited number of traditional Rainmaker attorneys.   This episode addresses:   How Digital Rainmaker law firms originate new business during today's 3.0 Digital Era for the legal industry   The importance of tracking digital originations in the context of law firm sales   The rise of Law Firm Sales 2.0, which consists of: (1) Fixed payments attributable to data analytics that support how digital marketing efforts consistently generate a law firm's originations; plus (2) Earnout payment terms, attributable to a selling law firm's Book of Business.

Auto and powersports financiers mostly reported lower originations and sales for the last quarter as shifting spending patterns by cash-strapped consumers fuel uncertainty. Lenders that reported fewer sales and loan originations, according to their respective earnings releases, include: Credit Acceptance Corp.'s consumer loan assignment volume, down 9.1% year over year in its fourth quarter; GM Financial's Q4 loan lease originations, down 18.7% YoY; OneWater Marine's F&I revenue, declined 5.4% YoY in its fiscal first quarter; Tesla's lease portfolio in Q4, dropped 12% YoY; and Volvo's North American Q4 sales, down 19.6% YoY in Q4. However, some financiers reported positive results last quarter: Group 1 Automotive's F&I revenue climbed 1.9% YoY; Polaris' Q4 sales climbed 9.5% YoY in Q4; and  MarineMax's F&I revenue for its fiscal Q1 climbed 0.9% YoY and total revenue climbed 7.8% YoY.  Meanwhile, mergers and acquisitions in the RV and marine industries are on the rise after a yearslong slowdown following the pandemic.  Auto Finance News will present multiple invaluable events for industry professionals in 2026, starting with Auto Finance Summit East and Auto Finance Capital Summit in May. To see event agendas and register, visit autofinance.live. 

Banks reported growth in auto originations in the fourth quarter as credit performance was mixed.  Auto originations at Ally Financial, Capital One, Chase Auto, U.S. Bank and Wells Fargo increased year over year, according to the banks' earnings reports. The increases were:  Ally's originations rose 4.9% YoY to $10.8 billion; Capital One's originations increased 8.5% YoY to $10.2 billion; Chase Auto's originations ticked up 1.9% YoY to $10.8 billion; U.S. Bank's indirect loan and lease production, mostly comprised of auto loans, grew 2.7% YoY to $1.4 billion; and Wells Fargo Auto's originations soared 104% YoY to $10.2 billion Huntington Bank's auto originations, however, declined 4.6% YoY to $2.1 billion in Q4.  While Bank of America did not break out auto originations, auto outstandings came in at $55.3 billion, up 0.7% YoY, according to the bank's earnings supplement. Meanwhile, auto credit performance was mixed across major banks in Q4. Ally Financial, Capital One, Chase Auto and Wells Fargo reported YoY dips in auto loans delinquent by 30 days or more. Huntington's auto delinquencies rose, while Fifth Third Bank and Truist reported declines in 30- to 89-day auto delinquencies YoY.  PNC Financial's rate of auto loans 30 to 59 days past due was 0.45%, down 9 basis points (bps) YoY, according to the bank's earnings supplement. Bank of America's net charge-offs across its indirect and direct consumer book, which is largely made up of auto loans, rose 5 bps YoY to 0.22%.  Listen as Auto Finance News Editor Amanda Harris, Senior Associate Editor Truth Headlam and Associate Editor Aidan Bush dive into fourth-quarter earnings and highlight trends across credit performance, auto loan growth and technology updates.  

As 2025 comes to a close, economic uncertainty and volatility remain top of mind for lenders and consumers alike. In this episode, Jason Laky, EVP of Financial Services at TransUnion®, joins Josh and Craig to unpack the year's biggest credit trends — from resilient consumer demand to challenges in mortgage and auto — and what they signal for 2026. Jason also explores how lenders are leveraging alternative data and AI to manage risk and drive inclusion in a rapidly evolving market. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

An uptick in repossessions, continued affordability challenges and weakened credit performance are top of mind for lenders headed into 2026.  The shutdown of several lenders this year combined with inflationary pressures is likely to contribute to more repossessions at the end of 2025 and in early 2026. By Dec. 31, repossession assignments nationally are projected to surpass 10.5 million units for the year, according to American Recovery Association data.  At the same time, credit performance continued to worsen across securitized nonprime auto loans in November while prime loans had some deterioration. This bifurcation in credit tier performance is expected to continue next year.  Car sales have also been challenged as consumers face high sticker prices and shift to used vehicles, creating more competition in the market. CarMax's used-vehicle sales fell 8% year over year in its fiscal third quarter to 169,557 units, while CarMax Auto Finance's originations declined 9.3% YoY to $1.8 billion.  Meanwhile, Auto Finance News is pleased to name Sanjiv Yajnik, president of financial services at Capital One, the 2025 Auto Finance Executive of the Year.  In this episode of “Weekly Wrap,” Auto Finance News Editor Amanda Harris, Senior Associate Editor Truth Headlam and Associate Editor Aidan Bush discuss trends across sales, affordability and credit performance for the week ended Dec. 19.

[Housing Wire] Trade group seeks to exclude mortgage programs from future government shutdowns.  [Yahoo Finance] Here's where the experts see mortgage rates trending 2026-2029. [Yahoo Finance] The Trump Admin floats the idea of portable mortgage loans. Watch our video podcast here!

Last week brought more shakeups in the auto finance industry as lender Flagship Credit Acceptance announced it was finalizing a sale of the company to an investment firm, while Prestige Financial Services stopped originations.  Chadds Ford, Pa.-based Flagship announced on Nov. 21 that it had entered into an agreement to sell the business to New York-based InterVest and would be rebranded to Flagship Financial Group, according to a company release. Once the transaction is closed, Jim Landy will become chief executive.  Prestige Financial Services also informed dealerships that it was stopping originations as of Nov. 20, according to an email obtained by Auto Finance News.  Draper, Utah-based Prestige will continue to service its loans and fund contracts received before Nov. 20, according to the email.  Prestige also reportedly laid off an undisclosed number of employees this month, AFN reported.  Meanwhile, Tricolor representatives were no-shows at the Section 341 Meeting of Creditors on Nov. 18, which was attended by 150 people.  The lack of representation was unusual and raised questions about why no one appeared on Tricolor's behalf.  In other news, AFN is pleased to recognize 10 auto finance executives to watch in 2026. These leaders have produced noticeable results in their respective organizations in 2025 and are heading transformative strategies into next year.  Listen as Auto Finance News Editor Amanda Harris, Senior Associate Editor Truth Headlam and Associate Editor Aidan Bush unpack the past week's auto finance.  

In this episode of the Canadian Private Lenders Podcast, Ryan MacNeil and Neal Andreino sit down with Taylor Little (CEO) and Jared Stanley (SVP of Originations) from Neighbourhood Holdings to unpack one of the most significant moments in Canadian private lending history, Neighbourhood's acquisition of Fisgard Asset Management. Together, they walk through how the deal came together, why consolidation is accelerating across the MIC and private lending industry, and what this merger means for brokers, borrowers, investors, and the future of alternative lending in Canada. Taylor and Jared dive deep into valuation, culture integration, expanding credit boxes, increased LTVs, new alt products, securitization readiness, and the role of technology in scaling originations. They also explore the regulatory pressures driving consolidation, the importance of strong processes and disciplined underwriting, and the strategic evolution of both brands, including why Fisgard's EMD will remain and how both teams are joining forces. The episode wraps with advice for smaller lenders and insight into how the industry can become more efficient through national regulatory harmonization. This is a masterclass in deal-making, market strategy, and the future of Canadian private lending.Show Notes:05:25 — Introduction to the Biggest Acquisition in Private Lending05:50 — Meet Taylor Little & Jared Stanley06:12 — Jared's Background & Early Career08:57 — How Neighbourhood Holdings Was Founded10:15 — Naming the Company: “Neighbourhood Holdings”13:15 — How the Fisgard Acquisition Started14:57 — Why Consolidation Is Accelerating in the Industry16:11 — Deal Courtship Story: Project Beacon19:06 — Deal Structure & Valuation Approach22:10 — Leadership Integration: Who's Staying On25:01 — Why Fisgard Remains the EMD Brand29:07 — New Products & LTV Expansion to 75%31:38 — Alt Program & Expanded Geographic Reach33:01 — Surging Originations After MPC Announcement36:02 — Why the Pipeline Exploded39:07 — More M&A Expected Across Canada43:56 — Buying Mortgage Books & Future Opportunities46:02 — Securitization & Institutional Capital Readiness49:02 — Educating Brokers on Short-Term Alt Lending50:54 — CAMLA's Role & Industry Advocacy54:26 — Advice for Smaller Lenders: Survive & Stay Disciplined59:03 — What Needs to Change: National Harmonization62:09 — West Coast Bonus QuestionResources:Keystone Capital GroupCPLP Instagram: @cplpodcastKeystone Instagram: @keycapgroupFind Neal On:Instagram: @neal.andreinoLinkedIn: Neal AndreinoFind Ryan on:LinkedIn: Ryan MacNeilE-mail: ryan@keycap.ca

Are you interested in the latest trends in the participation marketplace? Want to learn how credit unions are changing the lending landscape? In this episode of Credit Union Conversations, host Mark Ritter chats with Tom Halliday, Vice President of Lending Sales at MBFS, to discuss the state of consumer lending in mid-2025. From the surprising member-focused approach of credit unions to the importance of clear communication in simplifying the loan process, this episode explores what drives success in lending today. Tune in for insights on overcoming business lending challenges and succeeding in a competitive market!IN THIS EPISODE:(00:00) Intro: Meet Tom Halliday(02:24) Tom Halliday's origin story, detailing his transition from consumer lending to joining MBFS as Vice President of Lending Sales(03:18) Discussion of the member-focused approach of credit unions, contrasting it with the profit-driven mindset of commercial banks(07:23) Discussion shifts to the state of the lending market in 2025(13:15) Communication is key to a smooth loan process; clear expectations and complete borrower information will avoid delay(19:15) Key factors for successful credit union lending programs are outlined(21:11) The participation marketplace is described as highly competitive, with more credit unions looking to buy KEY TAKEAWAYS:Credit unions prioritize member relationships, focusing on understanding borrowers' stories and goals, unlike commercial banks, which often treat borrowers as numbers.Effective communication is crucial for seamless loan processes, ensuring clear expectations and prompt responses between borrowers, relationship managers, and credit unions.The participation marketplace is highly competitive in 2025, with more credit unions seeking to buy loan participations than available opportunities, requiring quick responses to secure deals.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInTom Halliday - MBFS Tom Halladay 302-545-3424

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 today's episode, we look at FEMA's impact on the mortgage industry. Plus, Robbie sits down with  Pennymac's Kim Nichols to discuss the current state of the broker channel, market dynamics, and strategies shaping the future of third-party origination. And we close by examining what sort of range Treasury yields are expected to hover around throughout the summer.Thank you to Truework, the only all-in-one, automated VOIEA platform that helps mortgage providers achieve up to 50% cost savings with an industry leading 75% completion rate.

Anne Walsh, Chief Investment Officer of Guggenheim Partners Investment Management, joins Macro Markets for a look back at the first half of 2025 and shares her outlook on the economy, rates, fiscal policy, monetary policy, and relative value. As we head into the second half of the year, the best approach to navigating the noise of market volatility is to stay focused on the long-term signals, which are positive for active fixed-income management. Follow this link to the March 2025 commentary by Walsh referenced in this episode, titled “Don't Let Policy Volatility Overshadow Market Opportunity.” Related Content:Stay Focused on Macro Themes During Tricky Investment Environment Anne Walsh, CIO of Guggenheim Partners Investment Management, joins Fox Business to discuss Fed policy, rate cuts, and current investment opportunities Watch Now Solving the Core Fixed-Income Conundrum An active, diversified, multisector approach to meeting the total return objectives of core fixed-income management without taking undue risk. Read the Report Macro Markets Episode 70: The Real Opportunity in Real Assets John Tanyeri, Head of Real Assets or Originations, and Matt Lindland, Head of Structured Products, join Macro Markets to review the spectrum of investments in real assets and their place in a diversified portfolio. Listen to Macro MarketsInvesting involves risk, including the possible loss of principal. In general, the value of a fixed-income security falls when interest rates rise and rises when interest rates fall. Longer term bonds are more sensitive to interest rate changes and subject to greater volatility than those with shorter maturities. High yield and unrated debt securities are at a greater risk of default than investment grade bonds and may be less liquid, which may increase volatility. Private debt investments are generally considered illiquid and not quoted on any exchange; thus they are difficult to value. The process of valuing investments for which reliable market quotations are not available is based on inherent uncertainties and may not be accurate. Further, the level of discretion used by an investment manager to value private debt securities could lead to conflicts of interest.This material is distributed for informational or educational purposes only and should not be considered a recommendation of any particular security, strategy, or investment product, or as investing advice of any kind. This material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. The content contained herein is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation.This material contains opinions of the author but not necessarily those of Guggenheim Partners or its subsidiaries. The author's opinions are subject to change without notice. Forward-looking statements, estimates, and certain information contained herein are based upon proprietary and non-proprietary research and other sources. Information contained herein has been obtained from sources believed to...

First-quarter bank earnings highlighted mixed results as some banks saw an uptick in originations and leasing volume, while credit performance largely improved.  Ally Financial's auto originations increased 4.1% year over year as lease originations were up 28.6% YoY. The bank's retail auto delinquencies declined 9 basis points (bps) YoY to 3.79%. Across the regional banks, Huntington Bank's auto originations rose 25% YoY, while U.S. Bank's indirect loan and lease originations were down 27.3% YoY. Fifth Third Bank, PNC Financial and Truist joined several auto lenders in reporting declines in delinquencies and credit losses in Q1. Meanwhile, new-vehicle affordability hit the best level in 45 months in March but auto tariffs are expected to lead to price increases and contribute to lower sales in the coming months.  Prolonged tariffs are also projected to contribute to a decline in auto asset-backed securitization volume and increased delinquencies across securitized auto loans. In this episode of “Weekly Wrap,” Auto Finance News Editor Amanda Harris and associate editor Aidan Bush discuss Q1 bank earnings and top trends across affordability and consumer health for the week ended April 18. 

This podcast segment draws inspiration from Rory McIlroy's comeback win at the Masters to emphasize the importance of mindset, perseverance, and staying focused on long-term success over short-term fluctuations.-----------------------------------------David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.

Diversification across public and private funding sources is key to driving origination growth for auto lenders as the cost of funds fluctuates and investors look to put an abundance of capital to work in auto finance.  Auto Finance News' March 11 webinar “Funding Strategies: From Warehousing to Private to ABS” shed light on interest from private investors in auto and the amount of money that is available to originators.  Insurance companies arelarge players in backing private investment in auto, especially as lenders consider diversifying their funding sources to include asset managers alongside banks and public capital markets. Meanwhile, late-stage delinquencies rose in the fourth quarter but the pace of increase is stabilizing compared to large upticks in 2022 and 2023. As tax refund season approaches, affordability and credit access improved in February while average transaction prices saw a slight uptick.  In this episode of “Weekly Wrap,” Auto Finance News Editor Amanda Harris discusses the top takeaways from last week's funding webinar along with other top stories for the week ended March 14. 

This podcast segment explores regional mortgage production trends, the impact of economic conditions on lending, cost-cutting strategies for mortgage lenders, and key industry events shaping the future of housing finance.-----------------------------------------David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.

Erica Acie, Head of Originations, Truist. Highlights include: prioritizing the client experience as a foundational KPI; become valued financial advisors; core competencies for sales success; robust on-boarding process and embracing technology. Erica has been in the mortgage industry for over 30 years.

Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing incentives to move inventory.  Originations totaled 6.4 million contracts in the second quarter, up 0.7% year over year, according to the latest data from TransUnion. The return of leasing and an uptick in incentives are helping address affordability concerns and drive sales.  As of October, the average transaction price (ATP) of a new vehicle landed at $48,623, up 1.7% YoY, according to Kelley Blue Book. New-vehicle incentives climbed to 7.7% of ATP compared with 5% of ATP in October 2023. Meanwhile, auto loan demand weakened in the third quarter while banks' credit standards remained steady.  In powersports, inventory levels continued to build as sales declined 6.3% YoY in October, according to BMO Capital Markets data.  Synthetic identity fraud also is a rising concern in the powersports industry, with an uptick in fraud contributing to stolen RVs and mirroring concerns in the automotive finance industry.  In this episode of the “Weekly Wrap,” Auto Finance News Editor Amanda Harris and Associate Editors James Van Bramer and Ashley Savage discuss trends in originations activity, pricing and the powersports market.  

Solomon Suleymanov is a true force in the real estate industry. With over 12 years of experience and a background in both Legal Studies and Computer Science, he brings a unique blend of expertise to his role as Director of Originations and Co-Founder at We Lend, LLC. Solomon's dedication to business purpose lending (BPL) is evident in his impressive track record. He has overseen the origination of over $300 million in BPLs and successfully monetized over 90 real estate transactions worth approximately $75 million. His relentless work ethic and passion for innovation have propelled him to the forefront of the market, making him a sought-after expert in the field. Solomon's journey from a pharmacy worker to a real estate powerhouse is a testament to his ambition and drive. His early foray into Fix and Flips at the age of 21, coupled with his academic foundation, laid the groundwork for his remarkable success. His commitment to utilizing technology to enhance the real estate industry has solidified his position as a visionary leader. Solomon's deep understanding of both real estate and technology, combined with his unwavering dedication, makes him an invaluable asset to We Lend, LLC, and a true inspiration to aspiring entrepreneurs in the industry. In our podcast, Solomon shares how he got started in real estate by door knocking and cold calling and overcoming his fears of communicating with people. Solomon also shares how he incorporates tech and ai into his real estate lending business and explains why it is so important for real estate investors to work with and partner with great lenders in their business.    You Can Find Solomon@: Linkedin: https://www.linkedin.com/in/solomon-suleymanov-86b695102/ Instagram: https://www.instagram.com/sal_solomons/

Warren de Haan is a founder, Chief Executive Officer, and member of ACORE CAPITAL's Investment Committee.Mr. de Haan has over 25 years of experience in commercial real estate finance and capital markets. Before co-founding ACORE CAPITAL, he was Chief Originations Officer at Starwood Property Trust, Inc. (NYSE: STWD), a public mortgage REIT, from 2010 to 2014, during which time the REIT grew from $780 million market cap to $5.5 billion market cap. Mr. de Haan was a founding partner and Head of Originations at Countrywide Commercial Real Estate Finance, overseeing the expansion of the division's footprint to 15 offices across the U.S. He also co-founded Coastal Capital, a firm focused on the acquisition of U.S. CRE loans post GFC. Mr. de Haan began his career as an originator in Nomura's New York City-based Large Commercial Real Estate Loan Group.Links:ACORE CapitalBrandon on LinkedIn - https://www.linkedin.com/in/bsedloff/Juniper Square - https://www.junipersquare.com/Topics:(00:00:00) - Intro(00:01:15) - Warren's background and career(00:24:15) - ACORE Capital(00:32:43) - How do you see the proliferation of sub-scale managers in the market?(00:36:55) - How should folks think about asset managers in the context of a financing business?(00:41:32) - What's the state of the CRE Debt market?(00:50:14) - How do you see fundamentals performing right now?Disclaimer: Certain statements contained herein reflect the subjective views and opinions of ACORE Capital (“ACORE”) and may include our general view of the market and expectations of the market in the future. This presentation may contain forward-looking statements. Forward-looking statements are inherently uncertain and there is no guarantee that any projections or estimates about the future will materialize. Under no circumstances is this presentation to be used or considered as an offer to sell, or a solicitation of any offer to buy, any security. Any such offering may be made only by an offering memorandum that would be furnished to prospective investors who express an interest in an investment program of the type being considered, and that would describe the risks associated with an investment in the investment program. The information in this presentation is provided to you as of the dates indicated and ACORE does not intend to update the information after its distribution, even in the event that the information becomes materially inaccurate. The information contained herein may not be reproduced in whole or in part nor disclosed by the recipient to any other party without ACORE's prior written consent.

Episode Summary In this episode of the Solar Maverick Podcast, Benoy speaks with Jim Howard, President at Dudley Ventures, and Derek Gabriel who is the COO & Head of Originations at SunRocket Capital.  They speak about how their structured finance solution ensures access to construction funding and long-term financing for developers who want to preserve their equity in their projects. Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy and he is also an advisor for several solar startup companies.  He has extensive project origination, development, and financial experience in the renewable energy industry and in the environmental commodities market.   This includes initial site evaluation, permitting, financing, sourcing equipment, and negotiating the long-term energy and environmental commodities off-take agreements. He manages due diligence processes on land, permitting, and utility interconnection and is in charge of financing and structuring through Note to Proceed (“NTP”) to Commercial Operation Date (“COD”). Benoy composes teams suitable for all project development and construction tasks. He is also involved in project planning and pipeline financial modeling. He has been part of all sides of the transaction and this allows him to provide unique perspectives and value. Benoy has extensive experience in financial engineering to make solar projects profitable. Before founding Reneu Energy, he was the SREC Trader in the Project Finance Group for SolarCity which merged with Tesla in 2016.  He originated SREC trades with buyers and co-developed their SREC monetization and hedging strategy with the senior management of SolarCity to move into the east coast markets.  Benoy was the Vice President at Vanguard Energy Partners which is a national solar installer where he focused on project finance solutions for commercial scale solar projects.  He also worked for Ridgewood Renewable Power, a private equity fund, where he analyzed potential investments in renewable energy projects and worked on maximizing the financial return of the projects in the portfolio.  Benoy also worked on the sale of all of the renewable energy projects in Ridgewood's portfolio.   He was in the Energy Structured Finance practice for Deloitte & Touche and in Financial Advisory Services practice at Ernst & Young.  Benoy received his first experience in Finance as an intern at D.E. Shaw & Co., which is a global investment firm with 37 billion dollars in investment capital. He has a MBA in Finance from Rutgers University and a BS in Finance and Economics from the Stern School of Business at New York University.  Benoy was an Alumni Scholar at the Stern School of Business.   Jim Howard James D Howard, Jr. is the President of Dudley Ventures, LLC is an investment and advisory services firm specializing in congressionally sanctioned tax credits and other tax advantaged investments. DV has a 20+ year track record of success with the vision, staff and values to succeed. Dudley Ventures is a subsidiary of Valley National Bancorp (NASDAQ:VLY), one of the top 30 publically traded banks with $50B in assets, A native of The Bronx, New York, Mr. Howard earned his degree from The College of the Holy Cross in Worcester, Massachusetts in 1980 and a law degree from Georgetown University Law Center in 1984. Dudley Ventures was founded by Mr. Howard in 1996. Dudley Ventures has been an innovator in tax credit investment and Mr. Howard has authored numerous articles on tax credit investing and is a regular speaker at conferences. Dudley Ventures has invested and manages over $2 billion in tax credit investments. Mr. Howard is a Board Member of the New Markets Tax Credit Coalition.   Derek Gabriel With over 15 years of experience in the renewable energy sector, Derek is a passionate and driven leader who strives to make a positive impact on the environment and society through innovative and sustainable solutions. As the Chief Operating Officer at SunRocket Capital, Derek oversee the daily administrative and operational functions, as well as the origination, development, and financing of solar projects across various markets and segments. Derek leverage my extensive network of over 15 years in the solar industry, and my deep knowledge of solar policy, tax equity, and debt financing to create value for our clients, investors, and partners. In his previous role as the Executive Vice President and Head of Originations at Sol-REIT, Derek was responsible for business development in providing debt and arranging tax equity for solar and renewable energy projects, ranging from C&I, community solar, portfolio transactions, to utility-scale. Derek engaged a team of solar lending analyst, underwriters, and established strong relationships with key stakeholders, such as EPCs, developers, off-takers, and lenders. Derek also contributed to the strategic direction and growth of the company, and supported the development of new products and services. Some of the skills that Derek applied and developed in this role include organizational development, business development, negotiation, risk management, and financial analysis. Stay Connected: Benoy Thanjan Email: info@reneuenergy.com  LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com   Jim Howard Linkedin:  https://www.linkedin.com/in/jamesdhoward/ Dudley Venture Website:  https://www.dudleyventures.com   Derek Gabriel LinkedIn:  https://www.linkedin.com/in/derek-g-a754a748/ Website:  https://www.sunrocketcapital.com   Press Release dated June 24, 2024 SunRocket Capital and Dudley Ventures Arrange to Provide $100+ Million to Monetize Tax Credits in Commercial, Industrial and Community Solar Developments https://www.sunrocketcapital.com/news/sunrocket-capital-and-dudley-ventures-to-monetize-tax-credits      

David Kittle emphasizes the critical role of leadership and communication in the mortgage industry, noting stable production levels and discussing potential impacts of rate cuts on refinancing and mortgage servicing rights.-----------------------------------------David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.

In this week's episode, we give a temperature check on the CRE market, as we cover bank stress testing, buying opportunities from dry powder, the latest CPI data, and new originations. We also share some big office lease stories, a bank earnings preview, an update on short-term rentals, multifamily and office loan-to-value data, and mall loan stories. And, we cover 7-Eleven's CMBS exposure, in honor of recording on 7/11. Tune in now. Episode Notes: - 7-Eleven (0:23) - Macro update: CPI and the Fed (3:35) - Buying opportunity in CRE: maturities and dry powder (8:09) - Big office leases (12:01) - Lease renewals (16:32) - Bank Earnings preview (19:05) - CMBS issuance and new originations (25:10) - Multifamily and office LTV (27:48) - Short-term rentals (30:07) - Mall tenants downsizing and loan extensions (38:50) - Shoutouts (44:06) Please take our listener feedback survey: www.surveymonkey.com/r/BMPXLHG Questions or comments? Contact us at podcast@trepp.com. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp

David Kittle discusses the potential implications of the Supreme Court's Chevron decision on the mortgage industry, emphasizing the likelihood of increased litigation against regulators and the ongoing regulatory challenges faced by the industry, while also noting positive membership growth of TMC in the credit union space.-----------------------------------------David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.

David Kittle discusses the mortgage industry's advocacy efforts in Washington, DC, highlighting the political nature of agencies like Fannie and Freddie, the disconnect between regulatory conversations and outcomes, and the importance of direct engagement with regulators.-----------------------------------------David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.

David Kittle discusses recent advocacy efforts in Washington D.C., regulatory challenges, and the impact of new regulations on the mortgage industry.-----------------------------------------David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.

Part One: Live From TransUnion's 2024 Financial Services Summit, Las Vegas In part one of the 2024 FS Summit episode, credit union VPs Heather Dufourny (Service Credit Union) and Heather Sullivan (Randolph-Brooks Federal Credit Union) sit down with Craig and Josh in Las Vegas to discuss the goings-on in the credit union industry. Craig is curious to hear which products members are most interested in, and wonders how Dufourny's and Sullivan's credit unions are responding to the financial squeeze many members are experiencing. Dufourny and Sullivan share how each of their organizations are utilizing this slow period — from preparing for an eventual refinance boom to diversifying portfolios — and agree balancing a seamless member experience with the need for increased fraud controls has been a challenge within the industry. Josh wraps things up by asking which key elements they're focusing on to draw in a younger demographic, and is keen to know how a credit union decides when to bring in new technology or systems. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

Guest FJ Guarrera puts Craig and Josh in the hot seat this month with questions around recent consumer performance, trends and preferences in the card industry. The conversation kicks off with a macroeconomic view of the market since last quarter — ranging from consumer sentiments to card balances and originations to the impact consumer stress levels are having on their financial health. FJ asks how issuers should be responding to elevated risk in the marketplace, and Josh shares strategies lenders might consider to alleviate some of that pressure. Craig shares an update on the private label market; Josh weighs in on when migrating scores may start to normalize; and the conversation ultimately shifts to what issuers can be doing to better understand Gen Z preferences and behaviors — particularly given market dynamics over the last few years. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.

Thanks to PHH Mortgage. From subservicing to correspondent lending, MSR/co-issue transactions, portfolio retention, reverse mortgages, and commercial servicing, PHH has solutions for the entire mortgage lifecycle. 

Originations across many product types – mortgage, credit cards, and the like -- were all lower in 2023 than the year prior. Historically high interest rates pinched consumers and made it less appealing to open new lines of credit. Will 2024 be more of the same? What can consumers and lenders alike expect in the coming year? Is the economy's elusive ‘soft landing' anywhere in sight?Kelsey Zhu, Lead Analyst at Bernstein/Autonomous, joins The SCORE this week. Kelsey to talk us through where we are in the consumer credit cycle and why she's optimistic about what both consumers and lenders have to look forward to in 2024. Listen to Kelsey's insights here.

Send us a Text Message.Patty Oliver is an energy healer, author, and spiritual adviser. She teaches people how to change their entire life by learning to clear unconscious blocks and take back their power.Patty experienced a death of a spouse at a young age and later was diagnosed with breast cancer. Feeling like the world was against her, Patty realized that she was the only person who could help her to embark on the journey to re-empower herself.  This journey led to a career in energy healing. For the past 12 years, Patty has been helping hundreds of people around the world to change their lives for the better.In this episode we touch on soul origination and the powerful manifestation archetypes that shape our destiny and desires. By revealing how each of us is a unique blend of archetypes—whether we are nurturing Teachers, pioneering Visionaries, expressive Creators, or intuitive Feelers—Patty illuminates the path to manifesting a life that resonates with our soul's essence. We also discuss the nuance dance between our karma and the Law of Attraction, as well as how embracing our authentic selves can unlock doors to abundance and fulfillment.Where to find Patty: Website: https://www.pattyoliver.com/about-pattyManifestation Quiz:  https://www.pattyoliver.com/quizSUBSCRIBE TO OUR YOUTUBE CHANNEL: https://www.youtube.com/channel/UCr0p1zDPaPLmnmI3AIWhDFQFOLLOW US: TikTok - @shiftingdimensions444 Instagram - @shiftingdimensions_podDISCLAIMER: The views, thoughts, and opinions expressed are the guest's own and do not represent the views, thoughts, and opinions of Shifting Dimensions. The material and information presented here is for general information and entertainment purposes only.

All eyes are on the US Fed and Central bankers worldwide at the start of 2024. Investors are increasingly convinced this year will see a pivot to lower interest rates and the end of money tightening that saw the Fed's benchmark overnight interest rate reach the current 5.25% to 5.50% range. Federal Reserve posts suggest a possibility the Fed could cut interest rates as much as six times in 2024, according to DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP. BOVE believes the Fed's approach will be measured and rate cuts may not begin until the middle of 2024. However, the real question is whether companies will benefit more from interest rate cuts than from a diminution of inflation. Thus opens a lively exchange on conflicting reports on company pricing policies at the peak of our recent inflation. BOVE cites various studies and reports, and identifies the term ‘greedflation,' coined by former Labor Secretary, ROBERT REICH. The claim is that many companies were able to significantly expand profit margins with no consumer push back as prices escalated. JOHN AIDAN BYRNE presents a study showing how companies grew margins by a median of 49 percent. BOVE concludes that if indeed companies were engaged in ‘greedflation' then the path to profitability in 2024 will be through expanded unit sales. The CONVERSATION looks at some upsides of falling interest rates. BOVE notes that the Federal government debt could plunge to a level below 2022 fiscal total with a fall in interest rates. Declining rates should be a boost for consumers. Still, BOVE believes the US economy is really slowing down despite increased holiday spending. Questions & Comments: Podcast@odeoncap.com

SMBC ManuBank CRO Mike Leary joins the podcast this month to discuss the relationship between risk and financial institutions in today's economic environment. Mike and Craig discuss the lesser-known risks impacting portfolios today, including hidden buy now, pay later loans and credit score inflation. Mike weighs in on positioning a card portfolio in uncertain times; explains why some banks are using credit cards as transactional products; and stresses the need for working tools to properly assess the stability of consumer credit scores. Josh asks for Mike's opinion on which market innovations hold the most promise or red flags, and Mike ideates on what younger generations of employees can do to be successful in today's unusual workforce. Plus, Mike thinks back on his time as a collegiate cross country athlete and how a team-oriented mentality has helped positively shape his career. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

Mortgage demand has fallen off a cliff, according to Black Knight's recent Mortgage Monitor Report. With affordability hitting new lows and mortgage rates still rising, home buyers have simply given up on buying a house any time soon. Mortgage applications are now forty-five percent below pre-pandemic levels, and something BIG will have to change for buyers to jump back into the market—are lower home prices the answer? To explain the Mortgage Monitor Report's most recent findings, we brought on Black Knight's Andy Walden. Andy has the most recent home buyer, mortgage rate, foreclosure, and delinquency data to share. We'll talk about the buying power that's been wiped out of the market, why mortgage applications fell off a cliff, rising unaffordability and whether or not it'll force foreclosures, and the real estate markets with the most potential for home price growth. Andy even gives his 2024 housing market forecast with some eerie warnings about what could happen to home prices as we reach an “inflection point” in the market and enter the traditionally slower winter season. In This Episode We Cover: Why mortgage originations are falling faster than ever before (and what this means for home prices) Andy's Q4 housing market forecast and how to tell where prices are headed Foreclosures, delinquencies, and why “distressed sellers” aren't flooding the market Why investors have “backed off” the housing market waiting for mortgage rates to dip Regional housing markets that could see the best (and worst) home price performance  The rising popularity of assumable mortgages and the massive downside to doing one of these deals And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Our Last Episode with Andy Read the October 2023 Mortgage Monitor Report Archive of Past Mortgage Monitor Reports Connect with Andy: Work with Andy and His Team Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-152 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

Today's podcast is brought to you by nCino, maker of the nCino Mortgage Suite, built for the modern mortgage lender. The nCino Mortgage Suite's three core products -- nCino Mortgage, nCino Incentive Compensation and nCino Mortgage Analytics -- unite the people, systems and stages of the mortgage process. See how nCino can support a homeownership journey that both your borrowers and your team will love at nCino.com.

John Rogers is the Chief Innovation Officer at CoreLogic, leading R&D on the biggest asset class in the world - the US Real Estate Economy, and driving new product development to market via an iconic property & location intelligence platform called Discovery. This platform allows clients that rely on data, insights, models and answers to drive growth or mitigate risk on their book of business. John asserts he's been fortunate to have worked in all 4 corners of the world leading large transformation projects in finance, retail, pharmaceuticals, logistics and airlines, including at IBM and British Airways. This episode is part of the Tangent @ Blueprint series. Blueprint is the most global event of Proptech innovators leading the charge in changing the built world in Las Vegas every September.(0:34) - Powering US Real Estate market(1:30) - Climate Risk Analytics for Housing ecosystem(4:28) - Truth data set(5:56) - Streamlining affordable housing development & collaboration(8:10) - Collaboration Superpower: Dr. Katherine Calvin at Chief Scientist at NASA

TransUnion SVP of Auto, Satyan Merchant, joins Craig and Josh this month to discuss emerging trends within the US auto financing market. We begin with Satyan touching on today's top auto industry headlines — from supply chain issues and high interest rates impacting consumer affordability to major shifts in market share. Satyan describes how technology-forward dealerships and lenders are modernizing the industry by offering online-to-offline car shopping experiences, and shares how lenders should be thinking about the growing number of credit-active Gen Z consumers. Josh and Craig ask for Satyan's opinion on the future of vehicle values and supply, and what that means from a credit standpoint; they discuss the return of incentive programs; and Satyan draws comparisons between the auto and mortgage financing markets. *Plus, take a look at the TransUnion study Satyan references in the episode: https://www.transunion.com/lp/impact-of-unsettled-vehicle-values The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

TransUnion Head of US Government Relations, Allison Shuster, returns to Extra Credit this month to discuss the political and legislative activities currently impacting the US financial services industry. Craig and Allison start by discussing the proposed Fair Credit Reporting Act (FCRA) rulemaking process expected to take place later in 2023, whether government partisanship is as challenging as it's portrayed in the media, and how legislators are turning to the private sector to help inform policy decisions. Next Josh and Allison talk about the major focus areas for regulators that might not be as headline-grabbing, including a politically-stalled federal privacy standard and AI governance concerns cropping up in both the Senate and Congress. Finally, Josh asks Allison how the upcoming presidential election cycle will impact the pace of legislation; they discuss how states are looking at the use and treatment of medical debt on the credit file; and Allison urges listeners to pay attention to the uptick in agency activity (particularly from the CFPB and FHFA) within the housing market. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

Thanks to Gallus, the premier business intelligence tool for the mortgage industry. With hassle-free insights and user-friendly functionality, Gallus empowers you to make faster, data-driven decisions for enhanced profitability.

Joining Craig and Josh this month is Melissa Koide, Founder and CEO of FinRegLab — a nonprofit organization that tests and researches technology to help inform public policy and advance financial inclusion. Melissa touches on some of FinRegLab's key initiatives, including the use of cashflow data to predict credit risk and assess populations with limited or no credit history; new research the organization is doing on machine learning algorithms being used in financial services; and a partnership with Kenya's government, banks and bureaus to determine the optimal data insights needed for credit risk assessing women-owned small businesses. The group also discusses regulatory uncertainties keeping the financial industry from wider adoption of new types of data, and muses over the laws and regulations that could one day surround artificial intelligence and platforms like ChatGPT. Finally, Josh tests Melissa's Kentucky knowledge with some light trivia about her hometown. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

In this month's episode, credit union leaders Kaylyn Leese and Michael Kelly join Craig and Josh onsite at TransUnion's 2023 Financial Services Summit in Chicago. Kaylyn and Michael begin by sharing what they're excited about within the lending space followed by a discussion of the challenges credit unions are up against — including a competitive market and balancing new technology — as they pursue opportunities to support their members and communities. Our guests then weigh in on the pressure credit unions are facing to deliver high-touch, digital experiences; Josh wonders how each of their credit unions is handling change management initiatives; and the group discusses how automating processes can be very positive for employees willing to take on new skills and grow in their careers. Plus, Craig and Josh are put to the test when Kaylyn and Michael ask some questions in return! Our hosts offer their perspectives on the future of the mortgage industry, as well as explore potential fraud concerns that could arise from growing consumer pressures around immediacy in lending. Finally, to celebrate recording onsite in Chicago, Craig and Josh quiz our guests on some fun Windy City history. The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liablity for any actions taken based upon the content of this podcast.

Prospective homebuyers have been waiting for more affordable conditions, and according to data from the Mortgage Bankers Association, they might be ready to start making offers. Mortgage demand surged 7% in the week ending January 20th after skyrocketing nearly 28% the week prior. While there have been variations in mortgage demand, often following fluctuations in the federal funds rate, a 28% increase in the volume of mortgage applications hasn't occurred since the first week of March 2020.  Meanwhile, inventory isn't growing to keep pace. Homebuyer sentiment improved slightly in December. Inflation is moderating faster than some recent expectations, and a growing cohort of economists are betting the Fed will pull off a soft landing. Did we manage to avoid a housing market crash, and is the housing market already making a comeback?  Learn more about your ad choices. Visit megaphone.fm/adchoices

Interest rates, repositioning assets, impacts on M&A markets and more on this market update from Alex Loo, VP of Originations with Hudson Realty Capital.This episode was recorded at the 2023 ASHA Annual Meeting.Sponsored by Accushield, Enquire, Connected Living, Hamilton CapTel, Referah, Service Master, Peak Senior Living, Solinity, and The Bridge Group Construction.Become a sponsor of the Bridge the Gap Network.Connect with BTG on social media:YouTubeInstagramFacebookTwitterLinkedInTikTokMeet the Hosts:Lucas McCurdy, @SeniorLivingFan Owner, The Bridge Group Construction; Senior Living Construction Renovation, CapEx, and Reposition. Joshua Crisp, Founder and CEO, Solinity; Senior Living Development, Management, Marketing and Consulting.Produced by Solinity Marketing.

Interest rates, repositioning assets, impacts on M&A markets and more on this market update from Alex Loo, VP of Originations with Hudson Realty Capital.This episode was recorded at the 2023 ASHA Annual Meeting.Become a BTG Network sponsor.Listen to more BTG episodes here.Sponsored by Accushield, Enquire, Connected Living, Hamilton CapTel, Referah, Service Master, Peak Senior Living, Solinity, and The Bridge Group Construction.Become a sponsor of the Bridge the Gap Network.Connect with BTG on social media:YouTubeInstagramFacebookTwitterLinkedInTikTokMeet the Hosts:Lucas McCurdy, @SeniorLivingFan Owner, The Bridge Group Construction; Senior Living Construction Renovation, CapEx, and Reposition.   Joshua Crisp, Founder and CEO, Solinity; Senior Living Development, Management, Marketing and Consulting.Produced by Solinity Marketing.