The Basis Point®

Mortgage rates now exactly in the middle of the 6% to 8% range we've been in since 2023. Here it is in one chart. And here's a link to some quick updates on Core PCE inflation and GDP: https://lnkd.in/gWp5zcE4

🤓 WEEKEND READING 🤔 If you missed Mortgage Bankers Association #mbasecondary25 or #mbalirc25, The Basis Point® Live Blogs have all the details for you to catch up on intel from top leaders in lending, regulation, compliance, fintech. Here's a quick rundown of each... MBA SECONDARY 2025 TOPICS - Economic Outlook From NY Fed Chief John Williams - Mortgage Market Outlook 2025 - State of Ginnie Mae with COO Joe Gormley - What’s Ahead for Non-QM Securitizations - Conversation With FHFA Director Bill Pulte - Partnering With GSEs In Today’s Market - Ensuring Stability of U.S. Housing Finance System - Rocket & CMG On Winning Customers & LOs In 2025 - MBA mPower Session: It’s Not All In Her Head - Opportunities In Second Lien Lending MBA LEGAL & REG TOPICS 2025 - CFPB Leadership, FHFA Outlook, Trigger Leads - Navigating Early Trump Era In Mortgage - Role (and Future) Of CFPB & Related Regulators - Regulation Trends For Marketing & Customer Contact - Loan Officer Compensation - Latest on RESPA - State of Mortgage AI Super Session - State of Homeowner Insurance Market - Evolving AI Regs In Mortgage - Managing Data Privacy In AI Era I'll add links to both Live Blogs in the comments below...

‼️ CRITICAL LENDER INTEL 🤔 on #MBASecondary25 main stage Tue 5/20: Come learn how Rocket Companies COO Heather Lovier and CMG Financial Strategy Chief Paul Akinmade run production, service customers, and build tech. In this rapid-fire session with top execs who truly get the details, we’ll cover: (1) How EXACTLY is AI changing workflows, roles, costs in originations & servicing?, (2) What organic or M&A growth strategies work best for different lenders?, (3) What multi-channel mix best serves consumers AND loan officers?, (4) How do big players deploy one-stop shop homeownership, and how do the rest compete? You won’t want to miss this — Come join us in NYC! Register here: https://lnkd.in/e9v6tn-F Thanks to Heather/Rocket and Paul/CMG for doing this, and to Mortgage Bankers Association for bringing granular operations and technology discussions to your forums — this is the kind of intel that helps us all transform. 💪🏻 Cheers to the whole MBA team including: Richard Hill, Julie K. Kind, Gabriel Acosta, Peter Grace, Alicia Goncalves, CMB®, Laura Koller Hopkins, AMP, Adam DeSanctis, Ashley Marshall, Robert Broeksmit, Marcia Davies,  Pete Mills, Marina Walsh, CMB, Michael Fratantoni, Dawn Williams, AMP, Shirlene Datcher, Tamara King, Laura Escobar 💪🏻

We’re excited to hear from Julian Hebron, Theo Ellis, CFA, Jay Promisco, Christopher McEntee, and Mark Hansen at #MBALIRC25 as they explore how AI is transforming lending and fintech with real-world applications driving operational change. It’s not too late—join us onsite May 14–17 in San Diego! Register now: https://bit.ly/40Ba0ST

When it comes to mortgage AI, how do you ⏩ move fast and NOT break things? 🦾 And how EXACTLY does AI lower per-loan costs and help LOs, processors, and underwriters?  The answers are coming in Julian’s latest Mortgage Bankers Association lender/tech powerhouse panel with Jay Promisco, Sierra Pacific Mortgage Company, Inc. | Mark Hansen, CMG Mortgage, Inc. | Christopher McEntee, ICE Mortgage Technology | Theo Ellis, CFA, Friday Harbor. They’ll take the main stage this Fri 5/16 at MBA’s #MBALIRC25 Conference in San Diego, and separate AI hype from reality. In addition to real-time analysis, ALL FOUR panelists will demo how AI is powering mortgage production right now! Session details here:  https://lnkd.in/e6VRBcex Come join us, and as always, 🙌🏻 THANK YOU to the killer MBA team 🙌🏻 for prioritizing mortgage tech to drive our industry forward! Richard Hill, Julie K. Kind, Gabriel Acosta, Peter Grace, Alicia Goncalves, CMB®, Laura Koller Hopkins, AMP, Adam DeSanctis, Ashley Marshall, Robert Broeksmit, Marcia Davies,  Pete Mills, Marina Walsh, CMB, Michael Fratantoni, Dawn Williams, AMP, Shirlene Datcher, Tamara King, Laura Escobar

Huge kudos to National Association of Home Builders for their hard work getting tariff exemptions for building materials. Here's a briefing on how their work helps builders and homebuyers. https://lnkd.in/gn3BVcq5

It's totally crazy for Rocket Companies to announce acquisition of 4 moving companies right after buying Redfin and Mr. Cooper, right? Actually, in a one-stop shop homebuying world, it's not crazy at all. Here are 3 diagrams explaining why: https://lnkd.in/gMwB5E7d

Rocket + Mr. Cooper + Redfin = $123 billion in originations for 2024, which creates number 2 originator, behind UWM at $138 billion; and $2.1 trillion in servicing, which is more than 2X next biggest servicer Chase at $978 billion. Hit this post for many other stats on this mega deal... https://lnkd.in/d2XbkRQX Congrats to Rocket and Mr. Cooper on a deal that serves consumers well. And shout to Inside Mortgage Finance Publications for 4Q24 rankings data.

The countdown is on! Save the Date for our 2025 LendingTree Mortgage Summit! 📆 Mark your calendars for Tuesday, November 4th at Sullenberger Aviation Museum in Charlotte, North Carolina! Discover the latest market trends, hear directly from industry experts, and explore cutting-edge technologies designed to streamline your operations and boost efficiency. Whether you're looking to optimize conversions or implement cost-cutting strategies, this summit provides the insights mortgage professionals need to thrive in today's competitive landscape. 🌟 Event Highlights: -Engaging sessions with renowned industry experts and thought leaders -Interactive panel discussions addressing current market challenges -Live demonstrations of innovative technologies that deliver measurable results -Valuable networking opportunities with industry leaders and peers Stay tuned for website and registration information! See you in Charlotte! #LendingTreeMortgageSummit2025 #MortgageInnovation #FinTech #LendingStrategies

Experience 25 is over and believe it or not we already started discussing Experience 2026 already. BUT if you missed #X25 a good friend of mine and industry veteran Julian Hebron founder of the The Basis Point® did a VERY nice job capturing the event. Thank you to the team at The Basis Point®!!! https://lnkd.in/ea2ADY5J