Rich and Erin discuss the expiration of the QM Patch, how limits on second homes and investment properties are impacting lenders, how "off the MLS" home sales are impacting home values and appraisals, and potential solutions for the inventory issues plaguing the US housing market. 

Highly informative & entertaining Rundown last Friday with Rob Chrisman and Paul Campbell of Equilibrium Mortgage Solutions! We talked through a potential foreclosure ban, creative ideas to help the inventory and affordability crisis's, housing as economic stimulus, and the Biden administration's housing initiatives.

Join TMC COO Rich Swerbinsky for a conversation with Steven A. Milner of US Mortgage Corporation!

Discussion Points:

• Asking prices of newly listed homes reach all-time high
• Employment gains could help housing inventory
• Biden’s proposed infrastructure plan – potential impact to housing industry
• FHFA Amendments to Fannie/Freddie Preferred Stock Purchase Agreements (PSPA)
• HUD Secretary Marcia Fudge won’t cut mortgage insurance premiums
• CFPB warns servicers: “Unprepared is unacceptable”
• Rash of private equity deals reinforces investor interest in mortgages
• The Wholesale Wars – United Wholesale Mortgage/Mat Ishbia – If you do business with Rocket/Fairway you can’t do business with us
• Mortgage rates continue to tick upwards, at highest levels since August, is the Refi Boom over?