Your Mortgage Matters

With so many changes in the housing market today, how does a Realtor or a consumer adapt to achieve their goals whether for personal financial growth or to increase income? It’s all talked about in this episode of Your Mortgage Matters with guest Broker, Private Real Estate Advisor Stephen Christie. Listen and hear great advice for Realtors, homebuyers, predictions for inventory, interest rates and growth in equity. There is so much opportunity in the market today. The key is to get educated on HOW to approach the market to achieve your goals.

Today’s episode is super quick - less than 10 minutes. But full of information regarding interest rates, home prices, housing supply chain and the labor market. We have predictions and stats from experts in their field with the Mortgage Bankers Association, National Association of Realtors, and others. And of course.....what that means to you. Is it still worth it to buy or sell a home.....find out why the answer is a definite yes.

Lawrence (Larry) McDonald founder of The Bear Traps Report, noted economist, New York Times bestselling author and CNBC contributor joined us on Your Mortgage Matters! Larry is well-known for his expertise regarding investments across all asset classes, risk management and the economy in general.

With so much going on in the market today, we squeezed as much information from him as time would allow. He was a very gracious guest indulging us with answers to everything from Federal Reserve announcements, housing market projections, recommendations for investing opportunities, interest rates and more.

Today we talk about borrowers who are turned away and the growing number of Agency fall-out deals. Hear about actual loan scenarios that include the largest overreaching categories of non-QM borrowers: self-employed, real estate investors and those who are credit challenged. Many of these homebuyers have A-paper profiles and can show their ability-to-repay their loan, they just miss traditional Agency guidelines.

Environmental, Social and Governance (ESG) Investing is a phrase you might start hearing more often as it continues to gain importance. It’s important to deploy capital to meet a social or environmentally impactful need to help underserved borrowers or areas affected by extreme environmental changes. Learn why it is important to create special programs and lending strategies to address underserved borrowers. As well, understand more about the governance framework and regulatory requirements from lenders and investors.

Director of ESG and Regulatory Initiatives with Angel Oak Capital Advisors, Robert McDonough explains why this matters to you and the mortgage industry.

Putting off buying or selling a home because it is the holidays and winter is coming up? Not so fast! This time of the year can provide excellent opportunities for homebuyers, sellers and real estate investors.

We talk to Licensed Branch Manager with Angel Oak Ivy Eilerman and her husband, Rickey Eilerman, who is a highly successful Realtor. They have expert advice on buying, selling and building real estate portfolios.

Today‘s podcast is all about hope! We are talking about non-warrantable condos. What happens when you find out the condo you want is non-warrantable? Not going to happen under Fannie and Freddie!

Mortgage expert Lauren Patin, Underwriting Scenario Desk Analyst for Angel Oak, delivers a message of hope explaining how borrowers with this common challenge can get a loan for a condo that is non-warrantable.

As we all know, the price of homes increased all across the country over the past year. Many borrowers who never thought they were Jumbo borrowers, all of a sudden, became a Jumbo borrower! The challenge….not all Jumbo borrowers fall neatly into Prime qualifications. They need a non-QM Jumbo option to purchase a home. This is not trend, but a scenario that will become more and more common. The answer…..a lender who has multiple Jumbo options including a non-QM product.

Angel Oak Home Loans offers more than just Jumbo Prime and our team includes experts on understanding “A” paper, Prime and non-QM borrowers. In this episode, guests Donnie Walton and Wellborn Price talk about their specific regions and what it means to be a Jumbo borrower.

Host Michael Chabot talks to Sean Becketti, Vice President and Head of Portfolio Analytics at Freddie Mac, about a Research Institute For Housing America (RIHA) special report he authored on climate change and the mortgage industry. According to recent research, climate change triggered by global warming could have an impact on the behavior of portfolio lenders, GSEs, the federal government’s FHA / VA loan program and mortgage investors. This is due to extreme flooding, rising sea levels, and more storm surges that includes increased snow coverage and severe droughts. These extreme changes in elements creates more risk among industry stakeholders.

This is an excellent podcast that explains how the federal government, Fannie Mae, and Freddie Mac are responding to climate risks. Find out what to know about an area before you buy or help a client sell or purchase a home.

We have a quick message for our listeners regarding why we are grateful for you and the ever-changing, always busy mortgage industry. Please listen, like, share and then feel free to share your thankful list! We‘d love to see it and so would others. Happy Thanksgiving!