Linkage: core lending market themes
My phone and desktop browser tabs are out of control with stories I normally put into this Originations linkfest. So here goes a big list from in (mostly) reverse chronological order. These are all topics that are ongoing themes in lending markets, so I couldn’t close tabs before saving these for posterity:
-Startups Crash Real Estate Brokerage Market (WSJ
-How regulations are changing banking culture (WSJ)
-The mighty Josh Brown says banks should love how regulations are preserving their low-innovation culture (ReformedBroker)
-Mortgage default probabilities by Agency, FHA, Non-Agency (Urban Institute)
-Will Fannie/Freddie need another bailout? Great analysis by Joe Light (WSJ)
-And more good analysis by Joe Light on non-agency mortgage market (WSJ)
-Ridiculously awesome church-turned-home that sold in SF earlier this year (651 Dolores, SF)
-Speaking of which: High End Sales Will Continue To Slide in SF, NYC (CoreLogic)
-Subprime securitization is back, here’s what it consists of (NationalMortgageNews)
-VIDEO: Merle Hazard sings Hee-Haw style about interest rates (Youtube)
-Is there really any difference between marketplace lenders and traditional financial companies? (AmericanBanker)
-Are we at the start of a major move higher in yields? (Global Macro Trading)
-The recent wage growth conundrum (SF Fed)
-Fastest wage growth pace for 25-54 year olds since 2009 (Bloomberg)
-Great primer on labor force participation by Bill McBride (CalculatedRisk)
-Unicorns will shed blood but casualties will be less than expected (Zack Mansfield)
-Why TRUMP MORTGAGE failed (Washington Post)
-Tips on home related tax deductions–nothing new in here, just noting it because even WSJ needs clicks (WSJ)
-Guaranteed Rate ordered to pay smaller mortgage company $23m for file theft (Reuters)
-What the $14 trillion mortgage market has in common with Tinder (TheStreet)
-Lenders freaking out about London property market woes (Bloomberg)
-NYC real estate market about to crash according to CNBC OG Ron Insana (CNBC)
-VIDEO: John Oliver on credit reports. A must watch (YouTube)
-How to master shopping for a mortgage online (Money)
-What Fintech gets wrong about mortgage. Spoiler alert: compliance (NationalMortgageNews)
-Lending Club knew about and was warned by investors about their compliance issues (Bloomberg)
-Conflicts of interest in the marketplace lender struggles of late (Josh Brown)
-How a low credit score can derail a jumbo mortgage (Jumbo Jungle)
-Why are both sides happy in Zillow vs. Move battle? (HousingWire)
And finally, this one is the thing I’ve been struggling with the most for about 3 years now. It’s probably the shortest read on this list, and the most universally useful…
-Productivity is less about time management than about mind management (Dave Kadavy)