This week on The Pulse, Jennifer & I are cut through the noise on three major stories shaping the mortgage industry:

1. Better: Genius Visionary or Fiduciary Failure?
Better’s numbers were finally improving. Did the board push Vishal Garg out just as his strategy was starting to work, or was it simply too little, too late?

2. UWM: On Its Way Out…or Reloading?
A $451M loss and a suspended dividend vs. $39.7B in quarterly originations and a $2.05B lifeline from Oaktree. Is UWM in trouble, or positioning itself to dominate wholesale when the market turns?

3. Non-QM Breaks 10% Market Share
DSCR and bank statement loans are surging as conventional lending loses ground. Is Non-QM the lifeline loan officers need, or a growing credit risk the industry should be watching?

The Pulse: Less noise. More of what’s actually moving housing.

Jennifer McGuinness-Lubbert and I are back next Tuesday breaking down three stories that could have lasting implications for the mortgage industry—not just next quarter, but for years to come.

This week's conversation:
• UWM's capital infusion from Oaktree
• loanDepot and NEXA's latest move
• Should second-lien HELOCs still have a place in today's market?

Join us next Tuesday at 1PM EST as we separate the noise from the signal.

We’re back this Tuesday.

On The Pulse, Jennifer McGuinness-Lubbert & I look beyond the headlines, separate signal from noise, and unpack the stories that could shape the future of housing.

This week:

• Should the industry be calling for a recession? Jen and I don’t agree on this one…
• Are income-based underwriting requirements broken?
• What should the Fed be prioritizing with their task forces?

Join us Tuesday at 1 PM EST.