On today’s episode of The Big Picture with Rich & Rob, we kicked things off with a sharp look at the Fed’s decision to hold rates steady — a move that brought a sigh of relief to some and a collective eye-roll from others hoping for real movement. We also broke down UWM’s Q1 earnings report, which included a $247M loss and plenty of questions about where the broker channel narrative goes from here. And just when you thought the headlines couldn’t get weirder, we touched on Trump’s first official post-return trade deal... with England, because why not?
The heart of the episode featured an insightful sit-down with Justin Messer, President & CEO of Prosperity Home Mortgage. We covered a lot: shifting signals from Fannie and Freddie, what’s really driving the 2025 housing market, how Prosperity is positioning itself uniquely in a crowded ecosystem, and why scaling smart matters more than scaling fast. Justin also weighed in on the role of AI, how to foster innovation without losing operational discipline, and what true leadership looks like in a market where nothing comes easy. An essential listen for anyone trying to navigate the fog of modern mortgage lending.
