Rich and Rob(bie) kicked off today’s episode with a deep dive into some of the most pressing topics impacting the housing and mortgage industries. The discussion began with an analysis of President Trump’s recent executive order aimed at reducing housing costs through actions that bypass Congressional approval. The conversation also tackled the likelihood of Mexico, Canada, and China caving to Trump’s tariff threats and how these moves could impact mortgage rates in the short term.
The discussion then transitioned to an insightful conversation with Peter Benjamin, President of the American Credit Union Mortgage Association (ACUMA). Peter shared his perspective on industry trends, the challenges and opportunities credit unions face in today’s market, and ACUMA’s role in guiding its members through these dynamic times. Topics included how credit unions are adapting to rising interest rates and affordability pressures, their role in addressing affordable housing shortages, and the adoption of technology to streamline processes and improve member experiences.