Today’s edition of The Big Picture was packed, as Rob Chrisman and I tackled another wild week in housing and finance. We covered the congressional investigation into Trump’s attempt to dismantle the CFPB, UWM’s move to bring servicing in-house amid 401k mismanagement allegations, and Bill Pulte’s bold ideas to boost GSE productivity. We also dug into this morning’s weak jobless claims report and previewed tomorrow’s April jobs print - all against the backdrop of a news cycle that feels like it was written by caffeine and chaos.
We were joined by Sarah Middleton, Chief Growth and Marketing Officer at Supreme Lending, who shared insights on Supreme’s growth strategy, the current mortgage recruiting market and questions LO's should be asking, and what's most important for mortgage lenders to thrive through up and down cycles.