Nearly one month since Donald Trump became President-elect and the industry has already witnessed several significant changes, along with talks of many more to come.
Weighing in on the discussion from an industry standpoint, Mat Ishbia, president and CEO of UWM, included in his December 3 Points video his thoughts on what Trump means for the mortgage industry.
Since getting voted into office, Ishbia has fielded a lot of questions on the future of rates and Dodd-Frank.
Overall, Ishbia states that the industry is going to through a lot of short-term pain for long-term gain.
Skip to 50 seconds to go straight to the second point. However, point one and two address GSE loan limits and refinance mortgages, respectively, and are also informational.
