9.9.26 Conforming Loan Limits; Curinos' Ken Flaherty and Rich Martin on Market Trends; Specified Payups

Rocket is again getting ahead of FHFA by raising conforming loan limits early, potentially to around $853,400, giving lenders a competitive opportunity to capture incremental agency volume and pull borrowers from jumbo financing while weighing the funding, hedging, and basis risk of holding those loans until the new limits become officially deliverable. Robbie interviews Curinos' Ken Flaherty and Rich Martin on the growing home-equity opportunity, using speed as a competitive advantage, reaching the next generation of borrowers, and tracking key mortgage-market trends over the next year. And specified payups have compressed in the selloff as weaker MBS valuations, higher volatility, and reduced liquidity diminish the value investors place on prepayment protection, making it important for lenders to use more conservative payup assumptions and avoid relying on historical premiums when pricing and hedging specified production. This week’s podcasts are sponsored by NFTYDoor, the white-label HELOC platform for banks, credit unions, and brokers. Close in zero days with warehouse funding. Power your home equity lending with NFTYDoor. Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.