Purchase Demand Is Holding Strong—But Affordability Pressures Are Rising - Origination Update by David Kittle

This podcast segment explores why purchase mortgage demand remains resilient despite elevated interest rates, while rising homeowner's insurance costs and property taxes create new affordability challenges for borrowers.-----------------------------------------David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.