No Surrender with Greg Sher, Erin Dee & Coby Hakalir

MBA President & CEO Bob Broeksmit joins Erin Dee and Coby Hakalir for a candid conversation about the state of the mortgage industry, the fight for housing affordability, and what's ahead in 2027.

From MBA's new Homebase initiative for loan officers to credit reporting reform, regulatory challenges, and the potential impact of the midterm elections, Bob shares his perspective on the policies and priorities shaping the future of mortgage lending.

Then, Erin and Coby dig into the latest housing headlines:

• Builders Under Pressure: PulteGroup's earnings, rising construction costs, and growing affordability challenges.
• The Homeownership Squeeze: Why even existing homeowners are struggling to afford today's market.
• The Midterm Shakeup: What a potential shift in congressional control could mean for housing policy and the mortgage industry.

Big conversations, industry insights, and plenty of classic No Surrender banter.

On the next No Surrender, we're gonna tackle:

- 𝗠𝗮𝗿𝗸-𝘁𝗼-𝗠𝗮𝗸𝗲-𝗕𝗲𝗹𝗶𝗲𝘃𝗲: A new proposal creates concern over MSR valuation
- 𝗙𝗮𝗻𝗻𝗶𝗲 𝗧𝗲𝗮𝗿𝘀 𝗨𝗽 𝘁𝗵𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 7.5% rates the new norm?
- 𝗠𝗕𝗔 𝗢𝗽𝗲𝗻𝘀 𝘁𝗵𝗲 𝗗𝗼𝗼𝗿 𝘁𝗼 𝗟𝗢𝘀: A new era for the MBA?
- 𝗔𝗥𝗠𝘀 𝗥𝗮𝗰𝗲: non-QM and ARM loans take more share. Yes! Or Yikes!??
- 𝗧𝗵𝗲 𝗕𝗶𝗴 𝗦𝗵𝗼𝗿𝘁 𝗚𝗼𝗲𝘀 𝗟𝗼𝗻𝗴 𝗼𝗻 𝗗𝗼𝗼𝗺: Burry, the AI bubble, and what it means for housing

Join us LIVE Thursday at 1PM ET.

On the next No Surrender Podcast:

- We welcome special guest Mark McArdle
- The Great Pulte Pullout
- Forecast vs. Reality: The gang reconvenes the debate
- A recap of MBA Annual
- Credit Chaos

Join Erin, Coby & me LIVE Thursday at 1PM ET.

Hot takes. Fierce debates. No Surrender.

After a wild few days at the HousingWire MBS in Dallas, we are back & ready to unpack:

- Dallas: unfiltered. The gang breaks down a surreal couple of days at HousingWire MBS
- FICO: the death of a monopoly?
- Will the midterms bring us a “purple” congress?
- Builders facing a multi-front battle. Can they win the war?
- Jobs: more people looking and mortgage jobs shrinking
- Better: Vishal pulls off his own Rocky II

Join us Thursday at 1PM ET.

Hot takes. Fierce debates. No Surrender.

No Surrender Podcast is LIVE from the HousingWire Mortgage Banking Summit! 🎙️

We’re sitting down with Mike Kortas of NEXA and getting the latest from HousingWire Chief Economist & Lead Analyst Logan Mohtashami.

Episode 20 is all over the housing map — in the best way.

Greg, Erin and Coby get into Realtors stepping into the loan officer lane, whether retail LOs are becoming an endangered species, and why AI companies might need a lesson in both paying their bills and selling their products.

Plus, the latest on UAD 3.6, GSEs buying more MBS while those LLPA findings remain MIA, whether waiting on a recession to save housing actually makes sense, and the Fed’s latest move in the middle of an energy crisis.

Hot takes. Fierce debates. No Surrender.

Here’s what’s on deck for Episode 19 on the No Surrender Podcast:

• Warsh with another big day. We break it down.
• What America is Googling at 2am
• A $500 watch, a $5000 check and an interest tab that will have our kids working til they’re 90
• AI will end the world (terms and conditions apply)
• Mega lenders and Quiet Failures
• Two scores, One Loan
• Rocket cut in, but was it FHFA’s dance?
• Underwriting since 2008: did we go too far?

All that, and much more, as the most popular show in housing keeps on rollin’.

Surprise guest Vishal Garg joins No Surrender for a candid conversation about what happened at Better, his fight to regain control, what he’d do differently, and where he sees the company—and mortgage technology—going next.

Then Greg, Erin and Coby get into Pulte’s latest LLPA tease, cosplay as Bob Broeksmit’s MBA Annual speechwriters, break down the industry’s readiness for UAD 3.6, look at banks creeping back into mortgage, and reflect on the 25th anniversary of 9/11.

The bond market is big mad, UWM’s fallout keeps getting messier, and the housing industry’s closed-loop race is heating up.

This week on No Surrender, Greg, Erin and Coby break down what the weakening jobs picture could mean for mortgage rates, debate the Wall Street Journal’s take on nonbank FHA lending, and unpack Rocket’s increasingly public push for UWM brokers. Plus: why the industry may have Gen Z homebuyers all wrong, the growing push toward real estate-mortgage-title ecosystems, and whether agents becoming loan officers creates opportunity—or a whole new set of problems.

And, naturally, Greg kicks things off with another "Sher"-nanigan: If you find someone’s wallet, are you looking inside?

Here’s the rundown this Thursday on the No Surrender Podcast.

• Goodbye Dolly: Happy Trails to a Legend
• Nexa/UMortgage: Singing Kumbaya in the Broker Channel
• Data Center Drama: AI Slops over into Housing
• Does the industry need Federal non-bank oversight?
• Bessent’s Blooper Reel
• A Bloodbath at Fannie
• Vantagescore adoption: Rocket and UWM Leaning In
• LO Comp Creativity
• Beware the Credit Bundle

Is eating ONE grape at the grocery store stealing? 🍇 We settle the debate once and for all… before getting into some slightly more consequential issues.

This week, Greg, Erin and Coby dig into the escalating battle between Vishal Garg and Better, the growing signs of stress across the U.S. consumer, rising FHA delinquencies, the explosion of Buy Now, Pay Later, and why thousands of conventional borrowers are refinancing into FHA loans. They also debate whether homeowners are tapping too much equity — and what all of these seemingly small warning signs could mean when you put them together.

Plus, the question hanging over the entire conversation: Are we being “doomers”… or just paying attention to the data?

It’s another unfiltered episode of No Surrender — where housing opinions collide.

Hot Takes. Fierce Debates. No Surrender.

This week on No Surrender, the pressure is building across housing, the economy, and Washington.

This Thursday's topics:

• Pulte is calling out builders for snubbing first-time buyers, but is the administration's own policy doing the same thing?
• July jobs numbers show cracks in the labor market. Does this seal a September Fed cut? Plus: those Trump-Warsh calls, and Lisa Cook's clock is ticking on fraud allegations.
• Kashkari says consumers are doing just fine, and Bessent calls them “buoyant” Does the data back them up?
• Rocket's Q2 is out: is the Flywheel actually spinning?
• UWM's board is under pressure to oust Ishbia after a massive hedge loss. Fair, or overblown?
• Trump distances himself from the GOP, Tucker launches a new political movement, and the debate over Tucker’s real motivations

Join me this Thursday at 1PM ET with Erin and Coby.

Hot Takes. Fierce Debates. No Surrender.

This week's show is shaping up to be one of our most wide-ranging yet. Between executive shakeups, policy battles, global market questions, political drama, and of course, Erin’s big announcement, there’s plenty to unpack.

This week's topics:

- Vishal Garg out as Better’s CEO
- Are immigration policies a major headwind for housing?
- Layoffs and a wave of consolidation coming?
- What does the 10-year have to do with Japan?
- Trump throwing in the towel in November?

Whether you agree with us or not, you'll have plenty to talk about after the show.

This week on No Surrender, one of the biggest political stories of the week takes center stage.

Dr. Anthony Fauci's Senate hearing, where he repeatedly invoked the Fifth Amendment while facing questions about the government's COVID-19 response and pandemic-era decisions, is already fueling heated debate across the country. We'll unpack what happened, where we stand, and why it matters.

We'll also break down the Fed's latest rate decision and what it could mean for mortgage rates, affordability, and the housing market, along with the growing battle over private listings, a debate raising big questions about transparency, competition, and who really benefits.

This week on No Surrender...

We're connecting the dots between affordability, policy, the economy, and the people trying to navigate it all. Some of these topics have been building for months. Others are changing by the day.

We're going to breakdown:

🔥 The debate over the age of first time home buyers.
🔥 Veterans caught between VASP and VA Partial Claims.
🔥 Is a recession coming and how do we feel about it
🔥 Peeling back the layers of building your personal brand.
🔥 What does a blue wave in November mean for housing?

LIVE Thursday at 1PM EST. Hope you can join us.

This week on No Surrender... we've got a lot to say.

Join us as we breakdown:

🔥 Lending Tree says 1 in 10 Homes in the US are Vacant
🔥 Starter Homes: Are first-time buyers entitled, or do we have a cost-to-build problem?
🔥 Big changes coming to Condo lending. Is the industry ready? Can the market bear it?
🔥 We say a final goodbye to Lindsey Graham.
🔥 Trump Accounts are here. What does the gang have to say?
🔥 More signs of the conventional credit box tightening?
🔥 Another TCPA lawsuit hits the industry. Noise or signal?
🔥 Fed Tax Forces? Warsh's proposal could reshape the Fed as we know it.
🔥 Will the supply crisis get solved by Americans having less babies?

🚨This week on No Surrender:

From student loan repayments and AI to credit policy and the latest jobs report, we're unpacking the stories that could have lasting effects on borrowers, lenders, and the housing market.

🔥 Recruiting Ethics in our industry: Where's the line?
🔥 Foreclosures at 6 year high? What's the data telling us?
🔥 SAVE student loan repayments ending: What happens next?
🔥 AI: Consumer sentiment says one thing. Venture capital says another.
🔥 Fannie further tightens the credit box: What are the downstream impacts?
🔥 Wall Street's BLS protest: What's behind the backlash?

Episode 8 kicks off with a surprise as Greg, Erin, and Coby welcome some very special guests—their moms—for laughs, stories, and a side of No Surrender you've never seen before.

Then the gloves come off as the crew dives into some of the biggest stories impacting housing and mortgage:

🔥 Proposed VA funding fee increases
🔥 Pulte's title waiver pilot
🔥 GSE construction lending
🔥 UWM & CrossCountry developments
🔥 Non-QM market trends
🔥 Federal Reserve independence
🔥 Student loan reform and housing affordability

Hot takes. Fierce Debates. No Surrender.

What do Alan Greenspan, TikTok real estate advice, AI-generated lawsuits, builder downgrades, state regulators, and geopolitical tensions have in common? All of it impacts housing...and we're breaking it all down LIVE.

🔥 The impact of "doomers" on SM
🔥 Greenspan's Legacy
🔥 CHLA's Concerns Over State Regulators
🔥 AI Lawsuits Causing Heartburn
🔥 Builders Downgraded by Fitch
🔥 War / No War? What It Means for Housing

Grab your lunch and join us Thursday at 1PM ET. 🎙️🔥 Erin Dee, MBA Coby Hakalir

🚨 This Week on 𝐍𝐨 𝐒𝐮𝐫𝐫𝐞𝐧𝐝𝐞𝐫:

The headlines keep coming, and we're bringing reinforcements.

Joining us Thursday will be a special guest appearance as we tackle some of the biggest stories in housing and mortgage:

🔥 Fighting with the "Credit Cartel"
🔥 FHA Premium Cuts
🔥 Warsh's First Fed Meeting as Chair
🔥 Figure's Big Move & The Future of Mortgage Finance
🔥 MISMO Launches FRAME AI Governance Toolkit

If you've got opinions on where this industry is headed, this is the conversation you won't want to miss.

LIVE Thursday at 1PM ET with Erin Dee, MBA & Coby Hakalir🎙️🔥