Some brokerages are what I sometimes think of as “Lily Pads” because they’re waystations where agents sometimes go—albeit briefly—to level up their commission splits. And then they move on. Lily Pad brokerages attract and recruit based on a higher split, but fail to retain a cohesive team because they don’t lead with a culture focused […]
Culture over commission: Building a top-producing team that lasts Read More »
Will mortgage rates go higher if the government takes the GSEs out of conservatorship? Many people would say yes if there were no government backing of these two giants, but on Tuesday evening the calculus changed. In a social media post on Tuesday, President Trump expressed his intention to transition the government-sponsored enterprises (GSEs) out
What implicit guarantee means for rates on GSEs’ release Read More »
President Trump last week promised a quick answer on whether to remove Fannie Mae and Freddie Mac from government conservatorship. And it appears he’s already reached a decision: it’s time to take them ‘public.’ In a post published on Truth Social Tuesday night, Trump wrote: Our great Mortgage Agencies, Fannie Mae and Freddie Mac, provide
Trump: I’m taking Fannie and Freddie ‘public’ with implicit guarantee Read More »