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.