MReport Jan 2019

TheMReport — News and strategies for the evolving mortgage marketplace.

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64 | TH E M R EP O RT Rough Start Housing experts are predicting some bumps ahead—here are the indicators to watch. "broken" Former Treasury Secretary Timothy Geithner recently warned that the current political climate is a threat to the economy, going further to say, "No economy can be stronger than its political system." "sound the alarm" Business Insider writer Ethel Jiang commenting on what it means for the market that Douglas C. Yearly, Jr., predicted a housing slowdown in 2019. Yearly is the CEO of one of the nation's largest builders, Toll Brothers. "right leader to reform and refocus" White House statement regarding the confirmation of Kathy Kraninger as Director of the Bureau of Consumer Financial Protection. "Time is not our friend." Adolfo Marzol, senior advisers to HUD Secretary Ben Carson, on how inflated home appraisals are driving losses at the Federal Housing Administration. "canary in the coal mine" Markus Scholmer, an opinion contributor for The Hill, on whether stresses in the housing market indicate the U.S. is slipping into a recession. FINAL THOUGHTS

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