Jeff Walton’s Post

The U.S. consumer debt reached $17.8T in Q224 according to the Federal Reserve Bank of New York. But interestingly, credit scores are up - significantly - too. Optimal Blue's August Market Advantage shows that credit scores for Federal Housing Administration and HUD Office of Housing borrowers are the highest in seven years, with an average of 675.3, and the average credit score across all production in August 2024 was 731. Credit scores have become so easily accessible and consumers seem to be watching them.   #actionableintelligence #growthmultiplier #ingeniuslyspeaking

I guess it's something: Mortgage Bankers Association's Purchase Applications Payment Index (PAPI) says affordability improved in July. Not sure if a $27 decrease in the national median payment for purchase applicants is enough to shake the market just yet. That median payment only moderated from $2167 in June to $2140 in July. BUT, there's the highly anticipated Fed rate cut expected this week…   #actionableintelligence #growthmultiplier #ingeniuslyspeaking

Great couple of days at NAHREP - National Association of Hispanic Real Estate Professionals® at L'Attitude! The U.S. Bank reception was amazing Lenny McNeill! Stuart Jones and I have caught up with a lot of colleagues... NAHREP has done a great job intersecting business and cultura! #actionableintelligence #growthmultiplier #ingeniuslyspeaking

More great times at #DIGMO24! Connected with Sue Woodard and Michael Guidotti of American Pacific Mortgage...and congrats to Varant Herculian who absolutely crushed the InGenius demo! #actionableintelligence #growthmultiplier #ingeniuslyspeaking

In San Diego for #DIGMO24! Caught up with Greta Varvell and checking out the super panel led by Julian Hebron, featuring Jason Bressler, Jeremy Collett, Sridhar Sharma, and Chad Smith, AMP!

I'm excited to be attending the DIGITAL MORTGAGE 2024 conference, at the Manchester Grand Hyatt, San Diego, CA. At DIGITAL MORTGAGE, industry leaders will convene for the latest insights and innovations that create efficiencies, improve customer experiences and generate new revenue opportunities. Don’t miss this chance to join the strategic conversations that will drive the sector forward. To join me click here https://lnkd.in/gY5ENweB , or let me know if you plan to be there so we can connect! #DIGMOevent #DigitalMortgage #MortgageIndustry #TechInMortgage

Here we go: Varant Herculian and I are headed to San Diego for National Mortgage News' Digital Mortgage Conference - #DIGMO2024! Come and check out our presentation! #actionableintelligence #growthmultiplier #ingeniuslyspeaking