Optimal Insights - Mortgage Data & Capital Markets Insights

In this week’s episode of Optimal Insights, Jim Glennon and Alex Hebner break down a headline‑driven market week: institutional home‑buyer bans under consideration, a proposed directive for the GSEs to purchase $200B in MBS, and the DOJ’s criminal investigation into Fed Chair Jerome Powell – all against fresh jobs data and a live rate backdrop (OBMMI ~6.04%, 10‑year near 4.18%). Closing out the market update, they analyze affordability proposals (institutional buying, credit‑card rate caps) and labor trends. Then Jim, Mike Vough, and Kevin Foley outline mortgage trends to watch in 2026: a steepening yield curve and rising ARM share; the “couch‑cushion effect” for deal structuring (insurance, taxes, HELOCs); evolving mortgage spreads; the rise of specified payups; and non‑QM’s continued expansion. Optimal Insights Team: Jim Glennon, Senior Vice President of Hedging and Trading OperationsAlex Hebner, Hedge Account ManagerMike Vough, Senior Vice President, Corporate StrategyKevin Foley, Director of Product Management Production Team:Executive Producer: Sara HoltzProducer: Matt Gilhooly Commentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

In this bonus episode of Optimal Insights, Jim Glennon and James Cahill break down the market’s reaction to news that the administration may direct the GSEs to purchase up to $200 billion in agency MBS. They discuss why this sparked a swift rally, how bond selection (30s vs. 15s, coupon targets, and whether Ginnie Mae paper is included) will determine the real impact, and why the scale is modest compared to pandemic-era quantitative easing.Key Points DiscussedMarket rallied on the $200 billion MBS purchase chatter; immediate price action versus operational realityCritical unknowns: which bonds, coupons, and whether Ginnie Mae/FHA/VA are included to target first-time affordabilityPossible policy path: tightening mortgage spreads via GSE activity, G-fee and LLPA tweaks, and Fed portfolio runoff adjustments under new leadershipOptimal Insights Team:Jim Glennon, Senior Vice President of Hedging and Trading OperationsJames Cahill, MSF/MSR Account ManagerProduction Team:Executive Producer: Sara HoltzProducer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

In this episode of Optimal Insights, the team dives into key developments shaping the mortgage industry as we enter 2026. They cover labor market stability, Fed leadership changes, geopolitical tensions following U.S. action in Venezuela, and what these mean for rates and originators. The discussion also includes the December Market Advantage review, highlighting origination trends, non-QM growth, and secondary market dynamics.Highlights:Labor market and unemployment trendsFed policy and leadership changesGeopolitical developments and rate implicationsOrigination performance and non-QM opportunitiesSecondary market and servicing trendsOptimal Insights Team: Jim Glennon, Senior Vice President of Hedging and Trading Operations Alex Hebner, Hedge Account Manager Mike Vough, Senior Vice President, Corporate Strategy Brennan O’Connell, Director of Data SolutionsProduction Team: Executive Producer: Sara Holtz Producer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Lock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile LockingOptimal Blue Summit 2026 | February 23-25 | Scottsdale, ArizonaIn case you missed it – Optimal Blue has announced the dates for its 2026 Summit! Join us February 23 – 25 at Talking Stick Resort and Conference Center in Scottsdale, Arizona, for a client-exclusive event packed with strategic insight and innovation. Attendees will gain early access to Optimal Blue’s latest generative AI and automation tools, dive into expert-led sessions on pricing, compliance and more, and experience hands-on demos of new capabilities. Plus, it’s a chance to connect with capital markets pros, integration partners, and mortgage insiders—all while gaining actionable strategies to maximize profitability and sharpen your competitive edge. The Optimal Blue Summit: where proven mortgage expertise meets modern innovation to shape what's next. Early bird registration is now open at Summit.OptimalBlue.com – space is limited, so register today! News release: https://www2.optimalblue.com/optimal-blue-to-host-its-2026-summit-february-23-25-in-scottsdale Registration: Summit.OptimalBlue.com Summit -...

In this final episode of the year, Optimal Insights dives into critical market updates and a forward-looking preview of 2026. Host Jim Glennon is joined by Alex Hebner and James Cahill to analyze recent Bureau of Labor Statistics data, including unemployment trends and inflation surprises. They explore why job losses in government sectors and healthcare growth are shaping labor dynamics, and discuss the implications of CPI data anomalies on inflation readings.The conversation then shifts to 2026 outlooks:Interest Rates: Expect stability with limited downward pressure despite potential Fed rate cuts.Federal Reserve Changes: Anticipated turnover in voting members could influence monetary policy and rate paths.Housing Market: Possible affordability initiatives, homebuilder engagement, and HELOC trends may drive activity.Industry Factors: GSE privatization, credit score model updates, and deregulation could reshape mortgage operations.The episode closes with holiday traditions and reflections, offering a lighter note after a year of economic uncertainty.Optimal Insights Team: Jim Glennon, Senior Vice President of Hedging and Trading Operations Alex Hebner, Hedge Account Manager James Cahill, MSF/MSR Account ManagerProduction Team: Executive Producer: Sara Holtz Producer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Schedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OILock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile...

In this week’s episode of Optimal Insights, Jim Glennon, Alex Hebner, James Cahill, and Kevin Foley discuss the Fed’s final rate cut of 2025, labor market uncertainty, and the biggest economic events shaping mortgage rates. They share expert insights on tariffs, tech-driven capital spending, housing trends, and regulatory changes, offering a clear picture of what to expect in 2026.Key Points Discussed:Market update and Fed policy outlookFed’s final 2025 rate cut and hawkish toneLabor market uncertainty and job revisionsUpward pressure on rates from tech investment, tariffs, and volatilityDownward pressure from global conflicts and softening labor marketHousing market slowdown and regional trendsRegulatory changes and FHFA’s creative proposalsAI’s influence on economic dynamics and capital spendingOptimal Insights Team:Jim Glennon, Senior Vice President of Hedging and Trading OperationsAlex Hebner, Hedge Account ManagerJames Cahill, MSF/MSR Account ManagerKevin Foley, Director of Product ManagementProduction Team:Executive Producer: Sara HoltzProducer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Lock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile LockingSchedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OI

In this episode of Optimal Insights, host Jim Glennon is joined by James Cahill and Alex Hebner for a deep dive into the latest market trends and economic signals as we approach year-end. They discuss the impact of tariffs, inflation trends, and employment data, highlighting how these factors influence interest rates and mortgage activity. The conversation covers the Fed’s upcoming meeting, expected rate cuts, and the implications of leadership changes in early 2026.Later, Brennan O’Connell and Mike Vough preview the November 2025 Market Advantage Report, analyzing origination trends, lock volumes, rate movements, and secondary market execution strategies. Key insights include strong refinance activity, non-QM growth, and evolving investor behaviors.Subscribe to the Market Advantage Report to receive the data directly in your inbox: https://www2.optimalblue.com/market-advantageKey Points Discussed:Tariffs and potential Supreme Court ruling on legality.Inflation easing to 2.7% and its effect on rate expectations.Private payroll contraction and small business challenges.Anticipated Fed rate cut and leadership turnover in 2026.November lock volume trends and non-QM share hitting 9%.Secondary market execution shifts and MSR valuation changes.Optimal Insights Team:Jim Glennon, Senior Vice President, Hedging and Trading OperationsAlex Hebner, Hedge Account ManagerJames Cahill, MSF/MSR Account ManagerMike Vough, Senior Vice President, Corporate StrategyBrennan O’Connell, Director of Data SolutionsProduction Team:Executive Producer: Sara HoltzProducer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Lock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile LockingSchedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in...

In this episode, the Optimal Insights team analyzes the lingering effects of the recent government shutdown on economic data and market sentiment. With limited new data available, the conversation centers on the upcoming FOMC meeting, the evolving composition of the Federal Reserve, and the implications for mortgage rates and market confidence.Jim Glennon, Alex Hebner, and James Cahill discuss the increasing dissent within the Fed, the impact on rate expectations, and the potential for significant changes in 2026 as new appointments are made. They also touch on the influence of private payrolls and PCE data, the uncertainty in long-term rates, and the anticipated nomination of Kevin Hassett as the next Fed chair.Key Points:Government shutdown has delayed key economic data, increasing market uncertainty.Upcoming FOMC meeting and rate decision are pivotal for the mortgage industry.Rising dissent within the Fed could lead to greater volatility in rate expectations.Mortgage rates remain stubbornly above 6%, with spreads tightening.Optimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesAlex Hebner, Hedge Account Manager, Optimal BlueJames Cahill, MSF/MSR Account ManagerProduction Team:Executive Producer: Sara HoltzProducer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Schedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OILock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile Locking

In this episode of Optimal Insights, James Cahill, Alex Hebner, and Kevin Foley share the latest economic updates, covering mortgage rates, Fed rate cut probabilities, and unemployment trends. Then Jim Glennon and Vimi Vasudeva discuss key takeaways from the IMN MSR Conference, including MSR market dynamics, PennyMac’s push for recapture valuation standardization, and creative home equity products like HEI and HELOCs for seniors.Mortgage rates remain high, but volume is strongFed rate cut probabilities fluctuate amid data uncertaintyMSR market shifts toward strategic bulk bidsPennyMac pushes CFPB for recapture valuation standardizationInnovative home equity solutions for seniors and investorsOptimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesAlex Hebner, Hedge Account Manager, Optimal BlueJames Cahill, MSF/MSR Account ManagerKevin Foley, Director of Product Management, Optimal BlueVimi Vasudeva, Managing Director of Hedging and Trading Client ServicesProduction Team:Executive Producer: Sara HoltzProducer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Lock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile LockingSchedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OI

In this episode of Optimal Insights, host Jim Glennon is joined by Alex Hebner and James Cahill to unpack the latest developments in the mortgage and macroeconomic landscape. The team discusses the reopening of the U.S. government, the delayed release of September jobs data, and the implications of widespread layoffs in October. They explore the evolving rhetoric around Fed rate cuts, inflation concerns, and the shifting stance of key Fed governors.The episode also features the new Market Advantage segment with Mike Vough and Brennan O’Connell, highlighting October’s mortgage production trends, rate movements, and secondary market dynamics. Notable insights include the rise in non-QM lending, increased pull-through rates, and a shift in servicing retention strategies.Key Topics Covered:Government shutdown resolution and data delaysFed rate cut uncertainty and inflation signalsFHFA proposals: LLPAs, 50-year mortgages, assumable loansMarket Advantage insights: lock volume, rate spreads, servicing multiplesEmerging HELOC models resembling reverse mortgagesTune in to gain valuable insights to help you stay ahead and maximize your results in the ever-evolving mortgage landscape.Optimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesAlex Hebner, Hedge Account Manager, Optimal BlueJames Cahill, MSF/MSR Account ManagerMarket Advantage Section:Mike Vough, Head of Corporate Strategy, Optimal BlueBrennan O’Connell, Director of Data Solutions, Optimal BlueOptimal Blue Production Team:Executive Producer: Sara HoltzProducer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Lock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile LockingSchedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OI

Welcome to the Market Advantage! Hosts Olivia DeLancey, Brennan O’Connell, and Mike Vough break down October’s mortgage market data, highlighting production trends, rate environment shifts, and secondary market insights.Special Announcement:Market Advantage is merging with Optimal Insights! This move will allow us to deliver timely mortgage data and analysis to the public even faster. Stay tuned for future episodes under the Optimal Insights banner.Key Takeaways:October’s market activity shifted compared to previous months, reflecting both seasonal patterns and broader market momentum.Purchase and refinance activity showed typical seasonal changes, but with some notable differences in how each segment performed.Mortgage rates moved in a favorable direction, influenced by both macroeconomic factors and market-specific dynamics.The gap between mortgage rates and Treasury yields narrowed, signaling changes in investor sentiment and pricing power.Lenders adjusted their strategies for loan sales, prioritizing certain execution channels and responding to changing market incentives.Servicing approaches shifted, with valuations rising and lenders reconsidering the balance between immediate returns and long-term relationships.Links and Resources:Subscribe to the Market Advantage data reportFollow the Optimal Insights podcastSubscribe to Optimal Blue’s YouTube channelFollow Optimal Blue on LinkedInCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

In this episode, the Optimal Insights team dives into the latest market developments, including the potential resolution of the government shutdown, consumer sentiment data, and the controversial proposal of a 50-year mortgage. The team discusses affordability challenges, LLPAs, and the broader implications for first-time homebuyers.Special guest Anita Padilla-Fitzgerald shares her inspiring journey from receptionist to CEO, her vision for empowering loan officers through technology, and the role of AI in transforming mortgage operations. Her insights into LoanMaps and the Rule Tool highlight the importance of data integrity, cost reduction, and trust in tech-driven solutions.Key Topics:Government shutdown updates and implications for SNAP and ACAMarket data: OBMMI trends, consumer sentiment indexAffordability innovations: 50-year mortgage debateTechnology in mortgage: LoanMaps, Rule Tool, and AI applicationsEmpowering women in fintech and leadershipTune in to gain valuable insights to help you stay ahead in the ever-evolving mortgage landscape.Optimal Insights Team:Jim Glennon, VP of Hedging and Trading Client ServicesAlex Hebner, Hedge Account Manager, Optimal BlueJames Cahill, MSF/MSR Account ManagerKevin Foley, Director of Product Management, Optimal BlueSpecial Guest:Anita Padilla-Fitzgerald, Founder & CEO, MegaStar; Founder & CEO, Take3 TechnologiesOptimal Blue Production Team:Executive Producer: Sara HoltzProducer: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Schedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OILock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile Locking

In this episode of Optimal Insights, the team dives into the latest macroeconomic developments shaping the mortgage industry. Topics include the recent Fed rate cut and Chairman Powell’s unexpected commentary, which sent shockwaves through the markets. The team explores the implications of rising interest rates, the evolving labor market, and the impact of AI and borrowing costs on hiring trends.They also discuss FHFA leadership changes, potential shifts in mortgage pricing, and the broader effects of international trade relations and tariffs. The conversation highlights the uncertainty surrounding future rate cuts, the role of asset prices, and the potential restructuring of LLPAs and credit scoring models.Key Insights:For many, the Fed’s quarter-point rate cut raised more questions than answers, especially with Powell’s “far from it” comment regarding future cuts.FHFA leadership changes and social media commentary hint at possible mortgage pricing reforms.Supreme Court hearings on tariffs could have wide-reaching implications for inflation and trade policy.Tune in to gain valuable insights to help you stay ahead and maximize your profitability in the ever-evolving mortgage landscape.Optimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesAlex Hebner, Hedge Account ManagerKevin Foley, Director of Product ManagementOptimal Blue Production Team:Executive Producer: Sara HoltzProducers: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Schedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OILock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile Locking

In this episode of Optimal Insights, Jim Glennon is joined by Alex Hebner, Kevin Foley, and Vimi Vasudeva to discuss the latest developments shaping the mortgage industry. The team explores the implications of sparse economic data, including CPI and labor trends, and previews the upcoming Fed meeting. They also dive into the FHFA’s potential pricing reforms, including LLPA and G-fee adjustments, and recap key takeaways from the MBA Annual Conference. Vimi also shares insights from her panel on the newly passed trigger lead legislation, explaining how it could improve borrower retention and MSR value.Key Topics Covered:Sparse Economic Data: CPI came in at 3.0%, slightly below expectations. Government shutdown may delay future data releases.Geopolitical Developments: Trade negotiations with China and Southeast Asian countries; implications for global markets.Federal Reserve Outlook: Anticipated 25 bps rate cut; discussion on FOMC sentiment and statement analysis.MBA Annual Conference Recap: Grounded optimism, tech adoption, AI skepticism, and new Optimal Blue features.Trigger Lead Legislation: New bipartisan law banning unsolicited data sales post mortgage inquiry; expected to improve retention and MSR value.Optimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesAlex Hebner, Hedge Account ManagerKevin Foley, Director of Product ManagementVimi Vasudeva, Managing Director of CompassPointProduction Team:Executive Producer: Sara HoltzProducers: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Lock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile LockingSchedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OI

In this episode, the Optimal Insights team dives into the economic turbulence surrounding the ongoing government shutdown, trade tensions with China, and emerging concerns in the banking sector. With limited data releases due to the shutdown, the team discusses the implications for mortgage rates, the upcoming Fed meeting, and CPI projections. They also explore the strategic importance of rare earth minerals, the impact of subprime auto loans, and the broader credit environment.Key Topics Covered:Government shutdown effects on federal workers and military payCPI projections and Fed policy expectationsTrade war developments and rare earth mineral supply chain strategyBanking system jitters and subprime auto loan concernsMortgage rate trends and volume increasesTune in to gain valuable insights to help you stay ahead and maximize your profitability in the ever-evolving mortgage landscape.Optimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesJeff McCarty, Vice President of Hedging and Trading ProductAlex Hebner, Hedge Account ManagerJames Cahill, MSR Account ManagerOptimal Blue Production Team:Executive Producer: Sara HoltzProducers: Matt GilhoolyCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Schedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OILock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile Locking

Welcome to this month’s episode of the Market Advantage. Hosts Olivia DeLancey, Brennan O'Connell, and Mike Vough kick off the show with a review of September’s mortgage data, highlighting a strong rate rally and notable trends in purchase and refinance activity.The team then welcomes Andria Lightfoot, VP of client success at FirstClose, for a timely discussion on home equity lending. Andria shares insights on technology integration, evolving borrower needs, and how lenders can streamline processes to maximize efficiency and results.Key Takeaways:September saw a strong rate rally, boosting both purchase and refinance activity.First-time homebuyer and affordability metrics improved, bringing more buyers into the market.Home equity lending is evolving, with technology driving faster, more efficient closings and expanding opportunities for borrowers and lenders.Lenders can maximize results by focusing on process sequencing, technology integration, and value-driven partnerships – doing more loans with less overhead.Links and Resources:Follow Andria Lightfoot on LinkedIn: https://www.linkedin.com/in/andrialightfoot/Subscribe to the Market Advantage data report: https://www2.optimalblue.com/market-advantage/     Follow Optimal Blue on LinkedIn: https://www.linkedin.com/company/optimal-blue/   Subscribe to Optimal Blue’s YouTube channel: https://www.youtube.com/@Optimal-Blue Follow Mike Vough on LinkedIn: https://www.linkedin.com/in/michael-vough-60467826/  Follow Brennan O'Connell on LinkedIn: https://www.linkedin.com/in/brennan-oconnell/    Follow Olivia DeLancey on LinkedIn: https://www.linkedin.com/in/olivia-delancey/   Commentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.

In this week’s episode of Optimal Insights, Jim Glennon, Jeff McCarty, Alex Hebner, and Kevin Foley discuss the renewed trade tensions between China and the U.S., the ongoing government shutdown, and their combined impact on the mortgage and financial markets. They share their expert opinions and insight into how these factors are shaping the industry and the broader economic landscape.Key Points Discussed:Trade Tensions: Renewed trade negotiations and policy disputes between the U.S. and China, particularly around rare earth exports and tariffs, are causing significant market volatility. The team highlights the connection between AI, semiconductor stocks, and rare earth minerals, emphasizing how these factors drive equity market movements.Mortgage-Backed Securities (MBS) 101: The hosts provide a primer on MBS, explaining their origins, unique features in the U.S. market, and their role in setting mortgage rates. They discuss the importance of market conformity, liquidity, and the impact of government policies on rates.Rate Breakdown: The episode details how mortgage rates are built from the risk-free rate, risk premiums, guarantee fees, servicing costs, and origination fees, illustrating why rates vary and what influences them.Notable Insights/Advice:Watch for policy-driven changes at the GSEs and government bond markets, as these could significantly impact mortgage rates and affordability.Stay informed about macroeconomic indicators like CPI and employment reports, which influence market sentiment and rates.Tune in to gain valuable insights to help you stay ahead and maximize your results in the ever-evolving mortgage landscape.Optimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesJeff McCarty, Vice President of Hedging and Trading Product, Optimal BlueAlex Hebner, Hedge Account Manager, Optimal BlueKevin Foley, Director of Product Management, Optimal BlueOptimal Blue Production Team:Executive Producer: Sara HoltzProducers: Matt Gilhooly & Hailey RøiseCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Lock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile LockingSchedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage...

Welcome to this week’s episode of Optimal Insights. In this episode, Jeff McCarty, James Cahill, and Kevin Foley explore the effects of the government shutdown on market data, the Fed’s evolving stance on rate cuts and quantitative easing, and the mechanics of MBS pricing and trade execution. Special guest Justin Monahan from Tradeweb offers a deep dive into how liquidity and transparency are maintained in the MBS market.Key Topics Covered:Government Shutdown Impact: Delays in jobs data, alternative data sources like the Chicago Fed’s CHURN model, and implications for unemployment tracking.Federal Reserve Policy: Rate cut expectations, inflation trends, and commentary from Fed Governor Michelle Bowman on quantitative easing and MBS runoff.MBS Market Mechanics: Justin Monahan explains Tradeweb’s role in liquidity, price transparency, and trade execution in the TBA and specified pool markets.Market Drivers: Treasury movements, ETF inflows, bank buyer activity, and supply-demand dynamics influencing MBS pricing.Tune in to gain valuable insights to help you stay ahead and maximize your profitability in the ever-evolving mortgage landscape.Optimal Insights Team:Jeff McCarty, Vice President of Hedging and Trading Product, Optimal BlueJames Cahill, MSR Account Manager, Optimal BlueKevin Foley, Director of Product Management, Optimal BlueSpecial Guest:Justin Monahan, Agency MBS Product Manager, TradewebOptimal Blue Production Team:Executive Producer: Sara HoltzProducers: Matt Gilhooly & Hailey RøiseCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Schedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OILock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile Locking

In the first half of this episode, Jim Glennon is joined by Jeff McCarty, Kevin Foley, and Alex Hebner to discuss current market conditions, the potential government shutdown, and the Taylor Rule – a formula used to estimate the ideal federal funds rate. The team analyzes Stephen Miran’s public application of the rule and his controversial suggestion that rates should be two points lower than current levels.Taylor Rule: i=r∗+π+0.5(π−π∗)+0.5(y−y∗)·     i = Target federal funds rate·     r* = Equilibrium real interest rate (often assumed to be around 2%)·     π = Current inflation rate·     π* = Target inflation rate (commonly 2%)·     y = Log of real GDP·      y* = Log of potential GDP (i.e., full employment output)Later in the episode, Olivia DeLancey joins Jim Glennon to share highlights from the ACUMA Annual Conference. Olivia reflects on the collaborative spirit of credit unions, their focus on member experience, and the marketing challenges faced by credit union loan officers. Her insights emphasize the importance of content strategy and community-driven engagement in the mortgage space.Tune in to gain valuable insights to help you stay ahead and maximize your profitability in the ever-evolving mortgage landscape.Optimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesJeff McCarty, Vice President of Hedging and Trading ProductAlex Hebner, Hedge Account ManagerKevin Foley, Director of Product ManagementOlivia DeLancey, Director of Communications and Public RelationsOptimal Blue Production Team:Executive Producer: Sara HoltzProducers: Matt Gilhooly & Hailey RøiseCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Schedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OILock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile Locking

In this week’s episode of Optimal Insights, host Jeff McCarty is joined by Alex Hebner, James Cahill, and Kevin Foley to unpack the Fed’s recent 25-basis-point rate cut and its ripple effects across the mortgage and treasury markets. The team explores the implications of rising interest rates despite the cut, investor sentiment, and the looming debt refinancing challenge facing the U.S. government.A central theme is the Fed’s “third mandate” – moderate long-term interest rates – and how it’s being interpreted in today’s economic climate. The discussion also touches on inflation expectations, political pressures, and the potential impact of a government shutdown on mortgage operations.Key Topics Discussed:Fed’s 25-basis-point rate cut and market reactionThe disconnect between short-term and long-term ratesDebt refinancing pressures and political incentivesInflation expectations and business sentimentThe Fed’s third mandate and its evolving roleTune in to gain valuable insights to help you stay ahead and maximize your profitability in the ever-evolving mortgage landscape.#ModernProvenOptimal Insights Team:Jeff McCarty, Vice President of Hedging and Trading Product, Optimal BlueJames Cahill, MSR Account Manager, Optimal BlueAlex Hebner, Hedge Account Manager, Optimal BlueKevin Foley, Director of Product Management, Optimal BlueOptimal Blue Production Team:Executive Producer: Sara HoltzProducers: Matt Gilhooly & Hailey RoiseCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Schedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OILock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile Locking

In this week’s episode of Optimal Insights, Jim Glennon, Jeff McCarty, Alex Hebner, and James Cahill discuss inflation trends, labor market revisions, and expectations for the Fed’s upcoming rate decision. Later in the episode, Vimi Vasudeva joins Jim, Jeff, and James to share insights from the recent Optimal Insights Forum, including MSR pricing dynamics, AI’s impact on servicing, and investor sentiment around ARM and non-QM products.Key Topics Discussed:Market Update: Inflation data (CPI/PPI), labor market revisions, and expectations for the upcoming Fed meeting.Interest Rate Outlook: Anticipated quarter-point rate cut, implications for mortgage and treasury rates.Optimal Insights Forum Recap: Highlights from the Optimal Insights Forum in Nashville, including MSR pricing, AI in servicing, and investor sentiment.MSR Panel Insights: Supply trailing demand, high servicing multiples, and AI’s impact on servicing costs.Investor & GSE Panel: Growth in non-QM and ARM production, affordability strategies, and GSE policy shifts.Tune in to gain valuable insights to help you stay ahead and maximize your profitability in the ever-evolving mortgage landscape.Optimal Insights Team:Jim Glennon, Vice President of Hedging and Trading Client ServicesJeff McCarty, Vice President of Hedging and Trading ProductJames Cahill, MSR Account ManagerAlex Hebner, Hedge Account ManagerVimi Vasudeva, Managing DirectorOptimal Blue Production Team:Executive Producer: Sara HoltzProducers: Matt Gilhooly & Hailey RoiseCommentary included in the podcast shall not be construed as, nor is Optimal Blue providing, any legal, trading, hedging, or financial advice.Mentioned in this episode:Lock Loans on the Go – Mobile Locking in the Optimal Blue Mobile AppTraditional loan locking slows decisions and ties you to a desk, but borrowers expect instant answers. Optimal Blue’s Mobile Locking changes the game. With our native iOS and Android app, loan officers can access their pipeline, run pricing, and lock loans anytime, anywhere – fast, secure, and accurate. No delays. No extra cost. Just seamless mobility that enhances the borrower experience. Download the Optimal Blue Mobile App today and start locking loans on the go.Mobile LockingSchedule is Live – Optimal Blue SummitThe Optimal Blue Summit 2026 agenda is live! Join us February 23–25 at Talking Stick Resort & Conference Center in Scottsdale, AZ for three days of innovation, insights, and networking. Explore tracks like Activate AI & Automation, Grow Your Profitability, Ensure End-to-End Results, and Tech Showcases & Training – all designed to deliver measurable ROI. Hear from featured speakers including Olympic legend Michael Phelps, MBA President Bob Broeksmit, Chief Economist Michael Fratantoni, and leaders from Optimal Blue. Check out the full agenda and register now at Summit.OptimalBlue.com. Use code HOLIDAY for discounted pricing – available for a limited time. Don’t miss your chance to shape the future of mortgage technology!Summit - OI