9.22.26 Builder Business; BSI's Larry Goldstone on Servicing; Fed Path Forward

Chrisman Commentary - Daily Mortgage News · Sep 22, 2026 · 25m · transcript

To protect the valuation of existing subdivision inventories, homebuilders like Lennar are increasingly relying on costly interest rate buy-downs instead of price cuts to sustain sales, a strategy that is beginning to strain industry earnings as reflected in Lennar's recent quarterly miss. Robbie interviews BSI's Larry Goldstone on the servicing landscape, industry consolidation, and lessons learned from previous market cycles. And Fed Chair Warsh’s restrained communication style may be preferable to excessive Fed transparency, particularly given his skepticism of unreliable frameworks like…