Latest / Chrisman Commentary - Daily Mortgage News
10.2.26 Industry Chatter; Eris Innovations' Geoffrey Sharp on Options; Poor Payrolls Friday
U.S. home prices have far outpaced inflation since 2011 while income gains have been more uneven, highlighting worsening affordability and inequality, as FHFA pursues changes to credit scoring and appraisal standards amid questions about implementation, market access, and regulatory oversight.
Robbie interviews Eris Innovations' Geoffrey Sharp on options of SOFR interest-rate swap futures, launched in June on CME Group. These are designed to give mortgage originators asymmetric protection against pipeline pull-through and mortgage servicing risk while reducing basis risk relative to Treasury…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.