In this episode of CMBConnect, host Val Buresch speaks with Ryan Black, CMB, a partner at Black, Mann and Graham, about his journey from congressional staffer to mortgage industry expert. They discuss the future of Fannie Mae and Freddie Mac, the implications of new mortgage proposals, and the importance of advocacy in the mortgage industry. Ryan emphasizes the need for Congress to play a role in the future of GSEs and shares insights on credit score changes and their impact on the market.

Chapters

00:00 Introduction to Ryan Black and His Journey

02:44 The Role of CMB and Industry Involvement

05:25 Conservatorship and the Future of Fannie and Freddie

10:42 Proposals for Assumable Mortgages and Affordability

14:35 Exploring the 50-Year Fixed Mortgage Proposal

16:13 Impact of Lowering Minimum Credit Scores

19:15 Adoption of Vantage Score and Its Implications

20:42 Advocacy and Staying Ahead in the Industry

25:19 End

Connect and follow Val Buresch on LinkedIn: https://www.linkedin.com/in/buresch/

Connect and follow Ryan Black on LinkedIn:

https://www.linkedin.com/in/ryan-black-10632072/

Learn more about the CMB Designation:

https://www.mba.org/conferences-and-education/certificates-and-designations/certified-mortgage-banker