Logan Mohtashami on the fake foreclosure crisis
Summary
HousingWire Daily host Sarah Wheeler and lead analyst Logan Modashami debunk the "fake foreclosure crisis," explaining that rising delinquencies are normalizing, not signaling a crash. They discuss stagnant new home sales, noting builders manage supply for profit rather than addressing affordability. The episode also covers mortgage rates, oil prices, and trending stories like New York outflows and Michigan’s stair reform.
Topics discussed
Intro, ICE ad, and top 5 HousingWire stories
Banter over 'guest' vs 'podcast partner' title
Market update: Bond yields, oil prices, and Iran ceasefire
New home sales stagnation and builder supply management
Ad: Fund federal science and research
Debunking the fake foreclosure crisis narrative
2008 vs 2026: Why current foreclosures aren't a crisis
Andrew Yang's claims and normal delinquency levels
New listings data as the true indicator of distress
Home equity buffers and late-cycle lending risks
Auto loan delinquencies vs mortgage stress correlation
Closing remarks and call to action
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