Dr. Mark Calabria, former director of the Federal Housing Finance Agency, a senior advisor at Cato Institute and author of Shelter from the Storm: How a Covid Mortgage Meltdown was Averted, sat down with Mary Schuster at the 2024 National Settlement Services Summit (NS3). The discussion begins with Dr. Calabria describing his background in government, challenges faced, and his core beliefs, principles, and perspectives on government policies and housing sector. You won’t want to miss Dr. Calabria’s view on title insurance alternative products, the future of Frannie Mae and Freddie Mac, and the need to focus on safety and soundness in the real estate ecosystem. Finally, they discuss his predictions for the future of title insurance and near-term interest rate changes.

Chapters:

00:00 - Introduction to Mark Calabria and FHFA Role

03:07 - Challenges and Career Background

07:11 - Overseeing Freddie and Fannie: Troubled Agency

10:13 - Government Policies and Safety vs. Profits

11:29 - Core Principles and Leadership in Government

23:47 - Navigating the Mortgage Market: Balancing Consumer Protection and Corporate Interests

27:12 - State of the Union and Economic Policies: Impact on the Mortgage Market

Get In Touch…

Mark Calabria, Senior Advisor, CATO Institute (Guest), mcalabria@cato.org

Mary Schuster (Host), mschuster@octoberresearch.com

Mark’s book is available here: https://store.cato.org/products/shelter-from-the-storm

This year’s NS3 Agenda is available here: https://ns3thesummit.com/wp-content/uploads/2024/05/NS324_Printable_Agenda.pdf

To find more episodes of “Keys to Real Estate” or learn more about October Research – the nation’s leading independent provider of market intelligence, industry news, expert analysis and regulatory information for professionals in the real estate, title, financial and settlement services industries – visit www.OctoberResearch.com.

Episode sponsored by RamQuest – https://www.RamQuest.com

Episode produced by October Research – https://www.octoberresearch.com