Alex Goldovsky Attends 2025 MBA Secondary and Capital Markets Conference in New York City
Spent highly productive and insightful few days at the 2025 MBA Secondary and Capital Markets Conference in New York City this week. This year’s gathering offered not only a pulse check on the mortgage industry but also a roadmap for where things are heading.
Here are some of my key takeaways from the event:
Ginnie Mae is actively exploring pilot programs aimed at streamlining both origination and servicing - potentially a game-changer for market participants focused on operational efficiency.
Bill Pulte, Director of the FHFA, gave a frank update on efforts to guide Fannie Mae and Freddie Mac toward an exit from conservatorship. He also emphasized cutting inefficiencies across the agency, signaling a broader move toward leaner operations.
Non-QM and HELOC markets are showing real momentum, while conventional mortgage volumes continue to contract—highlighting a shift in where opportunity lies for lenders and investors.
Builder sentiment remains low, even as discount points are increasingly used to make deals work for buyers - a sign that affordability concerns persist across the board.
Loan production profitability hovered near break-even in Q1 2025. With lower volumes and rising production costs, originators are being forced to do more with less.
Attendance was lighter than in previous years, which likely reflects current market conditions - but also created a more intimate, high-value networking environment.
Two words defined the conference: efficiency and deregulation. The current administration's policies are clearly shaping a new environment that favors streamlined processes and reduced regulatory burdens.
It becomes obvious that the mortgage and capital markets industry is at a crossroads. While challenges remain, particularly around profitability, regulation, and consumer demand, the path forward is becoming clearer: innovate, streamline, and adapt. Those who embrace efficiency and rethink traditional models will be best positioned for success in this evolving landscape.
Looking forward to continuing the conversations sparked during this conference and turning insights into action.
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Spent highly productive and insightful few days at the 2025 MBA Secondary and Capital Markets Conference in New York City this week. This year’s gathering offered not only a pulse check on the mortgage industry but also a roadmap for where things are heading.
Here are some of my key takeaways from the event:
Ginnie Mae is actively exploring pilot programs aimed at streamlining both origination and servicing - potentially a game-changer for market participants focused on operational efficiency.
Bill Pulte, Director of the FHFA, gave a frank update on efforts to guide Fannie Mae and Freddie Mac toward an exit from conservatorship. He also emphasized cutting inefficiencies across the agency, signaling a broader move toward leaner operations.
Non-QM and HELOC markets are showing real momentum, while conventional mortgage volumes continue to contract—highlighting a shift in where opportunity lies for lenders and investors.
Builder sentiment remains low, even as discount points are increasingly used to make deals work for buyers - a sign that affordability concerns persist across the board.
Loan production profitability hovered near break-even in Q1 2025. With lower volumes and rising production costs, originators are being forced to do more with less.
Attendance was lighter than in previous years, which likely reflects current market conditions - but also created a more intimate, high-value networking environment.
Two words defined the conference: efficiency and deregulation. The current administration's policies are clearly shaping a new environment that favors streamlined processes and reduced regulatory burdens.
It becomes obvious that the mortgage and capital markets industry is at a crossroads. While challenges remain, particularly around profitability, regulation, and consumer demand, the path forward is becoming clearer: innovate, streamline, and adapt. Those who embrace efficiency and rethink traditional models will be best positioned for success in this evolving landscape.
Looking forward to continuing the conversations sparked during this conference and turning insights into action.
Subscribe to: