HELOC Products; HUD, FHA, and Ginnie News; Unscripted Powell and Trump

If you want to see an unscripted moment where politics and the central bank collide, thank Ken Sonner for sending over this clip of President Trump and Fed Chair Powell addressing the press. (Complete with pressure for lower rates, a misstatement of the cost, and with the President taking his hard hat off because “there’s not too much danger.”) Every president through history has wanted lower rates to spur growth; Robbie Chrisman is in Rapid City, South Dakota, where he reports that growth is surging, which appeals to some but not those who “liked it the way it was.” Interest rates may be a topic on today’s episode of Last Word at 10am PT, Brian Vieaux, Christy Soukhamneut, Kevin Peranio, and Courtney Thompson. They will certainly explore the real factors…