Coby Hakalir

Managing Director @ STRATMOR Group | Writer, Podcaster, Industry Evangelist

[Coby Hakalir @360coby]

The @FHFA title waiver program in one line: borrowers pay less, title companies earn less.

The big question is what it costs in losses years from now. Only a pilot answers that. Finding a better way takes the nerve to try one.

Credit to Director @pulte for leading on this.

[Coby Hakalir @360coby]

@twobittwos @JDPower Great point

[Coby Hakalir @360coby]

Banks swept @JDPower ’s mortgage origination satisfaction rankings.
But it costs them over 30% more to originate a loan than IMBs AND trail them on AI use.
The IMBs are learning to build a better CX and a lifetime relationship for less.

[Coby Hakalir @360coby]

@mortgagetruth @JDPower I think they tell an interesting story, and maybe someone puts a flyer up at a bank branch…

[Coby Hakalir @360coby]

Credit to @HousingWire and @brookleeh95 for the story: https://t.co/OspMkbtVVC

[Coby Hakalir @360coby]

@Opendoor says our industry adds 350 basis points of margin to every loan.
Per @MBAMortgage and @STRATMORGroup data, the Q2 2026 number is closer to 25 bps. With fewer refis projected in 2027, it gets tighter.

Opendoor has been originating loans for about 9 months. They've funded roughly $24MM, about what an above-average loan officer does.

Between originations and brokerage, they lost over $218MM last quarter. $70MM in losses coming Q4.

Next time someone quotes Opendoor's math on our margins, ask to see their income statement.

[Coby Hakalir @360coby]

The question of whether or not @POTUS would take last week’s results as a wake-up call has been answered.

[Coby Hakalir @360coby]

@FICO_corp shares fell 16% after it announced its Preferred Program. Its play is a 100% commitment from lenders.

I want FICO to compete and win on merit. A single scorer is a bad deal whether it’s FICO or @VantageScore .

[Coby Hakalir @360coby]

America finally said “enough is enough”

[Coby Hakalir @360coby]

He must be studying really hard

[Greg Sher @1gregsher]

Checking in @pulte - are you optimistic there will changes on the first-time buyer side?

[Coby Hakalir @360coby]

@POTUS locked onto the pulse of the American people 🙄

[The White House @WhiteHouse]

A Monument to the American Spirit.

The Military Triumphal Arch will honor the heroes who gave everything for our nation - a monumental tribute to America’s first 250 years & a symbol of the next 250.

A legacy of freedom. A future without limits.

📲 https://t.co/vkquwA5qGp

[Coby Hakalir @360coby]

@Mishbia15 says @RocketOTD "means zero" to him. So what exactly is the "All-in" mandate protecting?

The All-in mandate was supposed to protect the broker channel from Rocket. so they matter at least a little, right Mat?

[Coby Hakalir @360coby]

I was 22 in 1999. I had a good job, an affordable apartment, and a nice enough car. I bought my first home in 2001.

Would that same 22 year old be two years from a home today? I don't think so, and the housing numbers tell only part of the story.

The average family pays almost 5X in health insurance premiums than they did in 1999.
Then there're literally everything else (stats from the @BLS_gov):

Rent up 151%
Day care/preschool: up 169%
Car insurance: up 244%
Groceries: up 95%

It's simply harder to be 22 in 2026 than it was in 1999.

When we talk about the affordability crisis, we talk in terms of rates and home prices. Our borrowers have been paying more for everything for years.

We can't solve for all of this, and that's not our role.
But this is our calling in this industry: recognize that it's simply harder now; and that makes our jobs more important than ever before. @KFF

[Coby Hakalir @360coby]

Duck season typically begins mid-September to mid-October.
Lame Duck season, however, officially began today.

[Coby Hakalir @360coby]

@pulte’s days are numbered….
He had his chance to leave his mark. Instead he wasted our time with terrible ideas, all with selfish motives. Good riddance.

[Greg Sher @1gregsher]

You remain the most powerful person in housing @pulte. No wave can take away your authority to change LLPA's/Gfees with one stroke of your pen. It's time for you to leave your own legacy. Put housing on your back. Be remembered as a housing hero.

[Coby Hakalir @360coby]

Bloodbath. No other word for it.
Get ready for a wave of hearings like you’ve never seen.

[Matt Walsh @MattWalshBlog]

Trump launched an unpopular and pointless war. Gas prices are too high. People can’t afford groceries. Trump abandoned the American First message. This is why Republicans are getting crushed. It’s very simple.

[Coby Hakalir @360coby]

Thank you to @LendingTree for the incredible Southern hospitality today in Charlotte.

[Coby Hakalir @360coby]

A plane falling out of the sky is one of our worst fears.
So
We want so badly for there to be a sinister motive behind the tragic Lear jet crash.
But
Sometimes terrible things happen. And it’s a reminder to us how precious and delicate life is.

[Coby Hakalir @360coby]

@FICO_corp announced the Preferred Program on a Friday after the close.

They got punished with a 13% loss the next day. The market viewed the flat volume deal as a concession of pricing power rather than a creative response to competition.

[Coby Hakalir @360coby]

Is a Blue Wave about to slam into us this Tuesday? #nosurrender