Rob Zimmer

Why don't Washington and Wall Street talk? Cause they don't speak the same language. Ever.

[Rob Zimmer @RobTVDC]

We need new ideas to lower mortgage costs for young families. Here's one: have the GSEs provide a targeted backstop bid for MBS to lower the 30/10 spread, which is costing young Americans extra cash.

Community lenders think it will work.

$fnma $fmcc @pulte @FHFA @FannieMae @FreddieMac

https://t.co/xl1RWsYtky

[Rob Zimmer @RobTVDC]

Worth the read.

[Brendan Pedersen @BrendanPedersen]

Scoop: Rep. Maxine Waters developed a 7-point plan for reforming the House Financial Services Committee. We obtained the draft.

Waters faces a gavel challenge from Rep. Sean Casten (D-Ill.)

[Rob Zimmer @RobTVDC]

“Elections have consequences”…

[Lydia Beyoud @ElleBeyoud]

First bipartisan SEC, CFTC nominations in this administration.

SEC - Steven Levine of the CEA & Kristin Johnson, GW law prof & former CFTC commisisoner

CFTC - Nathan Anonick & Matt Rowland, Senate Ag R & D staffers, respectively

https://t.co/mdToVFVXQN

[Rob Zimmer @RobTVDC]

It’s going to be a very interesting 2 years.

[Bulwark Clips @BulwarkClips]

James Talarico: "The American people cannot wait two years for change so we must work with President Trump. If President Trump wants the same plaques, and portraits, and busts as LBJ, we can help make that a reality. We should make the final two years of his presidency the most productive of any presidency in American history."

[Rob Zimmer @RobTVDC]

@AsraNomani Freeing Palestine from Hamas is the only logical first step. It will benefit everyone.

[Rob Zimmer @RobTVDC]

Road to Housing 2.0 is officially on life support.

[Katherine Hapgood @hapgoodreports]

Newly elected Dems eye Senate Banking:

@TroyJackson207 asked for a seat on the committee.

@AbdulElSayed said the committee would “be interesting.”

@RoyCooperNC and @JulianaStratton wouldn’t weigh in yet.

w/@Jasper_Goodman

For pros- https://t.co/FJcI6x22SS

[Rob Zimmer @RobTVDC]

@ImtiazMadmood This election was an anti-vote, not a pro-vote.

As such, it is not a bellwether.

[Rob Zimmer @RobTVDC]

Stop it already, Putin has no interest in peace. And yes, we should listen to Gen. Patton when the subject is…Russians.

[Laura Rozen @lrozen]

Kushner: “The question we get asked the most from the Europeans is, are the Russians, is Pres. Putin, really ready for peace.
From what Steve and I have heard from him, we can say, very strongly, we believe so.”

[Rob Zimmer @RobTVDC]

@emilykschrader “Anti-Israel thugs” is a redundancy.

[Rob Zimmer @RobTVDC]

Brutal.

[Brendan Pedersen @BrendanPedersen]

With Rep. Young Kim (R-Calif.) defeated and one week past the election, virtually every House Financial Services Republican on this list has lost. Only Chair French Hill (R-Ark.) has officially held onto his seat. Salazar (R-Fla.) is a half point ahead amid a recount.

[Rob Zimmer @RobTVDC]

Masked bike riders plan another hate-ride Sunday…

https://t.co/RmCVXtoUAw

[Rob Zimmer @RobTVDC]

@Anisha_in_Ldn @HenMazzig Free Palestine from Hamas does make a lot of sense tbh.

[Rob Zimmer @RobTVDC]

@RealKgriff @IAPonomarenko Yes it is.

[Rob Zimmer @RobTVDC]

@StockCompil Except there will be more than just 2 mortgage credit score algo's.

And lenders DO want more choices here.

$fico $fnma @fhfa

[Rob Zimmer @RobTVDC]

"Who's gonna support all the Millennials when they retire?"

Hint: Millennials better start having more kids.

[Josh Barzon @JoshuaBarzon]

This amazing visual shows how many people are alive in the United States based on the generation they are part of

[Rob Zimmer @RobTVDC]

Thank you Philadelphia.

[New York Post @nypost]

Philly 'Kristallnacht' protests at Jewish-owned businesses drowned out, shouted down by huge crowds https://t.co/XcNBMGFHNT

[Rob Zimmer @RobTVDC]

@samsutliff It’s still WRONG. Get a grip.

[Rob Zimmer @RobTVDC]

Where did you get these numbers? A Cracker Jack box? Credit score algo cost for FICO today is $10 per pull. Tri-merge, so $30 for one applicant/one tri-merge pull, except most buyers have 2 applicants, so $60. Score lasts only 120 days & most FTHBs need 3 or 4 pulls bc takes a looong time to qualify & then find a home and then find another when they lose the first home bid. So now $180 or $240. Sometimes more if it’s a sellers market.

Doesn’t include soft pulls and then shopping among lenders. So even more $$. Hundreds of $$$.

Look, if neither of you understand this biz, at least admit you don’t.

But don’t throw out whacked numbers ($22.28) that immediately discredit your line of logic.

Have a great weekend.

[Rob Zimmer @RobTVDC]

Americans hate monopolies, and more competition helps everyone: $FICO after-hours share price drops to lowest level since January 2023 as credit score reform starts to take effect.

https://t.co/TWOL2b96p9

More to come. @FHFA $fnma $fmcc

[Rob Zimmer @RobTVDC]

@ChandlerForPB She definitely did not lose rural
Maine.

[Rob Zimmer @RobTVDC]

Former monopoly has a new strategy to poke the first-time homebuyer in the eye.

Nice work. But it won’t work.

@pulte @FHFA $fico $fnma

[Monopoly Capital 💸 @mply_cap]

"Is the average price of a FICO Score going up, down, or sideways? We’re not going to answer that.” - CEO Will Lansing

$FICO is no longer going to share what its prices are, and I like this move

[Rob Zimmer @RobTVDC]

Bc in America, the only other industry that raised prices 1600% in just 4 years…was pharmaceuticals.

Also—the diff btw absolute prices and marginal increases.

Yes it absolutely got Washington’s interest. Esp bc this was a giant increase in price for a static, outdated product. (Even the CEO admits it’s outdated.)

I warned ppl 2 years ago that FICO was entering rough territory.

Some listened. Some didn’t.