Jesse Passafiume

Supporting our @PoweredbyPLACE partners with world-class mortgage service. Passionate curator of quality information from those more experienced.

[Jesse Passafiume @jessepassafiume]

Things are getting weird. I use an LLM (OpenAi model in Co-Pilot) to co-write a email every month. I drop most of the content into a google doc. Now Gemini is talking smack about that content.... good times.

[Kiavi Funding Inc. @kiavi_inc]

The @JBREC + Kiavi Fix-and-Flip Market Index hit 62 in 4Q25. 📈

Market expansion is here, and 71% of investors plan to buy more in 2026.

Read the full breakdown.

👉 https://t.co/JilxbYcZMb

#Kiavi #FinTech

[Eric Finnigan @EricFinnigan]

Clear negative for people that build homes and companies that supply homebuilders and developers.

If the number of people with jobs has basically stopped growing, who are we building more homes for?

[Lance Lambert @NewsLambert]

AI Data Centers. Wood you look at that.

Data centers are typically constructed primarily of steel and concrete—but as the AI data center wave accelerates, Meta and Microsoft are pivoting to build them with mass timber to help reach their emissions goals

Single-family homebuilders don't use much mass timber. However, the softwood lumber they use extensively for framing is the same underlying material used to produce mass-timber products
https://t.co/TdtqmkEYfC

[Jesse Passafiume @jessepassafiume]

This is unfortunately the real story. One of my teammates said “the only person that watches the 10 yr more than you is trump” he has a bigger tool belt.

[The Kobeissi Letter @KobeissiLetter]

Bond markets are telling the future:

1. Trump paused tariffs with the 10Y Yield at 4.60%

2. Trump bought $200 billion of mortgage bonds with the 10Y Yield at 4.30%

3. Trump delayed Iran strikes with the 10Y Yield at 4.45%

4. Trump further delayed Iran strikes with the 10Y at 4.45%

Trump knows the bond market is existential.

[Rick Palacios Jr. @RickPalaciosJr]

The proposed “21st Century ROAD to Housing Act” will suppress future housing supply and worsen affordability.

A harsher stance on build-to-rent (BTR) is most concerning, and we fear much of the housing supply seen in our chart below is now in jeopardy. https://t.co/dmxp1OqjXA.

[John Burns @johnburnsjbrec]

Are elected officials about to pass the "Rental Inflation bill?"

The requirement to sell future Build-to-Rent homes to homeowners within 7 years will effectively stop the construction of rental homes, decreasing new supply and thus increasing rents.

https://t.co/SEU7Kc03c3

[Lance Lambert @NewsLambert]

Lennar—America's second largest homebuilder—gross margins fall to the lowest levels since 2009

Among giant public homebuilders, Lennar has been the most aggressive in using affordability adjustments/incentives to maintain volumes/take market share

@ResidentialClub research

[Satya Nadella @satyanadella]

Announcing Copilot Cowork, a new way to complete tasks and get work done in M365.

When you hand off a task to Cowork, it turns your request into a plan and executes it across your apps and files, grounded in your work data and operating within M365’s security and governance boundaries.

[Sam Altman @sama]

GPT-5.4 is launching, available now in the API and Codex and rolling out over the course of the day in ChatGPT.

It's much better at knowledge work and web search, and it has native computer use capabilities.

You can steer it mid-response, and it supports 1m tokens of context.

[National Mortgage News @NatMortgageNews]

“We will be the first conforming mortgage originator to deploy tokenized capital to responsibly support mortgage assets at institutional scale,” Better CEO Vishal Garg said.

By @colinmcnamara05
https://t.co/ixFrykPlt4

[Matt Shumer @mattshumer_]

https://t.co/ivXRKXJvQg

[Jesse Passafiume @jessepassafiume]

Watched this with my son this evening. Absolutely beautiful film that left us both emotional and gave us more than a few things to talk about. What a great film.

[Netflix @netflix]

TRAIN DREAMS, directed by Clint Bentley, has earned an Oscar nomination for Best Picture.

[Dario Amodei @DarioAmodei]

The Adolescence of Technology: an essay on the risks posed by powerful AI to national security, economies and democracy—and how we can defend against them: https://t.co/0phIiJjrmz

[Logan Mohtashami @LoganMohtashami]

Oh dear 😏

[Alex B @bprintco]

Let me try to explain what Claude Cowork actually means in the simplest way possible.

Not for SaaS founders.
Not for AI Twitter.

For the guy who owns a landscaping company with 20 employees.

This is not just some desktop organizing demo like you’ve probably seen.

Claude Cowork is an employee that lives inside your computer.

You attach it to your browser.
You show it how you do a task.
You give it your SOPs.
You record the workflow once... with context.

And then it just does it. On a schedule. Forever.

Let’s say you have a production manager.

Every morning he

- logs into Housecall Pro or Jobber
- reviews the schedule
- assigns crews
- decides what equipment goes where
- determines arrival times
- messages foremen
- confirms labor and inventory

That’s a lot of human decision making.

Now imagine you train Claude on:

- your SOPs
- how you make those decisions
- how your CRM works
- how your team is structured

Claude can now:

- open your CRM
- review the schedule
- assign crews
- schedule equipment
- notify employees
- update job notes
- log changes

Automatically. Every morning.

Your production manager is now just an exception handler, if you even need him anymore.

Now let’s talk about the small business owner.

You and a couple guys grinding stumps.

You need social media.
You know it matters.
You don’t have time.
And you don’t want obvious AI images.

So instead:

- you snap a photo on site
- it uploads to iCloud
- Claude grabs it
- analyzes top performing posts in your industry
- writes the caption
- formats it for ads
- posts it

You just created a social media manager.
No agency. No content calendar.

It goes way deeper than this.

- Customer communication
- Follow ups
- Scheduling
- Lead routing
- Quoting workflows
- Document handling
- Invoice processing
- Collections
- Reviews
- Reporting

If a human currently does it on a screen…
it can be automated inside the tools you ALREADY USE.

It's about to get wild out here.

[Jesse Passafiume @jessepassafiume]

In case you were looking for context on the other tweet from the last week.

[Rick Palacios Jr. @RickPalaciosJr]

47 million rental units in the US, of which 14 million are single-family rentals. If you define ‘institutional’ as owning 1,000+ homes, they are 3.4% of the 14 million. If your threshold for ‘institutional’ is 100+ homes, it’s 7.2% ownership of all single-family rentals.

[Jesse Passafiume @jessepassafiume]

Directing FNMA and FHLMC to retain a another 200b each is the clearest path to lower rates early in 2026.

[Alex Thomas @housing_alex]

Fannie and Freddie have already added ~$70B to their retained mortgage portfolios since May of last year.

Adding another $200B would basically put the GSEs at their legal cap of $550B ($225B each).

[Rick Palacios Jr. @RickPalaciosJr]

2026 could be the first spring season for housing since 2022 where resale buyers too can buy with a 30-year mortgage starting with a 5. Only homebuilders could offer that in recent years via rate buydowns, so market share shift back to existing homes will be a 2026 housing theme.

[HousingWire @HousingWire]

The impact of lower mortgage rates on housing inventory https://t.co/dQTwTbYsnY