Jason speaks with Bob Pozen about possible changes in the real estate market under a Trump administration. Changes in legislation and regulations may lift up small to medium sized banks and increase the amount of lending by the biggest banks. Bob Pozen is a Senior Lecturer at MIT’s Sloan School of Management, a Senior Research Fellow at the Brookings Institute and former Associate General Counsel for the SEC. Bob has authored two books Extreme Productivity and Too Big to Save which is discussed during today’s podcast.   

Key Takeaways:

[2:04] The historic change in the leadership of the U.S. Government.

[3:50] Remember to register for the 2017 Meet the Masters Event slated for January.

 

Bob Pozen Guest Interview:

[6:11] Legislation that may be changed through banking system while Dodd-Frank is left as is.

[9:50] There has been too much regulation on small to medium sized banks.

[11:33] The problems are Fannie Mae and Freddie Mac are they were never public nor private.

[15:13] The FHA and VA insure 100% of the mortgages made by banks.

[15:55] More money flowing into the real estate market will cause an upward pressure on prices.

[18:46] Home buying increases when rates start to go up but then level out.

[19:28] Pozen was chosen by President Bush to join a bipartisan commission to strengthen Social Security.  

[21:00] Security and Exchange Commission has constraints regarding employees working for corporations after their service.

[23:22] Getting to the gist of Bob Pozen’s book Too Big to Fix.

[25:59] Peer-to-Peer lending is pretty much unregulated.

[27:38] As the economy strengthens banks should lend more.

 

Mentioned in This Episode:

Bob Pozen

Jason Hartman

Jason Hartman Events

 

Tweetables:

The FHA and VA insure 100% of the mortgages made by banks.We don’t want the government to make 100% of the risk.

Mortgage rates will be the key to the future housing market.

Everyone has the right to buy a lottery ticket but with crowdfunding, they may not know what they are getting into.

 

Episode: 768

Guest: Bob Pozen

iTunes: Stream Episode

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