Today’s HousingWire Daily episode features a crossover episode of HousingWire’s Housing News podcast. In this episode, HousingWire Editor in Chief Sarah Wheeler interviews Barry Habib, founder, and CEO of MBS Highway. Habib discusses how IMBS are dealing with increased competition and how mortgage lenders, like Rocket Mortgage and United Wholesale Mortgage, are dealing with squeezing margins.

Additionally, he highlights the importance of the referral relationship in a hot purchase market, and whether or not the economy will face a recession in the years to come.