Monetary Matters with Jack Farley cover image

Monetary Matters with Jack Farley

A Foreclosure Wave Is Coming | Chris Whalen on FHA Mortgage Loans, Tariffs, Bank Valuations, and Payment Companies

Mar 23, 2025
Chris Whalen, a banker, author, and founder of Whalen Global Advisors, shares insights into the impending foreclosure wave linked to FHA loans. He discusses the delicate state of the U.S. housing market, highlighting risks for first-time buyers and the growing issue of loan delinquencies. Whalen also analyzes the effects of tariffs on the economy and critiques the performance of both traditional banks and payment companies like PayPal and Stripe. His expertise sheds light on how political leadership is shaping financial landscapes.
01:04:09

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Chris Whalen anticipates a rise in FHA mortgage foreclosures due to disruptive economic policies from the Trump administration.
  • The podcast highlights how tariffs could lead to deflation in the U.S. economy, reminiscent of past restrictive monetary policies.

Deep dives

The ECB's Commitment to the Euro

The European Central Bank (ECB) is firmly dedicated to preserving the integrity of the euro, showcasing its resolve to undertake any necessary measures. This stance reassures markets about the euro's stability, suggesting that the ECB's actions will be sufficient to mitigate potential threats to the currency. The episode emphasizes the importance of trust in central banking, asserting that the ECB will maintain confidence in economic performance. This commitment may have broader implications for the eurozone's economic outlook, influencing investor confidence and fiscal policy.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode