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#146 Marc Shenkman on Mortgage Banking, Over-Regulation, and What Homebuyers Really Need

June 15

47 mins

Episode Description

Marc Shenkman is President and co-founder of Priority Financial Network, a privately owned mortgage banker based in Calabasas, California. He has spent decades in the industry, from trading mortgage-backed securities at major firms to building a direct lending operation that has funded billions in home loans.

In this episode, Marc breaks down how independent mortgage banks actually work, why they originate over 80% of mortgages in America, and what most people never understand about the lending process. He also shares his work on the board of the Community Home Lenders Association of America, where he advocates for consumers and fights regulatory overreach.

Key topics include the real difference between banks, brokers, and independent mortgage bankers, how post-2008 regulation raised costs without protecting borrowers, the FICO score monopoly, and what first-time homebuyers should ask before signing anything.

Whether you are buying your first home or just want to understand how money moves in real estate, this conversation gives you the unfiltered view from someone who has been in the industry for decades.

About Marc Shenkman

🏦 President and Co-Founder, Priority Financial Network | Board Member, CHLA

- 🔗 https://www.linkedin.com/in/marc-shenkman-496bb7240/

- 🌐 https://www.priorityfinancial.net/

About Federico Ramallo ✨👨‍💻🌎

🚀 Software Engineering Manager | 🛠 Founder of DensityLabs.io & PreVetted.ai | 🤝 Connecting 🇺🇸 U.S. teams with top nearshore 🌎 LATAM engineers

- 💼 https://www.linkedin.com/in/framallo/

- 🌐 https://densitylabs.io

- ✅ https://prevetted.ai

🎙 PreVetted Podcast 🎧📡

- 🎯 https://prevetted.ai/podcast

- 🐦 https://x.com/PrevettedPod