E20 - Eddie Perez - Overcoming Adversity Through Positive Leadership

In this engaging episode of the Minds of Mortgage podcast, I talk to Eddie Perez, CEO of EPM Mortgage. Our conversation explores Eddie's journey from finance to founding his mortgage company 17 years ago, revealing how he's navigated multiple market cycles while maintaining an unwavering positive outlook.

Eddie shares his family's remarkable story, recounting how his father escaped Cuba by rowing a stolen boat to Miami and later built a new life from nothing. This immigrant experience shaped Eddie's values and approach to business and leadership, instilling in him a deep appreciation for opportunity and resilience.

The discussion offers candid insights into today's mortgage industry challenges. Eddie shares his perspective on the current market, the unlikely return of massive refi booms, and the psychological adjustments loan officers face after record-breaking years. His practical optimism provides a refreshing counterpoint to the "fake juice" positivity and doom-laden narratives prevalent in industry conversations.

Eddie reveals his "code of life" - honor, duty, discipline, sacrifice, and gratitude - explaining how these principles guide his decisions and leadership style. He discusses the challenges of maintaining company culture during difficult times and the importance of radical candor when communicating with teams through transitions.

The conversation takes a personal turn as Eddie discusses his experience raising three children, including how his oldest daughter's college choice (his rival school) tested his parenting philosophy. His insights on letting children forge their paths while providing guidance rather than control offer wisdom beyond parenting to leadership.

Throughout the episode, Eddie speaks candidly about mental health, including his struggles after his father's death and the importance of emotional intelligence. His authentic approach to leadership, commitment to personal growth, and ability to balance realism with optimism make this conversation valuable for mortgage professionals seeking practical guidance and inspiration during challenging market conditions.