Today's Commentary · October 12, 2026

Columbus Day: LO jobs; AI, LOS, gov't insurance, wire fraud report tools; MBA ratchets down 2027; credit & closing cost thoughts; MISMO builds

Thousands of residential lenders have descended on Chicago, and the MBA Annual is off to a fine start. Seeing President Bush live in person today, with its security measures, is a hot ticket. FHFA Director Pulte will be on the big screen, tomorrow, and not in person. Three meals a day, 3,000 people, that’s 9,000 mortgage banker meals. What happens when the Federal Government cuts back on or changes overseeing food preparation? Americans' confidence in food safety has dropped to a new low, a recent...