Today's Commentary · July 28, 2026

July 28: LO, Tech jobs; verification, HELOC, non-QM broker products; RESPA thoughts; Redwood Trust 2x production

One should only use the word “since” to indicate the passage of time, not to use it to mean “because.” This would be okay: “Since I joined Rose & Echevaria, we have grown by over 100 lawyers.” But this would not: “Since I go to the Farmers Market mainly for the goat cheese, I was shocked to hear that the goats are on strike.” I didn’t know this since, uh, because I went to public school. I mention this because in our language, there isn’t a lot...