Dang these five-day work weeks seem long! My cat Myrtle doesn’t seem overly concerned with work, days or weeks, as long as that line-caught ocean salmon keeps showing up in her bowl. Food? From Michigan, Don C. observes, “I hate when I think I’m buying organic vegetables, and when I get home, I discover they’re just regular donuts.” Spell them doughnuts or donuts, who out there doesn’t get excited when they catch a glimpse of that pink box coming through the door? But these treats have always faced an uphill battle for volume. Volume? According to Curinos, June 2022 funded mortgage volume decreased 48 percent YoY and 5 percent MoM. In the Retail channel, funded volume was down 53 percent YoY and 5 percent MoM. The average 30-year conforming retail funded rate in June was 5.31 percent, 32-bps higher than May and 207-bps higher than the same month last year. (Curinos sources a statistically significant data set directly from lenders to produce these benchmark figures; drill into this data further here.) What’s ahead? We all have a chance at listening to the MBA’s Dr. Mike Fratantoni discuss the latest MBA projections. (Today’s podcast is available here and today’s features an interview with SimpleNexus’ Chief Customer Officer Andria Lightfoot on keeping clients happy in a tough market environment. This week’s podcast is sponsored by SimpleNexus, an nCino company and award-winning developer of mobile-first technology for the modern mortgage lender.)