This week I head to San Diego for MCT Exchange 2025, and my email has been heating up. “Rob, are you hearing about a big jump in lock volume last week?” Yes… it may not be just you. As they say, a rising tide raises all boats. “Rob, are you hearing about an uptick in FHA delinquencies?” Yes, absolutely, and for quite some time. These high margin, low down payment loans are seeing an increase in problems. “Rob, are you hearing that the CFPB is back up and running?” Yes, at least parts of it: regs, monitoring, the complaint function; less so supervision and enforcement. Speaking of which, Mortgage Musings author and attorney Brian Levy hopes someone gets his message in a bottle with his latest Musing doubling as an open letter to CFPB leadership containing many suggestions for mortgage regulatory reform. “Rob, are you hearing that LOs need videos to reach millennial home buyers?” Perhaps… I know that in today’s Mortgages for Millennials, Kristin Messerli and Robbie Chrisman are joined by guest Ralph Remy of National MI: “Trust in financial institutions is plummeting, and YouTube has emerged as the go-to platform for homebuying education.” (Today’s podcast can be found here and this week’s is sponsored by ICE. ICE offers an interconnected digital mortgage ecosystem to help clients improve productivity, reduce costs, and deliver a meaningful customer experience. Today’s has an Interview with TRUE’s Steve Butler on how instant loan intelligence is revolutionizing borrower engagement. Lenders who fail to adopt AI-driven processes risk becoming obsolete.)