“What do giraffes and zoning regulations have in common? They both don’t exist in Texas.” I am not heading there for a while, but instead head to St. Louis this morning for the MBA of St. Louis event. I received this note from a veteran broker. “Someone please remind government officials, bank management, and industry leaders what happened when regulations were removed or not enforced. Anyone else remember 2008-2010? We need regulations as banks don’t give a damn about anything but profits and stock prices. The financial, food, geriatric care, or whatever industries will not police themselves.” As if on cue, today at noon PT, 3PM ET, Marty Green from Polunsky Beitel Green, Matt VanFossen, Chief Executive Officer of Absolute Home Mortgage Corporation, and Loretta Salzano from Franzen & Salzano will be exploring what Trump’s election win means for the mortgage industry, including the FHFA, CFPB, and the Fed, and discuss the uncertainties around his policy decisions: Regulation Central. HUD knows a thing or two about rules and regulations, and HUD’s Julia Gordon is on Mortgage Pros 411 today at 11AM PT, 2PM ET. (Today’s podcast can be found here and this week’s is sponsored by PHH Mortgage. If you are looking for a Correspondent Lending partner or an experienced, award-winning subservicer who can manage your forward and reverse, residential and commercial, and performing and non-performing loans look no further than PHH. Hear an interview with Cross Country Mortgage’s Matt Weaver, who ranked No. 1 for Most Loans Closed and No. 4 in Top Dollar Volume per Scotsman Guide in 2023, on what sets apart quality originators and how to grind out volume in this rate environment.)