On a sad note, entrepreneur “Famous Amos” passed away a few days ago. Cookies are a major food group for me, and here was a fellow who had fun and made money providing a simple product and helping consumers! Home loans sure aren’t simple, but here in Michigan, at the MMLA, and across the nation there are a lot of mortgage people focused on helping consumers too. The talk in many places revolves around continuing to lower the cost to produce a loan, how certain exceptions should be made to the LO comp rules (for bond programs, for instance), and how the owners of servicing are quick to refinance borrowers. The folks attending the MMLA conference from Illinois are also watching a story unfold involving Ishbia. No, not Mat. His brother Justin; “A Chicago billionaire is ruffling feathers in a ritzy Lake Michigan neighborhood after he razed shorefront bluffs on his property to make way for an enormous $44 million mega-mansion. Justin Ishbia, 46, who co-owns the Phoenix Suns NBA team with his brother Mat, is already hard at work constructing his new home in Winnetka – which has seen the bluffs on his 3.7-acre property completely leveled and all greenery removed.” I know, not mortgage-related, but the activities certainly highlight the rights of property owners. (Today’s podcast is found here and this week’s is sponsored by Truv. Truv lets applicants verify income, employment, assets, insurance, and switch direct deposits. Unlock the power of open finance, with Truv. Hear an interview with Realfinity’s Luca Dahlhausen on the dual licensing future that potentially awaits originators and real estate agents.)