If olive oil is made from olives, what is baby oil made from? The regulatory framework, some would say “tangled web,” facing lenders is made from hundreds of federal, state, state, local, and quasi-governmental bodies. Analogies aside, near the top of the heap is the Consumer Finance Protection Bureau. The CFPB makes its priorities known and is concerned with redlining among other things. The CFPB can’t do anything about rising credit score costs, but for some reason people think it can. On Wednesday at 2PM ET, 9AM HT, the CFPB’s Mark McArdle will be educating us in a session sponsored by L1. (If you have questions you’d like asked, submit them to Robbie Chrisman.) The show will not be recorded, so tune in. Today’s podcast can be found here, and this week’s is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology and other services to the mortgage industry for almost four decades. Today’s has an interview with Change Wholesale’s Jeff Seabold on how lenders in the non-QM space plan to navigate amid higher interest rates, a growing affordability crisis, and other macroeconomic headwinds. Lender and Broker Products, Programs, and Services Popular history tells us the U.S. gold craze began with the rush of 1849 in California, but the first documented gold finding in America actually occurred half a century earlier in North Carolina. In 1799, 12-year-old Conrad Reed found a 17-pound nugget of pure gold while fishing in a creek just outside of Charlotte. Another golden opportunity awaits mortgage lenders in Charlotte this spring, as nCino is seeking speaking proposals for its nSight 2024 conference taking place May 14–16. If you’re an nCino Mortgage customer interested in sharing a success story or industry perspective, submit a speaking proposal by December 15. The final speakers selected receive free nSight registration!