President Trump has recommended that publicly held companies only report earnings every six months instead of every three. Don’t stockholders deserve more timely information to make educated choices, not less? For example, bond market investors who rely on government releases to make decisions seem nearly frozen in their tracks, and the government has only been shut down for about a week. Lenders try to learn things from every source, and in today’s Advisory Angle at 2PM ET, powered by the Chrisman Commentary, STRATMOR’s Garth Graham, Sue Woodard, Will Ayer, and Madison Ayer reveal what the mortgage industry can learn from hospitality, exploring how lenders can systematize service to create borrower experiences that drive clarity, confidence, and lasting loyalty. Speaking of learning things, thank you to everyone who wrote yesterday reminding me that, given the Fifth Third/Comerica news, Comerica Bank exited the warehouse lending business in 2023 during the regional bank liquidity crisis. (Plenty of other banks have stepped in: If you’d like your warehouse services listed in the Marketplace, please send an email for details.) (Today’s podcast can be found here and this week’s are sponsored by Truework, the only all-in-one, automated VOIEA platform that helps mortgage providers achieve up to 50 percent cost savings with an industry leading 75 percent completion rate. Today’s features an interview with Truework’s Randy Lightbody on the Fed’s recent rate cut and its impact on borrower behavior, what lenders should watch for, how homebuyers might respond to lower rates, and the critical role of integration and automation in building a more efficient, sustainable path to homeownership.)
