“There’s a splendid saying about the definition of an economist being someone who “will know tomorrow why the things they predicted yesterday didn’t happen today.” Everyone’s warning everyone about everything these days: Recessions, inflation, housing price collapses, the loss of democracy, Congress becoming unnecessary. The bigger the prediction, the bigger the headlines.” How about predictions on the path into the future of Freddie Mac and Fannie Mae? A safe bet is privatization, but how? FHFA Director Bill Pulte is speaking at the MBA’s conference next week. We’ll see if he says anything different about Freddie and Fannie than this interview on CNBC yesterday… or anything we didn’t already know. Speaking of policy and politics, while he, along with many mortgage lawyers and compliance folks, attends the MBA’s Legal Issues and Regulatory Conference in San Diego this week, Attorney Brian Levy explores the uncertain future of disparate impact theory in mortgage lending as the political tides shift. With a blend of legal insight and sharp commentary, Levy questions whether DI, and by extension, DEI, can survive a second Trump administration. Is this the end of an era, or just another spin on the regulatory merry-go-round? (Today’s podcast can be found here and Sponsored by TRUE and its Mortgage Operations Service (MOS) AI background worker, which transforms borrower documents into instant, trustworthy data for real-time decisioning. TRUE helps lenders accelerate decisions, cut costs, and deliver superior borrower experience, all without a $100M tech budget. Hear an interview with TRUE.ai’s Steve Butler on automating back-end tasks to reshaping the roles of originators with AI, while uncovering the biggest opportunities, misconceptions, and strategic considerations for navigating uncertain markets.)