Hey, for you LOs who think things are slow, you can always go into golf. The best example of this is ex-LO Ben Griffin who has racked up $11 million in PGA winnings! A large number of professional athletes, active or retired, seem to live in Florida, Texas, or Arizona (taxes and climate being what they are). Of those, who suckles up to the federal government the most? As of 2022, federal funding made up 40% of overall revenue in nearly half of US states. Federal funding accounted for the greatest share of state revenue in Louisiana (50.5%), Alaska (50.2%), and Arizona (49.7%). By contrast, it accounted for just 22.2% of ND state revenue, 25.9% in HI, and 27.6% in VA. With Republicans looking to cut federal spending, some states will be more vulnerable than others. It is believed that President Trump will cut federal funding to California. California, by the way, not only accounts for 20 percent of the nation’s mortgage activity, but overtook Japan to become the 4th largest economy in the world. (Today’s podcast can be found here and this week’s are presented by Flyhomes, the leading wholesale lender for Buy Before You Sell solutions. Whether your borrowers run into DTI issues, need to unlock home equity for down payment, make a stronger, cash-like offer, or even move potentially with no cash out of pocket, Flyhomes provides a full suite of financial products to help them move forward, before selling their current home. Hear an interview with Cardinal Financial’s Brian Hurd on how manufactured housing, lender-builder innovation, and shifting policy and market dynamics are reshaping the path to attainable homeownership amid today’s affordability crisis.)