Here in Louisville, KY, at the TMC event, this one is making the rounds. “What does a real estate agent’s wife say if she can’t sleep? ‘Honey, tell me about your day at work.’” Inventory continues to be low. While lenders everywhere seem concerned about the implications of the proposed NAR settlement (and I am sure that the real estate industry will figure out), how about the cost of their client owning a home? Homeowner’s insurance is either skyrocketing in cost or being eliminated entirely. California, the source of 20-25 percent of home loans, is in the news: California’s insurance commissioner Ricardo Lara “spoke out after the state’s largest home insurance provider announced that it would discontinue coverage for tens of thousands of policies this summer. State Farm will cut 72,000 home and apartment policies in California because of inflation, regulatory costs, and increasing risks from catastrophes.” For some good news, you can take Navy Fed off the list of lenders suspected of using race in its underwriting decisions, a story that created negative headlines in December. Good for Navy Fed! (Found here, this week’s podcasts are sponsored by Stavvy. Stavvy offers a flexible and fully customizable loss mitigation solution. Servicers can easily adapt to regulatory updates and market conditions, providing a seamless, customer-centric digital experience. Today’s has an interview with yours truly on the current conference environment and the challenges facing lenders in continuing to cut costs.)