Posted To: Pipeline PressOut in California and parts of the West it’s “hotter than Satan’s house cat.” California is once again having rolling power outages, and an opinion piece by the ex-CEO of Wells Fargo doesn’t paint an improving picture on the financial side of things. (Susan Milazzo, the CEO of the California MBA, is also following a potential new California consumer watchdog group.) There isn’t a lot of wonderful news anywhere, frankly, which experienced loan originators know points to continued low rates. But too much of a “good” thing isn’t good. Lyft reported dramatic drops in riders and revenue in the 2 nd quarter, both falling more than half, and Uber ride bookings were down over 70 percent from the previous quarter, and TSA airport screening numbers…(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.