How can we be on the waning days of summer already? Didn’t the school year just end? Here in Central Michigan at the Michigan Mortgage Lenders conference, and next week at the California MBA’s Western Secondary (with over 600 registered), an important topic is our Federal Reserve being in the crosshairs of the current president. One Federal Reserve District President resigned on Friday, rumored to be because of pressure. Is Jerome Powell right to ignore the clamoring? In the latest Thought Leadership piece, it is suggested that, “The irony is that in refusing to be the central banker everyone wants, Powell may be fulfilling the role the economy actually needs.” There is good news, however, in the abusive trigger lead front: H.R. 2808, the “Homeowners Privacy Protection Act,” is set to go before Trump. But it may not be the cure-all originators are hoping for. There are criteria (see below) so your legal team should read it before you stop advising clients to enroll in the “Do not call” list. (Today’s podcast can be found here and Sponsored by Total Expert, the purpose-built customer engagement platform trusted by hundreds of modern financial institutions. Total Expert turns customer data into actionable insights that help lenders engage and guide consumers through complex financial decisions. Hear an interview with Longbridge Financial’s Chris Mayer on HELOCs for seniors and how the mortgage industry can better serve aging homeowners.) Products, Services, and Software for Lenders and Brokers