What is the mortgage collaborative? It is a group of lenders that are here to talk about what's working, and what's not working. How are we going to face margin compression? Which vendors and partners are delivering great CRM? What are we all dealing with out here as professionals? That is the point of collaborating.

Fed Chairman Jay Powell said that they assumed that the supply chain would get better. They assumed that inflation would get under control. He basically said they were wrong. They went from a 2% target back in June 2021, and now we're up at almost 8% inflation. So that's been a real problem.

The Fed is worried about inflation. They know they messed up. They made some assumptions and they're going to own it. But doesn't help the poor. We're facing rising home prices, rent costs, fuel, and food. But what helps people, no matter where they are, is getting them into a house. Let's keep putting people in homes, and keep building our communities. #KPTalks