I think the industry has shown incredible resilience. At the end of last year and the beginning of this year, we were anticipating three rate cuts in 2024. As of today, it doesn't appear that the market is pricing those in as much, meaning that the mortgage market is considerably more difficult than I would have anticipated at the beginning of the year.
Plack: I think part of that stability comes from some of the Fed comments about being done raising rates, which is good. But I am really impressed with the rest of the industry and their ability to keep things moving, even though volumes are down. Everyone is still working hard, still originating loans, and a lot of people are still in business, and that's a r
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