oday on Today in Mortgages, Michael and Rich break down the surprising nomination of Kevin Warsh as the next potential Fed Chair — and why the industry did not see this coming. They unpack his hawkish history, what this means for mortgage rates, how politics may influence the confirmation process, and why independent monetary policy still matters.

Plus, Rich and Michael recap an incredible weekend at Network Funding’s 2026 President’s Club in Napa Valley, including pickleball semifinals, vendor showdowns, and the power of celebrating wins as a company.

▶️ In this episode:

• Kevin Warsh’s nomination: why it surprised economists
• What his hawkish views might mean for rates
• The political drama around Powell’s investigation
• Why the Fed’s independence is essential
• How the 10-year Treasury still drives mortgage rates
• President’s Club highlights & celebrating production
• Network Funding’s “support your brand, don’t hold your hand” philosophy

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LOAN OFFICERS – Looking to GROW your business?
Find out how we’re helping our best producers get even better — and how you can DO MORE YOU inside the best network in mortgages:
👉 Join the Network
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FREE INDUSTRY INSIGHTS REPORT
Take our Loan Officer Survey and get your FREE industry report! Benchmark against peers, understand market trends, and plan your next move:
👉 Survey

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Credit report fees have skyrocketed—from around $0.50 to a proposed $10 per bureau in recent years! Why is this happening, and what does it mean for lenders and borrowers? In this episode of Today in Mortgages, we break down:

• How FICO royalties went from pennies to dollars
• Why credit report costs have surged nearly 500% in five years
• The role of trigger leads and lost revenue for bureaus
• VantageScore vs. FICO: Will competition help?
• What lenders are doing to manage these rising costs

LOAN OFFICERS – Looking to GROW your business?
Find out how we are making our best producers even better and how you can DO MORE YOU inside the best Network in mortgages by visiting https://you.nflp.com

FREE INDUSTRY INSIGHTS REPORT:
Take our Loan Officer Survey to get your FREE industry report! Benchmark yourself against peers, understand trends, and make better career decisions at Survey

Legal Disclosure:
Today in Mortgages is produced by Network Funding, LP, an equal housing lender, NMLS #2297. The content of this program is commentary on mortgage and real estate news and should not be taken as individual mortgage advice. All applicants must qualify. Visit Licenses - Network Funding for licensing info.

Hashtags:
#MortgageNews #CreditReportFees #LoanOfficerLife #HomeBuyingTips #TodayInMortgages

_

Today in Mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.*

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and/or products should not be taken as individual mortgage or home buying advice or pricing estimates. Any commentary on this show should not be considered a promise to make a loan. All applicants for a loan must qualify, and you should consult a professional regarding your individual loan scenarios for your financial situation.

Visit our website at https://nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Another CPI report is in, and it’s hotter than expected in key areas like housing. Plus, Trump’s proposal to ban institutional investors from buying single-family homes—will it make a real difference for first-time buyers? We break it all down in this episode of Today in Mortgages.

What you’ll learn in this episode:
- Why the latest CPI report matters for mortgage professionals
- How housing inflation impacts affordability
- Trump’s proposed ban on institutional buyers—what’s real and what’s hype
- Practical ideas to help first-time homebuyers compete
- How Network Funding is helping loan officers win in today’s market

Plus, we’ve got a special invite for loan officers: take our industry survey at https://todayinmortgages.com and get a free benchmark report to see how you stack up in comp, tech, and support.

Listen in as we discuss this and more!

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Looking to GROW your business?
Find out how we are making our best producers even better and how you can DO MORE YOU inside the best Network in mortgages by visiting https://you.nflp.com

--

Take our Loan Officer Survey to get your FREE industry report! Benchmark yourself, understand trends, and make smarter career decisions at https://todayinmortgages.com/survey/

#MortgageNews #RefinanceBoom #LoanOfficerLife #TodayInMortgages #NetworkFunding

______

Today in Mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.*

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and/or products should not be taken as individual mortgage or home buying advice or pricing estimates. Any commentary on this show should not be considered a promise to make a loan. All applicants for a loan must qualify, and you should consult a professional regarding your individual loan scenarios for your financial situation.

Visit our website at https://nflp.com/licenses for all state licensing and other legal information.

See more at TodayInMortgages.com

Want to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here.

Learn more about Network Funding on our parent site.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.