Today's Commentary · November 14, 2026

Nov. 14: Thoughts on HELOCs and AI, on the election results, on John Grisham; compliance notes; Saturday Spotlight: Finance of America

If you think that there is no way to spark the mortgage business, you’re probably wrong. For an illustration from another industry, let’s look at motorcycles: how often do you need one? I have toured its museum in Milwaukee, which is cool, and while sales volume for Harley-Davidson is down to 132,535 motorcycles last year, down from the sales peak of 344,000 bikes in 2006, the company has managed to face unfavorable demographic and economic headwinds relatively well. Despite an aging fandom and the kind...