Today's Commentary · June 16, 2026

June 16: Title partner sought; AI products; Fair Lending, deportations, and service animals; AI governance; Pennymac's AI path

Sure, we have a Fed meeting, but the Fed doesn’t set mortgage rates. Will they all head off on vacation after this week? Perhaps. Given the increase in the “out of office” replies I am seeing, and children in airports, summer vacation is in full swing. (Apparently families will change their spending habits to accommodate the run up in fuel costs; my local gas station won’t let me go above $100 per visit on my credit card.) In an extreme example to time management, the...