Today's Commentary · July 27, 2026
July 27: LO jobs; DSCR, HELOC, market analysis, pricing rule tools; FHA, HUD, Ginnie changes; six D's worth noting
What PR firm turned the term “gambling” into “gaming” to make it sound more palatable and PC? There are many who will tell you that the amount of debt, both in the U.S. and around the world, is not a game, it’s a gamble. In 2025, the IMF reported that, across the globe, companies, households, and countries had amassed $251 trillion in debt. Looking toward the end of 2026, J.P. Morgan has warned that interest rates on such borrowings are set to spike, owing largely to dwindling populations...