In this episode of The Spotlight, host Wes Horbatuck speaks with Mike Fratantoni, chief economist at the Mortgage Bankers Association (MBA), about the current economic landscape affecting the mortgage industry. They discuss the recent trends in mortgage rates, the dynamics of mortgage origination volume, the challenges lenders face in maintaining profitability, and the critical role of technology in navigating these challenges. The conversation also touches on the industry’s morale and the outlook for the future, especially as the MBA annual conference approaches.