[David] Mr. Kittle, we’re looking at some of the production numbers again. We’re seeing consistently pipelines are continuing to rise. We’re seeing lifting rates are getting lower pipelines. We’re seeing activity picking up. I think it’s because of what’s on the other side of what we’re going through now, or the anticipation of what’s gonna be on the other side of what we’re going through. Now, your thoughts
[Kittle] Hundred percent agree. I don’t know what I’d add to that. Everybody is in, I don’t know anybody that’s they always want more, right?
[David] Oh yeah, But what’s really interesting, those that are not having any kind of growth is because they’re tired. There is fatigue out there. If you’re a business owner, there is massive fatigue, and that’s why I think. Why certain people are being presented an option. Cross country is right now, offering is they’re buying people out, other companies are doing it. Bill Cosgrove is picking up companies and it’s basically no money up. You get to take your cash off the table, but you get to get rid of this stress that’s on you. And we’re gonna see an increase in that where what the article we saw at the beginning of the year on the National Mortgage News was talking about this was gonna be an year that eclipse all others when it comes to roll-ups purchases, acquisitions, shutting down. I think we’re gonna see more and more of that. So kudos to those who have the vision and the stomach to grow. Bill Cosgrove. Yes.
[Kittle] You know what has a lot to do with that too, if you’re our age or younger, let’s say if you’re, if you’ve been around 20, 25 years and you’re in the late fifties and you’ve been through all this that we’ve been through adding on AI for. People our age is an anxiety issue. It is, yes. And to take your stuff off the table, your cash off the table and hand it to somebody else, there’s a lot of people our age looking at that. Yep. Mark Helm, you’ve been through a lot of this and you were very fortunate to cash out when you did my friend.
[David] No, sometimes I’ll say a prayer for that, just about twice a day.
David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.
Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.
Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.
Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.
Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.
He resides in Louisville, Kentucky, he has four children and two grandchildren.