[David] Mr. Kittle, let's get over to you. I know you got to exit out here really fast. So, it's over to you. Comments.
[David Kittle] I don't know. We haven't got it yet. I've got to listen which everybody will later in the show, Alice Alvey's comments two things about the Supreme Court decision.
[David] You can tee it up. She's going to talk about it. You're going to hear about it, but tee it up. That's a really important discussion.
[David Kittle] It is. It's the Chevron decision about whether or not the federal courts can hold firm when a regulator makes a decision and pretty much it becomes law instead of actually being put out there as a law. So, it affects the fisheries in this decision up in the Northeast, but the ramifications that it spreads out to particularly to our business and the mortgage business, what happens with the CFPB and Fannie and Freddie. Citizens can now take regulators to court over their decisions and litigate it. So, I think it's huge and something we got to watch out for because I think over the next 30, 60, 90 days, you're going to see a lot of lawsuits filed over what I believe are onerous regulations from our regulators on our business.
[David] I agree. I agree with you, especially in our industry that it seems like it's been very onerous. They roll it out with a good motive or with a good PR wrapped around it. But if you look at it, it's just getting, and Bob Brooksmith, said this so well here recently in his speech of just how it absolutely a spider web of regulations. it's just not bringing clarity. It's just creates a mess. I could get on and on about that, but.
[David Kittle] I think it also, if I could go back to the political comment, and I don't think it's bad thing when you have some partisan on here, but it's always seems to be when the right, or the Republicans have an opportunity to take over all three houses, all of a sudden from the left, that's a bad thing, and we need divided government. However, when they have it, it's just a wonderful thing. There's partisan and partisanship, isn't there? There's partisan.
[David] Yeah, that's always, that's so good, David. Appreciate you being here and your comments thoughts on interest rates. How are the members doing at TMC? What's the good reports.
[David Kittle] Look, we've had two months in a row of increased membership over sometimes people have gone out of business or we've a lot of consolidation and we're growing and we're really growing in the credit union space.
[David] And that's really interesting. Yeah, we saw a number of credit unions up at the Total Expert conferences last week. Really an excellent conference again, and I tell everyone who listens to it every time I come back from the Accelerate conference, which Total Expert puts on each year. It is just 1 of the best and yes, it's marketing focus, but in this day and age, we can use all the help we can get. Mr Kittle. Thanks for being here. I know you got our exit stage, right? Thanks for joining in being a part of that. You bet. Yeah.
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.