“Someone asked me to name two structures that hold water. I was like, well, damn.” As the storms continue to hit us in Northern California and Nevada, not only is my cat Myrtle ticked off, but we are reminded that it is either feast or famine in the Golden State. Take your pick, forest fires or biblical rain: Over 20 trillion gallons of water are supposed to fall on California in a two-week span. Yes, that’s with a “t.” Ratcheting back several decimal places, new estimates from the Census Bureau found that the U.S. population grew by only 0.38 percent from July 2021 to July 2022, which was the second-lowest growth on record behind just the 0.16 percent growth registered during the first year of the pandemic. The main thing increasing it was an increase in net immigration. To find comparably low rates one has to go back to the worst of the Great Depression, when growth was still a comparably robust 0.6 percent. All told, for those who don’t believe in pandemics, 24 states had more deaths overall than births. Texas, Florida, North Carolina, Georgia, and Arizona gained the most population numerically, while New York, California, and Illinois had the biggest losses. (Today’s podcast is sponsored by SimpleNexus, an nCino company and award-winning developer of mobile-first technology for the modern mortgage lender. Today’s has an interview with Ocrolus’ Rebecca Seward on investing in tech, automation, and innovation.) Lender and Broker Software, Products, and Services

Published On: January 10, 2023 / Categories: Mortgage News /