“The human brain is the most amazing organ in the human body. It works 24 hours a day, 365 days a year, from birth up until the moment that you buy your first NFT.” Money, some say, makes the world go ‘round. Last week we all learned that net production income for independent mortgage bankers fell to a $301 loss (13 basis points) for all of 2022, according to the MBA, a series low for the index which began in 2008. Marina Walsh, CMB, MBA’s VP of Industry Analysis, sagely observed, “The stellar profits of the previous two years dissipated because of declining volume, lower revenues, and higher costs per loan (which hit $10,624 per loan).” True: 1.5 closed loans a month per production employee stinks. LD knows a thing or two about rough times, and the industry took note of loanDepot’s settlement and cooperation agreement with Anthony Hsieh, its founder, chairman, former CEO, and largest shareholder. (LD is now trading around $1.52/share af