Lykken on Lending

In this compelling segment of Lykken on Lending , the team unpacks former Fed Governor Kevin Warsh’s pointed critique of the Federal Reserve and Chairman Jerome Powell. Warsh’s appearance on Fox Business stirred the industry with calls for immediate rate cuts, criticism of the Fed’s $4 billion office project, and concern over its growing politicization. The panel—led by Alice Alvey and featuring D...

This podcast segment explains how the recent federal tax bill halves CFPB’s funding and explores how loosening FHA guidelines on manufactured housing could be a strategic solution to today’s affordability crisis. ------------------------------------------------------------------ Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles developm...

This podcast segment breaks down last week's sideways bond market, highlighting the growing anticipation around CPI data and whether tariffs are starting to fuel inflation. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that existing products were only scratching the surface. Thus...

07-14-2025 "Both Sides Now" Bonds Don't Know Moves ----------------------- Bonds looked at moves from Both Sides Now from up and down, and still somehow, it's move-illusions, Bonds recall. They really don't know moves at all. China's deflation supports lower rates. Its PPI has been down year-over-year for 33 straight months. During the new Trump administration, the 10-year rate has risen to 4.80%,...

This podcast segment covers FHFA’s approval of VantageScore 4.0 and explores the operational and policy hurdles lenders must overcome before it can be widely adopted. ------------------------------------------------------------- Adam DeSanctis , VP of Communication at Mortgage Bankers Association As a strategic public affairs and communications executive with nearly two decades of experience,&nbsp...

In this episode of Lykken on Lending , we sit down with Pavan Agarwal, CEO of Angel AI, for a high-impact conversation on how artificial intelligence and blockchain are not just disrupting—but redefining—the mortgage industry. Broadcasting from Washington, D.C., Pavan shares insights from his recent visit to Capitol Hill, where he helped shape national conversations around crypto regulation and re...

The Lykken on Lending Weekly Mortgage Update  delivers expert commentary and timely insights from across the mortgage industry. Each episode features a curated lineup of respected thought leaders and analysts: Adam DeSanctis  with the  MBA Mortgage Minute , providing key updates from the Mortgage Bankers Association. Les Parker’s  TMSpotlight  offers a macroeconomic perspe...

As the mortgage industry grapples with rising delinquencies, affordability challenges, and conflicting economic signals, this week’s Lykken on Lending roundtable digs deep into the crosscurrents shaping the market. From the fallout of a $5 trillion tax bill to the Fed’s increasingly scrutinized stance on rate cuts, our experts explore how political pressure, global deflation from China, and shifti...

This podcast segment explains how the recent federal tax bill halves CFPB’s funding and explores how loosening FHA guidelines on manufactured housing could be a strategic solution to today’s affordability crisis. ------------------------------------------------------------------ Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles developm...

This podcast segment breaks down how a stronger-than-expected jobs report, combined with conflicting labor market signals, disrupted a bond rally and reshaped expectations for Fed rate cuts heading into July CPI data. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that existing pr...

7-07-2025 "China Grove" Woes Support Yields -------------------- Talkin’ ‘bout China Woe China woes support US mortgage rates falling to the low 6s. Its consumption remains historically low at 39% of GDP. Yet, it wants its economic model driven by domestic demand, supported by fiscal stimulus. The transition produces deflation, which gets exported to the US. So, despite the One Big...

This podcast segment covers how the MBA secured major wins for the mortgage industry in the newly passed 2025 tax bill, including permanent deductions for mortgage interest, MI premiums, and small business income. ------------------------------------------------------------- Adam DeSanctis , VP of Communication at Mortgage Bankers Association As a strategic public affairs and communications execut...

The Lykken on Lending Weekly Mortgage Update  delivers expert commentary and timely insights from across the mortgage industry. Each episode features a curated lineup of respected thought leaders and analysts: Adam DeSanctis  with the  MBA Mortgage Minute , providing key updates from the Mortgage Bankers Association. Les Parker’s  TMSpotlight offers a macroeconomic perspective...

In this week’s Lykken on Lending , the team unpacks the paradox of falling mortgage rates that have failed to jumpstart housing activity. Despite the 10-year Treasury dipping toward 3.60% and signs of rate cuts ahead, economic uncertainty and locked-in ultra-low mortgages continue to keep both sellers and buyers on the sidelines. The conversation highlights inventory shortages, affordability chall...

This podcast segment surveys the latest wave of mortgage tech—from cloud-native LOS platforms and AI assistants to capital markets bots and BI dashboards—while highlighting how the industry is rapidly evolving beyond traditional tools. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a su...

This podcast segment explains how shifting Fed rhetoric, a weakening labor signal, and upcoming inflation data are fueling bond market optimism for rate cuts as early as July. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that existing products were only scratching the surface. T...

This podcast segment unpacks growing calls for reforming loan officer compensation, highlighting industry frustration with outdated regulations, runaway costs, and the race to retain talent amid rising volatility. ------------------------------------------------------------------ Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles develop...

06-30-2025 “In the End” What Dropped? ————– It starts with TRUMP, one thing, I don’t know why. It doesn’t even matter how hard you try. Despite NATO’s continued self-defeating economic sanctions, the markets see the slow-burning Ukrainian war dragging European GDP down and keeping Oil contained. As a result, Bonds have little to fret over. Peace, limited prosperity, and China’s deflation give the...

This podcast segment highlights the House passage of key legislation aimed at ending the abusive use of mortgage credit trigger leads, signaling major progress in protecting borrower privacy. ------------------------------------------------------------- Adam DeSanctis , VP of Communication at Mortgage Bankers Association As a strategic public affairs and communications executive with nearly two de...

The Lykken on Lending Weekly Mortgage Update delivers expert commentary and timely insights from across the mortgage industry. Each episode features a curated lineup of respected thought leaders and analysts: Adam DeSanctis with the MBA Mortgage Minute , providing key updates from the Mortgage Bankers Association. Les Parker’s TMSpotlight , offering a macroeconomic perspective with his signature m...

In this thought-provoking segment of the Weekly Mortgage Update, industry veterans unpack the growing disconnect between market narratives and actual Fed messaging. With headlines misrepresenting measured commentary from Fed officials like Christopher Waller, and markets showing surprising restraint despite escalating geopolitical tensions in the Middle East, the conversation turns toward media re...

This podcast segment explores the double-edged sword of automation in mortgage tech, warning against careless AI implementation while highlighting modular innovations from Tavant, Maxwell, Fannie Mae, and others. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in...

This podcast segment explains how the market’s muted reaction to the Fed’s dot plot and geopolitical unrest reflects ongoing uncertainty around inflation and mixed signals from central bankers. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that existing products were only scratch...

This podcast segment covers that the trigger lead bill is advancing swiftly through Congress, while the mortgage industry faces growing pressure to modernize outdated workflows and embrace AI-driven change. ------------------------------------------------------------------ Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles development of...

06-23-2025 "Rawhide" The Middle East Is The Wild West ------------------ Build ‘em up. Move ‘em Out. Keep those loans a’ rollin' Though the rates are swollen. Keep them loans a’ rollin' Go High. The Middle East conflict is complex and carries a high potential for unpredictable consequences. A regime change in Iran needs the army to change its allegiance, and it will take time for the oppressed peo...