Lykken on Lending

In this episode of Lykken on Lending , David Lykken sits down with Joe Wilson, CEO and Founder of Social Coach, to discuss the transformative role of social media in the mortgage and financial industries. Joe shares insights on how his cutting-edge platform empowers professionals to navigate the complexities of compliance, build authentic relationships, and leverage personalized video content to s...

The Lykken on Lending program will feature our Weekly Mortgage Updates with  Adam DeSanctis and his MBA Mortgage Minute , and then  Les Parker’s TMSpotlight ,  a macroeconomic perspective on the economy  with a music parody. That leads to  Matt Graham of MBS Live  providing you a rate & market update , followed by  David Kittle , Chief Executive Officer @ Cyp...

The segment explores the role of AI in business, career challenges in technology, borrower retention strategies, and the importance of using AI as a tool to enhance critical thinking and problem-solving skills. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in th...

The segment discusses proposed FHA loss mitigation changes, including increased loan limits and revised policies, urging industry feedback by December 23rd, while highlighting concerns over tight deadlines and the need for experienced leadership in housing policy. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at  Un...

Matt Graham provides an MBS market update, highlighting bond market movements, key economic data, and expectations for the upcoming jobs report and its implications for Fed decisions. ----------------------------------------------------- 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 su...

12.2.24 Affordability Remains an Obstacle and Servicing values will Drop, it's a "Ball of Confusion" ----------- People selling out, people buying in because of the color of their screens. With the Fed listening to Bonds and data, look for 30-year mortgage rates to stay below 7.75 and reach 6% by yearend while the 10-yield falls below 3.50. Stop break dancing. It will be without significant increa...

Adam DeSanctis highlights the FHA's proposed permanent loss mitigation waterfall, a top MBA priority, outlining updates to repayment policies, home retention options, and disposition strategies, with comments due by December 23, 2024. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers Association As a strategic public affai...

In this episode of Lykken on Lending , David Lykken steps beyond finance to tackle a challenge every high performer faces: managing stress and optimizing health. Joined by Dr. Tracy Gapin, a renowned health optimization expert and founder of the Gapin Institute, the discussion dives into how stress hormones like cortisol impact energy, focus, and longevity, and how tools like wearable technology a...

The Lykken on Lending program will feature our Weekly Mortgage Updates with  Adam DeSanctis and his MBA Mortgage Minute , and then  Les Parker’s TMSpotlight ,  a macroeconomic perspective on the economy  with a music parody. That leads to  Matt Graham of MBS Live  providing you a rate & market update , followed by  David Kittle , Chief Executive Officer @ Cyp...

The discussion explored AI's potential in mortgage technology, creative social media branding strategies, and the challenges of integrating rapidly developed tech solutions with misaligned user expectations. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in the m...

The discussion covered FHA's proposed rental income flexibilities, insights on HUD's new leadership under Scott Turner, and the ongoing need for modernized housing policies and technology improvements at HUD and Ginnie Mae. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles development...

This week's the bond market shows signs of stabilization with yields leveling off, moderate economic data influencing trends, and upcoming key reports like PCE inflation and jobs data expected to shape market movements after the Thanksgiving holiday. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in re...

11.25.24 "Waterloo" The Dollar Rises, Rate Change Coming  ----------------------- Bye, Bye At Waterloo, Napoleon did surrender Old Joe’s IRA met its destiny in quite a similar way. Biden’s Waterloo is trying to spend the excessive IRA. The significant rise in the Dollar confirms international investors approve of the policy direction of the incoming team. Additionally, global economic we...

The FHA's proposed rental income policy revisions aim to expand homeownership opportunities while the MBA gathers feedback and promotes its upcoming IMB Conference in Austin, Texas. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers Association As a strategic public affairs and communications executive with nearly two decad...

The Lykken on Lending program will feature our Weekly Mortgage Updates with  Adam DeSanctis and his MBA Mortgage Minute , and then  Les Parker’s TMSpotlight ,  a macroeconomic perspective on the economy  with a music parody. That leads to  Matt Graham of MBS Live  providing you a rate & market update , followed by  David Kittle , Chief Executive Officer @ Cyp...

The FHA Mutual Mortgage Insurance Fund's strong financial health, with a capital ratio well above the statutory minimum, prompts calls for premium reductions and policy changes to enhance housing affordability and borrower relief. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers Association As a strategic public affairs a...

11.18.24 The Inflation "Sleigh Ride" ----------------- Just hear those sleigh bells jingle-ing, ten years cratering, too, Come on, it's lame-duck weather for a slow ride to low rates with you. When the final advent candle is lit, will rates rise or slide fifty basis points? The answer should come this week. The bearish trend, uncertainty over the fiscal sanity of the Advanced Economies,...

This week's report analyzes the ongoing rise in treasury yields and mortgage rates, highlights key economic data impacts, and examines the Federal Reserve's cautious approach to potential rate cuts amid evolving economic conditions. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt t...

This segment explores the transformative impact of digital-first strategies, AI-driven tools, and customer engagement innovations on the mortgage industry, emphasizing the importance of staying ahead in a rapidly evolving landscape. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subje...

This segment explores the FHA's actuarial report, its implications for MIP premiums, and how evolving market dynamics are impacting borrowers and lenders in the mortgage industry. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles development of their World Class Training program desig...

The Lykken on Lending program will feature our Weekly Mortgage Updates with  Adam DeSanctis and his MBA Mortgage Minute , and then  Les Parker’s TMSpotlight ,  a macroeconomic perspective on the economy  with a music parody. That leads to  Matt Graham of MBS Live  providing you a rate & market update , followed by  David Kittle , Chief Executive Officer @ Cyp...

This segment explores opportunities for veterans in tech, highlights advancements like telehealth and mortgage automation, and discusses industry updates including funding rounds, integrations, and solutions for uncollected appraisal fees. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is...

The FHFA has proposed a new rule to enhance governance within Federal Home Loan Banks by modernizing board requirements, clarifying expertise standards, and implementing conflict of interest policies, with a public comment period open until February 3rd. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home M...

11-11-2024 For Rates "A Change Would Do You Good" ------------------- With the Republican mandate, expect rates to favor their fiscal agenda. Neo-Keynesian analysts modeled higher deficits. So, rates increased as Trump’s election odds increased. Yet, the models have always been wrong about deficits because they miss growth and are baffled by cutting bureaucracy. Last week, the 10-year yield tested...

Following the 2024 election, Donald Trump's return to the presidency, along with anticipated Republican Senate control, signals potential shifts in mortgage policy, GSE reform, and regulatory leadership, with the Mortgage Bankers Association planning further analysis on implications for the industry. ------------------------------------------------------------- Adam DeSanctis , Director of Public...