Lykken on Lending

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...

In this episode, we dive into the transformative power of artificial intelligence in the mortgage industry with Pavan, the visionary behind Angel AI and Angel Twin technology. Broadcasting from San Juan, Puerto Rico, Pavan shares the excitement of the upcoming Diwali Avatar Party and unveils groundbreaking advancements that allow mortgage professionals to create personalized AI "twins." These AI-d...

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 update offers insights on AI's role in marketing, recent tech innovations like LoanLogics’ LoanBeam integration, and practical tips for evaluating vendors and tech solutions at the MBA Annual Conference. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in the...

This week's highlights three FHA mortgagee letters open for feedback, covering extended cyber incident reporting requirements, guidelines for nonjudicial foreclosures on secretary-held liens, and proposed changes allowing DE underwriters to work part-time while still being employed by a single company. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Par...

In this week's report, the bond market faces significant volatility due to election odds, trader positioning, and upcoming key economic data, with the potential for mortgage rates to shift dramatically in the next week. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that existing...

10-28-2024 The Great "Hello Walls" of China --------------------- Hello, Walls. (hello) How'd rates go for Bears today? The Bond bears continued to ride the speculation that China will meet stimulus expectations. What happens when it misses? When China's package falls woefully short, expect a significant short cover rally in US Treasuries, with mortgage rates reaching 6% by year's end. T...

The Mortgage Bankers Association (MBA) is advocating for reforms to modernize Section 8 of RESPA, addressing outdated compliance issues in areas like marketing agreements and digital lead generation to improve efficiency and benefit consumers and lenders in today’s mortgage market. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage...

In this episode of Lykken on Lending , David Lykken welcomes Pam Faulkner, Director of Professional Services at nCino, back for a deep dive into the challenges and opportunities of change management in the mortgage industry. With over 40 years of experience, Pam shares her insights from their recent presentation at nCino's Executive Forum, where they discussed the accelerating impact of AI, automa...

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...

In this episode of Lykken on Lending , David Lykken welcomes Shelley Leonard, a prominent thought leader in the mortgage technology space, for a deep dive into her journey and the innovations she's driving at Xactus. Shelley, with an impressive career that includes leading roles at Black Knight, shares her insights on the evolving mortgage industry, the challenges of scaling operations, and the in...

In this podcast episode, David Lykken is joined by Bobby Palmer, Marketing Manager at Byte Software, to discuss the importance of building a strong brand in the mortgage industry. Bobby, with over 20 years of experience, shares insights on how to amplify customer loyalty, maintain brand authenticity, and navigate the challenges unique to mortgage companies, where personal and company branding ofte...

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...

In this episode of Lykken on Lending , David Lykken is joined by two industry innovators, Alex Kutsishin, co-founder and CEO of Fuel, and legendary sales coach Todd Duncan. Together, they share their vision for Fuel, a groundbreaking platform that combines the simplicity of Netflix with the performance-driven approach of Peloton, designed to revolutionize personal and professional development. Ale...

In this episode of Lykken on Lending , we explore the critical importance of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations for mortgage lenders. David Lykken is joined by industry experts Bob Simpson, David Kittle, Alice Alvey, and Bill Corbet to discuss how these regulations affect lenders, the responsibilities around filing Suspicious Activity Reports (SARs), and the rol...

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...

In this week's report, the Fed's first non-emergency rate cut since 2019, a 50 bps reduction, sparked modest market reactions with focus on the dot plot projections and labor market data, suggesting potential further rate cuts contingent on economic trends. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MB...

In this insightful episode of Lykken on Lending , David Lykken sits down with Troy Garris, managing partner at Garris Horn LLP, to discuss some of the most pressing legal and regulatory challenges in the mortgage industry. With over 25 years of experience, Troy shares his expertise on key issues such as Loan Officer (LO) compensation, federal and state regulatory compliance, and the complexities o...

This week's reports FHA's draft revisions to cybersecurity incident requirements align with MBA's advocacy, including extending the reporting timeline, as the industry pushes for greater alignment with Ginnie Mae's 48-hour standard. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers Association As a strategic public affairs...

In this episode of Lykken on Lending , host David Lykken sits down with Eric Hussey, Senior Vice President and Chief Information Security Officer at Finastra, the world’s largest FinTech company, to discuss the evolving landscape of cybersecurity. Eric shares his journey in the industry, highlighting how technological advancements, such as AI and API integration, are transforming both opportunitie...

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...

In this episode, David Lykken interviews James Hooper from Quontic Bank, a CDFI that has fully embraced Angel AI to streamline its lending operations. James discusses how adopting Angel AI has significantly reduced costs, improved efficiency, and allowed loan officers to focus more on relationship-building while automating routine tasks. Quontic Bank, known for serving underserved communities, lev...

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...

In this week's report, the Fed's first non-emergency rate cut since 2019, a 50 bps reduction, sparked modest market reactions with focus on the dot plot projections and labor market data, suggesting potential further rate cuts contingent on economic trends. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MB...

9.23.24 "A Day In The Life" Of Powell ------------------- Locks up, fallout is dead. Drag new locks across the hedge.   The Fed’s 50 bps rate cut signals concerns about the labor market. However, Chairman Powell downplayed the likelihood of further outsized rate cuts. Mortgage rates rose in response. The era of short-term rates being higher than long-term rates is ending. ...