Lykken on Lending

This week's report The Mortgage Bankers Association (MBA) announced that the Senate's manager's package for the 2025 NDAA includes the Homebuyers Privacy Protection Act, aiming to curb trigger lead abuses, with the final outcome pending negotiations between the House and Senate. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Ba...

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 week's report covers the 2025 increase in conventional loan limits, key insights from HMDA data on market trends, and resources for lenders to analyze mortgage application and loan data. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles development of their World Class Training p...

The week's report discusses the bond market's reaction to recent CPI data, Fed speakers' comments, and speculation about the size of an upcoming rate cut, highlighting the impact of the dot plot on market expectations ahead of the Fed's decision. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-t...

This week's report covers Federal Reserve Vice Chair Michael Barr's proposed revisions to the Basel 3 endgame, addressing MBA's concerns about mortgage market impact, including reduced risk weighting for single-family mortgages and relief for regional banks, with potential delays in rule implementation beyond 2025. ------------------------------------------------------------- Adam DeSanctis , Dire...

This week's segment covers key mortgage tech trends, including ICE's transition to APIs, the growing importance of fraud prevention and compliance, and the evolving landscape of customer security in the mortgage industry. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter e...

09.16.2024 "Wooden Ships" Calm Seas, Prepare for Unexpected ------------------------ Wooden Ships above the oil, barely free. Easy, Bonds know the way it’s supposed to be. Gold rose sharply above 2600, an all-time high, in fear of a broader war. The US and NATO signaled they will arm Ukraine with long-range missiles. Putin said such action means the US and NATO would be directly at war with Russia...

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...

09-09-2024 Jobs are the "Rock Brigade" ----------------------- Jobs are bangin' on their drums, bangin' on Bonds’ door, wavin' their flags, tellin' Bonds to score. Watch out for the Rock Brigade. On the eve of Fed easing, inversion ended between the 10-year and 2-year Treasury Notes as Job weakness gained momentum. Flash indicators across the globe showed economic sluggishness, with Chin...

This week's report highlights an upcoming MBA pre-election webinar on September 17th, offering insights into legislative and political changes that could impact the mortgage industry as Election Day approaches. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers Association As a strategic public affairs and communications ex...

The week's report covers a volatile week in the bond market, driven by key economic data and Fed commentary, with market participants weighing the likelihood of a 25 or 50 basis point rate cut in the upcoming Fed announcement. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that ex...

This week's segment discusses the oversaturation of AI in the mortgage industry, the challenges of vendor overpromises, the risks of tech bias, and the importance of user-centric design and vendor management. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in the...

Alice Alvey explores the current legislative gridlock in housing policy, challenges with realtor-lender agreements, and the shifting dynamics within the real estate and lending industries. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles development of their World Class Training prog...

In this insightful episode, David Lykken welcomes back Pavan Agarwal of SunWest Mortgage for a deep dive into the evolving role of AI in the mortgage industry. As they explore Mustafa Suleyman’s book The Coming Wave , the discussion emphasizes how AI is set to disrupt and transform the sector, bringing unprecedented efficiencies while reducing costs. Pavan shares real-world examples of how Angel 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 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 report outlines the FHFA's proposed 2025-2027 housing goals for Fannie Mae and Freddie Mac, including new compliance processes and the potential impact on low-income and underserved populations, with an invitation for public comment. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers Association As a strategic public af...

This week's update explores AI's growing role in the mortgage industry, addressing its challenges, potential, and impact on underwriting, while also discussing the importance of user-centric design and the evolving role of consultants. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a su...

The week's report analyzes recent bond market volatility, driven by economic data, Fed policy signals, and market reactions, with a focus on upcoming economic indicators and their potential impact on yields. ----------------------------------------------------- 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 wer...

08-26-24 "The Weight" Takes Time -------------------------- Take a load to Fannie. Take a lock for free. Ship The Weight to Ginnie. Our target of a sub-6% mortgage is 50 bps away. Softening Jobs and receding inflation expectations give credence to the FOMC minutes and Powell's speech, signaling a September ease. Market exuberance has built 100 bps of easing by New Year's Eve. O...

This report covers legislative updates and strategic considerations for real estate commissions, emphasizing the importance of compliance and market awareness. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles development of their World Class Training program designed to support UHM p...

In this episode, David Lykken interviews Steve Majerus, CEO of Synergy One Lending, who shares his journey of leading a management buyout during the pandemic and how he has navigated the challenges of the mortgage industry with a focus on strategic vision, innovation, and authentic leadership. Steve discusses the importance of adaptability, building a strong team, and embracing technology to stay...

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 sits down with Pavan Agarwal, Founder and CEO of SunWest Mortgage. He is also the visionary behind Angel AI. A pioneer in AI-driven mortgage solutions, they discuss the latest developments in artificial intelligence and its impact on the mortgage industry. They delve into a newly published article that highlights the inherent biases found in large language models (LLM...

In this episode, David Lykken interviews Allan Weiss, founder and CEO of Weiss Analytics, about his pioneering work in real estate analytics, including the development of the Case-Shiller Index. Allan discusses his latest innovations, ValShare and ValPro, which allow homeowners to sell portions of their home equity and provide AI-driven property valuations, respectively. These tools offer new ways...