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...

The Mortgage Bankers Association announces that FHFA, Fannie Mae, and Freddie Mac have delayed the implementation of their Reconsideration of Value (ROV) policies to October 31st, following MBA's request for an extension to allow lenders more time to comply. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers Association As...

08-12-2024 "Always Crashing in the Same Car" Into The Bear Wall --------------------- The market’s going ’round and ’round the DATA garage Must have been getting close to 3.44. The struggling Dollar and Gold’s sustained bullishness point to calamity ahead. Meanwhile, Crude Oil and Bonds do not expect WW3 within the next two weeks. After the 10-year T-Note yield reached 3.67 and corrected to 4...

This report analyzes recent bond market milestones, including the uninversion of the yield curve and key economic indicators, with a focus on how upcoming inflation data could influence Federal Reserve rate cut decisions. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that existin...

In this podcast episode, Dino Katsiametis shared insights into Ethos Mortgage Company’s innovative hybrid business model, which combines the flexibility of a mortgage broker with the control of a delegated lender. He explained the advantages of this model, such as lower costs, scalability, and the ability to choose from multiple lenders to ensure the best pricing and service for clients. Dino disc...

This week's update discusses key trends in the mortgage industry, focusing on the importance of cybersecurity, the effectiveness of digital assistants, and the need for proactive customer service strategies. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in the m...

Alice Alvey provides guidance on meeting the October 31st compliance deadline for the interagency Reconsideration of Value, focusing on developing and implementing necessary policies, procedures, and training. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at  Union Home Mortgage She handles development of their Worl...

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...

David Kittle emphasizes the critical role of leadership and communication in the mortgage industry, noting stable production levels and discussing potential impacts of rate cuts on refinancing and mortgage servicing rights. ----------------------------------------- David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founde...

A calm week in the bond market with limited volatility, ongoing speculation about potential Fed rate cuts, and anticipation of key economic data releases, including GDP and PCE. ----------------------------------------------------- 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....

07-22-2024 Bulls Say "Welcome to Paradise" --------------------- Dear Powell, Can you hear Jobs whining? It's been three whole years since inflation felt your hold. Despite declining volatility, the new bullish trend remains solid. News continues to affirm that two rate cuts make long-term rates happier three. According to the BofA Global Fund Manager Survey, geopolitical conflict is the biggest t...

The Mortgage Bankers Association is urging its members to contact their Senators to support the addition of the Homebuyers Privacy Protection Act of 2024 to the Fiscal Year 2025 National Defense Authorization Act, a critical step in curbing the abusive use of trigger leads. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers...

In this podcast episode, we discuss significant changes in the real estate industry stemming from a major lawsuit involving accusations of brokerages fixing commissions. Expert Ashley Terrell-Kayiran explains the upcoming implementation of these changes, notably the removal of commission fields from MLSs by August 17th and the new requirement for buyer's agents to negotiate and articulate their fe...

he 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 @ Cypr...

We are in a real treat today as we host Robin Clayton of PRMG, a leading figure in marketing technology, known for managing 80 tech platforms and earning accolades such as HousingWire's 2024 Marketing Leader. In this episode, Robin shares her journey from a temp job to mortgage industry leader, emphasizing the importance of raw data integrity, empathy in user experience, and the power of authentic...

Angel AI, a groundbreaking innovation from Celligence, is revolutionizing the mortgage and financial services industry with its advanced artificial intelligence capabilities. Founded on visionary thinking by Pavan Agarwal, Angel AI leverages state-of-the-art technology to offer unparalleled solutions in financial planning, credit repair, and even tax preparation. Its intuitive design and rapid lea...

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...

Today, we dive into the fascinating world of technology, finance, and real estate with a special guest, David Levine of Liquid Hearts Club, affectionately known as Moto. David shares his remarkable journey from pioneering online mortgage trading platforms in the late 90s to his current ventures at the intersection of real estate, finance, and blockchain technology. David and Moto discuss the evolu...

Lenders One, under the leadership of Justin Demola, is a national cooperative dedicated to empowering its members—comprising independent mortgage bankers, banks, and credit unions—through innovative solutions that reduce costs and improve efficiencies. Building on the success of its credit reporting service, Lenders One has also launched L1Insurance. This initiative is designed to streamline the i...

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...

Allen Pollack discusses the impact of new technology updates from Apple, challenges of app development in the mortgage industry, and the potential of AI chatbots like Claire in real estate. ----------------------------------------------------- Allen Pollack , Tech Consultant Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in the mortgage originatio...

FHA's recent updates to the 203K Rehabilitation Program, detailed in Mortgagee Letter 24-13, include increased caps, extended rehab periods, and enhanced options for financing consultant fees, aiming to broaden homeownership opportunities and streamline project management. ---------------------------------------------------- Alice Alvey , Master CMB Vice President Partner Education and Training at...

Last week's bond market saw favorable movements driven by lower-than-expected CPI data, leading to increased speculations about potential Fed rate cuts, while political events had minimal impact on market reactions. ----------------------------------------------------- Matt  began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that existing prod...

07-15-2024 "Espresso" Brewing Liquidity Issues ------------------------ The markets movin’ in a tight range. Isn’t that sweet? Try not to sleep. Don’t you need Espresso? Some news gives you a jolt. Then you see the screen blink red and green because it's speculating about nothing. No easing, high inflation. High easing, no growth. No liquidity. High drama. Since the B...

HUD has announced significant updates to FHA's 203k Rehabilitation Mortgage Insurance Program, increasing allowable rehab costs, extending rehab periods, and adjusting consultant fees, all of which were advocated by the MBA to address housing supply shortages. ------------------------------------------------------------- Adam DeSanctis , Director of Public Affairs at Mortgage Bankers Association A...