Lykken on Lending

The Mortgage Bankers Association (MBA) recently unveiled its highly anticipated 2023 Q1 performance report on May 18, 2023. IMBs reported a net loss of $1,972 on each loan they originated in the first quarter of 2023. This has improved from $2,812 per loan loss in the Q4 of 2022. Marina Walsh of MBA discussed the factors for this report and the forecast for the year.   Important Links · ...

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 @ Cypress Mortgage Capital, t...

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...

Cryptocurrency payment for mortgage transactions is a relatively new concept that is gaining popularity. The use of cryptocurrency for real estate transactions offers many benefits, including faster transactions, lower fees, increased transparency, and the ability to facilitate cross-border transactions. While there are some challenges associated with the use of cryptocurrency, these can be mitiga...

An appraisal is an important part of the mortgage process that helps lenders determine the value of a property being used as collateral for a loan. In this episode, Brent Jones of R3 AMC will explain and introduce to us the basics of appraisals in the mortgage industry, including why they’re necessary, what factors impact the value of a property, and what happens if the appraisal comes in low.

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...

Artificial intelligence (AI) is a rapidly growing and evolving field that has many exciting developments and applications. Some of the current trends and advancements in AI today which is a hot topic is ChatGPT. As technology continues to advance, we can expect to see even more innovative and impactful uses of AI in the future. Gabe Minton of Mortgage Connect sat with me to discuss AI and its acco...

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...

As the mortgage servicing industry continues to evolve and adapt to new challenges and opportunities, it’s important to stay informed about the latest trends and developments. In the episode, Seth Sprague of Richey May will be discussing the servicing trends and how it is impacting the mortgage industry in these times.

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 @ Cypress Mortgage Capital, t...

Artificial intelligence is not only a technological advance, but a game-changing force that allows us to shape a better future for everyone. In this episode, Jeffrey Palermo , Chief Architect of Clear Measure , dives into the fascinating world of Artificial Intelligence. As a systems expert, Jeffrey shares his insights on what AI is, its significant impact, and the immense potential it holds for t...

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 industry is largely human-forward, and it has been that way over the decades. But that doesn’t mean there is no room for technology to take center stage in solving some of the problems in the industry. In fact, there are so many emerging use cases for financial technology that are only just coming to the fore. One example is how Candor helps in eliminating repurchases, which can be 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 @ Cypress Mortgage Capital, t...

Video is not just a medium; it's a powerful tool that can help businesses achieve their goals. It delivers their message, builds their brand identity, and engages with their audience in a way that no other medium can. In this episode, we have Neco Turkienicz , founder of Leib Productions . Neco owns a company that helps businesses create compelling video content to achieve their marketing goals. T...

The Mortgage Collaborative University is a valuable educational platform for mortgage professionals who want to improve their skills, knowledge, and career prospects. It offers flexible and comprehensive courses delivered by industry experts focusing on practical applications. The collaboration aspect of MCU creates a community of professionals who can share knowledge and insights, leading to cont...

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...

Since its release in late 2022 ChatGPT has been making the rounds across all industries, and the mortgage industry is no exception. What use cases are there for ChatGPT for lenders? How will ChatGPT and AI tools like it define the future of the industry? Joining David Lykken to share his insight into this topic is Shashank Shekhar , founder of Insta Mortgage , one of the fastest-growing private co...

The lending industry can definitely benefit from customer intelligence, which uses data science, machine learning, and artificial intelligence to gain insights about customers and how they can be served better. In today’s episode, Total Expert CEO Joe Welu joins David Lykken and shares the innovative solutions of the Total Expert fintech system. Joe explains how data-driven businesses take the 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...

We are in the age of customer experience. When using technology, it is crucial for companies to infuse it with customer insight for it to hit the spot. This is what SimpleNexus brings to mortgage technology. In this conversation with David Lykken, Chief Customer Officer Andria Lightfoot shares how the company uses customer intelligence to improve the customer journey. Andria opens our eyes to the...

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 @ Cypress Mortgage Capital, t...

The Townstone Financial Case is the second suit against the CFPB (Consumer Financial Protection Bureau), which has been aggressively pursuing redlining claims against independent mortgage bankersover the past couple of years. This time, it lost, and this landmark case gives us key takeaways on just how much power should be in the hands of the CFPB and how do we know it is already overstepping its...

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...