Lykken on Lending

The key to our economy, as well as to our industry, is having sustainable and long-term healthy homeownership in America.  For most Americans, owning a home is thee American Dream.  But until now, there hasn't been an organization who's sole purpose was to be an advocate for America's homeowners.  Our special guest, Phil Bracken, recognized this need and formed America's Homeowner Alliance (AHA)....

On Today's program, we have invited Jess Lederman & Jeff Lebowitz to join us on the program to talk about the first comprehensive multi-volume resource for mortgage professionals since the meltdown.  This multi-volume resource is titled The Mortgage Professionals Handbook covers every aspect of the mortgage business; for anyone involved in production, secondary marketing, operations, compliance, t...

This program is a re-broadcast of Monday's (2-29-16) "Hot Topic" segment about Home Mortgage Disclosure Act (HMDA) with Alice Alvey.     As most of you are aware, the Consumer Financial Protection Bureau (CFPB) finalized the Home Mortgage Disclosure Act (HMDA) rule in October 2015.  With all the focus on TRID, many are not aware that the new HMDA rule adds 25 new data points and modifies 14 others...

As most of you are aware, the Consumer Financial Protection Bureau (CFPB) finalized the Home Mortgage Disclosure Act (HMDA) rule in October 2015.  With all the focus on TRID, many are not aware that the new HMDA rule adds 25 new data points and modifies 14 others in addition to the existing 9 data fields that were already required.  Additionally, lenders now must begin to start reporting data on o...

Since the housing market meltdown in 2008, the introduction of new regulations and the impact of technological innovation have completely changed “business as usual” for mortgage lenders. Recent economic jitters have some wondering about the long-term health of housing and the implications for loan originators. On this program, I had a very interesting interview with David Gansberg, President and...

Since the housing market meltdown in 2008, the introduction of new regulations and the impact of technological innovation have completely changed “business as usual” for mortgage lenders. Recent economic jitters have some wondering about the long-term health of housing and the implications for loan originators. Today I’ll be talking with David Gansberg, President and Chief Executive Officer of Arc...

NOTE TO LISTENERS:  This is a rebroadcast of just the "Hot Topic" segment from this past Monday's program with NANCY ALLEY, VP of Strategic Planning for Simplifile This program is the second in a two program series dealing with issues that lenders are facing since TRID went into force.  One of this issues we briefly touched on last week was the interaction with settlement agents.  On today’s progr...

Today’s program is the second in a two program series dealing with issues that lenders are facing since TRID went into force.  One of this issues we briefly touched on last week was the interaction with settlement agents.  On today’s program, we are going to focus on what you can do to work more collaboratively with settlement agents as well as the broader issues focusing on solutions that deal wi...

This podcast is a "rebroadcast" of Monday's HOT TOPIC segment with LORETTA SALZANO of the law firm Franzen and Salzano, P.C. Since TRID became effective on October 3rd, 2015, a fair number of lenders find themselves still struggling with it's implementation. For this reason, we are dedicating today's and next week's program, to this important topic.     On today's program, we have as our special g...

Since TRID became effective on October 3rd, 2015, a fair number of lenders find themselves still struggling with it's implementation. For this reason, we are dedicating today's and next week's program, to this important topic.     On today's program, we have as our special guest, LORETTA SALZANO a leading industry attorney and expert on this topic.  Loretta is with the law firm Franzen and Salzano...

Have you noticed that MERGER and/or ACQUISITION (M&A) activity is on the rise?  Should you consider BUYING, SELLING or MERGING?   On today's broadcast, we have as our special guest CHUCK KLEIN, Managing Partner of Mortgage Banking Solutions.  Chuck has over 20 years of mergers and acquisition experience and is one of the nation's foremost authorities on the topic.  We'll be  Discussing the followi...

Closing out this month's series on economic and housing forecasts, we have invited LES PARKER, Senior Vice President of LoanLogics, to tie it all together.   Les will be answering questions such as: In light of recent events, is there any chance that the Federal Reserve will follow through with raising interest rates 2016?What are the factors that  will impact mortgage rates in 2016?How does globa...

This year has started out as one of the most volatile New Years ever.  Many are wondering if all this volatility will change the MBA's 2016 forecast.  Therefore, we have invited back as our special guest, MICHAEL FRATANTONI, Senior Vice President and Chief Economist with the Mortgage Bankers Association (MBA). Michael will be providing his latest economic update and will be answering the following...

With inventories reportedly short and supposedly rates going higher, will the housing market be as strong in 2016 as it was in 2015? To discuss this important topic, I have invited back to the program LOGAN MOHTASHAMI, who has accurately predicted the housing market for the past couple of years.  Here are some of the things you will hear us discussing on today's program... What are the primary dri...

HAPPY NEW YEAR!  I have invited MARK FLEMING, the Chief Economist of First American, to join us again on the "Hot Topic" segement to give our listeners updated economic forecast for the New Year especially now that the Federal Reserve has raised the Fed Funds rate.   Mark will be answering questions such as the following:  Can we expect interest rates to steadily rise thoughout the New Year as the...

I hope you had a wonderful Christmas break and am looking forward to the New Year.  Some refer to this week between Christmas and the New Year as "gap week".  Most of us spend some amount of time during this week reflecting over the past year and what we have accomplished (or didn't accomplish), as well as pondering the New Year and setting goals.  That is what today's program is all about.   One...

While it is true of other industries, the mortgage industry is unquestionably a relationship driven business!  Our industry is built upon a series of complex interdependent business relationships that forms today's mortgage ecosystem.  As revealed by the recent roll-out of TRID, more work is needed especially as our industry continues to become more more complex.  The best way to accomplish the wo...

On today's program, we have as our special guest, David Stevens, President & CEO of the Mortgage Bankers Association (MBA).  The focus of today's program is will be the growth and importance of the independent mortgage banker in America's housing finance system.  David Stevens will be answering questions such as the following: What percentage of the MBA's membership is made up of smaller independe...

Next week, the Federal Reserve meets to determine whether or not to raise the Fed Funds rate.  Many Fed officials have been providing clues, which would seem to support the rumors that a rate hike is eminent.  However, many thought we were going to have a rate hike back in September and it didn't happen. So, will it happen next week?  This is what we will be discussing on today's "Hot Topic" segme...

On last week's podcast, ANDY SCHELL a/k/a "The Profit Doctor" gave our listeners an update from the MBA's Accounting and Finance Conference that took place the week before in New Orleans.  One of the topics that Andy raised had to do with "Governance" for independent mortgage bankers (IMB's).  Because a significant number of our listeners either are an IMB or work for an IMB, we had a significant...

Today's special guest, ANDY SCHELL, also known as "The Profit Doctor", will be providing us a report from last week's MBA Accounting & Finance conference in New Orleans.  Here are some of the topics covered at the conference and we will do our best to get an brief update on as many of these topics as possible: Mortgage company financial trends and outlookGovernance, CMS and SimplicityRegulatory, f...

We are excited to have as our special guest on today's program, industry veteran, Bill Dallas.  Bill is the CEO & Founder of Skyline, NewLeaf, Cloud Virga.  As an industry veteran and an 'uber' serial entrepreneur, Bill is well known in the industry for his ability to identify market opportunities and, most importantly, market timing.  Bill has a successful track record of seizing on numerous oppo...

We are honored to have back on the program, Austin Tilghman and David Stephens of United Capital Markets "live" from Denver, Colorado.  Austin and David are a couple of the nations foremost authorities on Mortgage Servicing Rights (MSR's), which is the focus of today's program.  They will be providing our listening audience with an update on the latest MSR trends with as well as where MSR values a...

Have you ever wondered how the US housing finance system compares to that of other countries? On today's program, we have as our special guests TIM SKEET, the European Advisor to AmeriCatalyst and TONI MOSS the Founder & CEO of AmeriCatalyst and EuroCatalyst. Both are international housing and finance experts and will be sharing with our listening audience the housing financing system and trends o...

On today's program, we will be talking about what we heard and our takeaways from the Mortgage Bankers Association's Annual Convention and Expo 2015 that just concluded last week in San Diego.  Joining program regulars, Alice Alvey and David Lykken, will be SAM GARCIA of Mortgage Daily, all of whom were in attendance.  Here are some of the topics we will be discussion: MBA President David Steven's...