Lykken on Lending

Today we are broadcasting "live" from the National MBA Convention in San Diego from the D+H booth.  If you are attending the conference, stop on by D+H's booth to say hi.   On today's podcast, we have as our special guest, BILL COSGROVE, the out going Chairman of the Mortgage Bankers Association.  Bill will be sharing with our audience his  experience the past year while serving as the MBA's Chair...

On today's podcast, we have as our special guest, MARK FLEMING, the Chief Economist of First American.  Mark will be giving us his views on the economy as well as discussing the challenges facing an increasing number of Americans hoping to achieve the American dream of homeownership.  This involves issues such as increasing economic mobility what can be done to enhance economic growth which are as...

On today's podcast, we have back as our special guest, MICHAEL FRATANTONI, Senior Vice President and Chief Economist with the Mortgage Bankers Association (MBA).  Michael will be sharing with our listening audience an economic update.  He will be answering questions such as: What is the likelyhood that we will see the Federal Reserve raise rates in 2015 or is it now 2016?What is the updated projec...

On today's podcast, we will have as our special guest DAVID STEVENS, President & CEO of the Mortgage Bankers Association (MBA).  David will be talking about the latest issues facing the mortgage industry and provide our listeners with an update on what the MBA is doing to address these issues as well as provide an update on what we can expect at the upcoming annual convention in San Diego in Octob...

From time to time, this podcast provides our listeners with an update on mortgage servicing rights (MSR's) and we are fortunate to have back as our special guest on today's program, DAVID ALLISON, Senior Vice President of Dovenmuehle Mortgage, Inc.(DMI).  We are going to start by doing a review of the economics of retaining loan servicing and then discuss if retaining MSR's is the right strategy f...

Broadcasting "live" from the Motivity User Conference in Denver, we have our regular line up of contributors noted below PLUS David Lykken will be interviewing various executives of mortgage companies here at the conference discuss the issues they are facing.  If you are interested in issues that other companies are dealing with, you will want to listen to this podcast. Created BY mortgage profess...

Online customer evaluation services such as Yelp.com or TripAdvisor.com have become increasing popular with consumers in selecting which restaurant to eat at or hotels and resorts to stay. Positive reviews naturally draw customers in and negative reviews can keep potential new customers away.  Now there is a new service called Social Survey that mortgage lenders can use to obtain feedback and publ...

With approximately 97% of all loans orginated in the US today involving an agency or government loan program, when will we see a resurgence of non-agency/non-government loan programs?  Today's guest, Eileen O'Grady, an industry veteran and now has become our official "Capital Markets & Structured Finance Industry news correspondent", will give us an update about what's going on with the Capital Ma...

Due to technology issues beyond our control, we were unable to play the interview with HOWARD LAX on Monday's podcast which was on the topic of Marketing Service Agreements (MSA's).  Now that BlogTalkRadio has been able to fix the issues, we are able to share with you this interview.  Again, my apologies and hope you will find this interview of value.  David Lykken, Host of Lykken On Lending!   It...

Due to technology issues beyond our control, we were unable to play the interview with HOWARD LAX on Monday's podcast which was on the topic of Marketing Service Agreements (MSA's).  Now that BlogTalkRadio has been able to fix the issues, we are able to share with you this interview.  Again, my apologies and hope you will find this interview of value.  David Lykken, Host of Lykken On Lending!   It...

It seems that Marketing Service Agreements (MSA's) have drawn the ire of the Consumer Financial Protection Bureau (CFPB), but why?  What has been the evolution of Marketing Service Agreements (MSA's) and why now have they become so 'toxic' to the point that a number of major financial institutions have announced that they are terminating all MSA's?  Is there any MSA structure that the CFPB would f...

I was reading the following articles/blog-posts written by DONNA PEEPLES, an industry leader and "Change Visionary, Engagement Engineer & Journey Strategist"... http://www.donnapeeples.com/rendering-reality-molding-virtual-reality-into-the-customer-experience/ and https://www.linkedin.com/pulse/unknown-future-drone-technology-donna-n-peeples  As I read these articles, it became clear that Donna th...

On today's broadcast, we are continuing our conversation about innovation in the mortgage industry and have invited last week's guest, TERRY WAKEFIELD, President and CEO of The Wakefield Company (TWC), to return as our guest this week.  What we did not get discussed last week is the innovative things that Terry is currently working on to transform the industry.  He is veteran with multiple decades...

Today's broadcast is yet another podcast in a series of podcasts about innovation in the mortgage industry.  This week we have TERRY WAKEFIELD, President and CEO of The Wakefield Company (TWC), as our guest.  Terry is a mortgage industry veteran with multiple decades of experience as an innovator and entrepreneur.  His experience touches all aspects of mortgage origination, production and servicin...

When it comes to Correspondent Lending, not much has changed in decades... that is until NOW! Today's guest is JACK NUNNERY, EVP of Texas Capital Bank (TCB). Last week, TCB announced they are launching their "Mortgage Correspondent Aggregation" (MCA) business, which is a new correspondent lending platform. Jack along with Gary Ort have been responsible for TCB's Warehouse Lending operation. They r...

This is the third in a series on INNOVATION IN THE MORTGAGE INDUSTRY and we have as our special guest SCOTT HARRIS an experience innovator.  On today's broadcast, we are going to talking about his latest innovations.  The first is SOCIAL SURVEY, which is simple way to manage your online reputation across multiple media platforms. This system automates an otherwise tedious process and allows you to...

This is the second in a series of broadcasts focusing on INNOVATION IN THE MORTGAGE INDUSTRY and joining us today will be TONY GARRITANO, Chairman & Founder of Progress In Lending.  Tony will be giving us his perspective on where he sees the lates innovation coming from.  We will be discussing questions such as:  Where is innovation happening in the industry? What are the main hindrances to innova...

This broadcast is the first in a series of broadcasts looking at recent INNOVATION in the mortgage industry.  Kicking off this series will be our special guest Brian Fitzpatrick, President and CEO of LoanLogics.   This past Thursday, the National Mortgage News, in their publication Mortgage Technology, ran a story written by Bonnie Sinnock about a new technology that will be launching next week to...

With so many having so many conflicting views on the direction of the economy, I invited Logan Mohtashami a Financial Contributor at Benzinga.com, a Financial Blogger at LoganMohtashami.com and the Senior Loan Manager at AMC Lending Group to give our listeners his latest predictions about the economy.  Also, Logan is an excellent example of effectively using Social Media to intentionally and intel...

No question that the regulatory changes and the enforcement actions have made it more challenging to be a Mortgage Banker these days.  To discuss the latest challenges and what we can expect in the future, we have MITCH KIDER, Chairman and Managing Partner at Weiner Brodsky Kider PC, back as our special guest.  Mitch will be giving us an update on the regulatory landscape as well as answer includi...

On June 8th, LES PARKER, Senior Vice President of LoanLogics, was my guest on the broadcast and we began to discuss what we can expect for our industry and housing in the second half of 2015.  While we covered a lot of ground, there was still so much that didn't get covered that I have asked Les to come back on to finish sharing his thoughts.  Les will be answering questions such as: How does Chin...

As we continue our "Mortgage Industry Update" series, I am excited to have back on the broadcast an old friend and industry veteran, GLEN CORSO, who is the Executive Director of Community Mortgage Lenders of America (CMLA).  On today's broadcast, we will be focusing on the segment of the market known as independent mortgage lenders/bankers.  We will be answering questions such as:   What is the ov...

We are almost halfway through the first half of 2015 and many are wondering what the second half of this year is going to look like, especially when it comes to interest rates and loan volumes.  I have invited my good friend, LES PARKER, Senior Vice President of LoanLogics, to return as my guest on this broadcast.  Les has been a guest numerous times before.  His market insights and forecasts of b...

It wasn't that long ago that many were saying that WHOLESALE LENDING and the MORTGAGE BROKER were going to go the way of the dinosaur.  Today's   resurgence of the Wholesale Channel and those that participate in the channel are doing very well.  It is one of the great "come back" stories of our industry.   To talk about this, we have as our special guest, GREG MURRAY, CEO of Wholesale One™.  On to...

It wasn't that long ago that many were saying that WHOLESALE LENDING and the MORTGAGE BROKER were going to go the way of the dinosaur.  Today's   resurgence of the Wholesale Channel and those that participate in the channel are doing very well.  It is one of the great "come back" stories of our industry.   To talk about this, we have as our special guest, GREG MURRAY, CEO of Wholesale One™.  On to...