Lykken on Lending

The saying, "there are no second chances at making a good first impression" is so appropriate when it comes to the financial reporting component of the "Call Report".  In fact, getting it wrong could lead to serious consequences for your company... and it is now law that EVERYONE needs to file a financial report.  You have to get it right the first time.  On today's program, we had as our "special...

Doug Duncan, formally with the MBA and now the Chief Economist for Fannie Mae was our special guest this week.  Mr. Duncan is increasingly becoming known as one of the most accurate economists in the country.  Tune in to this broadcast to hear his economic analysis and perspective as we embark on what is going to be a pivotal year economically, politically and for our industry.  Created BY mortgag...

On this special Martin Luther King Day broadcast, we focus in on QM, QRM and what HARP II could do to and for your business.  Show Host, David Lykken and regular Alice Alvey shared highlights on some of the information that the MBA provided in their Webinar this past Friday, January 13th, 2012.  It is so important that your voice to be heard by your respective US Representative and Senator if we e...

HAPPY NEW YEAR... What are the TOP TOPICS... the TOP ISSUES you need to be aware of and focused upon in 2012?  On today's broadcast, our regulars, Alice, Andy,  & Joe, discussed the top issues that will be affecting your world... your business... in 2012.  Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran,...

TECHNOLOGY has always been an intregal part of the success of any mortgage company and as you will learn in this broadcast why it will be even more so in 2012.  You won't want to miss this week's special guests, Tony Garritano and other key technology professionals discussed future trends in mortgage lending and much more.  Created BY mortgage professional FOR mortgage professionals, Lykken on Len...

Effectively managing OPERATIONAL RISKS does not have to come at the expense of "producing more loans".  On today's program,  industry veteran Becky Walzak of Looking Glass Gorup, LLC, answered questions such as "What is Operational Risk?"..."Why is it important?"... "What critical measurements should you have set up at your company to manage operational risk?"... "Understanding the difference betw...

Today's special guest was MBA's Chief Economist and SVP, Jay Brinkman.  Jay holds a Ph. D. in finance from Purdue University and an MBA from Tulane.  He worked in Fannie Mae's portfolio strategy group on risk-based capital issues.  He also was a Capital Hill press secretary.  If you have ever heard Jay Brinkmann speak, you know what a treat we had on today's program.  His expertise and abilities a...

Hi Listeners - For this weeks program, I had invited Jerry Alt, President of LOGS to be our guest.  LOGS is leader in designing comprehensive and cost-effective legal solutions. I am excited to have had Jerry on the program for many reasons, but the primary reason is so you can hear how Jerry with a refreshing creative "can do" attitude has accomplished doing more loan modifications in an amazing...

Have you been wanting more liberal loan products to sell?  How about products with the following highlights: Just missed agency guidelines Expanded debt ratios Jumbo and super jumbo loan amounts No mortgage insurance Owner occupied, second home, NOO Foreign National loans Interest only Assets for income On today’s program, we featured a new investor that is offering new NON-CONFORMING loan product...

Mortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey and Joe Farr provide up-to-the-minute information on interest rates, loan programs and "hot" industry news related to the mortgage industry. E-mail me topic you would like discussed on the program to DLykken@MortgageBankingSolutions.comMortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey an...

Mortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey and Joe Farr provide up-to-the-minute information on interest rates, loan programs and "hot" industry news related to the mortgage industry. E-mail me topic you would like discussed on the program to DLykken@MortgageBankingSolutions.comMortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey an...

On today’s program, show host, David Lykken, along with regular guests, Alice Alvey, Andy Schell and Joe Farr discussed the latest in “headliners” in our industry.     Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE...

We broadcasted "LIVE" from the AmeriCatylst event in Austin, TX top interviewing industry leaders attending the AmeriCatalyst event in Austin, Texas.  Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a...

Show host, David Lykken, who along with regular guests, Alice Alvey, Andy Schell and Joe Farr discussed four of the hottest topics of the day which are as follows: The latest update on the HARP plan. Rep. Scott Garrett's proposal to "Reform of the Secondary Mortgage Market" The Call Report and liability it represents to lenders who are not accurately doing loan level accounting & therefore financi...

Back by (very) poplar demand, we had David Souders with the law firm Weiner Brodsky Sidman & Kider as our guest.  On September 26th, David was on the program and we discussed the "do's and don'ts" related to recruiting (both as as recruiter and a recruitee).  We received as much or more feedback from that one program as we have had from any other program.  We were inundated with questions.  So on...

This was the second part of Guest Toni Moss's discussion about the future of the Mortgage Banking Industry. At a time when there are so many questions about the future of our industry and the future of our country’s economy, it is wonderfully refreshing to listen to some really really smart people intelligently dialogue about the answer. That is what today’s program was about. TRUST ME… YOU WOULDN...

We have once again broadcasted LIVE from the MBA's 98th Annual Convention in Chicago.  Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providin...

On this program, special guest Toni Moss, President and founder of EuroCatalyst & AmeriCatalyst, speaks frankly about the difficulties ahead for our industry as well as for our economy both nationally and globally.  He provocative perspective comes from her operational mortgage experience in more the 27 countries.  Toni is one of the foremost experts on global housing finance with a specialization...

Recruiting top production talent has always been an important growth strategy of any company looking to grow their business.  This is especially true today. But many are taking on unnecessary legal liability because they are not aware of the do's and don'ts associated with recruiting.  On today's broadcast, our special guest, David Souders of the Weiner Brodsky Sidman Kider law firm discussed this...

Back by popular demand, Jon Traver, production consultant, was back as our guest.  We answered questions like, "How do you keep your existing branches while recruiting new branches?"  "What are the keys to recruiting top branches and LO's?"  "What is your value proposition to both your current LO's and future LO's?"  You will want to listen as we discussed creative "out-of-the-box" ideas to build...

On today's show, we will be broadcasting "LIVE" from the Default Servicing Conference in Dallas, TX where approximately 5,000 people will be in attendance with special guest appearances including President George W. Bush and Mayor Rudy Giuliani.  Go to the following links to learn more about this important conference. http://www.thefivestar.com/fsc-2011/ Created BY mortgage professional FOR mortga...

The week before this program "aired", the Mortgage Bankers Association (MBA) released data that 30-day delinquencies had jumped up after months of decline.  As a result, it appears that managing destressed servicing is going to be an ongoing challenge for mortgage servicers.  Because of this development, we focused our attention on today's broadcast on DEFAULT SERVICING.  Our special guest this we...

The Mortgage Bankers Association (MBA) recently released "revised" loan productin projections and they projected to be at the lowest levels since 1997.  On today's program, special guest Jon Traver and the shows regulars guests discuss what you can do to increase production even in a declining market.  If you are looking for ways in which you can postively impact your production operation, you wil...

The focus of today's radio program, will be the "Mortgage Call Report".  Most seem to think that they've got it figured out and are in "good shape"... hopefully that is the case.  However, we are solid seeing evidence to the contrary.  With the "Call Report" now being forwarded on to state regulators, we will be focusing on questions like... "Do you know how they are going to be looking at your re...

Every once in a while, a new revolutionary technology platform comes along that raises the bar to a new level potentially changing the way we interact with all parties involved with a real estate transaction... from the Realtor (both buyer & seller agents) to the LO, to the appraiser, title/escrow company, to the investor buying the loan all the way thru to the end servicer and how they might inte...