Show notes:
TMSpotlight:
8.28.23 "I Saw The Sign" It Was High Tech
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Bonds saw The Sign, and it opened up their eyes. They saw The Sign. Bears are demanding without understanding.https://www.youtube.com/watch?v=iqu132vTl5Y
Another week brings another attack on recent high yields but with no breakthrough above the pre-financial crisis resistance of 4.40 to 5.35 in the 10 yr yield. Is growth Konjunktur or Wachstum? The first German word describes economic cycles, while the latter expresses long-term growth. To address long-term problems requires defining problems. Rate cycles impact home lending, yet lenders thrive using tech to create a great UX and deliver high-quality loans to investors. Are you bitter or getting better? So, where do you belong? -------------------- Song: The Sign (1993) Ace of BaseThe 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, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. Finally, we wrap up the first half of the program with Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.