09-25-2023 Weekly Mortgage Updates with Adam DeSanctis, Les Parker, Matt Graham, David Kittle, Alice Alvey, Allen Pollack, Marc Helm, and David Lykken

09-25-2023 Weekly Mortgage Updates with Adam DeSanctis, Les Parker, Matt Graham, David Kittle, Alice Alvey, Allen Pollack, Marc Helm, and David Lykken

Show notes:

TMSpotlight:

9.25.23  "Nevermore" Timing is Everything

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Listen to Fed’s freeze, whispers sell Bonds, please. Don't send bears to the path of Nevermore.While Bonds nodded, nearly napping, suddenly there came a tapping, As of some Bears gently rapping, rapping at resistance’s door.  “’Tis some wanderer,” Notes muttered, “tapping at resistance’s door—Only this and nothing more.”The bears remain empowered by the Fed.  It constrains the economy by reducing liquidity with higher rates and selling Treasuries.  So, higher rates for longer coupled with more Bond sales spur high rates, then BOOM, a recession, and rates slide.  But the Bond bulls need data to nail the timing.When DATA say they didn't love Bears anymore.Song: Nevermore (1974) Queen - Freddie Mercury wrote the song.https://www.youtube.com/watch?v=1lXwT7mxmf8
 

The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlighta 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”.