Our Hot Topic guest on the Lykken on Lending program today is Jeffrey Bode, Chairman of the Board, Chief Executive Officer and President of Mid America Mortgage, Inc.
Topics Covered in this Episode:
- If a lender was notified by their warehouse bank that their line was being canceled and they need a solution to move forward how would this work?
- If someone had a loan that was intended to be sold to an aggregator or a bond loan that did not meet requirements how would they go about getting this loan paid off of their line?
- Since you have been on the forefront of technology in the mortgage business where do you see the retail business going in the next three years and also the long term in the next ten years?
- What are the risks to your business from the government shut down?
- You’ve acquired several companies over the last few years, the most recent being AMSW out of OKC. What are the risks to an acquirer of a mortgage business?
The first half of the program will start with an MBA Mortgage Minute from Rob VanRaaphorst and then we’ll have a TMSpotlight Soundbite from Les Parker focusing on his macroeconomic perspective on the economy with a music parody. Next up is Joe Farr providing you a rate & market update, Alice Alvey of Union Home Mortgage providing a regulatory & legislative update followed by Allen Pollack giving us a Tech Report of the latest technology impacting our industry. Then Andy Schell, a/k/a “Profit Doctor” sharing ideas on how to improve your bottom line.
Want to learn more about Mid America Mortgage?