Show notes:
TMSpotlight:
1.06.25 Business Doesn't Like Bureaucracy "Born To Be Wild"
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Get your pipeline runnin'. Hedge it in the right way.
The following from John Mauldin captures our view. “The Supreme Court’s overturning of Chevron told Congress its legislation must be more specific. So, many rules now have the potential to be overturned. Previously, under the old 1982 Chevron ruling, a bureaucracy could make a rule, enforce it, set fines and penalties, and create its judges and commissions to handle disagreements. There was no appeal outside of the bureaucracy.”
“To the extent that bureaucratic overreach is reined in, the economy will be more efficient.” “Business likes predictability.” But the process could look like the Wild West.
Bonds to be wild.
These views are mine. Hedge easy with Hedger’s Edge at TMSpotlight.com.
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Song: Born To Be Wild (1968) Steppenwolf
The 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”.