Lykken on Lending

Show notes:

TMSpotlight:

1.29.24 “Break The Rules” To Break The Ice Jam
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Erratic buys
Blow our minds
Bears feel alright

What does mechanical trading, dipping volatility, and bubbling crude tell us? Short-term Treasuries are losing hope in a March ease while the long-end is ambivalent. Bonds like ebbing inflation, but they wonder about persistent debt-driven growth.

The 10-year rate trend remains down and trapped. The bull targets are 3.95 and 3.77, while the bears fight 4.19, with a 4.27 target to capture the trend. Will this week’s action break the ice jam?

Going to the barchart tech. Selling high and getting wrecked. Bulls don’t wanna go to school. They just wanna break the rules.
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Song: Break the Rules (2014)
Charli XCX
https://www.youtube.com/watch?v=ABhDiXbUaBE

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”.