Show notes:
TMSpotlight:
10.09.23 Will The Terrorist War Move Bears “Down Under?”
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Traveling in a fried-out Bear TrendOn a steeper trail makes bears like zombiesBiden enables Iran to make billions on Oil by not enforcing sanctions, which fuels inflation in the US and finances acts of hate towards Israel. Will the newest Terrorist War spark flight to liquidity or impatience to wait for more relevant economic data?Before the horrific news over the weekend, the 10 yr yield remained trapped between 4.70 and 4.90. A break above 4.90 signals a move over 5.10, while a move below 4.70 suggests a move under 4.50.Can’t you hear, can’t you hear bull thunder?Bears better run. You better take cover, NOW.”———————————-
Song: Down Under (1981) Men At Workhttps://www.youtube.com/watch?v=XfR9iY5y94s
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”.