Show notes:
TMSpotlight:
01-13-2026 The New Rates are “Wide Open”
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Under the Trump tweet; Welcome to new rates; He’ll show us everything; With Spreads Wide Open.
Near Thursday’s close, Trump’s announcement that his representatives will buy $200 billion in mortgages pushed mortgage rates down 1/8, and Treasuries did not move. Premium users of dataQollab https://www.mbsmkt.com could see that there were plenty of small transactions behind the move.
The mortgage gains held on Friday after the noise of Jobs. Servicing values dropped slightly. Dealers need details; otherwise, bid/ask spreads will widen, and investors will take advantage of dependent lenders.
With spreads wide open
Wide open (Singer only)
These views are mine. Understand spreads at TMSpotlight.com.
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Song: With Arms Wide Open (1999) Creed
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”.