Show notes:
TMSpotlight:
07-15-2024 “Espresso”
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The markets movin’ in a tight range. Isn’t that sweet? Try not to sleep. Don’t you need Espresso?
Some news gives you a jolt. Then you see the screen blink red and green because it’s speculating about nothing. No easing, high inflation. High easing, no growth. No liquidity. High drama.
Since the Bond Bulls reached 4.18 Friday, the market sees a Fed rate cut in September and December. The high octane remains brewing liquidity issues. Expect disruption in the market’s tranquility, causing the Fed to taper QT soon.
Try not to sleep. No, Joe, get espresso.
Song: Espresso (2024) Sabrina Carpenter
https://www.youtube.com/watch?v=eleP7yc9dSY
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”.