Lykken on Lending

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A change of ease, a change of spreads. A change of speed, with no regrets.

Will the Fed’s New Dawn Fade with the Dollar as the perpetual reserve currency and no economic landings?  That is, a stable US economy with 3% growth, 3% inflation, and no more than 6% unemployment, all because the Fed changes the tuners with no regret.

Spreads among various durations and currencies shift because fewer players expect the Fed to “ease fast and soon.”

Who’s hoping for something more
When the Fed goes wrong.
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Song:  New Dawn Fades (1978)  Moby cover from The Equalizer.  The songwriter, Ian Curtis, committed suicide shortly after releasing the song driven by his epilepsy and substance abuse.  
https://www.youtube.com/watch?v=aSW4YP1lnB8 

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”.