Show notes:
TMSpotlight:
2.05.24 When Does A "Zombie" Stop Fighting?
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Another model's breaking
Hard to take it over.
The Fed is finished raising rates, yet the fight between the Bond market and the Federal Reserve continues. Bonds see data showing slumping inflation and sagging growth, while the Fed sees firm Jobs and solid consumer confidence.
Both see the need for US borrowing. But how does it get financed? Both know the Fed must slow its selling of Treasuries or risk a liquidity crisis.
So, when will the fighting stop?
What’s in their heads, in their heads? Zombies
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Song: Zombie (1994) Cranberries
https://www.youtube.com/watch?v=6Ejga4kJUts
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”.