Show notes:
TMSpotlight:
7.31.23 "Yogi Bear" Oops Boo Boo
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Chairman Powell is smarter than the average bear;
Chairman Powell is always in the trader's hair.
At the Banker’s Table, you will find him there,
Stuffing down more data than the average bear.
What happens to rates for the rest of the year? The Fed has set up the markets for disruptive moves based on data. If so, then which datum shifts the pile into an avalanche? The return of higher volatility suggests market markers don’t believe peace and tranquility are ahead with the Fed’s commitment to data reading.
Why did Hanna Barbera make only one Yogi Bear? Because when they tried to make a second they made a Boo-Boo!
Rates go down
Powell’s makes dots better than a millionaire.
That's because he's smarter than the average bear.
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Song: Yogi Bear Theme (1961) A Hanna Barbera
https://www.youtube.com/watch?v=TCSuZLjfJdk----------------------------
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”.
