On this broadcast, we look at the latest trends in the Mortgage Broker/Wholesale business channel. Many have written mortgage brokers off as going the way of the dinosaur but why is it that at the recent NAMB convention had the largest attendance in 10 years?!?!? Are we seeing the National Association of Nortgage Brokers (NAMB), now known as "The Association of Mortgage Professionals", making a comeback? If so, what are the reason for this resurgence? Will it last? The answers may surprise you.
On today's broadcast, we have John Councilman, president of NAMB, is our special guest to talk about why the mortgage broker is gaining market share. John will answer questions such as…
- Given the regulatory environment is the resurgence of mortgage brokers a sustainable trend?
- Do current laws and regulations really favor one type originator over another?
- Are we seeing more or less mortgage wholesalers entering market?
- What is the makeup of today's NAMB membership?
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Joe Farr with a MARKET UPDATE, Alice Alvey providing a LEGISLATIVE UPDATE, Paul Muolo of IMFnews.com giving a quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and Tony Garritano providing a TECHNOLOGY UPDATE. This is followed by the HOT TOPIC segment, which is an in depth discussion about one of the hottest topics related to the mortgage industry.