Show notes:
TMSpotlight:
11.20.23 "Do I Wanna Know?" If There's Something on My Teeth
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Have you got color on your screens? Do you ever get that fear that you can’t shift your trade, that sticks around like something in your teeth?
Illiquidity and short squeezes live. The 10 yr yield takes a breath between 4.60 and 4.30, and a breakout by Thanksgiving looks unlikely.But is a storm brewing after the turkey is gone?OPEC+ meets on Sunday, 11/26, and may rain on the Bond Bull parade. With Oil down 18% in less than eight weeks, will Oil producers put the brakes on production?Will Oil prices move and shift rates out of neutral?
(Do Eyes Wanna Know?) Do we want trades Crawling back to null?
Song: Do I Wanna Know? (2013) Arctic Monkeyshttps://www.youtube.com/watch?v=bpOSxM0rNPM
Legislative Update:
- Fannie Mae has great information on managing loan risk on the Loan Quality page.
- Fannie published and updated Beyond the Guide which is page after page of tips to ensure you have a comprehensive program, that works.
- Freddie also has their QC information consolidated.
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”.