Show notes:
TMSpotlight:
Trump Tells Zelenskyy to “Hit the Road Jack”
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Hit the Road, Jack, until you come back, no war, no war, no war, no more. Hit the road Jack and don’t you come back no more. What Trump say?
Friday’s extraordinary squabble offered Bond traders two markets to react to the Dollar and Oil. Trump ousted the man with no cards, Ukrainian President Zelenskyy, who ran to Europe to get a hug and more money.
However, he will get pushed to the US deal behind the EU’s closed doors because Europe’s security guarantee is inadequate. Zelenskyy will change or be changed. The immediate effect on mortgage rates is increased uncertainty and awareness of related markets.
Don’t you come back with WAR.
These views are mine. Get the big view at TMSpotlight.com
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Song: Hit the Road, Jack (1961) Ray Charles
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”.