Show notes:
TMSpotlight:
07-29-2024 Stop Fretting and "Walk"
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Lenders remember the days.
They built these paper mountains.
Then sat and watched them burn.
Data come and go that drive MBS prices up and down. With the worsening economic conditions in Europe and soft US Housing, the curve twists and turns. Lenders lost a lot of money waiting to make money again.
So, what? Stop fretting, price to make money, lend compliantly, and teach MLOs to help borrowers WALK again.
They learnin' to WALK again.
Can't you see they've waited long enough?
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Song: Walk (2011) Foo Fighters
https://www.youtube.com/watch?v=4PkcfQtibmU
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”.