The mortgage industry, traditionally viewed as conservative and paper-heavy, is undergoing a transformative shift. The catalyst? Technology. In an era where efficiency and customer experience are paramount, mortgage technology emerges as a game-changer, offering a plethora of benefits to lenders. One of the most significant impacts of technology in … [Read more...]
01-17-2024 Different vendors, different outcomes: Picking the right BBYS provider with Jeremy Foster of Calque and Amy Smith of Alcova Mortgage
The "Buy Before You Sell" solution for mortgages is a strategy that allows homeowners to purchase a new home before selling their current one. This can be particularly useful in a competitive real estate market where finding a new home might be challenging, or when homeowners do not want to rush the sale of their current property. Calque, is a … [Read more...]
01-11-2024 Borrower Intelligence Platform: Opportunities and understanding borrowers needs with Richard Harris of Trust Engine
The Borrower's Intelligence Platform is ushering in a new era in lending, where data-driven insights are at the forefront of decision-making. This technology not only benefits lenders by reducing risk and improving efficiency but also empowers borrowers by expanding access to credit and providing more personalized loan options. As the lending … [Read more...]
New Year Special: Challenges facing real estate officers and loan officers due to ongoing changes in the real estate industry with Matthew VanFossen of Absolute Home Mortgage
Matthew VanFossen discussed with David Lykken the NAR Lawsuit and how it affects Real Estate Officers and Mortgage Loan Originators. He also discussed their ways on how to get business while the market is off. Challenges facing real estate officers and loan officers due to ongoing changes in the real estate industry with Matthew VanFossen of … [Read more...]
Christmas special: The Movement Story – Loving and Valuing People with Stephen Phelan of Movement Mortgage
Stephen Phelan, Chief Pastoral Officer of Movement Mortgage joined David for the Christmas special release of Lykken on Lending to discuss about Movement’s story about loving and valuing their people. He broke it down into three fundamental human need that human heart has to be loved and valued. Please listen and share it with your peers. The … [Read more...]
12-20-2023 How LinkedIn helps Mortgage Professionals with Debbie Wemyss of DW Consulting Solutions
LinkedIn can be a valuable platform for mortgage professionals to build their network, establish credibility, and grow their business. The success of having a linkedin account is based on several factors, like any other social media platform, depends on consistency and authenticity. Engaging with your network, sharing valuable content, and building … [Read more...]
12-15-2023 Mortgage Coach and Success Stories from Top Loan Originators with Dave Savage of Mortgage Coach
This special episode with Dave Savage of Mortgage Coach talks about his experience interviewing loan originators who are successful in today's market on his podcast. What are they doing to thrive in these challenging times. Mortgage Coach and Success Stories from Top Loan Originators with Dave Savage of Mortgage Coach Listeners. So glad to … [Read more...]
12-12-2023 Mortgage Tech to Maximize Production in 2024 with Rocky Foroutan and Kwe Parker of Lender Home Page
The mortgage industry has evolved significantly over the years, with technology playing a pivotal role in transforming how mortgages are originated, processed, and serviced. In 2024, mortgage professionals are presented with a myriad of opportunities to maximize production and efficiency through innovative mortgage technology. One of the companies … [Read more...]
12-06-2023 What are top MLOs doing to succeed in today’s market with Garrett Locklear of Candid, Inc.
Top mortgage loan officers thrive by combining industry knowledge, strong customer relationships, technological efficiency, and ethical practices. They adapt to market changes, prioritize education, and continuously improve their skills to succeed in today's competitive mortgage market. One of the top MLOs in the mortgage space is Garrett Locklear, … [Read more...]
11-29-2023 New technology, new ways to cut cost with Richard Grieser of Truv
Consumer financial data is the bedrock of today's financial ecosystem, shaping lending decisions, financial services, and personal finance management. As individuals and businesses navigate this data-driven world, it is crucial to strike a balance between leveraging the benefits of consumer financial data and safeguarding individual privacy and … [Read more...]
11-22-2023 Home Equity Line of Credit (HELOC) with Joel Rickman of Equifax
In the realm of personal finance, homeowners often find themselves in a unique position of potential wealth creation. This untapped resource lies in the very place they call home – their property's equity. Home Equity Lines of Credit, commonly known as HELOCs, have emerged as a versatile financial tool that allows homeowners to harness the value … [Read more...]
11-15-2023 Future of appraisal with John Liss of True Footage
The future of mortgage appraisal is poised to undergo significant transformations driven by technological advancements, changing market dynamics, and evolving consumer preferences. In recent years, the traditional methods of property valuation have been gradually giving way to innovative approaches that leverage data analytics, artificial … [Read more...]
11-10-2023 Angel AI with Pavan Agarwal of SunWest Mortgage (Part 2)
The rise of artificial intelligence (AI) in various industries is undeniable. From healthcare and manufacturing to the world of finance, AI is changing the way we operate, offering solutions that are faster, more accurate, and tailored to individual needs. One of the most notable implementations in the mortgage industry is the Angel AI by SunWest … [Read more...]
10-31-2023 Interest rate and MSR outlook for Q4 of 2023 and 2024 with Doug Duncan, Adam Quinones, Matt Graham, Les Parker and David Lykken
The Federal Reserve's interest rate decision in the run-up to the 2024 Presidential election underscores the intricate balance between macroeconomic management and the more nuanced elements of the financial sector, such as MSRs. Stakeholders in the mortgage industry, as well as broader financial institutions. Given the relationship between interest … [Read more...]
10-30-2023 Real Estate’s Class Action Lawsuit and Likely Outcome with James Dwiggins of NextHome
James Dwiggins, CEO of NextHome sat down with David Lykken. He explained the background of the three class action lawsuits between the Department of Justice and the National Association of Realtors. The general understanding of these lawsuits is a conspiracy in the industry to prop up commissions and that they collaborated to do that by forcing … [Read more...]