In this episode of Lykken on Lending David interviews Robert (Bob) Broeksmit, President and CEO of the Mortgage Bankers Association. Robert (Bob) Broeksmit is President and CEO of the Mortgage Bankers Association (MBA). Bob is a senior finance executive and corporate officer with a 33-year career in the mortgage sector. He has directed all aspects of lending activities, including marketing, sales, operations, secondary marketing, loan servicing, and default management. He has also served as a mo...
Oct 15, 2018•53 min•Season 1Ep. 54
In this episode of Lykken on Lending, David interviews Bill Cosgrove of Union Home Mortgage about his support for the MBA's mPower, Promoting Opportunities for Women to Extend their Reach. In 2015, Bill served as MBA Chairman. Mr. Cosgrove has testified on behalf of the industry in Washington D. C before the House Financial Services Sub Committee and Senate Banking Committee. He has been interviewed by The Wall Street Journal, USA Today, New York Times, numerous trade publications, and local and...
Oct 08, 2018•1 hr 5 min•Season 1Ep. 53
When it comes to data and analytics, the mortgage industry faces many challenges. We are up to our ears in data, but making sense of it and using it to drive action is another matter entirely. Our guest in this episode's Hot Topic segment says we’re facing three main issues on the data and analytics front: accessibility, affordability and “actionability.” Today, we’ll speak with Tyler Sherman from Black Knight to discuss how Black Knight’s newest initiative solves for all three. Tyler Sherman is...
Oct 01, 2018•1 hr 2 min•Season 1Ep. 52
On today’s show, we’ve got one of the most influential names in the mortgage industry, Faith Schwartz. We’ll be talking about the changes coming to GSE and regulatory leadership, the future of non-QM lending and more. Faith Schwartz, founder of strategic advisory firm Housing Finance System Strategies and president of mortgage fintech FormFree. Many of our listeners will recognize Faith from her past role as executive director of HOPE NOW, an alliance formed by the Secretary of Treasury, HUD, an...
Sep 24, 2018•1 hr 2 min•Season 1Ep. 51
On today’s show, we’ve got LBA Ware founder and CEO, Lori Brewer. We’re going to be talking about what’s new in the world of LO compensation and how lenders can adjust their compensation strategy to thrive in a sometimes-challenging market. LBA Ware Founder and CEO Lori Brewer is an accomplished entrepreneur and technology leader who has manifested her forward-thinking visions regarding fintech through the development of more than 25 financial applications. As an officer in the U.S. Air Force, s...
Sep 17, 2018•1 hr•Season 1Ep. 50
In this episode of Lykken on Lending, the discussion will focus on eClosings and eMortgages as we're continuing on with one of the Hottest Topics in the mortgage industry right now: Digital Mortgages. Brian Boike has over 18 years’ experience in bringing mortgage banking technologies to market. Before joining Simplifile, he served in leadership roles in operations and continuous improvement at Michigan-based United Shore Financial Services, whose portfolio of brands includes United Wholesale Mor...
Sep 10, 2018•1 hr•Season 1Ep. 49
On today’s show, we’ve got Kyle Kamrooz of Cloudvirga. We’re going to be talking about the true meaning of “digital mortgage” and how technology can help lenders survive industry consolidation and a tough mortgage market. Kyle Kamrooz has nearly 20 years of senior management experience in residential mortgage lending. By age 25, Kyle had built one of the largest direct-to-consumer mortgage lending companies in Orange County. His next venture, a nationwide mortgage company, processed more than $7...
Sep 03, 2018•1 hr 2 min•Season 1Ep. 48
On today’s show, we’ve got Rick Triola of NotaryCam. We’re going to be talking about remote online notarization and remote online closing, with Rick bringing our listeners up to speed on the latest legislative updates and Treasury department recommendations on eNotarization — and what they mean for the mortgage industry. Rick Triola, Founder and CEO, NotaryCam Rick Triola began his career in real estate, mortgage and technology as an Oppenheimer investment banker more than 35 years ago. After sp...
Aug 27, 2018•1 hr 1 min•Season 1Ep. 47
As a follow up to the previous episode on Artificial Intelligence, David has invited Rich Gagliano & Soofi Safavi from Black Knight to join the program again in order to address some of the listener questions that were received after that first broadcast about Artificial Intelligence and how it can impact the mortgage industry. We know that across nearly every industry, advanced technologies like Artificial Intelligence (AI), Machine Learning and Neural Networks are changing the way we do bu...
Aug 20, 2018•1 hr 11 min•Season 1Ep. 46
In this episode of Lykken on Lending in the Hot Topic segment, David interviews Christine Beckwith & Jessica Peterson who co-authored the book “Clear Boundaries: Every Business Woman’s Essential Safety Guide”. Are you a woman who knows safety is important but are lost on the latest information to keep you safe? Have you been followed by men who had ill intentions? Are you a man who fears for the safety of your women colleagues in business? The readers of this book answer yes to these questio...
Aug 13, 2018•1 hr 4 min•Season 1Ep. 45
In this episode of Lykken on Lending, David will be broadcasting LIVE from the LendersOne conference in Salt Lake City. The mortgage industry is changing faster than ever, presenting lenders with new challenges, but also tremendous opportunities. How are lenders disrupting the industry to stay ahead? And how can you build a strategy that sets you up for long-term success in a dynamic market? Join Lenders One for three days of learning, inspiration, and actionable tips from peers and thought lead...
Aug 06, 2018•1 hr 2 min•Season 1Ep. 44
Across nearly every industry, advanced technologies like Artificial Intelligence (AI), Machine Learning and Neural Networks are changing the way we do business, and in many cases, the way we live our lives. Considering that many big thinkers consider AI could have the same sort of impact on humanity as did fire or the wheel, the possibilities are staggering. But what about for those of us in the mortgage industry? In this episode, David Lykken has a conversation with Rich Gagliano & Soofi Sa...
Jul 30, 2018•1 hr 8 min•Season 1Ep. 43
In this episode of Lykken on Lending, David interviews Rene Rodriguez, a renowned keynote speaker, behavioral and organizational change expert and successful entrepreneur who has spent years training over 100,000 people in the areas of Sales, Leadership and Change. Rene is also the founder and CEO of Volentum, an enterprise education and consulting company specializing in the application of the latest brain research combined with over 30 years of experience to the areas of Leadership Development...
Jul 23, 2018•1 hr 7 min•Season 1Ep. 42
In this episode of Lykken on Lending, David interviews a host of Digital Mortgage Alliance members to learn about the origins of DMA, what DMA has accomplished so far, DMA's desired impact on the digitization of the mortgage process, why participating companies took the plunge with DMA, and what DMA is working on next. This can't miss interview features: TMC CEO, Jim ParkLoanLogics CEO & DMA Committee Chair, Brian FitzpatrickLendingQB Vice President of Strategy, David ColwellBlend Business D...
Jul 16, 2018•1 hr 24 min•Season 1Ep. 41
In this episode of Lykken on Lending, David interviews Michael Fratantoni, Chief Economist and Senior Vice President of Research and Industry Technology at the Mortgage Bankers Association regarding his insights about the costs associated with loan origination. Michael is responsible for overseeing MBA's industry surveys and benchmarking studies, economic and mortgage originations forecasts, and industry technology efforts. Additionally, Fratantoni is the Executive Director of MBA’s Research Ins...
Jul 09, 2018•57 min•Season 1Ep. 40
In this episode of Lykken on Lending, David and Scott Gordon will cover four strategies for LO’s and Business Owners to increase your income. Scott Gordon is a serial entrepreneur with a professional education in software engineering, and an interest in start-ups and business investing. Currently the CEO of Open Mortgage, LLC, a mortgage banking company with 90+ retail offices in 47 states, wholesale, and correspondent services for banks and credit unions. Open Mortgage excels at traditional mor...
Jul 02, 2018•1 hr 1 min•Season 1Ep. 39
In this episode of Lykken on Lending, David interviews... Shelley Leonard, EVP and Chief Product Officer, Black Knight Inc. Shelley is responsible for defining Black Knight’s product strategy and working with each division within the company to develop a comprehensive product roadmap across the enterprise. She is also leading the Black Knight team that is bringing the transformative power of digital to the mortgage servicing industry. As usual, the first half of the program will feature Les Park...
Jun 25, 2018•1 hr 1 min•Season 1Ep. 38
Have you been tracking along with the development of the eMortgage? If you've been in the mortgage industry for even a few years, you've likely heard many discussions on how technology is transforming the industry and bringing forward concepts such as the digital mortgage, or eMortgage, which promises to increase efficiency and decrease operating and processing costs. A Perspective on Digital Mortgages from Brendon Weiss In this episode of Lykken on Lending, David interviews Brendon Weiss about ...
Jun 18, 2018•1 hr 7 min•Season 1Ep. 37
If you operate a mortgage-related business, you're likely aware of the benefits of being found by your customers as they're searching for the kind of services you provide. What you may not be aware of is the competitive edge that's available to you with Google local searches in your local market where you provide your services! In today's Hot Topic, David Lykken interviews Garrett Laidler, CEO of Predyctive LLC., a premier people-based advertising technology company, enabling marketers to plan, ...
Jun 11, 2018•57 min•Season 1Ep. 36
Arch MI is at the vanguard of an evolving MI industry to meet the needs of the changing mortgage market, and in today’s episode of Lykken on Lending we’ll look as some of the latest MI product and pricing trends and their impact on the mortgage industry. Our guest in the Hot Topic segment this week is David Gansberg who serves as President and Chief Executive officer of Arch Capital Group, Ltd.’s (ACGL) U.S. mortgage insurance operation (Arch MI). Mr. Gansberg has held this position since Arch M...
Jun 04, 2018•1 hr 1 min•Season 1Ep. 35
On this episode of Lykken on Lending, David interviews our special guest Matt Rettick, the man with a plan! For the past 25 years, he's helped companies and individuals build strong financial futures through smart and strategic planning. Our focus this week is in Developing an Employee Retention Strategy. • According to Gallup’s 2017 State of the American Workplace Report, 51% of currently employed adults in the U.S. say they are searching for new jobs or watching for new opportunities! This is ...
May 28, 2018•56 min•Season 1Ep. 34
Do you have your finger on the current state of economics and what's going on with interest rates? Don't miss this episode of Lykken on Lending with our Hot Topic guests Logan Mohtashami and Les Parker. You'll hear them dive into details about where we've come from as we started 2018, where things are currently positioned, and some of the indications to where rates are going and how you can prepare for this impact on the mortgage industry! Logan Mohtashami is a financial writer and blogger cover...
May 21, 2018•1 hr 4 min
On this episode of Lykken on Lending we have Beth Millstein, Fannie Mae's Director of Business Development within Single Family Business and her team. Topics that will be discussed in the interview: How does a merger or acquisition impact Fannie Mae status? Does it matter if one or both lenders are approved with Fannie Mae? What are the lender’s obligations regarding notification?What are the motivations for some lenders to apply for Seller Only or Servicer Only status rather than Seller/Service...
May 14, 2018•1 hr 4 min•Season 1Ep. 32
Today on the show we have David Kittle, Vice Chairman & President of The Mortgage Collaborative (TMC), who will be our guest to discuss the mortgage industry and provide an update on what he sees taking place. David G. Kittle, CMB MBA’s Indiana and Kentucky Ambassador David Kittle, CMB, began his mortgage banking career in 1978 with American Fletcher Mortgage Company. As a top producing loan officer, he moved to the management side in 1986. He opened his own company, Associates Mortgage Grou...
May 07, 2018•58 min•Season 1Ep. 31
On this episode of Lykken on Lending we have Beth Millstein, Fannie Mae's Director of Business Development within Single Family Business. Topics that will be discussed in the interview will cover: Updates on getting approved with FannieThe time it is currently taking to get approved these days (assuming they turn in a complete package).What are some of the most common reasons companies applications are turned down or, at minimum, are delayed in getting approved.Any info that companies that are a...
Apr 30, 2018•1 hr•Season 1Ep. 30
We are pleased to welcome back Mitch Kider to our program! Mitch is the Chairman and Managing Partner of Weiner Brodsky Kider PC. In his 36 years as a practicing attorney, Mitch has represented banks, mortgage companies, residential homebuilders, real estate settlement service providers, credit card issuers, and other financial service companies in a broad range of matters. In our Hot Topic segment, David and Mitch discuss compensation for Mortgage Loan Originators and the need for strong leader...
Apr 23, 2018•57 min•Season 1Ep. 29
In this episode of Lykken on Lending David will interview a special guest for the Hot Topic segment with the aim on getting your Mortgage Business "Reset" towards achieving your goals! Michael Jones is the Chief Financial Officer for Georgetown Mortgage, LLC. Prior to taking a C-suite position, Michael Jones started his career at PricewaterhouseCoopers in Dallas, TX, after graduating from Baylor University in Waco, TX. After spending three years gaining a wealth of knowledge in tax, Michael deci...
Apr 16, 2018•57 min•Season 1Ep. 28
Steve Ryan is the Founder and CEO of RyTech, LLC, a digital marketing firm with offices in Milwaukee, the metro-Washington DC area, and suburban Chicago. The firm, which offers a host of different customized digital marketing solutions, currently works with B2B, B2C, for-profit, and nonprofit clients in a range of industries, with heavy emphasis on professional services across the United States. Steve has previously spoken at many conferences, tradeshows, and training sessions for individuals an...
Apr 09, 2018•57 min•Season 1Ep. 27
CRMs, data and marketing automation. Are you doing it right? During today’s interview David Lykken interviews Brent Emler from Velma.com. Velma has been providing CRM and marketing to mortgage lenders since 2007. We know what CRM means, but what is it really?Why is it so hard to successfully implement CRM?Is the mortgage industry’s use of CRM unique?What is the future of CRM and marketing in the mortgage industry? CRM, data, and marketing are the keys to success for lenders in the future. As usu...
Apr 02, 2018•1 hr 2 min
In today's podcast, our Hot Topic guest is Dave Savage, Founder of Mortgage Coach, who has over 30 years’ experience as an agent of change in the mortgage business. Combining his strengths as a mortgage industry visionary and a mobile technology pioneer, Dave is dedicated to preparing lenders and Realtors for the Digital Mortgage Revolution and providing every customer with a modern mortgage experience. Formerly a top originator himself, Dave travels around the country educating loan officers an...
Mar 26, 2018•56 min•Season 1Ep. 26
