Our guest on this broadcast was Jay Brinkmann, Chief Economist for the MBA back on the program. On today's broadcast, we asked Jay the following questions: Is this the end of the latest refi wave? What about HARP? The industry has benefited from periodic refi waves since rates started to fall from the highs of the early 1980s. What are the chances for future waves? How is the purchase market shaping up? What are the early signs for the Spring and Summer buying season? What could go right to make...
Mar 26, 2012•1 hr
Are you aware that you are now required to file a "Suspicious Activity Report a/k/a a "SAR Report" much less understand what it is about? Alice Alvey will be providing our listeners detailed information on the key points when preparing and issuing this report. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe F...
Mar 19, 2012•1 hr
Continuing with the topic of LOAN SERVICING we started in February, we have as our special guests Tom Piercy of Interactive Mortgage Advisors (IMA). Tom has years of experience in buying and selling of servicing and will explain how LOAN SERVICING is a tradable asset. There are so many compelling reasons you should consider retaining loan servicing... not just for the cashflows they can generateand but also the money that can be made selling or even buying and reselling loan servicing. Tom will ...
Mar 12, 2012•1 hr
If you are considering retaining loan servicing, you will want to listen to this broadcast. Our speical guest today was Mark Jones President of AmeriFirst Home Mortgage in Michigan. Mark gone through the journey of moving from selling loans servicing released to servicign retained. He is going discuss what he had to go through to start retaining servicing. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran...
Mar 05, 2012•1 hr 1 min
For the whole month of February, we have been focusing on LOAN SERVICING. Back by popular demand, we have as our special guests Austin Tilghman and David Stephens, CEO & CFO respectfully, both with United Capital Markets (UCM). They will just returned from the MBA's Loan Servicing Conference and will be providing us an update on what they learned while there. We received so much positive feedback from when Austin and David were on the program February 6th and would encourage you to go back a...
Feb 27, 2012•1 hr
Some want to do away with the GSE's and some say we need them. On today's broadcast, we have two industry veterans as our special guests, Les Parker & Don Salmon, debating this important topic. You if you love your 30-year mortgage product, you have got to listen to this broadcast. Mortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey and Joe Farr provide up-to-the-minute information on interest rates, loan programs and "hot" industry news related to the mortgage i...
Feb 20, 2012•1 hr 1 min
In the month of February, we are focusing on LOAN SERVICING. The economics have changed making the strategy of retaining loan servicing something that makes sense. Tune in and listen this whole month as we dive into this important topic. Mortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey and Joe Farr provide up-to-the-minute information on interest rates, loan programs and "hot" industry news related to the mortgage industry. E-mail me topic you would like discussed...
Feb 13, 2012•1 hr 1 min
In the month of February, we are focusing on LOAN SERVICING. On this broadcast, we had as our special guests Austin Tilghman and David Stephens, CEO & CFO respectfully, both with United Capital Markets (UCM). These gentlemen are widely regarded as the our industry's leading experts on LOAN SERVICING. We discussed how the economics have changed making the strategy of retaining loan servicing something that not only makes sense but absolutely should be give serious considerination in your comp...
Feb 06, 2012•1 hr
The saying, "there are no second chances at making a good first impression" is so appropriate when it comes to the financial reporting component of the "Call Report". In fact, getting it wrong could lead to serious consequences for your company... and it is now law that EVERYONE needs to file a financial report. You have to get it right the first time. On today's program, we had as our "special" guest an industry expert who trains and advises many of the CPA's auditing mortgage companies across ...
Jan 30, 2012•1 hr
Doug Duncan, formally with the MBA and now the Chief Economist for Fannie Mae was our special guest this week. Mr. Duncan is increasingly becoming known as one of the most accurate economists in the country. Tune in to this broadcast to hear his economic analysis and perspective as we embark on what is going to be a pivotal year economically, politically and for our industry. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted...
Jan 23, 2012•1 hr
On this special Martin Luther King Day broadcast, we focus in on QM, QRM and what HARP II could do to and for your business. Show Host, David Lykken and regular Alice Alvey shared highlights on some of the information that the MBA provided in their Webinar this past Friday, January 13th, 2012. It is so important that your voice to be heard by your respective US Representative and Senator if we ever hope to turn the tide on the all out asault on our industry. Listen, learn and act... DO SOMETHING...
Jan 16, 2012•1 hr
HAPPY NEW YEAR... What are the TOP TOPICS... the TOP ISSUES you need to be aware of and focused upon in 2012? On today's broadcast, our regulars, Alice, Andy, & Joe, discussed the top issues that will be affecting your world... your business... in 2012. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr...
Jan 09, 2012•1 hr
TECHNOLOGY has always been an intregal part of the success of any mortgage company and as you will learn in this broadcast why it will be even more so in 2012. You won't want to miss this week's special guests, Tony Garritano and other key technology professionals discussed future trends in mortgage lending and much more. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program...
Jan 02, 2012•1 hr 1 min
Effectively managing OPERATIONAL RISKS does not have to come at the expense of "producing more loans". On today's program, industry veteran Becky Walzak of Looking Glass Gorup, LLC, answered questions such as "What is Operational Risk?"..."Why is it important?"... "What critical measurements should you have set up at your company to manage operational risk?"... "Understanding the difference between 'variance' and 'violations'." Today's guest was Becky Walzak, someone who has a balanced perspecti...
Dec 26, 2011•1 hr 1 min
Today's special guest was MBA's Chief Economist and SVP, Jay Brinkman. Jay holds a Ph.D. in finance from Purdue University and an MBA from Tulane. He worked in Fannie Mae's portfolio strategy group on risk-based capital issues. He also was a Capital Hill press secretary. If you have ever heard Jay Brinkmann speak, you know what a treat we had on today's program. His expertise and abilities as an economist is only excelled by his wonderful witty sense of humor as he expounds on the complexities o...
Dec 19, 2011•1 hr
Hi Listeners - For this weeks program, I had invited Jerry Alt, President of LOGS to be our guest. LOGS is leader in designing comprehensive and cost-effective legal solutions. I am excited to have had Jerry on the program for many reasons, but the primary reason is so you can hear how Jerry with a refreshing creative "can do" attitude has accomplished doing more loan modifications in an amazing short amount of time than anyone thought possible. He is as entertaining as he is fascinating in his ...
Dec 12, 2011•1 hr
Have you been wanting more liberal loan products to sell? How about products with the following highlights: Just missed agency guidelines Expanded debt ratios Jumbo and super jumbo loan amounts No mortgage insurance Owner occupied, second home, NOO Foreign National loans Interest only Assets for income On today’s program, we featured a new investor that is offering new NON-CONFORMING loan products. That investor is New Penn Financial, LLC and our guest is company representative, Bob Wexler, Vice...
Dec 05, 2011•59 min
Mortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey and Joe Farr provide up-to-the-minute information on interest rates, loan programs and "hot" industry news related to the mortgage industry. E-mail me topic you would like discussed on the program to DLykken@MortgageBankingSolutions.comMortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey and Joe Farr provide up-to-the-minute information on interest rates, loan programs and "hot" industry ...
Nov 28, 2011•1 hr
Mortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey and Joe Farr provide up-to-the-minute information on interest rates, loan programs and "hot" industry news related to the mortgage industry. E-mail me topic you would like discussed on the program to DLykken@MortgageBankingSolutions.comMortgage industry veteran, David Lykken, along with frequent guests, Alice Alvey and Joe Farr provide up-to-the-minute information on interest rates, loan programs and "hot" industry ...
Nov 21, 2011•1 hr
On today’s program, show host, David Lykken, along with regular guests, Alice Alvey, Andy Schell and Joe Farr discussed the latest in “headliners” in our industry. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, and Andy Schell (a/k/a "The Profit Doctor") providing valuable info on ...
Nov 14, 2011•1 hr
We broadcasted "LIVE" from the AmeriCatylst event in Austin, TX top interviewing industry leaders attending the AmeriCatalyst event in Austin, Texas. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEME...
Nov 07, 2011•1 hr
Show host, David Lykken, who along with regular guests, Alice Alvey, Andy Schell and Joe Farr discussed four of the hottest topics of the day which are as follows: The latest update on the HARP plan. Rep. Scott Garrett's proposal to "Reform of the Secondary Mortgage Market" The Call Report and liability it represents to lenders who are not accurately doing loan level accounting & therefore financial reporting. Leadership Crisis facing out industry and our nation. Created BY mortgage professi...
Oct 31, 2011•1 hr
Back by (very) poplar demand, we had David Souders with the law firm Weiner Brodsky Sidman & Kider as our guest. On September 26th, David was on the program and we discussed the "do's and don'ts" related to recruiting (both as as recruiter and a recruitee). We received as much or more feedback from that one program as we have had from any other program. We were inundated with questions. So on this program, we dove deeper and answered many of the questions that we had received as a result of ...
Oct 24, 2011•59 min
This was the second part of Guest Toni Moss's discussion about the future of the Mortgage Banking Industry. At a time when there are so many questions about the future of our industry and the future of our country’s economy, it is wonderfully refreshing to listen to some really really smart people intelligently dialogue about the answer. That is what today’s program was about. TRUST ME… YOU WOULDN’T HAVE WANTED TO MISS THIS PROGRAM. I was so excited to have as my guest on this broadcast Toni Mos...
Oct 17, 2011•1 hr
We have once again broadcasted LIVE from the MBA's 98th Annual Convention in Chicago. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE. We have onc...
Oct 10, 2011•20 min
On this program, special guest Toni Moss, President and founder of EuroCatalyst & AmeriCatalyst, speaks frankly about the difficulties ahead for our industry as well as for our economy both nationally and globally. He provocative perspective comes from her operational mortgage experience in more the 27 countries. Toni is one of the foremost experts on global housing finance with a specialization in the capital markets. Toni is renowned for predicting the trajectory of the current economic cr...
Oct 03, 2011•1 hr
Recruiting top production talent has always been an important growth strategy of any company looking to grow their business. This is especially true today. But many are taking on unnecessary legal liability because they are not aware of the do's and don'ts associated with recruiting. On today's broadcast, our special guest, David Souders of the Weiner Brodsky Sidman Kider law firm discussed this important topic. You have got to listen to this program to realize where you are at risk. Seriously, ...
Sep 26, 2011•1 hr
Back by popular demand, Jon Traver, production consultant, was back as our guest. We answered questions like, "How do you keep your existing branches while recruiting new branches?" "What are the keys to recruiting top branches and LO's?" "What is your value proposition to both your current LO's and future LO's?" You will want to listen as we discussed creative "out-of-the-box" ideas to build production. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 6...
Sep 19, 2011•1 hr
On today's show, we will be broadcasting "LIVE" from the Default Servicing Conference in Dallas, TX where approximately 5,000 people will be in attendance with special guest appearances including President George W. Bush and Mayor Rudy Giuliani. Go to the following links to learn more about this important conference. http://www.thefivestar.com/fsc-2011/ Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, D...
Sep 12, 2011•59 min
The week before this program "aired", the Mortgage Bankers Association (MBA) released data that 30-day delinquencies had jumped up after months of decline. As a result, it appears that managing destressed servicing is going to be an ongoing challenge for mortgage servicers. Because of this development, we focused our attention on today's broadcast on DEFAULT SERVICING. Our special guest this week was Ed Delgado, CEO of Five Star Institute who will be discussing recent developments with default s...
Aug 29, 2011•1 hr