Today’s program is the second in a two program series dealing with issues that lenders are facing since TRID went into force. One of this issues we briefly touched on last week was the interaction with settlement agents. On today’s program, we are going to focus on what you can do to work more collaboratively with settlement agents as well as the broader issues focusing on solutions that deal with “the spirit of the law” rather than just addressing “the letter of the law”. We have invited NANCY ...
Feb 15, 2016•1 hr 3 min
This podcast is a "rebroadcast" of Monday's HOT TOPIC segment with LORETTA SALZANO of the law firm Franzen and Salzano, P.C. Since TRID became effective on October 3rd, 2015, a fair number of lenders find themselves still struggling with it's implementation. For this reason, we are dedicating today's and next week's program, to this important topic. On today's program, we have as our special guest, LORETTA SALZANO a leading industry attorney and expert on this topic. Loretta is with the law firm...
Feb 10, 2016•25 min
Since TRID became effective on October 3rd, 2015, a fair number of lenders find themselves still struggling with it's implementation. For this reason, we are dedicating today's and next week's program, to this important topic. On today's program, we have as our special guest, LORETTA SALZANO a leading industry attorney and expert on this topic. Loretta is with the law firm Franzen and Salzano, P.C. Here are some of the questions Loretta will be answering on today's program: What are some stumbli...
Feb 08, 2016•1 hr 2 min
Have you noticed that MERGER and/or ACQUISITION (M&A) activity is on the rise? Should you consider BUYING, SELLING or MERGING? On today's broadcast, we have as our special guest CHUCK KLEIN, Managing Partner of Mortgage Banking Solutions. Chuck has over 20 years of mergers and acquisition experience and is one of the nation's foremost authorities on the topic. We'll be Discussing the following questions and a lot more: Why is it that M&A activity is on the rise?Is it a buyers or sellers ...
Feb 01, 2016•1 hr 11 min
Closing out this month's series on economic and housing forecasts, we have invited LES PARKER, Senior Vice President of LoanLogics, to tie it all together. Les will be answering questions such as: In light of recent events, is there any chance that the Federal Reserve will follow through with raising interest rates 2016?What are the factors that will impact mortgage rates in 2016?How does global economic turmoil and geopolitical events factor into market conditions here in the US?What are the bi...
Jan 25, 2016•1 hr 4 min
This year has started out as one of the most volatile New Years ever. Many are wondering if all this volatility will change the MBA's 2016 forecast. Therefore, we have invited back as our special guest, MICHAEL FRATANTONI, Senior Vice President and Chief Economist with the Mortgage Bankers Association (MBA). Michael will be providing his latest economic update and will be answering the following questions: Given the latest economic data such as the December jobs report, retail sales, etc, what c...
Jan 18, 2016•1 hr 1 min
With inventories reportedly short and supposedly rates going higher, will the housing market be as strong in 2016 as it was in 2015? To discuss this important topic, I have invited back to the program LOGAN MOHTASHAMI, who has accurately predicted the housing market for the past couple of years. Here are some of the things you will hear us discussing on today's program... What are the primary drivers of housing in 2016?Where are home prices going?How much will the Fed impact housing? Where are m...
Jan 11, 2016•1 hr
HAPPY NEW YEAR! I have invited MARK FLEMING, the Chief Economist of First American, to join us again on the "Hot Topic" segement to give our listeners updated economic forecast for the New Year especially now that the Federal Reserve has raised the Fed Funds rate. Mark will be answering questions such as the following: Can we expect interest rates to steadily rise thoughout the New Year as the Federal Reserve suggests?What will be factors that could influence the direction of interest rates in t...
Jan 04, 2016•1 hr 1 min
I hope you had a wonderful Christmas break and am looking forward to the New Year. Some refer to this week between Christmas and the New Year as "gap week". Most of us spend some amount of time during this week reflecting over the past year and what we have accomplished (or didn't accomplish), as well as pondering the New Year and setting goals. That is what today's program is all about. One of the most listened to TED Talks of all time is Simon Sinek's "How Great Leaders Inspire Action"... clic...
Dec 28, 2015•39 min
While it is true of other industries, the mortgage industry is unquestionably a relationship driven business! Our industry is built upon a series of complex interdependent business relationships that forms today's mortgage ecosystem. As revealed by the recent roll-out of TRID, more work is needed especially as our industry continues to become more more complex. The best way to accomplish the work that needs to be done is for industry participants to come together in a collaborative way to share ...
Dec 21, 2015•1 hr
On today's program, we have as our special guest, David Stevens, President & CEO of the Mortgage Bankers Association (MBA). The focus of today's program is will be the growth and importance of the independent mortgage banker in America's housing finance system. David Stevens will be answering questions such as the following: What percentage of the MBA's membership is made up of smaller independent lenders?What are the biggest challenges facing small lenders today?What are the GSEs doing to h...
Dec 14, 2015•1 hr 3 min
Next week, the Federal Reserve meets to determine whether or not to raise the Fed Funds rate. Many Fed officials have been providing clues, which would seem to support the rumors that a rate hike is eminent. However, many thought we were going to have a rate hike back in September and it didn't happen. So, will it happen next week? This is what we will be discussing on today's "Hot Topic" segment with special guest LOGAN MOHTASHAMI. We will focusing on questions such as "What are the factors sup...
Dec 07, 2015•1 hr 4 min
On last week's podcast, ANDY SCHELL a/k/a "The Profit Doctor" gave our listeners an update from the MBA's Accounting and Finance Conference that took place the week before in New Orleans. One of the topics that Andy raised had to do with "Governance" for independent mortgage bankers (IMB's). Because a significant number of our listeners either are an IMB or work for an IMB, we had a significant amount of feedback and requests for additional information. For this reason, I have asked Andy to retu...
Nov 30, 2015•1 hr 4 min
Today's special guest, ANDY SCHELL, also known as "The Profit Doctor", will be providing us a report from last week's MBA Accounting & Finance conference in New Orleans. Here are some of the topics covered at the conference and we will do our best to get an brief update on as many of these topics as possible: Mortgage company financial trends and outlookGovernance, CMS and SimplicityRegulatory, financial and accounting issuesA FASB UpdateInternal audit inclucing vendor management in the mort...
Nov 23, 2015•1 hr 3 min
We are excited to have as our special guest on today's program, industry veteran, Bill Dallas. Bill is the CEO & Founder of Skyline, NewLeaf, Cloud Virga. As an industry veteran and an 'uber' serial entrepreneur, Bill is well known in the industry for his ability to identify market opportunities and, most importantly, market timing. Bill has a successful track record of seizing on numerous opportunities and making the most of them. On today's program, Bill will be sharing his perspective on ...
Nov 16, 2015•1 hr 4 min
We are honored to have back on the program, Austin Tilghman and David Stephens of United Capital Markets "live" from Denver, Colorado. Austin and David are a couple of the nations foremost authorities on Mortgage Servicing Rights (MSR's), which is the focus of today's program. They will be providing our listening audience with an update on the latest MSR trends with as well as where MSR values are headed and if retaining MSR's is the right strategy for you. Also, Austin & David will also exp...
Nov 09, 2015•1 hr 1 min
Have you ever wondered how the US housing finance system compares to that of other countries? On today's program, we have as our special guests TIM SKEET, the European Advisor to AmeriCatalyst and TONI MOSS the Founder & CEO of AmeriCatalyst and EuroCatalyst. Both are international housing and finance experts and will be sharing with our listening audience the housing financing system and trends of other countries, with a special focus on Europe. They will be answering questions such as, "Do...
Nov 02, 2015•1 hr 4 min
On today's program, we will be talking about what we heard and our takeaways from the Mortgage Bankers Association's Annual Convention and Expo 2015 that just concluded last week in San Diego. Joining program regulars, Alice Alvey and David Lykken, will be SAM GARCIA of Mortgage Daily, all of whom were in attendance. Here are some of the topics we will be discussion: MBA President David Steven's opening remarksCFPB Director Richard Cordray's presentationFHFA Director Mel Watt's presentationHUD S...
Oct 26, 2015•1 hr 3 min
Today we are broadcasting "live" from the National MBA Convention in San Diego from the D+H booth. If you are attending the conference, stop on by D+H's booth to say hi. On today's podcast, we have as our special guest, BILL COSGROVE, the out going Chairman of the Mortgage Bankers Association. Bill will be sharing with our audience his experience the past year while serving as the MBA's Chairman. One of the things you will hear Bill talk about is the successful intern program his mortgage compan...
Oct 19, 2015•53 min
On today's podcast, we have as our special guest, MARK FLEMING, the Chief Economist of First American. Mark will be giving us his views on the economy as well as discussing the challenges facing an increasing number of Americans hoping to achieve the American dream of homeownership. This involves issues such as increasing economic mobility what can be done to enhance economic growth which are as important today as they have ever been. Additionally, Mark will be answering questions such as the fo...
Oct 12, 2015•1 hr 5 min
On today's podcast, we have back as our special guest, MICHAEL FRATANTONI, Senior Vice President and Chief Economist with the Mortgage Bankers Association (MBA). Michael will be sharing with our listening audience an economic update. He will be answering questions such as: What is the likelyhood that we will see the Federal Reserve raise rates in 2015 or is it now 2016?What is the updated projected purchase applications vs. the refinance applications?Is the economy peaking or can we look forward...
Oct 05, 2015•1 hr 1 min
On today's podcast, we will have as our special guest DAVID STEVENS, President & CEO of the Mortgage Bankers Association (MBA). David will be talking about the latest issues facing the mortgage industry and provide our listeners with an update on what the MBA is doing to address these issues as well as provide an update on what we can expect at the upcoming annual convention in San Diego in October. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60...
Sep 28, 2015•1 hr 1 min
From time to time, this podcast provides our listeners with an update on mortgage servicing rights (MSR's) and we are fortunate to have back as our special guest on today's program, DAVID ALLISON, Senior Vice President of Dovenmuehle Mortgage, Inc.(DMI). We are going to start by doing a review of the economics of retaining loan servicing and then discuss if retaining MSR's is the right strategy for you especially given the complex regulatory requirements put on servicers by the Consumer Financia...
Sep 21, 2015•1 hr 14 min
Broadcasting "live" from the Motivity User Conference in Denver, we have our regular line up of contributors noted below PLUS David Lykken will be interviewing various executives of mortgage companies here at the conference discuss the issues they are facing. If you are interested in issues that other companies are dealing with, you will want to listen to this podcast. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program styled “podca...
Sep 14, 2015•1 hr 1 min
Online customer evaluation services such as Yelp.com or TripAdvisor.com have become increasing popular with consumers in selecting which restaurant to eat at or hotels and resorts to stay. Positive reviews naturally draw customers in and negative reviews can keep potential new customers away. Now there is a new service called Social Survey that mortgage lenders can use to obtain feedback and published the positive reviews and deal with the issues that resulted in any negative reviews. Joining me...
Sep 07, 2015•18 min
With approximately 97% of all loans orginated in the US today involving an agency or government loan program, when will we see a resurgence of non-agency/non-government loan programs? Today's guest, Eileen O'Grady, an industry veteran and now has become our official "Capital Markets & Structured Finance Industry news correspondent", will give us an update about what's going on with the Capital Markets side of the lending industry. Eileen will be sharing with our listening audience one of the...
Aug 31, 2015•1 hr 6 min
Due to technology issues beyond our control, we were unable to play the interview with HOWARD LAX on Monday's podcast which was on the topic of Marketing Service Agreements (MSA's). Now that BlogTalkRadio has been able to fix the issues, we are able to share with you this interview. Again, my apologies and hope you will find this interview of value. David Lykken, Host of Lykken On Lending! It seems that Marketing Service Agreements (MSA's) have drawn the ire of the Consumer Financial Protection ...
Aug 27, 2015•20 min
Due to technology issues beyond our control, we were unable to play the interview with HOWARD LAX on Monday's podcast which was on the topic of Marketing Service Agreements (MSA's). Now that BlogTalkRadio has been able to fix the issues, we are able to share with you this interview. Again, my apologies and hope you will find this interview of value. David Lykken, Host of Lykken On Lending! It seems that Marketing Service Agreements (MSA's) have drawn the ire of the Consumer Financial Protection ...
Aug 27, 2015•3 min
It seems that Marketing Service Agreements (MSA's) have drawn the ire of the Consumer Financial Protection Bureau (CFPB), but why? What has been the evolution of Marketing Service Agreements (MSA's) and why now have they become so 'toxic' to the point that a number of major financial institutions have announced that they are terminating all MSA's? Is there any MSA structure that the CFPB would find acceptable? If so, do the risks involved out weigh the advantages? ON this podcast we have as our ...
Aug 24, 2015•1 hr 4 min
I was reading the following articles/blog-posts written by DONNA PEEPLES, an industry leader and "Change Visionary, Engagement Engineer & Journey Strategist"... http://www.donnapeeples.com/rendering-reality-molding-virtual-reality-into-the-customer-experience/ and https://www.linkedin.com/pulse/unknown-future-drone-technology-donna-n-peeples As I read these articles, it became clear that Donna thinks "outside of the box" and would be great guest as we wrap up this series on INNOVATION. As I ...
Aug 17, 2015•1 hr 3 min
