Lykken On Lending

We have as our special guest on today's "Hot Topic" segment, William "Bill" Isaac.  Bill has unparalleled career and the financial industry and public service, spanning nearly 15 years. He served as the chairman of the FDIC during the crisis of the 1980s and is today a leading commentator and consultant to financial institutions and governments.  In 2012, Bill published a book title "Senseless Panic: How Washington Failed America".  In his book, Bill talks about the 2008 economic crisis from a Washington insider's perspective and outlines how Washington failed America.  On today's program, we have discussed how senseless over-regulation of the mortgage industry is once again failing Americans.      As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News & Sam Garcia of Mortgage Daily giving us a quick overview of the latest

We have as our special guest on today's "Hot Topic" segment, William "Bill" Isaac.  Bill has unparalleled career and the financial industry and public service, spanning nearly 15 years. He served as the chairman of the FDIC during the crisis of the 1980s and is today a leading commentator and consultant to financial institutions and governments.  In 2012, Bill published a book title "Senseless Panic: How Washington Failed America".  In his book, Bill talks about the 2008 economic crisis from a Washington insider's perspective and outlines how Washington failed America.  On today's program, we will be discussing how senseless over-regulation of the mortgage industry is once again failing Americans.      As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News & Sam Garcia of Mortgage Daily giving us a quick overview of the

Happy Memorial Day.  On today's podcast, David Lykken, shares three key strategies for success.

Our special guest on the "Hot topic" segment of this podcast was Allan Weiss, Founder/CEO of Weiss Residential Research, creator of an innovative new residential real estate indexes and forecasts technology.   Before founding Weiss Residential Research, Mr. Weiss was the co-founder and former CEO of Case Shiller Weiss, producer of the S&P Case Shiller Home Price Indexes and forecasts, which were published regularly in The Wall Street Journal.   Allan talks about his latest innovation in forecasting where home prices are heading and when. This opens up new innovative ways how and when homes are bought and sold as well as how to more effectively market to homeowners.  This is a "must listen to" program, especially if you and/or your company is in the home purchase market.

Our special guest on today's "Hot topic" segment is Allan Weiss, Founder/CEO of Weiss Residential Research, creator of an innovative new residential real estate indexes and forecasts technology.   Before founding Weiss Residential Research, Mr. Weiss was the co-founder and former CEO of Case Shiller Weiss, producer of the S&P Case Shiller Home Price Indexes and forecasts, which were published regularly in The Wall Street Journal.   Allan will be talking about his latest innovation in forecasting where home prices are heading and when.  This opens up new innovative ways how and when homes are bought and sold as well as how to more effectively market to homeowners.  This is a "must listen to" program, especially if you and/or your company is in the home purchase market.  As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News

Today's "Hot Topic" segment will be a 'round-table' discussion about where the mortgage industry is at and what we can anticipate as we move forward into the hopefully busier part of the year for our industry.  Hosting today's progam will be Alice Alvey and she will be joined by Andy Schell and Joe Farr for today's 'round-table' discussion.  I will be dialing in from the MBA's National Secondary Conference in New York City and will provide an update on what are the hot topics being discussed here at the conference.   As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News & Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting out industry.   Please tell others about this program and take a minute to share a link to this program with your friends and associates in the mortgage industr

Existing Home Sales, which are published monthly by the National Association of Realtors, are up from a year ago but had their worst 1st quarter month-over-month decline since 1991.  How can this be with rates so low? Where are home sales headed?  To explain these latest trends, we have invited MARK FLEMING, the Chief Economist for First American to come on the "Hot Topic" segment of today's program.  Is it really that "there's a shortage inventory of homes for sale" or are there other factors driving the current trends in Existing Home Sales.  Additionally, we are going to talk about strategies on how you can position your business to better take advantage of current market trends to prosper in any market whether trending up or down. As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News & Sam Garcia of Mortgage Daily giv

Ever since we started hearing about Rocket Mortgage, everyone seems to be launching their latest and greatest mobile app.  Today, we will be focusing on digital disruption via mobile apps and specifically about transforming the customer experience.  Joe will be answering the following questions and more:  How important is Mobile when dealing directly with the consumer? What are some of the latest stats that you can share on mobile joe?How can mobile technology help the mortgage lending business reduce risk?How does it help the originators? As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News & Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting out industry.   Please tell others about this program and take a minute to share a link to this program with your friends and associates i

We are honored today to have as our special guest, Edward L. Golding, FHA's Principal Deputy Assistant Secretary, Office of Housing.  On today's program, we will receive an update on what is new at FHA as well as talk about what we can expect between now and the post-election transition.  We will be talking about FHA premiums, FHA's programs and if we can anticipate any changes to the existing programs.  You won't want to miss this important update.   As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News & Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting out industry.   Please tell others about this program and take a minute to share a link to this program with your friends and associates in the mortgage industry. Thank you, David Lykken

This past week, oral arguments were made on the first ever lawsuit that effectively challenges the constitutinoality of the Consumer Financial Protection Bureau (CFPB) authority.  These arguments were made in the case of PHH Corp. v. CFPB that was heard in the U.S. Appeals Court for the District of Columbia.  The outcome of this case could have far reaching implications. Our guest on today's program is MITCH KIDER, Chairman & Managing Partner at Weiner, Brodsky, Kider, PC who has been the attorney representing PHH Corp. in this case.  We have asked Mitch to join us today to discuss the following:  Provide an overview of this case and why it is so important to the industry.  What is the status of where this case stands now that the oral arguments have been made? Depending upon the outcome of this case, what are the possible outcomes? Could this case provide some clarity to RESPA?When we can expect a decision? We say this about most all our programs, but THIS program is a MUST LISTEN TO program if there ev

With the increasing digitalization, a great many businesses and industries are being disrupted not just from the technology itself, but more significantly from new business models made possible through the Internet.  Quicken's "Rocket Mortgage" is just one example.  For almost a decade Peter Froberg has helped both startups and incumbents relate to this ever-changing reality and continuously search for the best solution for maximum impact and profit.  He is a thought leader in the area of business model innovation, having been a co-creator on the seminal book “ business model generation” as well the  most well-known authority  on one of the business models that is seen as a solution, freemium, through the site  freemium.org.  As a follow up to last week's program from the MBA's Tech Show in LA, I asked Peter to join us again to talk about innovation.  He'll be joining us via Skype from Europe.   As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market upda

We will be broadcasting "LIVE" from D+H's Booth at the MBA's National Mortgage Technology Conference and Expo in Los Angeles with special guest Diane Bili, Vice Presiden of Lending for D+H.  In addition, we will be interviewing other technology executives and getting their insights on the following topics: Reviewing some of announcements being made at the conference. What is the state of innovation in the mortgage industry today? What are some of the latest trends in mortgage technology? What are some of the challenges facing the mortgage technology industry? Has technology innovation stalled as a result of all the mortgage regulation? As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providing a regulatory & legislative update as well as Paul Muolo of IMF News & Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting out industry.   Please te

Have you ever wonder how some companies are able to close more loans "better, faster and cheaper" than you can?  There's no question that with all the new rules and regulations, it is taking most companies longer to close loans AND it is costing them a lot more money to do so.  Yet, in spite of all this, some companies are finding ways to out perform the competition. One of those companies is Radius Financial Group headquartered in the Boston area.  I am very grateful that KEITH POLASKI, Principal and the co-founding partner of radius financial group, has agreed to come on the "Hot Topic" segment of today's program to talk about all that he and his management team is doing to close more loans better, faster and more efficiently, with an added benefit of doing so at a lower cost than his competition.   Keith will be sharing with you all that he has underway at radius financial group to not only transform their entire lending platform, but also changing the culture with in his company. You will not want to mi

Our guest on on the March 21, 2016 "Hot Topic" segment was DON LAMPE of the law firm Morrison & Foerster.  Don is a leading mortgage industry attorney with a special focus of advising the industries top technology companies in the mortgage lending space.  Don will be sharing what he sees as CFPB's priorities in 2016 and beyond for mortgage lending and mortgage servicing.  Here are just some of the topics we discussed in this segment: How to approach the new mortgage rules, including TRID and if we can expect guidance from the CFPB. Home Mortgage Disclosure Act (HMDA) Rule - The impact it will have on compliance and risk management.Examination processes and priorities – What now and what’s next for the CFPB? Where are the enforcement “hot spots” and identified areas of escalated risk?   In addition, Don will be sharing his observations from “Inside the Beltway”.   We welcome your feecback as well as encourage you to share the link to this program with others in your company and industry network.   Thank

Our guest today is DON LAMPE of the law firm Morrison & Foerster.  Don is a leading mortgage industry attorney with a special focus of advising the industries top technology companies in the mortgage lending space.  Don will be sharing what he sees as CFPB's priorities in 2016 and beyond for mortgage lending and mortgage servicing.  Here are just some of the topics we will be discussing on today's program: How to approach the new mortgage rules, including TRID and if we can expect guidance from the CFPB. Home Mortgage Disclosure Act (HMDA) Rule - The impact it will have on compliance and risk management.Examination processes and priorities – What now and what’s next for the CFPB? Where are the enforcement “hot spots” and identified areas of escalated risk?   In addition, Don will be sharing his observations from “Inside the Beltway”.  Don't miss this program and share the link to this program with others in your company and industry network.   Thank you, David Lykken, Host & Executive Producer of th

The key to our economy, as well as to our industry, is having sustainable and long-term healthy homeownership in America.  For most Americans, owning a home is thee American Dream.  But until now, there hasn't been an organization who's sole purpose was to be an advocate for America's homeowners.  Our special guest, Phil Bracken, recognized this need and formed America's Homeowner Alliance (AHA).  The mission of this new organization is to protecting and promoting sustainable homeownership for all segments of America and what this program is about today, is to make you aware how you can get involved and support this organization and benefit both you and your borrowers by promoting this organizaiton.   Tune in and listen to Phil talk about the vision, purpose and mission of this important organization.   Thank you, David Lykken, Host of "Lykken On Lending".

On Today's program, we have invited Jess Lederman & Jeff Lebowitz to join us on the program to talk about the first comprehensive multi-volume resource for mortgage professionals since the meltdown.  This multi-volume resource is titled The Mortgage Professionals Handbook covers every aspect of the mortgage business; for anyone involved in production, secondary marketing, operations, compliance, technology & finance.  It is written for mortgage bankers, mortgage brokers, and those in mortgage-related positions in large banks, community banks, and credit unions alike.  You can learn about this valuable resource by going to the website http://www.mortgagebanking2020.com/. Beyond this being a valuable resourse to ever mortgage professional regardless of years of experieince, you will be happy to learn that 100% of proceeds from sales of these books will go to benefit the following charities: The ALS Therapy Development Institute of Cambridge, MA, the world's foremost nonprofit biotechnology organization

This program is a re-broadcast of Monday's (2-29-16) "Hot Topic" segment about Home Mortgage Disclosure Act (HMDA) with Alice Alvey.     As most of you are aware, the Consumer Financial Protection Bureau (CFPB) finalized the Home Mortgage Disclosure Act (HMDA) rule in October 2015.  With all the focus on TRID, many are not aware that the new HMDA rule adds 25 new data points and modifies 14 others in addition to the existing 9 data fields that were already required.  Additionally, lenders now must begin to start reporting data on other types of loans such as reverse mortgages and home equity lines of credit.   To help us sort out all of these changes, we have asked ALICE ALVEY, SVP of Indecomm Global Services and a regular on this program, to walk us through many of these changes and tell us what lenders are doing to prepare.   Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program styled “podcast” hosted by mortgage veteran, David Lykken. Joining

As most of you are aware, the Consumer Financial Protection Bureau (CFPB) finalized the Home Mortgage Disclosure Act (HMDA) rule in October 2015.  With all the focus on TRID, many are not aware that the new HMDA rule adds 25 new data points and modifies 14 others in addition to the existing 9 data fields that were already required.  Additionally, lenders now must begin to start reporting data on other types of loans such as reverse mortgages and home equity lines of credit.   To help us sort out all of these changes, we have asked ALICE ALVEY, SVP of Indecomm Global Services and a regular on this program, to walk us through many of these changes and tell us what lenders are doing to prepare.   Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program styled “podcast” hosted by mortgage veteran, David Lykken. Joining the program each week is Joe Farr with a MARKET UPDATE, Alice Alvey providing a LEGISLATIVE UPDATE, Paul Muolo of IMFnews.com & Sam G

Since the housing market meltdown in 2008, the introduction of new regulations and the impact of technological innovation have completely changed “business as usual” for mortgage lenders. Recent economic jitters have some wondering about the long-term health of housing and the implications for loan originators. On this program, I had a very interesting interview with David Gansberg, President and Chief Executive Officer of Arch Mortgage Insurance. Through an acquisition, Arch MI is both a legacy provider and a relatively new entrant to the mortgage insurance sector, that has emerged as a leading innovator and preferred partner for GSEs and many lenders. Our topics include: What do you think is going on in the current housing market?What do these conditions mean for lenders and borrowers? What challenges do loan originators face?What is the role of mortgage insurance in this market?What are some examples of Arch MI’s commitment to innovation?   Be sure to download and listen at your convenience on your mobile