Lykken On Lending

Hi everybody, looks like we've got a really interesting podcast planned with….Brent Chandler who is founder and CEO of FormFree, on the program to give us his outlook on how they have found a better way to assess "ability-to-repay” AND January 1, FormFree rebranded to reflect its mission of empowering consumers and lenders with a transparent view of borrower financial DNA. He is a widely recognized innovator in mortgage and financial services technologies who has 25 years’ experience on the leading edge of trading, personal finance, wealth management and consumer financial services. Chandler created AccountChek® by FormFree® in 2007 after his own frustrating home-buying experience fueled an obsession with making loans simpler and safer for everyone. Prior to that, he was part of the team that created the world’s first online trade while at CheckFree (acquired by Fiserv). He later led several startups in the online and algorithmic trading spaces with such companies as TAHO, Vhayu (acquired by Reuters) and Sp

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 covering the U.S. economy with a specialization in the housing market. His work has been published by Benzinga.com, Business Insider, and in his own highly respected blog, LoganMohtashami- Financial Truth. His blog articles have been reposted by economic insider sites such as David Stockman’s Contra Corner, dshort.com, and Advisor Perspectives. Mothashami’s work is frequently quoted in HousingWire, BankRate.com, AmericanBanker, and by housing experts such as Danielle DiMartino, Amir Sufi, (Booth School of Business), Antho

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 usual, the first half of the program will feature Les Parker’s Market-Logics Live, a macroeconomic perspective on the economy with a music parody and then Joe Farr providing you a rate & market update.  Next is Alice Alvey of Union Home providing a regulatory & legislative update followed by Allen Pollack giving us a Tech Report of the latest technology impacting our industry. Then we wrap up the first half the program with Andy Schell, a/k/a “Profit Doctor” sharing ideas on how to improve your bottom line. We

What can you do to have a bigger impact on retaining Top Talent? Tune in to hear Matt Rettick, an International Speaker, President of Coolsprings Financial and #1 Best Selling Author of All the Rules Have Changed: What you Must Do in this New Financial Reality. In this special New Year's Day podcast, you'll hear David Lykken interview Matt Rettick about recent polls that suggest the new #1 fear of most Americans is now shifting to "The Fear of Running Out of Money in My Retirement." David and Matt also discuss recent polls that suggest 23% of employees would leave their current positions for just a 10% salary increase. With the cost analysis showing that the cost to recruit and train a high-level executive earning $120,000 is at 400% ($480,000), what are you doing in order to retain and keep your best talent at your business?

What is your highest cost of doing business? People. How to find the right ones, how to make them productive, how to keep the best. We can help! What behaviors are you hiring? What behaviors do you want to hire? How will your new hires fit in the team they join? How will you align them with your culture and their team mates? How do your employees learn? What motivates them? How can you manage them for maximum engagement and productivity? How do you smooth cross functional behavior between sales, operations, underwriting to reduce friction and get the loans out the door? Listen on Monday, October 16, while David and Jim Blanchard discuss how The Birkman Method with behavior based position descriptions can help with all of this and more. Check out this podcast for exciting topics like these and more when we talk about the Birkman Method with Jim Blanchard.

Today's exciting podcast features John Hope Bryant, Founder, Chairman and CEO of Operation HOPE.  David and John will dive into financial dignity empowerment as an approach to community uplift, creating an economy that works for all.   Bryant has a new book recently released on 9/18/17 titled "The Memo: Five Rules for Your Economic Liberation." Don't miss these key points from today's podcast: 1.  Financial dignity empowerment – transforming communities and growing the economy 2.  Uplifting the Invisible Class through "silver rights" –  rights to financial literacy, access to capital and equity of opportunity 3.  Delivering the missed “memo” on free enterprise 4. Inspiring a nation of “builders” and innovators – harnessing the economic energy of next-gen entrepreneurs  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 New

Is your company prepared to serve the new emerging mega market?  Between 2010 – 2025 there will be 17 million new household formations in the United States and 13 million will be from diverse segments of which 40% will be Latino! Join David as he talks with Maria Vergara, President of NAHREP Consulting Services (NCS), a marketing consulting firm specializing in the Hispanic segment and housing industry.  Tune in to hear what you should be thinking about today to prepare for market growth.  As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing you a rate & market update followed by Les Parker’s Market-Logics Live, a macroeconomic perspective on the economy with a music parody.  Next is Alice Alvey of Union Home providing a regulatory & legislative update followed by Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting our industry. Then we wrap up the first half the program with Andy Schell, a/k/a “Profit Doctor” sharing ideas

Join David as he talks with Scott Augenbaum, Special Agent at the FBI.  Scott has supervised the Washington D.C. Cyber Crime Fraud Unit and was responsible for managing the FBI's Cyber Task Force Program and Intellectual Property Rights Program. He also managed the FBI Memphis Division Computer Intrusion/Counterintelligence Squad in Nashville, TN.    Scott has had the opportunity to provide hundreds of computer intrusion threat briefings with the goal of educating the community on emerging computer intrusion threats and how to not to be the victim of a data breach.  His information will be timely and relevant.  Don't miss this podcast! As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing you a rate & market update followed by Les Parker’s Market-Logics Live, a macroeconomic perspective on the economy with a music parody.  Next is Alice Alvey of Union Home providing a regulatory & legislative update followed by Sam Garcia of Mortgage Daily giving us a quick overv

I recently was able to connect and interview Joe Tyrrell, EVP of Corporate Strategy with Ellie Mae.  As the executive in charge of Corporate Strategy, Joe is responsible for the company's product strategy, product management, corporate development, which includes all of Ellie Mae's M&A activity, as well as all business development, which creates and manages all relationships with companies with whom Ellie Mae chooses to partner.   In this interview, you will gain insights to Ellie Mae's vision for growth and what drives their "make or buy" decisions.  This is of particular interest given that Ellie Mae recently announced its intent to acquire of Velocify.   You will not want to miss this important interview. David Lykken, Host of "Lykken On Lending"  and President of Transformational Mortgage Solutions

You will be encouraged with today's personal story of courage from 9/11.  Join David as he listens to C.J. De Santis retell his amazing story.  C.J. is the Co-Founder & Managing Director at CounterPointe Energy Solutions and he will also discuss his macro view of housing finance in America pre-9/11, pre-housing crisis, and his thoughts on if we will ever return to the days where Wall Street played such a dominant role in providing liquidity to the housing finance system of America.  Today's podcast will be informative and interesting! As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing you a rate & market update followed by Les Parker’s Market-Logics Live, a macroeconomic perspective on the economy with a music parody.  Next is Alice Alvey of Union Home providing a regulatory & legislative update followed by Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting our industry. Then we wrap up the first half the program wit

Because an increasing number of mortgage originators are finding that using social media can be an effective way to originate loans, David Lykken invited Jessica Peterson of Simply WOW Agency to review some basics of social media "best practices", and Jeff Sellers, a TMS-Advisors media strategy consultant, to discuss things to think about when considering a social media advertising strategy.   This fall, I am planning a 4 part series on using social media to originate loans and invite your input and suggestions for guests who are experienced and willing to share what is working for them. I look forward to hearing from you.   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

Many of you are aware of the exciting formation of Finastra, the 3rd largest financial services technology company in the world.  Today we are joined by its Global Head of Lending, Eric Cummins, to explain how Misys and D+H joined forces to create a diversified global financial software provider. Hear his ideas on the Mortgage Market along with important developments happening across our industry. This podcast will be “live” from Finastra’s “Perspectives” user conference in Orlando and promises to be informative! As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Union Home providing a regulatory & legislative update as well as Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting our industry and Andy Schell, a/k/a "Profit Doctor" sharing ideas on how to improve your bottom line and Les Parker’s MarketLogics Live one minute take on the markets. Please tell others about this program a

On today's podcast we invited Pete Mills, SVP of the MBA, to wrap-up our 8-week series on “GSE Reform” as well as give our listeners an update on “Transitional Licensing” for loan originators.  We encourage our listeners to go back and listen to each one of the past seven podcasts on GSE reform. There's so much valuable and interesting information in each of the interviews on this very important topic. As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing you a rate & market update followed by Les Parker’s Market-Logics Live, a macroeconomic perspective on the economy with a music parody.  Next is Alice Alvey of Union Home providing a regulatory & legislative update followed by Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting our industry. Then we wrap up the first half the program with Andy Schell, a/k/a “Profit Doctor” sharing ideas on how to improve your bottom line. Created BY mortgage professionals FOR mortgage prof

Our guests, Glen Corso and Scott Olson, who both run small lender trade associations, will talk about what small lenders want, and what they don’t want from GSE reform. As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Union Home providing a regulatory & legislative update as well as Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting our industry and Andy Schell, a/k/a "Profit Doctor" sharing ideas on how to improve your bottom line and Les Parker’s MarketLogics Live one minute take on the markets. 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 is our 5th in a series of podcasts focusing on GSE Reform and on this podcast, David interviews Mark Jones of AmeriFirst Mortgage Banking Group. Mark will be providing a much more in depth perspective into why GSE Reform is so critical especially when it comes to loan servicing.  Also, Mark will be sharing his take aways after meeting with US HUD Secretary Ben Carson and US Treasury Secretary Steven Mnuchin.  You will NOT want to miss this podcast.   As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Les Parker's  MarketLogics Live one minute take on macro view of the markets, Alice Alvey of Union Home providing a regulatory & legislative update as well as Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting our industry and Andy Schell, a/k/a "Profit Doctor" sharing ideas on how to improve your bottom line.  Please tell others about this program and take a minute to share a link to this p

Our discussion on GSE reform continues again this week with a distinguished panel of industry veterans Joe Murin, the President of Ginnie Mae in 2008 & 2009, Jay Brinkmann former Chief Economist of the Mortgage Bankers Association (MBA) and Gary Ort who recently retired Texas Capital Bank (TCB) where he was the President of Mortgage Finance for the TCB.  With over a 100 years of combined  experience, this panel will bring a unique historical perspective to our ongoing discuss on GSE reform.  You can be assured this panel has some great advice for those championing much needed GSE reform.   As normal, the first half of the program will feature, Joe Farr of MBS Quoteline providing a rate & market update, Alice Alvey of Union Home Mortgage providing a regulatory & legislative update & Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting our industry and Andy Schell, a/k/a "Profit Doctor" sharing ideas on how to improve your bottom line.   Please tell ot

Lykken on Lending is pleased to have Jim Parrott join us to discuss his perspective on the GSE reform, Jim is senior fellow at the Urban Institute and owner of Falling Creek Advisors, which provides financial institutions with strategic advice on housing finance issues. Jim spent several years in the Obama White House as a senior advisor on the National Economic Council, where he led the team of advisors charged with developing and defending the Administration’s on housing issues. Prior to his time in the White House, Jim was counsel to Secretary Shaun Donovan at the Department of Housing and Urban Development.  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 updates, Sam Garcia of Mortgage Daily giving us a quick overview of the latest news stories impacting our industry, Andy Schell, a/k/a "Profit Doctor" sharing ideas on how to improve your bottom line and

How should your business approach the GSE reform?  Join David Stevens, President and CEO of the MBA, as he discusses the MBA's recommended approach to GSE reform, the last piece of unfinished business from the 2008 financial crisis. David outlines key principles and guardrails that should guide the reform effort and provides a detailed picture of a new secondary-market end state. Learn important industry breaking information that has the potential to help stabilize the housing market for decades to come. 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 our industry and Andy Schell, a/k/a "Profit Doctor" sharing ideas on how to improve your bottom line. Please tell others about this program and take a minute to share a link

Why is GSE reform important and why should small lenders support it?  Bill Cosgrove, President and CEO of Union Home Mortgage and former Chairman of the MBA, gives listeners inside thoughts from a small-to-midsize lender. Bill was recently published in Housing Wire and he will take you on an important path to understanding GSE reform and what it can mean for your business.  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 our industry and Andy Schell, a/k/a "Profit Doctor" sharing ideas on how to improve your bottom line. 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

Are you looking for ways to build overall customer loyalty and product penetration?  One of your most important and potentially neglected company assets is your current client database. Today's recorded interview with Brent Emler, VP of Sales at Velma.com, and Dan Sullivan, VP of Production at CAPED, discuss simple but innovative ways to leverage your current customer relationships to drive mortgage Volume regardless of market conditions. Big data is an overused and intimidating term. Leveraging data for sales volume doesn't have to be complicated. Join us today to hear how a small depository lender generated several dozen transactions using auto loan customer data and marketing automation.   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 new