01-22-2024 Weekly Mortgage Update and Honoring David H. Stevens with Bill Cosgrove and Alice Alvey of Union Home Mortgage
Lykken on Lending
English - January 22, 2024 22:47 - 1 hour - 155 MB - ★★★★★ - 18 ratingsInvesting Business mortgage regulations mortgagerates alicealvey alvey joefarr farr davidlykken lykken allenpollack Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Show notes:
TMSpotlight:
1.22.24 It's A "Love Story" If Buyers Say Yes!
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Bonds got tired of waiting.
Wondering if Jay was ever coming around.
Did the Bond buyers buy on Friday? Happy consumers bought by draining savings and using credit cards earlier in the week. Where did the new era of frugality go?
Will the Fed reduce its selling of Treasuries (Quantitative tightening) to avoid liquidity problems? Would such action increase inflation and create wild moves like the spring 2020? Is the Fed Romeo and Bonds Juliet?
Don't be afraid. Jay will get out of this mess. It's a Love Story; buyers, just say yes.
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Song: Love Story (2008) Taylor Swift
https://www.youtube.com/watch?v=8xg3vE8Ie_E
Legislative Update:
Link to VA ANPR - https://www.federalregister.gov/documents/2023/12/11/2023-27068/loan-guaranty-minimum-property-requirements-for-va-guaranteed-and-direct-loans
The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlight, a macroeconomic perspective on the economy with a music parody. That leads to Matt Graham of MBS Live providing you a rate & market update, followed by David Kittle, Chief Executive Officer @ Cypress Mortgage Capital, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. Finally, we wrap up the first half of the program with Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.