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 special guest, HOWARD LAX of the Bodman law firm.  Howard will answer these questions and will explain why so many are exciting MSA's.  Don't miss this important discussion and interview with HOWARD LAX. 

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 giving a quick MTG NEWS HEADLINES update and Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT.  This is followed by the HOT TOPIC segment, which is an in depth discussion about one of the hottest topics related to the mortgage industry.