In the fast-paced world we inhabit, nurturing the roots of our communities often takes a back seat. However, a community thrives when its members are empowered with knowledge that can pave the path to financial stability and growth. Giving back to the community by educating them about mortgages is more than just a philanthropic endeavor. It is an investment in the fabric of society, fostering sustainable growth, and nurturing a culture of mutual respect and support. When individuals are equipped with knowledge, they can make informed decisions that benefit not only themselves but their community as a whole. Today, we have Shawn Karnes of Arvest Bank sharing how they give back to the community by educating them about the mortgage process.

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”.

Listeners. We have a really important update on what's going on with the real estate commission today. I want you to take time to listen through this and share this podcast because this is already starting to have an impact as you're going to hear in just a few minutes as we get into the discussion again, the whole topic that we're focusing on today is the sell side of the real estate commission and what no one thought would ever change appears to be changing

The Consumer Financial Protection Bureau (CFPB), an agency of the United States government responsible for safeguarding consumers in the financial sector, has recently turned its focus towards scrutinizing potential violations of the Real Estate Settlement Procedures Act (RESPA). The bureau has issued a series of consent orders against several mortgage and real estate companies for practices linked to event tickets and Marketing Services Agreements (MSAs), which have raised concerns of unfair practices and potential conflicts of interest. Mortgage and real estate companies should take this opportunity to review and update their compliance protocols to avoid falling foul of the law. As the regulatory landscape continues to evolve, adherence to RESPA’s provisions will be critical in fostering a fair and transparent real estate market that serves the best interests of consumers. Today, we have Mitch Kider of Weiner, Brodsky Kider PC on what the mortgage industry should be aware of.

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”.

The mortgage business, with its intricate lattice of financial patterns and changing market dynamics, can sometimes sap the enthusiasm out of the most stalwart professionals. There comes a time in every mortgage business owner's journey when the zeal seems to have fizzled out, leaving them pondering about drawing the curtains on their enterprise. However, quitting is not always the answer. Reigniting the lost passion and resurrecting the fervor to keep going can be a viable, and often rewarding, solution. Joining us today is Michael Powell, Founder of Cahootz, He shared with us his “why” and reigniting his passion in the mortgage industry.

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”.