In this episode of Lykken on Lending, I sit down with Adam Carmel, Founder and CEO of Polly, to explore how his team is transforming one of the most overlooked yet critical areas of mortgage banking—capital markets technology. We dive into why legacy pricing engines have held lenders back, how Poly is using AI and agile infrastructure to cut origination costs, and what the future holds for a more transparent, configurable, and profitable mortgage ecosystem. If you’ve ever wondered how technology can solve the $13,000-per-loan challenge and bring real innovation to the secondary market, you won’t want to miss this conversation.