Today we dive deep into the world of top producers in the mortgage industry. It’s always amazing to connect with individuals who not only excel regardless of market conditions but also redefine success in their field. Today, we are thrilled to host Nancy Bayat, she is the Co-Founder of Amerify and has led her team to become the number one team at Emortgage Capital for three consecutive years. What sets Nancy apart isn’t just the impressive $4 billion she has funded but also her innovative approach that has significantly impacted how top producers operate and thrive in the industry. We will uncover the keys to her sustained success and discuss how embracing technology, particularly AI tools like Angel AI, has transformed her business operations, allowing for scalability and precision that was previously unattainable.

Experience.com helps businesses enhance their online visibility and improve search engine rankings by leveraging Google's algorithm in several strategic ways. Through these strategies, they effectively utilizes the intricacies of the Google algorithm to boost their clients' SEO efforts, helping them to gain better visibility, drive traffic, and ultimately increase conversions through enhanced online presence and reputation management. Today, we have Scott Harris, CEO of Experience.com to share about how their platform will put you on top of the search engine.

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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”.

Allen Pollack, Chief Operating Officer, Tech Consultant

Allen Pollack, a Mortgage & Financial Services Technology Advisor, is a subject matter expert in the mortgage origination process along with software product management and software development.

In today’s financial services push to all things Digital, Allen has been helping lenders and financial services solution providers align their digital transformation and technology strategies by removing the human element of risk, and automating processes that drive efficiencies and margins into profits.

Over the course of his career, Allen has co-created and developed technology business models that have birthed highly successful, innovative solutions and companies.

Allen co-founded and served as CTO of New York Loan Exchange (NYLX), a loan product eligibility and pricing engine (PPE) that made an immediate impact on the industry, scaling the company quickly and forming partnerships with multiple mortgage and financial lending companies. In 2012, Allen was a co-founder of a merger between NYLX and Aklero Risk Analytics that created LoanLogics, A Mortgage Loan Quality and Performance Analytics company. Allen served as CTO where he continued to bring new and innovative product solutions to the market that made a significant impact to mortgage lenders that reduced risk, scaled business channels, and grew profits in a very competitive and highly regulated market.

Allen is also is mortgage and finance technology contributor on a weekly live industry podcast, Lykken on Lending, and is launching a new podcast soon to be released, TechStack Radio, dedicated to technology and innovation in Financial Services.

Matt began as an originator in 2002. He fell in love with the idea of following MBS in real-time but felt that existing products were only scratching the surface. Thus was born MBS Live in 2007, the first-of-its-kind platform with real-time market data/analysis, and live chat with analysts, traders, and originators around the country. He is currently the Founder and CEO of MBSLive!

He's been covering bond/mortgage markets, writing commentary, alerts, and chatting with the live community every business hour of every business day ever since.

Matt also serves as the Chief of Operations for mortgagenewsdaily.com, where he is one of the industry's most respected mortgage rate experts, frequently quoted in the media. Mortgage News Daily's rate index is used as the definitive resource on day-to-day mortgage rate averages.

He lives in the Pacific Northwest with his wife and son where he enjoys skiing, fishing, coaching youth sports, playing the guitar, and more DIY projects/hobbies than he'd care to admit.

Check out more details about MBS Live here

In this week’s episode, we had the pleasure of hosting Mike Fratantoni, the Chief Economist and Senior Vice President of Research and Industry Technology at the Mortgage Bankers Association. Mike’s insights provided a comprehensive look at the Mortgage forecast on the origination dollar volume, unit increase, headcounts, and the effect of AI technology.

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”.

Hi, I'm Adam DeSanctis. This is the Mortgage Minute, the latest news from the Mortgage Bankers Association. Last week, the CFPB published a spring edition of its supervisory highlights focused solely on mortgage servicing. The Bureau's report generally highlights improper assessments of fees and violations of the loss mitigation process and covers examinations that were completed by the Bureau from April 1st of last year through December 31st. Most of the findings appear to involve minor infractions that have been remediated by the servicer. However, MBA in a LinkedIn post by SVP of Residential Policy, Pete Mills, called out the Bureau's press release for its misleading and harmful rhetoric against mortgage servicers by inappropriately ascribing isolated incidents of noncompliance as a general state of the industry. The LinkedIn post, which can be read in full on Pete Mills page or as a repost on MBA's main LinkedIn page, Call the bureau's press release a “disservice to consumers by further sowing fear and distrust of their mortgage servicer”. Looking ahead, the bureau's expected to conduct potential rulemaking to amend the servicing rules of Regulation and be able to keep you updated on this in all issues pertaining to the bureau. That's it for this week. Thank you for listening.

We are diving into the dynamic world of lending and financial institutions. From traditional banks to innovative fintech companies, the lending landscape is constantly evolving, shaped by changing market trends and technological advancements. In today's episode, we'll explore the latest trends among lenders in today's current market. From the rise of digital lending platforms to the increasing demand for personalized financial solutions, lenders are navigating a landscape that's both challenging and full of opportunities. But amidst these changes, one key player stands out in assisting financial institutions to adapt and thrive: Finastra. As a leading fintech company in the world, Finastra provides cutting-edge technology solutions tailored to meet the evolving needs of lenders. Joining us today is Colin Gazinski, a Senior Solutions Consultant at Finastra. We'll delve into how Finastra is empowering financial institutions with innovative tools and solutions, enabling them to streamline operations, enhance customer experiences, and stay ahead in today's competitive market.

The Bears Ask, "Have You Ever Seen The Rain?"

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Parker told us long ago

There's a calm before the storm

He knows

Last week, stagflation appeared in the GDP data, with slowing growth and rising inflation. As a result, the 10-year yield hit our bear target of 4.71.

Jimmy Carter sacrificially appointed Paul Volcker to slay inflation. Despite talking heads, it’s not the 1970s. Jay Powell's credibility projects confidence that the Fed will lower rates prudently.

However, Gold's rapid rise signals that the markets want the Fed to disclose the plan to reduce Treasury sales on May 1. Without it, the Bears reign.

Have You Ever Seen The Rain? Comin' down in a Bearish way.

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Have You Ever Seen The Rain (1970) Creedence Clearwater Revival (CCR)

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”.