David Lykken is 40-year industry veteran who consults on virtually all aspects of mortgage banking. David hosts a successful weekly radio program called “Lykken On Lending” (www.LykkenOnLending.com) that is heard each Monday at noon (Central Standard Time) by thousands of mortgage professionals.
With the risks that come with the current regulatory environment, mortgage pros need to be careful about outsourcing
The overall level of consumer complaints to the CFBP is declining -- and that's good news for the industry
When you're accountable to the public, you have to have established guidelines
Before the financial crisis, many were too optimistic, ignoring clear warning signs. But has the pendulum swung too far the other way?
For many, quantitative easing has become something of an addiction.
Being part of a group gives all originators a voice
The mortgage industry can always use fresh blood
There seems to be a global trend toward renting, say housing experts
The mortgage market is shifting away from a home's residents consisting of a traditional family
Regulators may have bigger fish to fry right now, but the mortgage industry needs to focus on staying compliant