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.
If nothing else, the urgency created by TRID caused many organizations to create greater efficiency in their operations
Efficiency isn’t just about the bottom line; it’s also about market share
If you want your organization to move in a new direction, you've got to get buy-in from your team
As leaders in the industry, sometimes we have to make tough calls
Technology vendors were rushed to develop appropriate applications and software for the new rule
Often we focus on increasing our LOs’ efficiency. But is there a way to get more out of underwriting too?
It often seems that regulators are unaware of the costs they place on the very consumers they’re trying to protect
We often hear stories about poor infrastructure or environmental hazards -- but we don't often think about how those occurrences can affect our industry
For better or worse, it's not as easy to approve borrowers as it was a decade ago -- but it's our job to jump through the hoops
It's simple: the companies that are known as great places to work tend to attract the best talent