Lykken on Lending

This podcast segment explores how AI is transforming mortgage lending while highlighting the growing importance of governance, data security, vendor management, fraud prevention, and cost-effective technology strategies for lenders.-----------------------------------------------------Allen Pollack, Tech ConsultantAllen 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.

This podcast segment encourages lenders to stop waiting for lower interest rates and instead focus on growing their business by embracing today's market, serving purchase borrowers, and capitalizing on opportunities like non-QM lending.------------------------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Internal QA and Compliance and SaaS technologies. Indecomm acquired Mortgage U in 2013, where Alice was President/Co-founder, providing training and consulting since 1996. Prior to MU she served as SVP of Operations at a national bank overseeing operations for wholesale, retail and correspondent from underwriting through servicing, and compliance.She has been in the trenches of mortgage lending operations from application through servicing for over 30 years. Her authoring work in training content, policies and procedures and the FHA/VA Practical guides illustrates her ability to bridge regulatory requirements with day-to-day operations.Alice has been a weekly contributor to the Lykken on Lending show since its beginning in April 2009 and has made her weekly contributions to 450+ episodes!

This podcast segment explains how easing Middle East tensions, improving bond markets, and upcoming Federal Reserve decisions are contributing to renewed optimism for lower mortgage rates.-----------------------------------------------------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.

07-14-2026 Bonds Watch "Radar Love" -------------------------Bonds’ got a thing that hates Radar Love. They could switch and buy…How shocking: August Crude Oil returned to the low 70s from the mid-60s. Oil has no narrative to justify exceeding $80 or falling below $64. Expect trading to be stuck in the 70s.Meanwhile, rates wait for drums of war to stop.The markets remain messy and noisy from little fundamental direction. Remove two wars and the Bond bulls return.Bonds love bombs. Or They love them not.These views are mine. Join TMSpotlight to know what’s on the radar.-------------------------Song: Radar Love (1973) Golden Earring

This podcast segment highlights the CFPB's new request for information, marking a significant step toward modernizing mortgage regulations and advancing MBA's advocacy for reforms that could reduce costs, ease compliance burdens, and expand access to affordable mortgage credit.-------------------------------------------------------------Adam DeSanctis, VP of Communications at Mortgage Bankers AssociationAs a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA's social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA's research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA's organizational public affairs plan, media relations and member communications support for mPower, MBA's Opens Doors Foundation and MBA's Diversity, Equity, and Inclusion program.

As artificial intelligence continues to dominate boardroom conversations, many organizations are discovering that simply adopting AI tools isn't enough to achieve meaningful business results. In this week's Weekly AI Update, David Lykken and Pavan Agarwal unpack why an overwhelming 88% of AI initiatives fail to deliver measurable value and explore what separates the successful 12% from the rest. Drawing on Pavan's recent Forbes article and PwC research, this episode reveals why CEOs must lead AI transformation from the top, rethink entire business workflows, and focus on execution—not experimentation. If you're looking to turn AI from a costly expense into a true competitive advantage, this conversation offers practical insights every business leader should hear.

In an era where headlines compete for clicks and AI is transforming how information is created and consumed, trust has never been more valuable. In this insightful episode of Lykken on Lending, David Lykken sits down with James Kleimann, founder of The Mortgage Scoop, to explore what it takes to deliver authentic journalism in today's mortgage industry. James shares his remarkable journey from local investigative reporting to becoming one of the industry's most respected independent voices, revealing why relationships, credibility, and meaningful storytelling matter more than ever. Together, they discuss the evolving role of trade media, the impact of AI on journalism, industry consolidation, social media, and the future of mortgage lending. Whether you're a lender, executive, loan officer, or industry leader, this conversation offers valuable insights into how transparency, trust, and human connection continue to shape the future of housing finance.

The Lykken on Lending Weekly Mortgage Update delivers expert commentary and timely insights from across the mortgage industry. Each episode features a curated lineup of respected thought leaders and analysts:Adam DeSanctis with the MBA Mortgage Minute, providing key updates from the Mortgage Bankers Association.Les Parker’s TMSpotlight offers a macroeconomic perspective with his signature musical parodies.Matt Graham of MBS Live, breaking down market activity and interest rate movements.David Kittle, CEO of The Mortgage Collaborative, sharing insights on mortgage originations and industry trends.Alice Alvey of Union Home Mortgage, delivering essential regulatory and legislative updates.Allen Pollack, with the Tech Report, spotlighting emerging technologies impacting mortgage operations.Bill Corbet, presenting Bill's Bullet Commentary with focused insights on loan servicing and capital markets.Marc Helm, offering Marc’s Rant, an unfiltered take on operational and agency-related developments.Together, this expert panel brings clarity, relevance, and a touch of personality to the ever-evolving mortgage landscape.

This podcast segment explores how artificial intelligence is rapidly transforming mortgage lending, from underwriting and valuations to compliance and operations, while highlighting the importance of responsible adoption and governance.-----------------------------------------------------Allen Pollack, Tech ConsultantAllen 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.

This podcast segment explains how easing Middle East tensions, improving bond markets, and upcoming Federal Reserve decisions are contributing to renewed optimism for lower mortgage rates.-----------------------------------------------------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.

06-16-2026 “A Mistake” The Apple of a Modeler's Eye———————They’re gonna make a mistakeThey’re gonna do it on purposeDoes it waste our time?We all make mistakes. Modelers intentionally make mistakes to test scenarios and reveal truths not shown in official government statistics. Alternative data and models highlight the value of learning through trial and error and transparency.The absence of the government spoon-feeding the Fed revealed the shadow modelers to a broader audience. They can gain insight sooner by making mistakes. Markets developed quite a taste……for a well-made Mistake. They wanna make A Mistake. Why can’t we make A Mistake?These views are mine. Learn from mistakes at TMSpotlight.com.-------------------Song: A Mistake (1999) Fiona Apple

This podcast segment explores FHA's review of its Minimum Property Requirements and how modernizing these standards could streamline appraisals, reduce lending delays, and improve access to FHA financing.-------------------------------------------------------------Adam DeSanctis, VP of Communications at Mortgage Bankers AssociationAs a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA's social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA's research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA's organizational public affairs plan, media relations and member communications support for mPower, MBA's Opens Doors Foundation and MBA's Diversity, Equity, and Inclusion program.

Housing affordability remains one of the mortgage industry's greatest challenges, but what if one policy change could provide immediate relief for first-time homebuyers? In this insightful discussion, David Lykken, David Kittle, Alice Alvey, and Bill Corbett examine the case for eliminating FHA's upfront mortgage insurance premium (MIP), arguing that the Mutual Mortgage Insurance Fund's strong capital position may create an opportunity to lower borrowers' upfront costs without compromising the program's financial stability. The conversation also explores the broader economic backdrop of inflation, interest rates, and government policy, raising important questions about whether practical, common-sense reforms could make homeownership more attainable for thousands of Americans.

This podcast segment explores how rapid advances in artificial intelligence are transforming mortgage lending and servicing while highlighting the critical importance of governance, data security, compliance, and responsible implementation to avoid unintended risks.-----------------------------------------------------Allen Pollack, Tech ConsultantAllen 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.

This podcast segment highlights new VA loss mitigation options that give veteran homeowners more opportunities to avoid foreclosure while encouraging borrowers to contact their mortgage servicer early and urging lenders to weigh in on pending FinCEN AML policy changes.------------------------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Internal QA and Compliance and SaaS technologies. Indecomm acquired Mortgage U in 2013, where Alice was President/Co-founder, providing training and consulting since 1996. Prior to MU she served as SVP of Operations at a national bank overseeing operations for wholesale, retail and correspondent from underwriting through servicing, and compliance.She has been in the trenches of mortgage lending operations from application through servicing for over 30 years. Her authoring work in training content, policies and procedures and the FHA/VA Practical guides illustrates her ability to bridge regulatory requirements with day-to-day operations.Alice has been a weekly contributor to the Lykken on Lending show since its beginning in April 2009 and has made her weekly contributions to 450+ episodes!

This podcast segment explains how quarter-end bond market trading, weaker-than-expected jobs data, and evolving Fed expectations combined to drive mortgage rate volatility and shape the outlook for interest rates in the weeks ahead.-----------------------------------------------------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.

07-06-2026 Spinning in "Circles" ----------------------Rates couldn't turn around'Til they were upside downPowell said that he’s gone, yet he’ll be around for a while. Trump underscored that the blockade would last as long as it takes. So, the guessing game remains in place: when will the pressure on Oil prices ease, and will they drag growth more than drive inflation?The 10-year yield spins in circles between long-standing resistance at 4.50 and a trend reversal at 4.20. The bulls need tangible good news on Oil to break out.Run away, but we're running in circles. Run away, run away. These views are mine. Join TMSpotlight to know how circles break.------------------------Song: Circles (2019) Post Malone

This podcast segment highlights the release of FICO 10T and VantageScore 4.0 historical data, marking a major step toward modernizing mortgage credit scoring, expanding lender choice, and improving access to affordable home financing.-------------------------------------------------------------Adam DeSanctis, VP of Communications at Mortgage Bankers AssociationAs a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA's social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA's research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA's organizational public affairs plan, media relations and member communications support for mPower, MBA's Opens Doors Foundation and MBA's Diversity, Equity, and Inclusion program.

As the mortgage industry navigates another week of market uncertainty, one message is becoming increasingly clear: strong economic fundamentals are keeping interest rates elevated even as optimism returns to the housing market. In this week's commentary, our panel examines what a stronger-than-expected jobs report means for Federal Reserve policy, why geopolitical tensions continue to fuel market volatility, and how mortgage professionals should interpret shifting expectations for rate cuts versus rate hikes. The discussion also explores the growing confidence in purchase lending, the importance of separating politics from economic data, and the industry's continued call for meaningful housing finance reforms. Whether you're watching the Fed, managing a pipeline, or preparing for what's next, this conversation provides valuable perspective on the forces shaping today's mortgage market.

This podcast segment explores how mortgage professionals can safely harness the growing power of AI by choosing the right platforms, maintaining strong governance, and using artificial intelligence to augment—not replace—human expertise and decision-making. -----------------------------------------------------Allen Pollack, Tech ConsultantAllen 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.

This podcast segment highlights new VA loss mitigation options that give veteran homeowners more opportunities to avoid foreclosure while encouraging borrowers to contact their mortgage servicer early and urging lenders to weigh in on pending FinCEN AML policy changes.------------------------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Internal QA and Compliance and SaaS technologies. Indecomm acquired Mortgage U in 2013, where Alice was President/Co-founder, providing training and consulting since 1996. Prior to MU she served as SVP of Operations at a national bank overseeing operations for wholesale, retail and correspondent from underwriting through servicing, and compliance.She has been in the trenches of mortgage lending operations from application through servicing for over 30 years. Her authoring work in training content, policies and procedures and the FHA/VA Practical guides illustrates her ability to bridge regulatory requirements with day-to-day operations.Alice has been a weekly contributor to the Lykken on Lending show since its beginning in April 2009 and has made her weekly contributions to 450+ episodes!

6.8.26 Is Elon Musk The "Starman" --------------------Elon’s Starman waiting in the skyHe'd like to come and meet usBut he thinks he'd blow our minds.The trillion-dollar man, Elon Musk, has missions to Mars and moon colonies. He collects data on human behavior via Tesla. He antagonizes governments with tweets despite his wealth exceeding the GDP of 125 countries.Meanwhile, the curve twists, mortgage rates bounce between 4.80% and 4.20%, and the short end wonders whether the Fed will tighten. But the game board remains the same.Let the players lose itLet the players use itLet all the players boogieThese views are mine. Join TMSpotlight to know the players.-------------------Song: Starman (1972) David Bowiews1

This podcast segment explores FHA's review of its Minimum Property Requirements and how modernizing these standards could streamline appraisals, reduce lending delays, and improve access to FHA financing.-------------------------------------------------------------Adam DeSanctis, VP of Communications at Mortgage Bankers AssociationAs a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA's social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA's research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA's organizational public affairs plan, media relations and member communications support for mPower, MBA's Opens Doors Foundation and MBA's Diversity, Equity, and Inclusion program.

In today's fast-moving mortgage market, uncertainty has become the new normal. Geopolitical events, fluctuating interest rates, and nonstop news cycles can create daily swings that challenge both lenders and borrowers. Yet amid the volatility, one thing remains constant: the importance of sound guidance and disciplined decision-making. In this discussion, our panel explores how mortgage professionals can rise above the headlines by focusing on what they can control—educating borrowers, managing risk, making smart lock decisions, and maintaining confidence in a purchase market that continues to show resilience despite ongoing economic uncertainty.

This podcast segment explores how artificial intelligence is rapidly transforming mortgage lending, from underwriting and valuations to compliance and operations, while highlighting the importance of responsible adoption and governance.-----------------------------------------------------Allen Pollack, Tech ConsultantAllen 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.

This podcast segment explores why purchase mortgage demand remains resilient despite elevated interest rates, while rising homeowner's insurance costs and property taxes create new affordability challenges for borrowers.-----------------------------------------David G. Kittle, CMB is a highly respected leader in the mortgage industry, with over 45 years of experience. He is the Co-Founder and Chairman of The Mortgage Collaborative (TMC), a mortgage lending cooperative providing members with access to resources and tools to improve their business operations.Kittle began his mortgage banking career with American Fletcher Mortgage Company as a top-producing loan officer in 1978 moving to the management side in 1986 with Southmark Mortgage. He opened Associates Mortgage Group, the first of his three lending companies in 1994.Kittle served as MORPAC Chairman for MBA, from 2004-2006. He is past President of both the Louisville and Kentucky Mortgage Bankers Associations, as well as leading the industry through its most tumultuous period as Chairman of the Mortgage Bankers Association, Washington DC in 2009. Kittle has testified before congress 14 times.Kittle has been a driving force behind the growth and success of TMC, working to bring together mortgage lenders from across the country to share best practices and collaborate on key industry issues. Kittle has also been a vocal advocate for innovation and technology adoption in the mortgage industry, urging lenders to embrace new tools and strategies to improve their operations and better serve their customers.Kittle is a frequent speaker at industry events and conferences, sharing his expertise on a variety of topics related to mortgage lending.He resides in Louisville, Kentucky, he has four children and two grandchildren.

This podcast segment captures growing industry frustration as lenders and experts question the execution, costs, and real impact of FHFA’s credit scoring rollout despite years of development.------------------------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Internal QA and Compliance and SaaS technologies. Indecomm acquired Mortgage U in 2013, where Alice was President/Co-founder, providing training and consulting since 1996. Prior to MU she served as SVP of Operations at a national bank overseeing operations for wholesale, retail and correspondent from underwriting through servicing, and compliance.She has been in the trenches of mortgage lending operations from application through servicing for over 30 years. Her authoring work in training content, policies and procedures and the FHA/VA Practical guides illustrates her ability to bridge regulatory requirements with day-to-day operations.Alice has been a weekly contributor to the Lykken on Lending show since its beginning in April 2009 and has made her weekly contributions to 450+ episodes!

This podcast segment explains how ongoing Iran peace negotiations and geopolitical headlines are driving bond market volatility, often overshadowing economic data and influencing mortgage rate movements.-----------------------------------------------------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.

06-02-2026 The "Mad World" of Oil-----------------All around us are familiar pricesWorn out paces, worn out peace dealsScrimmages contrast the anticipation of Oil flows resuming. Sluggish growth and stubborn inflation result in narrow trading.July Crude Oil is following our script, reaching the mid-80s. As a result, the 10-year yield is building value below 4.50. When Oil reaches the low 80s, look for the Bond bulls to return, pushing mortgage rates back below 6.20.Mad World, Fed World, Iranian Oil World, Mad WorldThese views are mine. Join TMSpotlight to see how madness changes rates. Dave says: Go to our show notes to sign up for TMSpotlight with your email.-----------------Song: Mad World (1983) Tears for Fears

This podcast segment explores FHA's review of its Minimum Property Requirements and how modernizing these standards could streamline appraisals, reduce lending delays, and improve access to FHA financing.-------------------------------------------------------------Adam DeSanctis, VP of Communications at Mortgage Bankers AssociationAs a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA's social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA's research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA's organizational public affairs plan, media relations and member communications support for mPower, MBA's Opens Doors Foundation and MBA's Diversity, Equity, and Inclusion program.

Artificial intelligence is transforming far more than productivity—it is fundamentally changing how consumers discover and evaluate mortgage professionals. In this Hot Topic, David Lykken sits down with marketing expert John Seroka to discuss why AI has become the new gatekeeper between consumer intent and lender discovery. Together, they explore how brand clarity, message consistency, original content, and digital credibility are becoming the key drivers of visibility in an AI-powered world. Whether you're a loan originator, branch manager, or mortgage executive, this conversation offers practical insights to help ensure your business is found, trusted, and recommended by the AI platforms that are rapidly reshaping the future of mortgage marketing.

The Lykken on Lending Weekly Mortgage Update delivers expert commentary and timely insights from across the mortgage industry. Each episode features a curated lineup of respected thought leaders and analysts:Adam DeSanctis with the MBA Mortgage Minute, providing key updates from the Mortgage Bankers Association.Les Parker’s TMSpotlight offers a macroeconomic perspective with his signature musical parodies.Matt Graham of MBS Live, breaking down market activity and interest rate movements.David Kittle, CEO of The Mortgage Collaborative, sharing insights on mortgage originations and industry trends.Alice Alvey of Union Home Mortgage, delivering essential regulatory and legislative updates.Allen Pollack, with the Tech Report, spotlighting emerging technologies impacting mortgage operations.Bill Corbet, presenting Bill's Bullet Commentary with focused insights on loan servicing and capital markets.Marc Helm, offering Marc’s Rant, an unfiltered take on operational and agency-related developments.Together, this expert panel brings clarity, relevance, and a touch of personality to the ever-evolving mortgage landscape.

Artificial intelligence is rapidly transforming the mortgage industry, but innovation without governance can create significant operational, compliance, and cybersecurity risks. In this episode of Lykken on Lending, the panel examines the growing trend of employees using unauthorized AI tools and personal devices to solve business challenges outside their company's approved systems—a practice often referred to as "shadow AI." The discussion explores the fine line between encouraging innovation and protecting sensitive borrower data, while emphasizing the need for clear AI governance policies, ongoing employee education, and strong security controls. As lenders embrace the next generation of AI-powered productivity tools, this conversation offers timely guidance on how to innovate responsibly without compromising compliance, data integrity, or corporate trust.

This podcast segment highlights new VA loss mitigation options that give veteran homeowners more opportunities to avoid foreclosure while encouraging borrowers to contact their mortgage servicer early and urging lenders to weigh in on pending FinCEN AML policy changes.------------------------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Internal QA and Compliance and SaaS technologies. Indecomm acquired Mortgage U in 2013, where Alice was President/Co-founder, providing training and consulting since 1996. Prior to MU she served as SVP of Operations at a national bank overseeing operations for wholesale, retail and correspondent from underwriting through servicing, and compliance.She has been in the trenches of mortgage lending operations from application through servicing for over 30 years. Her authoring work in training content, policies and procedures and the FHA/VA Practical guides illustrates her ability to bridge regulatory requirements with day-to-day operations.Alice has been a weekly contributor to the Lykken on Lending show since its beginning in April 2009 and has made her weekly contributions to 450+ episodes!

06-30-2026 "Changes" on Tap for Oil, Bonds, and the Fed___________________Warsh not supposed to be scared of anythingBut you don't know where he is“Less transparency means more guesswork, more uncertainty, more volatility, more risk premium, more event risk.” Scream some investors over of Kevin Warsh’s plans for a quieter Federal Reserve. Warsh wants more uncertainty and volatility to desensitize markets to government interference. He may be right, but be careful what you wish for.Oil is going through Changes. Bonds feel frustrated as the Fed goes through changes too.So they trade sympathetically. Now, Bonds go through Changes, Changes.These views are mine. Join TMSpotlight to know changes.--------------------Song: Changes (2002) 3 Doors Down

This podcast segment explains how easing Middle East tensions, improving bond markets, and upcoming Federal Reserve decisions are contributing to renewed optimism for lower mortgage rates.-----------------------------------------------------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.

This podcast segment explains how FHA's sweeping regulatory reforms and the pending bipartisan housing legislation are streamlining mortgage lending, reducing compliance burdens, and creating greater operational efficiency for lenders.-------------------------------------------------------------Adam DeSanctis, VP of Communications at Mortgage Bankers AssociationAs a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA's social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA's research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA's organizational public affairs plan, media relations and member communications support for mPower, MBA's Opens Doors Foundation and MBA's Diversity, Equity, and Inclusion program.

Artificial intelligence is transforming mortgage lending, but one critical challenge remains: uncertainty. In this week's Weekly AI Update, David Lykken welcomes leading scientist Professor Arin Brahma to explore a groundbreaking innovation in uncertainty-aware machine learning that is changing how AI makes high-stakes decisions. Together, they discuss why traditional AI models can create hidden risks, how deterministic AI improves transparency, fairness, and compliance, and why this research could reshape the future of mortgage lending and other highly regulated industries. If you're a mortgage executive, lender, fintech leader, or anyone interested in responsible AI, this conversation offers a compelling look at the next evolution of trustworthy decision intelligence.

As Bitcoin and blockchain continue to gain momentum across global financial markets, mortgage professionals can no longer afford to view digital assets as a niche technology. In this Hot Topics, David Lykken sits down with attorney and blockchain advisor Manny Alicandro to separate fact from fiction and explain why Bitcoin is about much more than investing. Together, they explore how blockchain can improve transparency, streamline financial transactions, reduce costs, accelerate mortgage closings, and expand access to financial services around the world. Whether you're curious about cryptocurrency or wondering how decentralized technology could transform housing finance, this conversation provides a practical, balanced introduction to one of the most significant innovations shaping the future of lending.

The Lykken on Lending Weekly Mortgage Update delivers expert commentary and timely insights from across the mortgage industry. Each episode features a curated lineup of respected thought leaders and analysts:Adam DeSanctis with the MBA Mortgage Minute, providing key updates from the Mortgage Bankers Association.Les Parker’s TMSpotlight offers a macroeconomic perspective with his signature musical parodies.Matt Graham of MBS Live, breaking down market activity and interest rate movements.David Kittle, CEO of The Mortgage Collaborative, sharing insights on mortgage originations and industry trends.Alice Alvey of Union Home Mortgage, delivering essential regulatory and legislative updates.Allen Pollack, with the Tech Report, spotlighting emerging technologies impacting mortgage operations.Bill Corbet, presenting Bill's Bullet Commentary with focused insights on loan servicing and capital markets.Marc Helm, offering Marc’s Rant, an unfiltered take on operational and agency-related developments.Together, this expert panel brings clarity, relevance, and a touch of personality to the ever-evolving mortgage landscape.

The mortgage industry is entering a period of meaningful transition as new Federal Reserve leadership, evolving market dynamics, and ongoing geopolitical uncertainty reshape the outlook for interest rates and housing finance. In this week's Weekly Mortgage Update Commentary, David Lykken and an expert panel examine what Kevin Warsh's leadership style could mean for the future of monetary policy, why mortgage professionals should expect a more volatile market environment, and how lenders can adapt through stronger risk management, operational discipline, and strategic cost reduction. The discussion also explores the growing importance of real-time data, capital markets execution, and technology as mortgage companies prepare for a new era of market-driven decision-making.

This podcast segment examines the mortgage industry's evolving debate over alternative credit scoring models, rising origination costs, and the operational challenges lenders must overcome to improve affordability without increasing risk.------------------------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Internal QA and Compliance and SaaS technologies. Indecomm acquired Mortgage U in 2013, where Alice was President/Co-founder, providing training and consulting since 1996. Prior to MU she served as SVP of Operations at a national bank overseeing operations for wholesale, retail and correspondent from underwriting through servicing, and compliance.She has been in the trenches of mortgage lending operations from application through servicing for over 30 years. Her authoring work in training content, policies and procedures and the FHA/VA Practical guides illustrates her ability to bridge regulatory requirements with day-to-day operations.Alice has been a weekly contributor to the Lykken on Lending show since its beginning in April 2009 and has made her weekly contributions to 450+ episodes!

This podcast segment explains how the Fed's unexpectedly hawkish dot plot and Chair Kevin Warsh's communication style shifted market expectations from rate cuts to rate hikes, creating renewed volatility for mortgage rates and bond markets.-----------------------------------------------------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.

6.22.26 Stagflation Needs a "Wonderwall"--------------------------And all the roads that Iran walks are winding.And all the lights that lead them there are blindingPrice action in currencies, commodities, and energy anticipates long-term safe passage through the Strait of Hormuz.Bonds like a sidelined Fed. But no one likes the inflation consequences of sustained Oil prices, and their drag on growth. Stagflation gains popularity.Expect an attack on 4.52 in the 10-year yield. Trump’s our WonderwallThese views are mine. Join TMSpotlight and discover your Wonderwall.-------------------------------Song: Wonderwall (1995) Oasis

This podcast segment explains how the MBA is advocating for targeted Basel III reforms that strengthen bank capital standards while preserving lenders' ability to support affordable housing and a healthy mortgage market.-------------------------------------------------------------Adam DeSanctis, VP of Communications at Mortgage Bankers AssociationAs a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA's social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA's research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA's organizational public affairs plan, media relations and member communications support for mPower, MBA's Opens Doors Foundation and MBA's Diversity, Equity, and Inclusion program.

05.26.26 "War of Change" or Peace-----------------------It's a truth that in every warWorlds collide, and deals get brokered.Oil producers shut in wells when they run out of storage, and analysts say Iran will hit its limit in May. So, expect Iran to strike a peace deal. Consequently, assume oil stays below $100, then drifts below $80 by late May.Meanwhile, look for fireworks in Ukraine to end in July, pushing prices under $70. Cheaper energy supports solid U.S. growth and mild inflation, pulling long‑term rates lower.I feel it in my veins. These wars are going away.Everything's about to change.These views are mine. Join TMSpotlight to see how war news changes mortgage rates.------------------------Song: War of Change (2012) Thousand Foot Krutch

This podcast segment highlights the MBA's successful advocacy efforts that helped secure overwhelming bipartisan House passage of key housing reforms designed to improve affordability and strengthen the mortgage industry.-------------------------------------------------------------Adam DeSanctis, VP of Communications at Mortgage Bankers AssociationAs a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely considered to be an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA's social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA's research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA's organizational public affairs plan, media relations and member communications support for mPower, MBA's Opens Doors Foundation and MBA's Diversity, Equity, and Inclusion program.

Artificial intelligence has rapidly become a cornerstone of innovation across industries, but one fundamental challenge remains: trust. Most AI systems operate on probabilities, offering predictions that often come with disclaimers and uncertainty. In this episode, we explore a newly granted patent that introduces the concept of "warranted intelligence"—an AI framework designed to provide deterministic, explainable, and fully traceable decisions. We discuss how this breakthrough could reshape mortgage lending, healthcare, financial services, and other high-stakes sectors where accuracy and accountability are essential. If AI is to become a trusted partner in critical decision-making, this patent may represent one of the most important milestones in the evolution of artificial intelligence.

Housing affordability remains one of the most pressing challenges facing the American dream, but understanding the solutions requires looking beyond the headlines and into the data. In this insightful episode, David Lykken sits down with renowned housing finance expert Laurie Goodman of the Urban Institute to explore the trends, policies, and innovations shaping the future of homeownership. From the remarkable success of modern loss mitigation programs and the untapped potential of renovation financing to refinancing reform, affordability challenges for younger generations, and the evolving role of institutional investors, Goodman provides a fact-based perspective on the issues driving today's housing market. Drawing on decades of research and policy analysis, she offers practical insights into how lenders, policymakers, and industry leaders can create a more accessible and sustainable housing finance system for future generations.

The Lykken on Lending Weekly Mortgage Update delivers expert commentary and timely insights from across the mortgage industry. Each episode features a curated lineup of respected thought leaders and analysts:Adam DeSanctis with the MBA Mortgage Minute, providing key updates from the Mortgage Bankers Association.Les Parker’s TMSpotlight offers a macroeconomic perspective with his signature musical parodies.Matt Graham of MBS Live, breaking down market activity and interest rate movements.David Kittle, CEO of The Mortgage Collaborative, sharing insights on mortgage originations and industry trends.Alice Alvey of Union Home Mortgage, delivering essential regulatory and legislative updates.Allen Pollack, with the Tech Report, spotlighting emerging technologies impacting mortgage operations.Bill Corbet, presenting Bill's Bullet Commentary with focused insights on loan servicing and capital markets.Marc Helm, offering Marc’s Rant, an unfiltered take on operational and agency-related developments.Together, this expert panel brings clarity, relevance, and a touch of personality to the ever-evolving mortgage landscape.