Show notes:
TMSpotlight:
07-07.-2025 “China Grove” Woes Support Yields
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Talkin’ ‘bout China Woe
China woes support US mortgage rates falling to the low 6s. Its consumption remains historically low at 39% of GDP. Yet, it wants its economic model driven by domestic demand, supported by fiscal stimulus.
The transition produces deflation, which gets exported to the US. So, despite the One Big Beautiful Bill, content Oil and deteriorating fundamental news feed lower yields.
The people of DC are strange, and they’re proud of what they’ve made.
These views are mine.
Well, we’re talkin’ China Woe.
Figure out woes at TMSpotlight.com
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Song: China Grove (1973) Doobie Brothers
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July 2025 Article from ICE Mortgage Monitor
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”.