Show notes:
TMSpotlight:
06-30-2026 “Changes” on Tap for Oil, Bonds, and the Fed
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Warsh not supposed to be scared of anything
But 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.
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Song: Changes (2002) 3 Doors Down
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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”.