The upcoming election will very likely determine the future of the secondary markets and therefore our industry. On today's broadcast, we will attempt to answer questions like, "What is the vision of each presidential candidate for replacing Fannie or Freddie?" "Which candidate's plan will result in private capital returning to the secondary market?" The future of the secondary markets may be the biggest single "linchpin" issue related to a mortgages, housing and an economic recovery.
Today's special guest is LES PARKER of Parker & Associates. Les is a forward thinking mortgage executive with more than 30 years of mortgage risk management experieince. He was one of the first risk managers that recognized the importance of hedging MSR's and is well known for his daily commentary on the markets. Les has his finger on the plus of what it will take to get private investors to return to the secondary markets and what is going to keep them away. Tune in to this important broadcast to understand what the future holds for the secondary markets as the result of this election.
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.
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