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2-04-19b Hot Topic: Insight into What is Making Mid America Mortgage Successful

  • Broadcast in Finance
David Lykken

David Lykken

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Our Hot Topic guest on the Lykken on Lending program today is Jeffrey Bode, Chairman of the Board, Chief Executive Officer and President of Mid America Mortgage, Inc.

Topics Covered in this Episode:

  1. If a lender was notified by their warehouse bank that their line was being canceled and they need a solution to move forward how would this work?
  2. If someone had a loan that was intended to be sold to an aggregator or a bond loan that did not meet requirements how would they go about getting this loan paid off of their line?
  3. Since you have been on the forefront of technology in the mortgage business where do you see the retail business going in the next three years and also the long term in the next ten years?
  4. What are the risks to your business from the government shut down?
  5. You’ve acquired several companies over the last few years, the most recent being AMSW out of OKC.  What are the risks to an acquirer of a mortgage business? 

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