This podcast segment breaks down the industry’s most significant appraisal changes in years, highlighting what lenders must do now to prepare for the upcoming URAR and UAD 3.6 transition.

-------------------------------------------------------------

Adam DeSanctis, VP of Communications at Mortgage Bankers Association

As 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.

This Weekly AI Update explores a powerful and unconventional question—Does God play dice with your business?—as Pavan Agarwal breaks down the true nature of AI, risk, and decision-making in today’s rapidly evolving landscape. Stripping away the hype, he reveals that AI isn’t magic at all, but deeply rooted in over a century of mathematical principles like probability and Markov chains. For mortgage professionals and business leaders, the real takeaway is practical: success in an AI-driven world comes from focusing on present data, making clear-headed decisions, and leveraging tools that amplify productivity. This episode challenges listeners to rethink uncertainty—not as chaos, but as something measurable, manageable, and ultimately, winnable.

The mortgage market may be constrained by rate lock-in, but a powerful shift is underway—home equity lending is emerging as one of the most significant growth opportunities in the industry today. As borrowers hold onto historically low first mortgage rates, they’re increasingly turning to HELOCs and home equity loans to access the wealth built in their homes. In this episode, we explore the data behind this surge, the operational and technology challenges holding lenders back, and how forward-thinking organizations are transforming their processes to deliver faster, more seamless borrower experiences. If you’re looking to stay competitive and unlock new revenue streams in today’s market, this conversation is essential listening.

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 market may be facing a far more complex risk than typical rate cycles, as global conflict and energy supply disruptions introduce the possibility of a new inflation shock. With tensions surrounding key oil shipping routes like the Strait of Hormuz, the ripple effects extend well beyond fuel prices—impacting global supply chains, economic growth, and ultimately interest rates. What makes this moment particularly unique is the potential for a split in rate behavior, where short-term rates could fall due to slowing economic activity while long-term rates rise on persistent inflation concerns. In this segment, industry experts unpack this unconventional scenario and what it could mean for mortgage professionals navigating an increasingly uncertain and interconnected global market.

This podcast segment explains how AI is rapidly transforming mortgage lending by moving beyond simple automation to power end-to-end workflows and emerging as a full operating system for the industry.

-----------------------------------------------------

Allen 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 why the mortgage industry is advocating for HMDA reform to reduce compliance burdens, clarify regulatory expectations, and minimize costly reporting risks.

------------------------------------------------------------------

Alice Alvey, Master CMB

Vice President Partner Education and Training at Union Home Mortgage

She 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 breaks down how volatile oil prices, a stronger-than-expected jobs report, and mixed economic signals are keeping bond markets range-bound while leaving mortgage rate direction uncertain.

-----------------------------------------------------

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.