The Lykken on Lending radio program is hosted by mortgage veteran of 37 years and Mortgage Banking Solutions Managing Partner, David Lykken. The broadcast is brought to you LIVE every Monday at 1:00pm Eastern/12:00pm Central/10:00am Pacific thanks to the efforts of David and his regular guests Alice Alvey of Mortgage-U.com, Andy Schell of Mortgage Banking Solutions and Joe Farr of MBSquoteline.com.
The Lykken on Lending radio program would like to thank the following supporters whose contributions are vital in helping create content, obtain guests stars for episodes and promote the program. See below to learn more about these companies and the top-rate services they offer for your business.
Loan Origination Technology
Del Mar Datatrac
Founded in 1991, Del Mar DataTrac (DMD) is the leading provider of affordable loan automation solutions for mortgage lenders, banks, and credit unions. DMD offers a scalable workflow platform that enables lending best practices by leveraging DataTrac as the back-office hub along with a sophisticated point-of-sale system, a web-based originator portal and commission engine, and a management dashboard – all in a paperless environments.
The DataTrac Suite is designed by mortgage lenders for mortgage lenders who strive to deliver extraordinary customer service, increase production and profitability, reduce risk, and streamline overall efficiency. For more information, visit www.dmdinc.com.
Industry Information
PROGRESS in Lending Association
Progress is defined as “a forward or onward movement” and “a gradual betterment.” No industry, lending or otherwise, can exist and/or thrive without continued progress. The PROGRESS in Lending Association was formed to provide thought leadership to lending professionals about how to create process efficiencies through a combination of sound business strategies and technology. The ideas that come out of this association will help lenders and servicers move toward a more trusted and transparent mortgage process. To this end, PROGRESS in Lending Association puts out a daily e-letter, a twice monthly video newscast and monthly publication. These deliverables are all free and are made up of content contributed by mortgage professionals that live and breathe the mortgage industry each and every day. These contributors want to share their ideas on how to bring about faster industry recovery. PROGRESS in Lending Association encourages everyone to join this movement and be heard.
Mortgage Insurance
PMI
For more than 35 years, PMI has combined its risk management expertise and financial strength to serve the evolving needs of our customers.
PMI's insurance products support the mortgage finance system by providing protection to lenders and investors in the event of borrower default. By protecting mortgage lenders and investors from credit losses, PMI helps to ensure mortgages are available to qualified homebuyers. When a qualified borrower cannot make a 20 percent down payment on a home, lenders will often permit a smaller down payment and purchase mortgage insurance.
PMI applies leading research, analytics, and pricing principles to manage risk concentration, and loss mitigation expertise to assist lenders and borrowers faced with possible foreclosures. PMI was the first mortgage insurer to join the HOPE NOW Alliance, works closely with many nonprofit counseling entities, and plays an active role in supporting borrower education events nationwide.
Contract Mortgage Services
Wetzel Trott
In today's climate, quality counts more than ever, and Wetzel Trott can help your company maintain the quality that you require to survive in an ever-changing market. With over 450 customers in 30 states, Wetzel Trott has specialized in quality control reviews for residential lenders since 1985. Wetzel Trott can assist your organization in maintaining a high standard of quality within your residential mortgage operation. They offer a variety of services including:
- loan quality control
- servicing quality control
- quality control plans
- fraud review services, and even
- a web-based quality control software.
Quality is never an accident, it is always the result of high intention, sincere effort, intelligent direction and skillful execution. With Wetzel Trott’s collective expertise of Jan Wetzel, Brian Ludke and their knowledgeable team you know that you are always getting the best resource possible. Choosing Wetzel Trott , represents the wise choice of many alternatives. Contact Wetzel Trott for details at (248) 592-2252. Wetzel Trott – the single source solution for your quality control needs.
