Lykken On Lending

I have invited DAVID STEVENS, President and CEO of the Mortgage Bankers Association(MBA) to be our guest on today's broadcast.  In preparation for this broadcast, I asked David "What are the 'big boiling' issues facing our industry?"  I was encouraged when he said, "Dave, my focus is on how to get the rules right!" As the head of our trade association, the MBA, who lives and works inside of the Washington, DC beltway and as someone who has had the privilege of being in "the Oval Office" on numerous occasions advising the President of the United States on matters related to housing and housing finance, David has unique and special insights into so many issues facing our industry.  He truly has a perspective that few have and it is important that we be familiar with these issues.  So, as a result, we will be discussing the following issues in the "HOT TOPIC" segment of this broadcast: Stopping excessive enforcementNeeded changes to the Dodd Frank rulesIssues related to the Safe Act - transitional licensingMark