The NMP Blog

Recruiting: Bringing Millennial Talent Into the Mortgage Industry

Submitted by David Lykken on November 16, 2016

On the Nov. 14 episode of my Lykken on Lending podcast, we had the opportunity to discuss the Millennial consumer with Leslie Gibin of Arch MI. While more Millennials have been entering the market for homeownership, that growth has been slow. Millennials have difficulty finding work and, when they do, they have difficulty believing the work is stable. The uncertainty, coupled with student debt... Read More

Leadership, Transparency, and Gaining Trust

Submitted by David Lykken on November 11, 2016

As the results of the U.S. Presidential election have rolled in, many—whether they be supporters or opponents of the President-Elect—have expressed a tremendous amount of surprise by the upset. Few of our most trusted sources predicted a President Trump, but it looks like it's actually happening. Much has been written about what's behind the astonishing amount of support Donald Trump has... Read More

News From NAMB: November 10, 2016

Submitted by John Councilman on November 10, 2016

You may have noticed that News From NAMB is not just links to other media stories but also goes to primary sources. News From NAMB is different because we find important information that may not be reported elsewhere and we comment on why it is relevant to you, often in a fun way. Best of all, it is free to NAMB members. News From NAMB is sponsored exclusively by United Wholesale Mortgage. ... Read More

The Power of Listening in Leadership

Submitted by David Lykken on November 03, 2016

In his classic book How to Win Friends and Influence People, Dale Carnegie talks about an experience at a dinner party. Throughout the whole evening, he had spent his time in conversation with another person. He offered very little about himself, however. Instead, he simply asked a lot of questions and listened to what the other person had to say. To his surprise, by the end of the evening the... Read More

News From NAMB: November 3, 2016

Submitted by John Councilman on November 03, 2016

You may have noticed that News From NAMB is not just links to other media stories but also goes to primary sources. News From NAMB is different because we find important information that may not be reported elsewhere and we comment on why it is relevant to you, often in a fun way. Best of all, it is free to NAMB members. News From NAMB is sponsored exclusively by United Wholesale Mortgage. ... Read More

You Can't Win Without a Plan

Submitted by David Lykken on November 01, 2016

If you ever watch football at the professional and collegiate level, or even at the high school level, you'll quickly notice how organized and structured the game is. The quarterback calls a play and the offense follows a set pattern, and then the defense reacts accordingly. Each side has a pre-formed strategy—a playbook that they use to govern their decisions.

Now, contrast that with a... Read More

Training Is Like Practice Before the Big Game

Submitted by David Lykken on October 31, 2016

Have you ever watched professional athletes play and wonder how they perform so well. When the quarterback or point guard calls a play, how do his teammates know how to react? Of course, we don't wonder how this happens—because we all know. They've spent the whole week practicing.

Here's an interesting question, though. Professional athletes have spent their whole lives playing the game... Read More

News From NAMB: October 27, 2016

Submitted by John Councilman on October 27, 2016

You may have noticed that News From NAMB is not just links to other media stories but also goes to primary sources. News From NAMB is different because we find important information that may not be reported elsewhere and we comment on why it is relevant to you, often in a fun way. Best of all, it is free to NAMB members. News From NAMB is sponsored exclusively by United Wholesale Mortgage. ... Read More

Two Questions to Ask in Order to Discover Your Purpose

Submitted by David Lykken on October 26, 2016

The most important, and often most neglected, aspect of leadership in the mortgage industry is understanding, developing, and living out the core purpose of your organization. All too often, leaders try to move their organization forward without defining any kind of central purpose. But the simple truth is that you can't really get anywhere if you don't know where you're going. Purpose is the... Read More

Your Reputation: The One Thing You Can't Get Back

Submitted by David Lykken on October 24, 2016

You've heard this line before; and have probably even said it: "It's just stuff. It can be replaced." You've probably said this when something in your house gets broken, a car gets totaled or something of that nature. But, in addition to our everyday lives, I think there is a manner in which this applies to business in the mortgage industry.

Sooner or later, we all face a decision that... Read More