This podcast segment covers Bond markets that faced sharp swings this week as misleading tariff headlines and ongoing trade negotiations overshadowed economic data and drove yield volatility.

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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.

04-14-2025 Are You A "Believer?"

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First things first, We must stop all the trades outside our hands. We’re fired up and tired of the way that fees have been.

Pain can bring constructive change. Those who believe only in normal moves miss the abnormal, spinning endless tales on how they won’t miss the next abhorrent variance.

Will mortgages follow the Bond to bearish land? The emerging fear about using short-term tariffs to recalibrate long-term international trade arrangements is higher inflation and slower growth. Fortunately, substance trumps a bogeyman.

Oh, let the tariffs fly, oh, let them rain. “I want to stop.”-New life, new times, new dreams, it came from... “We can’t”

Pain! Trump made us a, he made us a believer. Believer.

These views are mine. Catch the fight at TMSpotlight.com.

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Song: Believer (2017) Imagine Dragons

In this episode of Lykken on Lending, David Lykken sits down with Steve Butler, President and Chief Revenue Officer of True, to explore how AI is rapidly reshaping the mortgage industry. From eliminating tedious manual tasks to delivering real-time, trusted data, True is on a mission to empower lenders with fully automated, background AI agents that work invisibly—but powerfully—behind the scenes. Steve shares his journey from engineering to mortgage tech, digs into why past technology efforts often failed, and explains why now is a critical moment for lenders to embrace AI that truly works. If you're looking to cut costs, boost productivity, and refocus your team on what they do best—this is the conversation you need to hear.