Lykken On Lending

When it comes to Correspondent Lending, not much has changed in decades... that is until NOW!  Our guest on today's broadcast is JACK NUNNERY, Executive Vice President of Texas Capital Bank (TCB).  Last week, TCB announced that they are launching a new correspondent lending "Mortgage Correspondent Aggregation" (MCA) business.  Jack along with Gary Ort has been responsible for TCB's Warehouse Lending operation.  They recognized that there was an unusual opportunity to create within the correspondent lending space an innovative and new approach to correspondent lending that would be streamline virtually all the processes involved to the benefit both the seller and the buyer.  As a result, Jack started a "greenfield" work effort well over a year and a half ago with the objective of designing and building a state-of-the-art streamlined correspondent lending platform that operates in a way like no other company has operated before.  On today's broadcast, Jack is going to talk about the following: Historical challe