Lykken On Lending

Where are all the first-time homebuyers? Over on the sidelines, worrying about the homebuying process, the lack of a down payment, and their ability to make a monthly mortgage payment. How can you reach out to them, build their confidence and capture their business? On today's “Hot Topic” segment, I’m joined by Leslie Gibin, Vice President for Client Risk Management at Arch MI, whose background and experience in affordable lending gives her unique expertise. Leslie will share her insights on the homebuyer mindset and highlight a new offering from Arch MI, The Roadmap to Homeownership toolkit, which equips lenders to organize and run their own homebuyer seminars to educate potential borrowers. The toolkit also features Arch MI’s MI solutions for affordable housing, so participating lenders are better able to qualify more first-time homebuyers.  As normal, the first half of the program will feature, Joe Farr of MBSQuoteline providing a rate & market update, Alice Alvey of Indecomm Global Services providin