 |
Lykken on LendingAuthor: David Lykken
Created by mortgage professionals for mortgage professionals, Lykken on Lending is a weekly 60-minute podcast hosted by mortgage veteran, David Lykken, and co-hosted by Marc Helm.Joining the program each week is Adam DeSanctis with his weekly MBA Mortgage Minute, Les Parker with his Macro Market Update, Matt Graham with a weekly Market Update, David Kittle with Originations Update, Alice Alvey providing a Legislative Update, Allen Pollack with his weekly Tech Update.The weekly updates are followed by the Hot Topic segment, which is an in-depth discussion about one of the hottest topics related to the mortgage industry.The program can be heard live each Monday at noon central or downloaded as a podcast.Each week thousands of industry professionals have found this to be an effective way to stay up on all that is happening in the mortgage industry.This broadcast is provided to the mortgage industry as a public service compliment of Transformational Mortgage Solutions.We invite you to join us to listen and learn. Language: en-us Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
Weekly AI Update: The $5 Refi That Cost a Veteran $37,000 with Pavan Agarwal
Thursday, 21 May, 2026
The mortgage industry is entering a new era of scrutiny around VA refinance lending, and this Weekly AI Update exposes a troubling issue hiding in plain sight. David Lykken sits down with AI expert Pavan Agarwal to unpack how some VA refinance loans are technically meeting guidelines while financially harming veterans by stripping away tens of thousands of dollars in home equity for minimal monthly savings. In one shocking example, a veteran lost $37,000 in equity to save just $5 per month. The conversation dives into the ethical responsibility lenders carry, the limitations of legacy underwriting systems, and how AI-powered platforms like Angel AI are identifying harmful loan structures before they close. This podcast segment delivers a powerful warning to lenders while spotlighting how artificial intelligence can help protect veterans, reduce liability, and restore integrity to the lending process.
