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Jess Lederman, the Mortgage Professional Handbook

Jess Lederman has published over forty books on the global financial markets, and is currently spearheading an industry-wide project, The Mortgage Professional's Handbook (mortgagebanking2020.com), which has raised over $125,000 for the ALS Therapy Development Institute of Cambridge, MA (als.net), the ALS Association (alsa.org) The MBA Foundation's Open Doors program to help families with seriously ill children, and MYHouse, which helps homeless youth.

Previously Jess was a co-founder of several national mortgage companies, including two of the first private-sector counterparts to Fannie Mae and Freddie Mac. He was also principal architect of several types of innovative financing in both the for-profit and non-profit sectors in the 1980s and 1990s.

In this episode of the Lykken on Leadership podcast, David interviews Jess and identifies several key leadership qualities and transferrable principles that are sure to help leaders of the future.

Excerpts from this Interview:

  1. Listen: What we went through with the mortgage meltdown is really a failure to understand leadership...
  2. Listen: A Leadership lesson in patience...
  3. Listen: When I went to Bear Sterns - you must be a very very rich man...
  4. Listen: Leaders learn real lessons from failures...
  5. Listen: Where there is change there is great opportunity...
  6. Listen: The culture of risk and return...
  7. Listen: There's so many aspects to siloed thinking that either leads people to take risk or to make less money...
  8. Listen: Know the details but the micro manager is going to drive away anyone but the mediocre...
  9. Listen: How do you help to instill passion...

References Made in this Interview:

MortgageBanking2020.com
Give and Take: Why Helping Others Drives Our Success