Industry News

Today John Courson of the MBA held a conference call with the residential and commercial leadership of MISMO to let us know that MERS, Mortgage Electronic Registry System, has taken over management of MISMO (See news release below).

Keep reading »

This year’s CMSA conference was a lot less depressing than I expected. Not because there’s any sense that the market is going to recover in 2009 — everyone is predicting next to zero lending — but because of these three facts:

Keep reading »

The much anticipated investor forum was a bit disappointing.

I agreed with almost everything they said, and I liked the fact that it was delivered with a bit of an angry edge. The problem was that the laundry list lasted the entire session, and they left no time for questions, discussion and comments.

So, the promised “Lively Debate” turned out to be a scolding and, frankly, the people who have been working on these problems were a bit put off. But, the list of needed improvements made sense — and it is exactly what I have been saying here.

Keep reading »

I have seen that headline a few times, but I never really believed it. I do now.

Over the past few days, I attended several expert panels at the CMSA/MBA Capital Markets Conference in Washington, DC, and I find the math to be depressing but compelling.

Keep reading »

On Wednesday morning, my “happy” post-election emotion was replaced with a toxic combination of hangover and jet lag. I hit snooze a bunch of times and finally made it over to the conference for the afternoon sessions.

Keep reading »