Capital Markets Today

Tom Showalter, Chief Analytics Officer of Digital Risk, joins the broadcast to discuss QM and origination defect requirements and potential impact. Showalter, hints that the bifurcation of the mortgage origination business is eminent. Showalter reflected that a mortgage company’s business is understanding consumers needs and wants then developing credit, marketing and secondary policy that meets market expectations. Because of the compliance risk and costs, manufacturing the loan or the process of originating will most likely fall to a few large companies that have the ability and balance sheet to invest millions into technology, compliance and process. Showalter goes onto to discuss the GSEs, short and long term outlook, impact of origination defects to price and performance.

Leonard Rosen was a news anchor on the Financial News Network in the 80's. Mr. Rosen also hosted the Leonard Rosen show which appeared nationally.  Mr. Rosen is currently the CEO of Pitbull Conference which is the largest organization in the country educating real estate investors, brokers and lenders on the emerging opportunities in private money financing. He is also considered an expert in the field of creating real estate investement funds.

Larry Baer joins the broadcast to discuss forecasting interest rates, high/low cycles and monetization of forecasts. Larry Baer is the founder and president of Market Alert, Inc. – a market information and pipeline risk management consulting firm based in Plano, Texas.  Market Alert, Inc. is the leading provider of real-time market prices, forecasting and analysis for mortgage brokers.

Joining the broadcast today to discuss the new qualified mortgage rules is Chris Whalen, Executive Vice President and Managing Director for Carrington Holding Company.  Carrington operates in virtually every aspect of the real estate and mortgage space.  Chris currently writes a twice weekly column, Washington & Wall Street, on the Breibart.com web site.  He also contributes articles to Zero Hedge, American Banker and The National Interest.  Chris has testified before Congress, the Securities and Exchange Commission and the Federal Deposit Insurance Corporation on a range of financial, economic and political issues and is a regular commentator on Bloomberg and other news organizations Lastly Chris is the author of the December 2010 book, “inflated: How Money and Debt Built the America Dream”.

Listen to a live recording of the Fermanian Business & Economic Institute's 2014 economic forecast conducted on December 6, 2013 by Dr. Reaser, Ph.D. & Chief Economist.. Lynn Reaser, Ph.D., is Chief Economist f at the Fermanian Business & Economic Institute (FBEI). The Institute engages in economic analysis, modeling, and forecasting with practical and actionable recommendations Dr. Reaser is also the Chief Economist of the Council of Economic Advisors for California State Controller John Chiang, and is a participating economist in the S & P/Case-Shiller Real Estate Index and many other leading economic gauges and surveys.  From 1999 to 2009, she served as the Chief Economist for the Bank of America Investment Strategies Group. Dr. Reaser provided the global and U.S. economic framework for investment strategy for high net-worth, institutional, and brokerage clients, encompassing over $500 billion under management. She previously served as Barnett Bank’s (Bank of America) and First Interstate Bank’s (Wells Fargo Corporation) Chief Economist.

Analysis by Brent Nytray, Director of Capital Markets at iServe Lending.  We'll discuss impact to the bond and equity markets, inflation, forward guidance and currency value.

Richard Koch, SVP of Morningstar Credit Ratings provides detailed information on new CFPB servicing requirements. Koch is a Senior Vice President in the Operational Risk Assessment Group at Morningstar.  He is responsible for overseeing the development and publication of all residential mortgage and consumer finance industry-related evaluation and ranking criteria.

Richard is a Senior Vice President in the Operational Risk Assessment Group at Morningstar.  He is responsible for overseeing the development and publication of all residential mortgage and consumer finance industry-related evaluation and ranking criteria.

Banks are scaling back from a 10 trillion market in mortgage servicing rights amid looming Basel III and CFPB regulations.  Private equity firms crowd the space driving prices upward. George Christo, EVP of Prestwick Mortgage Group discusses recent MSR trading trends.

Behind the Curtain – A look at the two simple engines that drive every change in the trend trajectory of mortgage interest rates.   Larry Baer is the founder and president of Market Alert, Inc. – a market information and pipeline risk management consulting firm based in Plano, Texas.  Market Alert, Inc. is the leading provider of real-time market prices, forecasting and analysis for mortgage brokers.