“We Call It Subprime for a Reason”
Please join us for a NABE teleconference on subprime mortgage issues.
Friday, March 16, 2007
11 AM Eastern
Speakers:
Douglas Duncan, Chief Economist, Mortgage Bankers Association
David Wyss, Chief Economist, Standard & Poor’s
Carl Tannenbaum, NABE President, will moderate
Concerns about the subprime mortgage market have been making the news lately. In the last NABE Outlook, subprime mortgage lending was identified by the NABE forecasters as posing the greatest risk to financial markets. At the same time, Freddie Mac said it will quit purchasing subprime loans, and other headlines point to increases in both late payments and defaults.
Google News search for articles about subprime mortgages
Take a closer look at this issue from the viewpoint of the mortgage banking industry with Douglas Duncan, chief economist of the Mortgage Bankers Association, and from the standpoint of the credit ratings industry, with David Wyss, chief economist of Standard & Poor's. Carl Tannenbaum, NABE President, will moderate the discussion.
Registration is $10 for NABE members and $50 for non-NABE members.
- Gold Pass Holders, register here.
- For all other registrations, please use our secure server.
Douglas G. Duncan
Chief Economist
Mortgage Bankers Association of America
Douglas G. Duncan is chief economist and senior vice president at the Mortgage Bankers Association (MBA). As leader of MBA's Research and Business Development Group, Duncan is responsible for providing economic and policy analysis services in the areas of real estate finance, legislative and regulatory proposals and industry trends for MBA and its members. He also oversees the education products and services of the association as well as its Industry technology committees and standards efforts. He has oversight responsibility for the Research Institute for Housing America (RIHA), the Mortgage Industry Standards Maintenance Organization, the Secure Identity Standards Accreditation Corporation (SISAC) and Lender Technologies Corporation (MISMO).
Since joining MBA in 1992, Duncan has served as director and senior director of MBA's Research and Business Development Group. During his tenure in these positions, Duncan broadened and deepened MBA's understanding of mortgage market and mortgage company data for purposes of policy analysis and industry economic analysis including company performance benchmarking. Duncan also oversees mortgage industry technology initiatives and standards development, including the development of data standards, electronic mortgages and secured electronic transactions technology.
Prior to joining MBA, Duncan served as a LEGIS fellow with the U.S. House of Representatives Committee on Banking, Finance and Urban Affairs. Duncan received his doctorate from Texas A&M University, B.S. and M.S. degrees from North Dakota State University and A.A. degree from Fergus Falls Community College.
David A. Wyss
Chief Economist
Standard & Poor’s
David A. Wyss is chief economist at Standard & Poor’s, based in New York. In this position, he is responsible for S&P’s economic forecasts and publications, and co-authors the monthly Equity Insight and the weekly Financial Notes. David joined Data Resources, Inc. in 1979 as an economist in the European Economic Service in London, which was acquired by McGraw-Hill. He came back to the United States in 1983 as Chief Financial Economist for DRI/McGraw-Hill, became chief economist for Standard & Poor’s DRI in 1992, and chief economist for Standard & Poor’s in 1999. Before joining DRI, Dr. Wyss was a Senior Staff Economist with the President’s Council of Economic Advisers, Senior Economist at the Federal Reserve Board, and Economic Advisor to the Bank of England.
David holds a B.S. from the Massachusetts Institute of Technology and a Ph.D. in economics from Harvard University. He is on the board of the National Association for Business Economics. David testifies regularly before Congress, is quoted regularly in the press, and has appeared on many major television programs. He has written many articles for popular and professional publications.
