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Dear Mortgage Professional:

Now that we’re into the fourth quarter of the year, it’s not too soon to look into the crystal ball for the next year. The outlook for the mortgage industry in 2008 is for an industry trying to recapture its poise after an enormous disruption.

The slumping housing market has become the biggest worry for Wall Street because of its potential impact on the broader economy and financial system. Rising mortgage payments, borrower defaults and loan buybacks from secondary mortgage market investors have led to numerous subprime lenders shutting their doors. Market volatility is forcing lenders to diversify their business, and revise their business objectives and strategies if they want to be successful in the coming years. Congress’ top financial services priority is to act quickly on bills to reform the FHA, and trouble in this sector has already prodded several Democratic presidential candidates to make the issue part of their campaign.

In every crisis, there are winners and losers, and observers are assessing who will emerge as the winners. During this period of readjustment, the opportunity to capture the market share in the mortgage lending area will arise, and you don’t want to miss out! Servicing always rises in value when originations fall. Reverse mortgages will continue to grow in popularity over the next decade, and the commercial mortgage sector continues to appreciate. This conference will provide you with best-practices for surviving this industry.

This is the only event of its kind to equip your financial institution with the key strategies and vital partnerships necessary to succeed! Register today for our Mortgage Outlook 2008 Conference! We look forward to seeing you in New York this November!

Regards,
Mark Fogarty
Group Editorial Director
National Mortgage News / Mortgage Technology

REGISTER TODAY!