I thought it would be interesting to share FRB Chairman Ben S. Bernanke’s Comments on Delinquency Rates and the Federal Reserve’s Homeownership and Mortgage Initiatives given in a speech at the Columbia Business School’s 32nd Annual Dinner on May 5.
The following graphics show comparisons of delinquency levels between 04-07:
Mary Kladde is the founder and CEO of Titan Lenders Corp, a Denver, CO based domestic provider of outsourced mortgage fulfillment services. Ms. Kladde has nearly 20 years of actual mortgage operations experience and exposure to all residential lending channels and processes from origination through point of sale, which has provided unique insight into the operational needs of lenders and investors
Ruth Lee is the VP of Sales at Titan, and also heads Titan's government communications and advocacy efforts. Ms. Lee actively serves and participates on national committees with the NAMB, CAMB and the TMBA. She is very much abreast of the changing regulatory requirements and challenges inundating the mortgage industry today, giving her a unique synergistic knowledge of mortgage compliance and real-world operational demands.
