Friday, August 13, 2010

Treasury Releases Guest List for Next Week's Housing Finance Forum

Executives from the nation’s two largest mortgage lenders will also be in attendance – Barbara Desoer, president of Bank of America Home Loans, and Mike Heid, co-president of Wells Fargo Home Mortgage. Mark Zandi, chief economist of Moody’s Analytics also made the cut, as did S.A. Ibrahim, CEO of mortgage insurer Radian Group. Also, Lewis Ranieri, the man who has been called the “father of the mortgage-backed securities market,” and Bill Gross, co-chief investment officer of PMICO, which runs the world’s largest mutual fund, are among the 12 individuals on the guest list.

Excluded from the list of guest speakers were industry trade and lobbying groups, such as the Mortgage Bankers Association (MBA) and the National Association of Realtors (NAR). However, MBA says its chairman will be in attendance. Also excluded were Affordable-housing advocates such as the nonprofit National Community Reinvestment Coalition, which said that consumer and community groups had been "muscled out" by financial companies, economists and academics without a sense of how housing policy plays out in communities.

The event, held at the Treasury building next Tuesday, August 17, will be streamed live on