The 2013 American Mortgage Conference on September 9-11 in Raleigh will bring together leading experts in the financial services industry, mortgage practitioners of every kind, policy makers and investors to discuss these important issues and to analyze what progress is being made in Washington.
For many observers, “skin in the game” is synonymous with a large down payment that limits lender or investor risk. However, skin in the game can be defined much more broadly, since financial investment is only one factor that mitigates risk.
The Silicon Valley area added 385,000 jobs between 2010 and 2015, but only issued building permits for 58,000 units in that same time frame, creating an unsustainable housing marker that shuts out all but the richest buyers. What, if anything, can be done to cool off skyrocketing home prices?