Now in its 12th year, the ALFN Annual Leadership Conference is an invitation-only mortgage servicing and regulatory compliance event. ANSWERS brings together over 250 mortgage banking professionals and attracts executives from servicers, government-sponsored enterprises, national banking institutions and other mortgage banking organizations as well as ALFN's leading network of attorneys, trustees and industry service providers.
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?