It’s been a heck of a few weeks for the financial markets.
The U.S. economy has mostly held itself together since the onset of war in Iran. But there are plenty of signs of strain, particularly in the mortgage market. The price of a home loan has been climbing for five straight weeks.
That’s partly why we wanted to talk to Michael Bright, CEO of the Structured Finance Association. The SFA represents a mix of banks, mortgage servicers and other firms in the securitization sector.