Event Detail

Distinguished Speakers Series: Laurie S. Goodman (Ended)

The U.S. Residential Mortgage Market: Sizing the Problem, Proposing Solutions

Date, Time, and Location:
Wednesday, May 04, 2011 (add this event to your Outlook Calendar)
12:00 pm
The Standard Club, 320 S Plymouth Ct, Chicago, IL  60604   (Driving Directions)

Laurie Goodman

Laurie S. Goodman
Senior Managing Director - Amherst Securities Group, L.P.

Date, Time and Location:
Wednesday, May 4, 2011
12:00-1:00 p.m.
The Standard Club, 320 S. Plymouth Ct., Chicago, IL

Program Description:
Many investors look at the declining percentage of non-performing loans and conclude that the housing problem has been fixed. We argue that the market remains quite fragile-looking simply at the amount of non-performing loans ignores the large amount of modified loans, the majority of which will re-default. It also ignores the sizeable amount of always performing loans with a substantial amount of negative equity, which are going delinquent at a still rapid rate. Ms. Goodman will look at recent housing data to size the problem, and then propose policy solutions, ending with an outlook for the non-agency MBS market.

Members - $45
Non-Members - $55
Student-Members - $10
(payable by cash, check, credit card or function ticket)*

CFA Institute Qualified Activity:
Eligible for 1 credit hour

Business Casual

Chef's Choice (Vegetarian meal available upon request)

For Reservations:
Register online below, or by phone: 312-251-1301

Laurie S. Goodman
Senior Managing Director - Amherst Securities Group, L.P.

Introduction by Jeff Smith, CFA

Presenter Background Information:
Ms. Goodman is a Senior Managing Director at Amherst Securities Group, L.P., where she is responsible for strategy and business development. She joined the firm in December, 2008, assembled the Strategy Team, and began publication of the Amherst Mortgage Insight. From July 1993-Nov 2008, Ms. Goodman was head of Global Fixed Income Research and Manager of U.S. Securitized Products Research at UBS and predecessor firms. The UBS Securitized Products Research group was widely recognized for its insightful analysis and weekly Mortgage Strategist publication. Prior to that, Ms. Goodman spent 10 years in senior fixed income research positions at Citicorp, Goldman Sachs, and Merrill Lynch. She was also a mortgage portfolio manager on the buy side and a Senior Economist at the Federal Reserve Bank of New York. She has published more than 180 articles in professional and academic journals, and co-authored and co-edited five books. Ms. Goodman was inducted into the Fixed Income Analysts Hall of Fame in 2009.

11:30 am - 12:00 pm: Registration & Networking
12:00 pm - 1:00 pm: Luncheon & Presentation

*Special Notes Regarding Fees:
Student rate only available to students approved as a Student-Member of CFA Chicago for 2010-2011. Regular and Affiliate Members may apply function tickets as payment for Non-member or Student-Member. Credit card is required to guarantee ALL reservations except for ONLINE reservations using FUNCTION TICKETS. No day-of-event pre-registrations accepted (on-site only, if applicable and space available). There is a $5 surcharge for walk-ins. Visa, MasterCard, American Express, Discover and Diners Club are accepted. Cancellations accepted until 5:00 pm, April 29th.

A Passport Event This is a "Passport Program." Members of any local CFA society may attend at the CFA Chicago member rate. If you are only a member of CFA Institute, you do not qualify for the society member rate.

This program qualifies for credit under the guidelines for the CFA Institute Continuing Education Program. Please click here if you would like more information.

Content shared during CFA Society Chicago programs is not, and nothing in it should be construed as, an offer, invitation or recommendation of any specific financial services company or professional, or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy, any securities in any jurisdiction. By registering for and attending this event, you acknowledge that any photographs that may be taken are the property of CFA Society Chicago and give your consent to their use in CFA Society Chicago's online and print business communications and marketing.