Internet at 35,000 feet!

I am on a plane to New York for several meetings and to attend the CMSA/MBA Capital Markets Conference in Washington DC this Wednesday through Friday.

Mike Matheson Nominates Jim Flaherty for C-MISMO Board of Governance

I’ve known Mike Matheson professionally for years, but I finally got an opportunity to work with him earlier this year when a common client required we produce a nightly XML export out of Backshop in the C-MISMO data standard. Mike, who sold a technology company to Midland and has a successful consulting company, Solve Development, has probably […]

The Not So Deadliest Catch

I spent the day Fishing and Crabbing off of the Marin coast in the “High Tide” -– my 28 foot long, twin engine MasterCraft X-80 that can usually be found pulling us around on a wakeboard. Not today: We took up the carpets, loaded my 4th and 2nd grade kids, and got my buddy who […]

CMSA Europe Conference, Day 2: Not all negative

On Wednesday morning, my “happy” post-election emotion was replaced with a toxic combination of hangover and jet lag. I hit snooze a bunch of times and finally made it over to the conference for the afternoon sessions. The takeaway was not all negative. A few buyers felt pretty good about recent trades buying AAA European […]

Watching the U.S. election in London

I’m in London this week for the annual European conference of the Commercial Mortgage Securitization Association (CMSA). The media have been focused on the presidential race, but, when it looked like Obama was going to win, and we left home in Notting Hill to go join “the masses,” we found the streets mostly empty. Granted […]

CMSA Promoting European IRP Version 2

What a week to be in London! I find myself in London on this historical election night. I am attending the annual European conference of the Commercial Mortgage Securtization Association (CMSA), and the excitement around the U.S. election is intense.

NatCity was bought by PNC Today

So far during this consolidation, our enterprise software business has been coping pretty well. Bank of America buying Countrywide and RBS buying ABN AMRO were negative events in the fact that, since all four were users, four contracts became two. But, we were still left with fair multiyear maintenance contracts. Bank of America buying Merrill […]

MBA — Serious about reform — Not that depressed, but certainly humble

My takeaway from this week’s conference was the Mortgage Bankers Association is absolutely serious about enacting reform at every level. The words transparency, standards and credibility were used over and over. Because of the massive losses and the government’s long-term commitment to providing financing for homes, the pressure to standardize is greater than ever. However, […]

MBA Conference Draws Protesters

I headed into San Francisco this morning for the opening session of the 95th Annual Mortgage Bankers Association Conference and was subjected to a group of protesters objecting to the bailout, foreclosures and mortgage bankers in general.

Metallica Death Magnetic Private Show

Last night we were privileged to see Metallica play a final practice show before starting the Death Magnetic World Tour. I am friends with the band through our kids, so I was able to secure a group of passes to the show. About 1,000 people got into the Cow Palace in South San Francisco to […]