At this event, Thomas White and Charlie S. Wilkins, drawing on their long involvement in multifamily finance, will present their prescription for the future of multifamily housing finance reform, and John C. Weicher and Thomas Watts will draw from their own deep wells of experience to comment on the presentation.

A regulatory response to problems in mortgage servicing must fix problems in the industry but avoid poorly conceived actions that would crimp American families' access to mortgage financing and threaten the still-weak housing recovery and the broader economy.

If American mortgage borrowers act in their own narrow interests, as "knaves," they might yet cause an economic collapse worse than anything we have suffered.

The Shadow Financial Regulatory Committee would like to correct the perception that subprime lending is responsible for the turbulence in financial and housing markets that has emerged in recent months and disagrees with calls for massive federal intervention into mortgage markets.

A loan substitution program may be the best way to quickly reduce the potential number of mortgage defaults.

Alex Pollock gives the House Financial Services Committee 12 different solutions and ideas for moving forward and dealing with Fannie Mae and Freddie Mac.

President George W. Bush revealed last week his policy response to the mortgage crisis.

The federal government seems a long way from the economic disaster Bowles envisions, but some state governments, like California, are not. To avoid this, Congress could pass a law allowing states to go bankrupt.