LOAN SERVICING UPDATE - With special guest Michael Lau of Phoenix Capital

David's special guest this week on the radio program will be Michael Lau, EVP of Phoenix Capital a leading firm on trading loan servicing and secondary marketing. On today's broadcast we will be discussing things like: "Predictions for 2011 as it relates to servicing." "Is servicing being actively traded today?" "If so, at what levels and what are the current trading levels?" "What is going on with the cost of servicing?" Michael is a 25 year veteran of the mortgage industry and holds a Certified Mortgage Banker (CMB) designation from the Mortgage Bankers Association of America. You won't want to miss this program as it will provide important insights into the future of mortgage lending as relates to the New Year of 2011.