Good morning. My thanks to the Mortgage Bankers Association for the opportunity to be part of your annual convention and to Chair-elect Laura Escobar for that introduction. And, with that, welcome to the City of Philadelphia and the Third Federal Reserve District. I am honored to share this podium with my fellow speakers and to provide my outlook for economic conditions moving forward. But before I do that, there is one piece of business to which I must attend, and that is the usual Federal Reserve disclaimer: The views I express are my own and do not necessarily reflect those of anyone else on the Federal Open ... (full story)