When will interest rates go up? Christopher Bennett of Vice Capital Markets 2014 forecast.
Chris was a special guest at our Michigan Mortgage Lenders Association Sales Summit. Mr. Bennett is a very entertaining and informational speaker with the ability to provide a wide prospective to the economic trends and forecasts.
Chris founded Vice Capital Markets in 2001, and has directed its growth to becoming the largest hedging firm in the Midwest. He has twenty years of experience in the mortgage banking industry. Prior to Vice Capital, Chris was Director of Secondary Marketing for Homestead USA, and Head Trader at Republic Bancorp. He has been a trader for twenty-five years, starting out in the agricultural futures markets, but since 1994 focusing exclusively on the U.S. Bond Markets. Chris has personally traded over $80 billion of Mortgage-Backed Securities and related instruments, and has pioneered key advancements in pipeline Shock Analysis which account for changes in implied servicing values for incremental changes in underlying MBS pricing. He holds an Economics Degree from the University of Michigan. If you would like to reach Mr Bennett watch the end of the video.