We are happy to announce that we are adding another educated and experienced perspective to our content line up....

In the process of publishing and moderating Mortgage News Daily we get the pleasure of observing some of the most informed and intellectual mortgage minds interacting within our community. Sometimes contributions made by our industry's experts go unnoticed because they are either tucked away in comments on blog posts/forums or simply because the author prefers to write under a pseudonym. One expert has been doing this right under your nose for some time now!

Bill Berliner is a mortgage and capital-markets consultant based in Southern California. His career began in 1985 in Bear Stearns' Allocations department, and he has since worked as a mortgage trader, salesman, and researcher. His last corporate position was as the Head of Trade Strategies for Countrywide Capital Markets' highly-regarded research department. He is the co-author, with Frank Fabozzi and Anand Bhattacharya, of "Mortgage-Backed Securities: Products, Structuring, and Analytical Techniques," which was named one of the top ten finance books of 2007 by RiskBooks. Read Bill's MND Profile and Visit his Website for more information.

Bill will be contributing his perspectives and interpretations to our content line up on a weekly basis. We hope that you are as excited as we are about the educational benefits his mortgage market experience will add to our growing knowledge base. We expect that you will treat him the same way you treat us.....and don't be shy to comment on his commentaries, whether good or bad!

Without further ado...here is Bill's Inaugural Contribution.