KANSAS CITY, MO — My participation at the inaugural Financial Policy Conference held at the Federal Reserve Bank of Kansas City Friday (June 19) came both as a speaker and an attendee. The fact that organizers wanted the covered bonds angle to be represented is another sign that the topic remains on the public agenda in the U.S.

The event—titled “Financing Real Estate”—was sponsored jointly by the Kansas City Fed and the University of Kansas School of Business. About 150 participants from lending institutions, real estate finance and regulatory organizations engaged on many fronts from financing in residential and commercial real estate markets to related government policy-making.

A flyer aptly described the thinking behind the conference:

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