ATLANTIC CITY - Here in casino heaven, where the ATMs dispense $50 bills, pessimism is against the law. And speakers at a Northeast regional conference of mortgage bankers proved to be a pretty law-abiding bunch.

Joe Pickett, president of the Mortgage Bankers Association of America, said business had been tough for the industry in the past year "but things will turn - it's time for lady luck to come around."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.