Some 400 mortgage bankers heard plenty of upbeat talk as they gathered in Raleigh recently for the eastern secondary mortgage conference, sponsored by the Community Bankers Association of North Carolina.

Paul Reid, finishing his term as president of Mortgage Bankers Association of America, pointed out that the number of U.S. households is growing by 1.2 million a year in unseen directions. "We'll see a lot more single households, married couples without children, and minorities," he said.

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