Accounting Standards Developments in the Secondary Market (2009-04-21)

The Financial Accounting Standards Board (FASB) is considering amendments to FAS 140 and FIN 46(R) that dramatically would change the accounting for loan securitizations. The amendments to FAS 140 would eliminate the accounting concept of Qualified Special Purpose Entity, making it more difficult for sponsors of MBSs to attain "sale" accounting treatment. Further, proposed changes to FIN 46(R) would force many MBS sponsors or servicers to consolidate MBS assets and liabilities. Recent Treasury loan modification guidelines may trigger troubled debt restructuring charge off. The update also includes the latest on fair value accounting issues.

Challenges in Pricing Whole Loan Transactions (2009-04-20)

With the current opportunities in the discounted and distressed asset market and the absence of a private label securitization market, the need for a consistent and objective pricing model for whole loan pools has become critical. Mortgage funds, private equity firms and hedge funds are grappling with different means and methods to come up with a representative price for loans. Join our panel of experts as they examine these challenges and explore the practices and methodologies borrowed from other asset classes and industries to structure and price whole loan deals.
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Implications of the Federal SAFE Act on the Secondary Mortgage Market (2009-04-20)

On July 30, 2008, the President signed into law the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE). SAFE contains several mandates for the industry and state and federal agencies. This panel provides an overview of SAFE and the significant implications it will have on the secondary mortgage market, including more uniform loan and originator data, greater transparency of origination channels and increased accountability of mortgage companies and professionals.

Mortgage Industry Economic Outlook (2009-04-21)

Mike Fratantoni, Vice President of Single Family Research and Policy Development for the Mortgage Bankers Association joins other industry analysts to talk about the status of the economy and the direction of the mortgage industry. After completion of their presentations, the speakers will take your questions. Attend this session to hear a regional and national breakdown of the mortgage markets and ways to position yourself for the future.

New Developments in Assignee Liability for Fair Lending Violations (2009-04-21)

There have been numerous important developments in fair lending law as the credit and foreclosure crisis mounts - many of these developments directly impact secondary market investors. From statutory and regulatory changes to new civil lawsuits filed across the country by individuals and cities, fair lending assignee liability is a growing issue and risk managers need to pay close attention. Join panelists for an information-packed session that discusses current and new developments in this hot area of the secondary market.

Participating Profitably in the Reverse Mortgage Market (2009-04-20)

The Home Equity Conversion Mortgage (HECM) continues to achieve new production records in originations and is likely to gain additional momentum with the enactment of the Housing and Economic Recovery Act (HERA). HECM securitizations are headed for the $2 billion mark and recently Ginnie Mae added the H Class Real Estate Mortgage Investment Conduit (REMIC) to their multi-class security program, allowing investors to combine forward and reverse mortgage collateral under the same structure. This presentation identifies methods for reverse mortgage originators to participate profitably in this niche secondary market sector.

Rating Agencies Update (2009-04-21)

Join representatives from the rating agencies as they give an up-to-date report on current market conditions and the political impact to the secondary market.

Regulatory Developments: The Impact on Asset Management and New Originations (2009-04-21)

With a stream of regulatory developments in the United States, it is clear that these changes will have a material impact on asset management as well as loan originations. Join a panel of industry leaders as they review the economic conditions of 2008 and early 2009 and discuss how these conditions are impacting the secondary market. Learn about the overall impact of the federal rescue plan, and how it will affect both origination of new types of loans and subsequent portfolio management and capital market activities.

The Business and Technology of Online Lending (2009-04-21)

As technological advances are made, the business of how mortgages are processed and maintained is changing, but so is the business of capturing mortgage leads and turning them into closed deals. Several statistics show that consumers are researching and purchasing mortgages online at increased rates and as a result, lenders are attempting to meet those consumers via the Web. Join our industry experts as they discuss best practices to incorporate in order to compete effectively in today's market. Struggles encountered with online lending and the implementation of critical technologies are addressed, as well as key trends taking place in the market.
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