MIAC Executives Featured Speakers at Mortgage Risk Conference
NEW YORK, June 5, 2007— Rob Branthover
and Robert Lee, two top executives with Mortgage Industry Advisory
Corp., New York, have been asked to serve as speakers for a program
entitled Risk Management for Mortgage Portfolios,
sponsored by Risk Training, a division of Incisive Media, London.
The event will be held at the Marriott Financial Centre, 85 West
Street in New York on June 7-8, 2007, and will feature executives
from MIAC, Fannie Mae, Fitch Ratings, Nomura Securities, Blackrock
Financial and other top industry firms.
Branthover, Senior Vice President, serves as
co-head of MIAC’s Secondary Solutions department and is
responsible for secondary marketing hedge advisory, whole loan
portfolio valuations and the supervision of the MarketShieldTM
pipeline management system. He will be speaking about Pipeline
Risk Modeling on Friday.
“This is an important industry event for
anyone involved in risk management and mitigation for mortgage
portfolios,” Branthover said. “We already work with
many of the firms that will be attending this event and look forward
to sharing our experience in helping clients manage the risk inherent
in holding and trading these assets.”
Lee, Senior Vice President for MIAC, will be
providing a session entitled 'Development of Non Traditional
Mortgage Trends in the New Environment.’ It will include
a discussion on Subprime versus Prime mortgages, the housing market,
and new product trends in Subprime, Hybrid Arms, Payment Option
Arms, and collateral and performance attributes for isolating
risk.
“We have a lot of experience with the issues financial services
firms are most likely to encounter when dealing with these asset
classes,” said Lee. “We’re excited about sharing
how our advanced analytics are being used in the marketplace and
the benefits our clients are getting from them.”
MIAC Analytics was founded in 1989 by Wall Street
veterans Bob Husted and Paul Van Valkenburg to provide hedge advisory,
whole loan and MSR valuation services to the mortgage industry.
Since then, the company has grown to the point that it now serves
nearly 200 companies in the space and offers software tools and
services for valuation and risk management for nearly all illiquid
mortgage assets.
“We’re proud to have our executives
featured as speakers for this event,” said MIAC principal
Paul Van Valkenburg. “We’ve been working in this area
for many years. There are not a lot of executives in the industry
that understand these topics as well as our people.”
Nestled in the New York City’s financial
district, MIAC Analytics serves as an outsourced project manager
for 180 financial institutions across the country. MIAC Analytics
offers a completed integrated solution for mortgage risk management
including best execution and risk management for new loan originations,
valuations of illiquid mortgage residuals, FAS 157 implementation
and best practices for MSRs, Whole Loans, and Residuals, and hedging
MSRs, Whole Loans and Residuals from loan lock to balance sheet.
The company’s software products include WinOAS™,
the industry standard MSR and whole loan pricing tool; the MarketShield™ pipeline risk management solution; DataRaptor™ loan level auditing, viewing, pooling and reporting software;
an Accounting & Tax tool used by mortgage bankers for MSR
accounting, hedge accounting and more; and MIAC-ALM/VAST™ the most advanced mortgage risk model available anywhere. MIAC
Analytics remains an industry-leading hedging advisory firm and
is often called upon to broker sales of many types of mortgage-related
asset.
Incisive Media’s Risk Training hosts high
level practitioner-based training on the latest financial risk
management, hedge funds, financial IT and derivatives trading
topics. For more information about this event, surf to www.incisive-events.com/rmmp.
About Mortgage Industry Advisory Corporation
Founded in 1989, MIAC has been at the forefront of providing the
most sophisticated portfolio and risk management solutions to
the mortgage industry for all types of mortgage assets. Its clients
include 9 of the top 13 mortgage servicers and over 150 other
clients, including banks, thrifts, credit unions, FHLBs and Wall
Street dealers. The company’s proprietary software is used
in pricing, hedging and accounting for over $4 trillion dollars
in mortgage assets each month. MIAC is a registered SEC Investment
Advisor. Find out more about the company and its offerings at
its fully functional Website portal: www.MIACAnalytics.com.
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Bob
Husted
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Paul
Van Valkenburg
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www.MIACAnalytics.com
80 Maiden Lane
14th Floor, Suite 1401
New York, NY 10038
For Additional Information please contact:
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