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.