march, 2018

26mar(mar 26)7:55 am27(mar 27)1:00 pmIMN's 5th Annual Residential Mortgage Servicing Rights ConferenceMarch 26 - 27 | New York, NY

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Event Details

Mike Carnes, Managing Director, MSR Valuations, Capital Markets Group at MIAC, will be presenting during the 5th Annual Residential Mortgage Servicing Rights Forum, in Downtown New York City.

Session Information
Valuation-What are the Key Factors in Determining a Price and Forecasting Future Revenue?
Monday, March 26, 2018         12:15 – 1:00 PM

Contact Mike to Schedule a Meeting

Topics:

•    How has the increase in liquidity impacted prices/performance? How about interest rate changes?
•    Fair market vs. mark-to-market pricing and OAS models vs. Hybrid Static/OAS approaches
•    Changes when valuing mortgages in natural disaster zones
•    Defaults/Involuntary transfer impact
•    Newly originated Fannie/Freddie vs. Ginnie paper
•    Impact of Fed wind down
•    Managing processing intensive stochastic simulation
•    Prepayments effect on valuation-Where is the relationship going?

Dean Hurley, Managing Director, Structured Products Group at MIAC, will be presenting during the 5th Annual Residential Mortgage Servicing Rights Forum, in Downtown New York City.

Session Information
MSR under 2018 CCAR Stress-Testing
Tuesday, March 27, 2018         10:55 – 11:45 AM

Contact Dean to Schedule a Meeting

Topics:

CCAR stress testing is a mandatory test of capital adequacy for large bank holding companies (BHC); it is also widely used by various financial institutions as an internal test. One problem with MSR is that it is a “mark-to-market“ asset: a loss in market value, not only cash flow, becomes a capital-eroding factor.

•    Analytical technology solutions available that project MSR values forward in time
•    Factoring in market conditions like yield curve and HPI trends
•    Using OAS or simpler market-implied methods
•    Economic stresses, loss of liquidity or financing and deterioration in model performance under stresses
•    Projected MSR prices and investment returns along of each of the 2018 CCAR scenarios
•    Recent Fed Announcement

View the Full Agenda Here

Register Here

Conference Location

Marriott New York Downtown
85 West Street
New York, NY 10006
(212) 385-4900

 

Time

26 (Monday) 7:55 am - 27 (Tuesday) 1:00 pm

Organizer

IMN

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