Michael Carnes, Managing Director, Capital Markets MSR Valuation Group at Mortgage Industry Advisory Corporation (MIAC), will participate in the MSR valuation discussion at the upcoming IMN Residential Mortgage Servicing Rights Conference in NYC.

Monday, March 27th – Tuesday, March 28th, 2017

Marriott New York Downtown
85 West Street
New York, NY 10006

Phone: (212) 385-4900
Website: Click here

Agenda: Click here

Session Day: Tuesday, March 28th, 2017
Time: 11:05 AM

“Getting the Valuation Correct… Evaluating the Key Measure in Revenue Generation”

• Recent bid analysis and a breakdown of recent transactions… Are valuations climbing as rates rise or continuing to be under-valued due to regulatory costs?
• The latest in prepayment and default modeling
• Comparing the market value vs. economic value of GNMA servicing
• Accounting for VA prepayment speeds
• Advances in prepayment and default modeling
• Modeling MSRs as they transition in and out of delinquent states
• Accounting for Fannie and Freddie MSR higher premiums
• The impact of liquidation timelines
• Scratch and dent pools and future modification
• What we can gleam from public information and disclosures
• Valuation choices in a volatile environment
• Recapture modeling

Panel Participants:

Michael Carnes, Managing Director, Capital Markets MSR Valuation Group, MIAC

Herbie Huesman, Senior Vice President Sr. MSR Manager, Fifth Third Bank
Joseph Grimes, VP Customer Account Risk Management, Fannie Mae
Mike Ondrovich, Senior Vice President, Director of Secondary Marketing, Fulton Financial Corporation
Andrew Smith, CEO, Towne Mortgage Company
Mark Garland, President, MountainView Servicing Company

Who Should Attend

• Accounting Firms
• Government Regulators
• Independent Mortgage Bankers/Sellers
• Investment bankers
• Law Firms
• MSR Brokers
• MSR Buyers/Investors
• Private Equity Funds
• Service Providers