On June 27, 2023, we led a training for the FFIEC on trends in the mortgage banking marketplace, pipeline risk management, and mortgage servicing rights.
Released May 2020
Introduction
This white paper, along with its predecessor, released last month, attempts to build an economic recovery timeline based upon medical initiatives currently underway to combat the COVID-19 pandemic.
This ...
Released April 2020
Introduction
COVID presented two challenges to mortgage servicing rights valuation experts in the early months of 2020. First, how to properly incorporate the potential credit and prepayment risks into the ...
Released March 2020
Introduction
The Community Bank Leverage Ratio (“CBLR”) final rule was recently adopted by the federal banking agencies and became effective on January 1, 2020. The rule is optional and designed to simplify the ...
Initially offered at the 2017 AICPA Conference on Credit Unions, All You Ever Wanted to Know About Mortgage Banking offers an all-inclusive insight into a credit union’s mortgage banking operation.
This presentation touches on ...
Interest rates are up, refinances are down, and the CFPB has recently released dizzying amounts of regulation regarding mortgage lending, with more to come.
Lenders are asking - should I retain mortgage loans? Sell them into the ...
The accounting and regulatory reporting for mortgage banking activities is relatively complex.
For example, locking in a rate with a borrower for a loan to be sold into the secondary market creates a derivative that must be accounted ...
Accounting for Mortgage Banking Activities
Mortgage Servicing Rights
Released January 2012
Introduction
Mortgage banking involves relatively sophisticated financial activities, including the creation of derivatives, hedging, and the ...
Accounting for mortgage banking activities
Interest Rate Lock Commitments, Forward Sales Commitments and Closed Loans Held for Sale
Released March 2012
Introduction
Mortgage banking involves relatively sophisticated financial ...
