OCC Capital Markets Training [OCC PowerPoint]
Douglas Winn and Eric Nokken led a training on trends in the mortgage banking marketplace, pipeline risk management, and mortgage servicing rights for the OCC capital markets group on June […]
Mortgage Banking Derivatives
COVID-19 Medical Advances and Economic Recovery Timeline
Frank Wilary, Principal Introduction We are at the beginning stages of the reopening process. As of mid-May 2020, 42 states have partially opened their economies. The level of permitted increased […]
Mortgage Servicing Marketplace in the Face of COVID-19
OVERALL We are currently witnessing a global economic slowdown due to the COVID-19 outbreak and most economists are projecting a pandemic-driven severe recession. In response to the outbreak, the Federal […]
Community Bank Leverage Ratio and the MPF Program
March 9, 2020 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 […]
FFIEC Training on Mortgage Banking Derivatives and Mortgage Servicing Rights [FFIEC PowerPoint]
Eric Nokken led a training on Mortgage Pipeline Risk Management and Evaluating & Valuing Mortgage Servicing Rights as part of the FFIEC Capital Markets Specialists Conference on August 1, 2018. The training […]
All You Ever Wanted to Know About Mortgage Banking [AICPA PowerPoint]
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 […]
Mortgage Lending in the Near Term – The Good, The Bad and the Ugly [FHLB Topeka PowerPoint]
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 […]
Accounting & Regulatory Guidance for the MPF® Program [Resource]
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 […]
Accounting & Regulatory Reporting for Mortgage Servicing Rights [White Paper]
Accounting for Mortgage Banking Activities Mortgage Servicing Rights Released January 2012 Mortgage banking involves relatively sophisticated financial activities including the creation of derivatives, hedging, and the intricacies of mortgage servicing. […]
Accounting & Regulatory Reporting for Mortgage Banking Derivatives [White Paper]
Accounting for Mortgage Banking Activities Interest Rate Lock Commitments, Forward Sales Commitments and Closed Loans Held for Sale Released March 2012 Mortgage banking involves relatively sophisticated financial activities including the […]