Mortgage Servicing Rights Valuation – Input Assumption & Shocks [White Paper]
This April 2023 white paper provides insight into the valuation of mortgage servicing rights (MSRs) and the key assumptions used to value them.
Residential MSRs
FFIEC Training [PowerPoint]
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.
COVID-19 Medical Advances and Economic Recovery Timeline
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 ...
Mortgage Servicing Marketplace in the Face of COVID-19
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 ...
Community Bank Leverage Ratio and the MPF Program: Coronavirus Update
Released April 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 ...
The FHLBank MPF® Program and Credit Enhancement
Released March 2020
Introduction
This white paper is an excerpt from our Accounting and Regulatory Guidance for the MPF® program, April 2020, Version 11. It focuses on the required accounting ...
Community Bank Leverage Ratio and the MPF Program
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 ...
Community Bank Leverage Ratio Finalized
Released September 2019
Introduction
On September 17, 2019, the three federal banking agencies issued the final Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking. ...
Accounting for Sales of Seasoned Loans [White Paper]
Released May 2011
Introduction
Accounting for the transfer of loans where the consideration received includes an interest only strip can be extremely complex. Did the transfer meet the ...
Guide to Reporting Under BASEL III for FHLB MPF Program Participants [Resource]
The BASEL III capital rules became effective with the March 2015 regulatory call report filing. Under the new rules, loan sales with limited recourse under the MPF Program are considered ...
BASEL III [White Paper]
Released January 2015
Introduction
BASEL III introduced major changes to the calculation of risk-based capital. It had direct effects on our clients that:
Owned mortgage servicing ...
MPF SSFA Calculator [Resource]
The BASEL III capital rules became effective with the March 2015 regulatory call report filing.
Under the new rules, loan sales with limited recourse under the MPF® Program are considered ...
Mortgage Servicing Rights Seminar [RSM McGladrey PowerPoint]
Wilary Winn presented this Mortgage Servicing Rights seminar on June 27, 2005, focusing on information about the valuation of MSRs, required repurchases and fraud issues, as well as the ...
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 ...
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 retain ...
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 market ...
Accounting & Regulatory Reporting for Mortgage Servicing Rights [White Paper]
Accounting for Mortgage Banking Activities
Mortgage Servicing Rights
Released January 2012
Introduction
Mortgage banking involves relatively sophisticated financial activities, including the ...
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
Introduction
Mortgage banking involves ...