Thursday, July 13, 2017
More information coming soon!
What you need to know
Mortgage servicing rights (MSR), by definition, refer to a contractual agreement where the right, or rights, to service an existing mortgage are sold by the original lender to another party who, for a fee, performs the various functions required to service mortgages.
So, what can this mean for your credit union? During this webinar, we will provide an MSR 101 overview, how to run them and how to empower ALCO and board of directors to oversee the MSR risk.
What you will learn:
Dan Frilot, Senior Vice President, ALM Risk Management, Balance Sheet Solutions, LLC
With more than 20 years’ experience in the financial services industry, Dan is responsible for directing and managing the asset-liability management (ALM) Risk Management Services group for Balance Sheet Solutions. This business provides credit unions with comprehensive balance sheet risk assessment analysis, interest rate risk reporting and consulting, earnings and capital adequacy strategies, board/ALCO regulatory reporting and ALM-related education. Dan and his team are responsible for monitoring market conditions and trends that may adversely impact credit unions and their ALM risk profiles, while directing strategies and risk reporting solutions that help credit unions.
Les Parker, CMB, Senior Vice President Industry Relations & Consulting Services, LoanLogics
With mortgage banking experience that spans capital markets, servicing, operations, production and financial management, Les understands the relationship between capital markets and quality manufacturing, which is the foundation of the new highly regulated secondary market. Prior to joining LoanLogics, Les was president of Parker & Company, which was founded in February 1994 and acquired by LoanLogics in September 2013. His mortgage banking experience includes board director for a CMO conduit, advisory board member for a major bank, chief operating officer for a non-depository, interest rate risk manager, underwriting auditor, servicing and various production positions.
Connection webinars will be conducted on a regular basis throughout the year. To register for this upcoming event, please click here.
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