MBA Education Understanding Mystery of Secondary Marketing Nov. 4, 18

MBA Education, the education arm of the Mortgage Bankers Association, presents a two-part webinar series, Understanding the Mystery of Secondary Marketing, on Nov. 4 and Nov. 18.  

Part I takes place on Wednesday, Nov. 4, from 2:00-3:30 p.m. ET. This webinar will provide participants a detailed overview of the mystery of secondary marketing, providing investor funds and relationships for independent mortgage bankers. Part I of this two-part webinar covers the “who and how” of secondary, becoming a seller servicer and methods of sale and pricing. Part II covers hedging a pipeline and other available tools.  

The following questions regarding secondary marketing will be answered:  

–What is Secondary and why is it necessary?

–Who are major investors in the market, GSE and Private Label

–What are minimum qualifications to become a FNMA/FRE/GNMA Seller

–What are basic commitment terms, components of a Master Commitment

–How does pricing work

–How to obtain best execution and address service released issues  

Presenter

Griff Straw, CMB. Principal, Griff Straw, CMB, LLC; MBA Master Faculty, Faculty Fellow  

Who Should Attend

Employees of mortgage banking companies who may not be directly involved in the secondary marketing process but who wish to understand this component of the mortgage banking industry; and employees who need/want a better understanding of the pricing process and strategies.  

To register, visit https://www.mba.org/store/events/webinar/understanding-the-mystery-of-secondary-marketing-part-i. Online registration ends at noon ET on November 4; phone registrations (800-793-6222) will continue until 1:00 p.m. ET the day of the event.  

Part II takes place Wednesday, November 18, from 2:00-3:30 p.m. ET. This webinar covers hedging a pipeline and other available tools.  

The following questions regarding secondary marketing will be answered during this webinar:  

–Risk Management–hedging a pipeline, strategy

–Best Execution–what are the alternatives?

–In-House Economist, daily pricing meeting with senior management

–Solving problems with closed loans

–Dealing with Repurchases  

Presenter

Griff Straw, CMB. Principal, Griff Straw, CMB, LLC; MBA Master Faculty, Faculty Fellow  

Who Should Attend

Employees of mortgage banking companies who may not be directly involved in the secondary marketing process but who wish to understand this component of the mortgage banking industry; and employees who need/want a better understanding of the pricing process and strategies.  

To register, click https://www.mba.org/store/events/webinar/understanding-the-mystery-of-secondary-marketing-part-ii. Online registration ends at noon ET on November 18; phone registrations (800-793-6222) will continue until 1:00 p.m. ET the day of the event.  

Sign up for both webinars concurrently and receive a 15 percent discount. Call 800-793-6222 or email education@mba.org to receive the discount.  

For more information about MBA Education events, visit www.mbaeducation.org