Call for Speakers: MBA Whole Loan Trading Workshop

The Mortgage Bankers Association will host a one-day workshop on November 10 in Phoenix focused on the expanding market in whole loan trading. MBA has issued a Call for Speakers for this workshop with an Aug. 15 deadline.

Many community banks and other portfolio investors have become active buyers of whole loan mortgages on a flow or bulk basis. Key drivers of this trend include high credit pricing charged by the agencies, particularly for so-called “niche” products, such as co-ops, non-warrantable condos, etc.

Additionally, the market for non-performing and re-performing loans, particularly for TRID loans, has picked up markedly, while the scratch and dent market remains critical for lenders in managing repurchases. Aditionally, with expectations of risking rates, the market for seasoned performing loans has also picked up as many institutions work to optimize their asset-liability strategy.

This workshop will feature expert speakers who are involved in the buying and selling of whole loans, as well as those engaged in servicing transactions coupled with these trades.

Panel topics will include:
–Opportunities in the traditional correspondent market
–The growing market for NPLs and RPLs
–An overview of the market for seasoned performing loans
–A discussion of the scratch-and-dent market, especially in light of TRID challenges
–Effective techniques for bridging the ‘cultural expectations’ between community banks and independent mortgage bankers.
–Examples of successful whole loan transactions between independent mortgage bankers and depositories.
–Identifying and developing successful counterparties for bulk and flow transactions.

Interested speakers should contact Mike Fratantoni at Deadline for submissions is Aug. 15. Additional information regarding the agenda and location will be forthcoming.