MBA Education Free Webinar: Mortgage Accounting II: Loan Level Accounting Sept. 18
MBA Education presents a free webinar, Mortgage Accounting II: Loan Level Accounting Register Now, on Wednesday, Sept. 18 from 2:00-3:30 p.m. ET.
Mortgage Accounting Series Summary
The Mortgage Accounting Series webinar series is presented in collaboration with MBA Education and Mortgage Banking Solutions, a consulting firm servicing the residential mortgage lending industry. Join us as well delve into the fundamentals and complexities of mortgage accounting. The completion of this series will provide you with the information necessary to master this form of accounting. Anyone who desires to increase their knowledge of mortgage loan accounting will benefit from this session that is designed for business owners, executive management, accountants, and non-CPA accounting managers.
This session presents the basics of full transaction based loan accounting that tracks all the revenue, expense, assets and liabilities associated with the closing and sale of a mortgage loan. The structure of accounting methods presented in this session is a requirement to comply with the reporting demands of the Nationwide Mortgage Licensing System Call Report.
Series Schedule
Part I, Drilling into Mortgage Accounting – 9/11/19
Part II, Loan Level Accounting – Essential For Survival – Wednesday, 9/18/19
Part III, Hedging For Accountants – Wednesday, 9/25/19
Part IV, Hedge Accounting and GAAP reporting – Wednesday, 10/9/19
Part V, Cash and Capital Preservation – Wednesday, 10/16/19
Objectives
Measurement and Productivity
Chart of Accounts – Foundation for Reporting
Document Flow for Loan Level Accounting
Journal Entry Basics: Loan Closing & Loan Sale
Data Source – Accuracy is Key
Documentation for Loan Closing/Funding & Loan Sale
Journal Entries Example: Loan Closing & Loan Sale
First Payments: FDCPA & CFPB
Reconcile the Balance Sheet
Month End Reports
Technology: Essential for Accurate Accounting
Financial Forecasting: Cash-Flow Predictability
Speakers
Andy Schell, Ph.D.. CPA, CMB, Managing Partner, Mortgage Banking Solutions
Theresa Marie, CIO & Managing Director, Strategic Technology & Operations, Mortgage Banking Solutions
Who Should Attend
Anyone who desires to increase their knowledge of mortgage loan accounting will benefit from this session that is designed for business owners, executive management, accountants, and non-CPA accounting managers.
To register, click https://www.mba.org/store/events/webinar/mortgage-accounting-ii-loan-level-accounting-x256566.
This webinar is complimentary to MBA Members, please use the promo code WEBINAR upon check out.
For Non-Members interested in purchasing and attending multiple webinars in the Mortgage Accounting series, please use the promo code GROUP15 to receive 15% off.
