Jan. 17: CMB Tech Committee Webinar Series–Optimizing Warehouse Expense

In this webinar warehousing experts from the Certified Mortgage Banker’s Technology Committee will discuss warehousing opportunities and challenges IMBs face (relative to depositories) and share their experiences in optimizing warehouse expense for lenders.

Panelists will focus on access to short term liquidity in the form of warehouse lines of credit and how critical this is for IMB’s. The relationship between an IMB and its warehouse lenders is arguably the IMB’s most important business relationship which often ranks as a top 3 or 4 non-payroll expense on the P&L. Warehouse interest expense can chew up profits unless you optimize multiple factors in your selection of warehouse lender and negotiate terms. Join the CMB Technology Committee for in depth discussion on the IMB and warehouse lender relationship and much more.

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Date/Time:

Wednesday, January 17 (12:00 PM – 1:00 PM ET)

Objectives:

Discuss the fundamentals of warehousing and what role does it play for mortgage bankers

Examine some of the best practices in leveraging warehouse lines

Identify common challenges with managing warehouse expenses and the solutions to help minimize them

Explore ideas on how a mortgage bank can optimize warehouse expenses

Experience Level:

Entry-Level

Intermediate

Target Audience:

All Real Estate Finance Professionals interested in learning more about optimizing warehouse expense

Managers and Executives engaged in warehouse business processes, origination, loan production, and technology

Speakers:

Moderator: Christy Moss, CMB, Chief Customer Officer, FormFree

Jon Rutila, CMB, Chief Revenue Officer, OptiFunder Corp.

Brenda Clem CMB, President, Brenda Clem Consulting

Martin Schroeter, President Warehouse Lending, Merchants Bank of Indiana