Call for Speakers for MBA Whole Loan Trading Workshop; Deadline Oct. 15

The Mortgage Bankers Association has issued a Call for Speakers for its upcoming Whole Loan Trading Workshop in Dallas; submission deadline is Oct. 15.  

MBA will host the one-day workshop on January 28 in Dallas, focused on the expanding market in whole loan trading. 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 has picked up markedly, while the scratch-and-dent market remains critical for lenders in managing repurchases. In a turbulent rate environment, the market for seasoned performing loans has also picked up, as many institutions work to optimize their asset-liability strategies.  

This workshop will feature expert speakers who are involved in buying and selling 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 GSE Rep & Warrant changes  

–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 mfratantoni@mba.org. Additional information regarding the agenda and location will be forthcoming.