Back to the Future—Reclaiming Our Inner Optimist
Boston Marriott Copley Place
110 Huntington Avenue
Boston, Massachusetts 02116 USA
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March 17th, 2011, 8:00 AM to 11:30 AM (Breakfast 8:00 to 8:30 AM)
Complimentary (no cost)
Registration for this event is now closed.
8:00 a.m. - 8:30 a.m. - Breakfast and Registration
8:30 a.m. - 9:15 a.m. - What to Expect As the Recession Recedes?
The economy is now officially in recovery—even if it rarely feels like it. Where it really feels uncertain, of course, is the housing market. As stimulus programs faded last year, housing seemed to fade as well. This year the economy is expected to continue to grow, but its growth will be constrained by new if unavoidable fiscal best tightening. In this environment, housing will face continued buffeting from foreclosures, negative equity, price declines, and scarce demand. Chief economist Mark Fleming dives deep into the numbers to explore the likely forecast: will housing rebound with the economy in 2011—or are we in for another disappointing year?
9:15 a.m. - 10:00 a.m. - Capital Markets Today
Will the agencies supply the only liquidity in 2011 or will private securitization reemerge? Wall Street/mortgage industry veteran Dave Hurt analyzes the continuing challenges facing market participants and explores how originators, servicers, traders, and investors can develop and utilize new strategies to improve their performance in 2011 (and probably 2012), no matter what happens. With the expertise and restraint of a long-term market observer, Hurt looks closely at the state of today’s primary and secondary markets—and shows how new assumptions, new approaches and new tools can produce intelligence that transforms your performance.
10:00 a.m. - 10:15 a.m. - Break
10:15 a.m. - 11:30 a.m. - Due Diligence, Advisory Solutions and Applications
Capitalizing on mortgage and securities opportunities requires not only identifying where risks are buried but executing on that analysis. Whether you’re trading in seasoned whole loans, bringing a new security to market or managing legacy assets, your risk management strategy should incorporate primary and active assessments of credit, compliance, collateral valuation, and fraud.
Given the disclosure, rep/warrant, and put-back exposures facing the non-agency RMBS industry, our team presents the results of a CoreLogic study into the likely collective impact of owner-occupancy, valuation, undisclosed debt, and related R&W issues. The group also outlines emerging due-diligence best practices and valuation tools for whole loans and securities in today’s environment and in readiness for an evolving residential mortgage/structured finance market.