Comprehensive Insights for Smarter Decisions

What is the evolving nature of risk?

As technology and content expands exponentially and at breakneck speed, once disparate industries and markets are becoming more and more interconnected. Disruption and innovation in the marketplace are forcing business leaders to move beyond historical boundaries to expand their view of properties to be prepared for what's next.

As property intelligence becomes increasingly granular, the opportunity emerges to dynamically manage valuation, risk and underwriting – and understand the true nature of risk and discovering actionable insights critical to powering your business forward.

RiskSummit 2016 is designed to equip you with ideas and insights that can be put to work in your business for more intelligent decision making. Sure to be the most diverse and stimulating RiskSummit yet, you will experience, along with your industry colleagues, a rich environment where some of today’s hottest market issues are tackled.

Plan to join us at the newly renovated Monarch Beach Resort in Dana Point, Calif, July 24-26, for two and a half days of enlightening perspectives, interactions and inspiration.

Event Highlights

      • CoreLogic RiskSummit 2016
      • July 24-26
      • Monarch Beach Resort 
      • Sunday, July 24
        • Arrivals; Solutions Sessions on Valuations, Risk Management, Underwriting and Market Intelligence; reception and dinner
      • Monday, July 25
        • Opening General Session; mid-year economic perspective; keynote speaker; more than 25 Industry Sessions, panels, advisory boards, roundtables and client councils with market-specific and topical experts; peer-to-peer networking activities; reception and dinner event
      • Tuesday, July 26
        • Continuing Industry Sessions; Closing General Session; lunch and departures
      • Last year, attended by more than 300 national and international participants

Our Speakers

Fresh perspective is vital to business success, and appreciating the financial, economic and political implications of those insights to the housing system is more critical than ever. This year's RiskSummit speakers will bring their unique perspectives to the stage, giving you the broadest view on risk ever.

Opening General Session Keynote Speaker: Michael Chertoff, former Secretary, U.S. Department of Homeland Security

Michael ChertoffMichael Chertoff is co-founder and executive chairman of The Chertoff Group, a security and risk management firm, where he provides high-level strategic counsel to corporate and government leaders on a broad range of security issues, from risk identification and prevention to preparedness, response and recovery.

As a former Secretary of the U.S. Department of Homeland Security, Mr. Chertoff strengthened our nation’s borders, provided intelligence analysis and infrastructure protection, increased the Department’s focus on preparedness ahead of disasters, and implemented enhanced security at airports and borders.

Closing General Session Keynote Speaker: Tim Pawlenty, former Governor of Minnesota

Tim PawlentyTim Pawlenty brings the perspective of a nationally-respected policymaker. He now serves as CEO of the Financial Services Roundtable, the leading advocacy organization that works to protect the security, integrity and success of our nation’s financial system. His recognition as one of the foremost thought leaders in the country brings peerless credibility to FSR and its members.

Governor Pawlenty is a leader with significant executive experience, having overseen a $50 billion biennial budget, led 30,000 state employees, and managed 20 individual state agencies and departments.

U.S. Housing Market: Evolving to a ‘New Normal’? – Dr. Frank Nothaft

Dr. Frank Nothaft, PhDThe home sales and rental markets have been on contrasting trajectories: house sales and construction are improving but remain far below levels of the pre-Boom-Bust period, while multifamily rental building is the most in 30 years. Frank will discuss economic and demographic forces that are shaping a ‘new normal’ level of activity in the housing and mortgage markets.

Dr. Frank Nothaft is senior vice president and chief economist for CoreLogic. Prior to CoreLogic, Dr. Nothaft was vice president and chief economist at Freddie Mac, and an economist with the Board of Governors of the Federal Reserve System. Dr. Nothaft holds a PhD in economics from Columbia University.

2016 RiskSummit - July 24 -26

A RiskSummit Like Never Before

As an essential annual retreat for mortgage industry leaders for nearly 30 years, RiskSummit 2016 will be a major leap forward for insights within the housing system, with an expanded range of presentations that address numerous critical solution areas, such as Valuations, Risk Management, Underwriting and Market Intelligence.

We will also provide sessions, with fresh and unique perspectives, devoted to the interest of a wider range of industry verticals such as Insurance and Spatial, Credit, Data Licensing, Rental Properties, International, Real Estate and more.

To learn more about this year's RiskSummit, please click on the links below.

RiskSummit 2016 Fees 

We strongly recommend you register as early as possible, as space is limited.

Registration $895; if you are interested in special client pricing please contact your account manager, sales executive or email us.

The registration fee includes admission to all sessions, Sunday evening reception and dinner, Monday breakfast and lunch, Monday afternoon networking activity, Monday evening reception and dinner event, Tuesday breakfast and lunch, refreshments and conference materials.

Monarch Beach Resort

RiskSummit 2016 is once again returning to this exclusive coastal resort. Since last year's event the resort has undergone a comprehensive $40 million renovation. This newly decorated coastal retreat awaits you, offering an exclusive private beach club, three swimming pools, one with fully-outfitted cabanas, the award-winning Miraval Life in Balance Spa, on-site championship Monarch Beach Golf Links, the Sandcastle Kids Club for our younger guests, and six award-winning, ocean-view restaurants.

Hotel and Travel 

RiskSummit Hotel Discount

The Monarch Beach Resort offers nightly rates for RiskSummit 2016 attendees from $295 to $525, considerably less than normal rates, available Sunday, July 24 - Tuesday, July 26.

  • Garden and Resort View Rooms: $295
  • Pool and Ocean View Rooms: $315
  • Studio Suites: $355
  • Monarch Pool View Suites: $525

To secure these rates, call the Monarch Beach Resort at (949) 234-3900 between 9:00 a.m. – 5:00 p.m. PDT (ask for the CoreLogic RiskSummit 2016 rate) or go to the hotel’s online booking page.

Airport-Hotel Transportation

Either make arrangements with the hotel to pick you up at the airport, or plan to catch a cab or van for the airport-to-hotel trip—travel distance depending on which airport you're coming from:

  • Orange County John Wayne Airport (SNA): 21 miles one way
  • Long Beach Airport (LGB): 40 miles one way
  • Los Angeles International Airport (LAX): 60 miles one way
  • San Diego International Airport (SAN): 68 miles one way

Air travel and hotel room are not included in the conference registration fee.

NOTE: Please direct any questions regarding making Monarch Beach Resort reservations to Yesenea Galeana, Group Reservation Coordinator, at 949.234.3816

Non-CoreLogic Partners, Vendors, Consultants 

Please note that all non-CoreLogic partners, vendors and consultants must have prior approval from CoreLogic in order to attend RiskSummit 2016. For consideration, please send us an email.

More Information 

To learn more about RiskSummit 2016, please contact us by email or by calling (510) 285-3979.

2016 RiskSummit - July 24 -26

Sunday, July 24 Schedule

We urge you to arrive early for this year's event to attend Sunday afternoon Solution Sessions—all designed to help you solve your business needs and problems, from your point of view.

Sunday’s sessions will feature additions, new developments and uses for our most sophisticated analytics and latest product solutions. Discover how the shift of data analytics from responsive to predictive risk management can now help you grow your business more proactively – and how to stay ahead of the pack.

Hosted by business and technical experts, these sessions will provide updates on innovations and product enhancements that address important current industry trends and needs. It is also a great opportunity to sit down with product specialists to get answers to your specific questions and to discuss your needs in-person with your account manager. What’s more, you may network with your peers and hear from other clients on their experience and perspectives. More information on sessions will be provided, including new panelists, so please check for updates periodically.

12:00 – 6:00 PM   •  Arrivals
•  Conference Registration
•  Hospitality
1:00 – 5:15 PM   Solutions Sessions
1:00 – 3:00 PM   Risk Management

Moderator:
•  Shaleen Khatod, Senior Vice President, Data Solutions, CoreLogic
1:00 – 2:00 PM   Real-Time Disaster Assessment and Response

When natural catastrophes strike, time is of the essence.  Assessing impact to a property portfolio and recovering from a natural disaster can often be a sluggish process—until now.  Come learn how real-time natural hazard event data and post-event imagery is changing how insurers, government agencies, lenders and capital market investors can assess impact to a property portfolio and mobilize to efficiently restore homeowners and businesses from financial catastrophe.

Presenters:
•  Dave Pedersen, Senior Vice President, Strategic Business Development, CoreLogic
•  Werner Kruck, Chief Operating Officer, Security First Insurance
•  Derek Rollo, Senior Credit Risk Manager, Risk Management - Mortgage, Citi
2:00 – 2:30 PM   Combining Traditional and Alternative Methods to Quantify Future Credit Events

CoreLogic provides superior insights to capital markets participants for various types of securities backed by mortgages, including the growing credit risk transfer market fueled by the GSEs. From traditional approaches that assess loan, borrower, and macro-economic risks, to alternative, cutting-edge methods which quantify an investment’s exposure to natural disasters, come learn how CoreLogic is able to provide unparalleled insights by bringing together the full range of our risk assessment capabilities.

Presenters:
•  Kent David, Director, Insurance and Spatial Solutions, CoreLogic
•  Liang Wei, Senior Director, Risk Modeling Analytics, CoreLogic
2:30 – 3:00 PM   Monitoring Lien and Ownership Risk

This presentation will yield insight into lien and ownership risk and address several dimensions of enhanced risk management techniques: When is it important to track and monitor liens and changes in ownership? How can this be done on an entire portfolio in a cost-effective manner, or how should you segment. How can you use data and analytics to make this cheaper and quicker within a process flow? Outside of servicing, where are other areas where this information is important and can be utilized?

Presenter:
•  Dillon Vestal, Vice President, Advisory Solutions, CoreLogic
1:00 – 3:00 PM   Underwriting

Moderator:
•  Kendra Rawls, Senior Vice President, Credit Services, CoreLogic
1:00 – 1:30 PM   Mortgage Underwriting Excellence

Today, the mortgage industry finds itself at a unique point in history. Origination costs are at historic highs, compliance and regulatory concerns drive many of our processes, underwriting timelines are increasing, and the borrower experience is suffering. Yet, we now have access to increasingly powerful data sets and predictive analytics, tools that have the potential to change mortgage underwriting forever. In this session, we will explore ways to effectively leverage these new and exciting integrated origination solutions to solve your immediate business challenges, gain comprehensive insights, and ultimately make smarter decisions.

Presenter:
•  Dillon Vestal, Vice President, Advisory Solutions, CoreLogic
1:30 – 2:00 PM   High Fidelity Mortgage Underwriting

According to data from the CFPB, consumer complaints surrounding escrow accounts, including property tax estimates, are one of the major sources of homeowner dissatisfaction with the origination process – and a potential compliance liability for lenders. In this session, we will explore an exciting new solution that leverages expanding data sets and predictive analytics to deliver property tax amounts at the pre-closing stages. If you are interested in increasing your underwriting efficiency, decreasing your servicing costs, and providing the borrower with a better experience, don’t miss this session.

Presenter:
•  Kirk Randlett, Vice President, Tax Service Operations, CoreLogic
2:00 – 2:30 PM   Mortgage Fraud Risk Management: Taking the Holistic View

Mortgage fraud risk management is evolving. Repurchase requests stemming from immaterial errors have been tempered by GSA Rep and Warrant Relief, but material fraud in mortgage applications is still a financial threat to lenders. As margins get tighter and customer service becomes a higher priority, lenders need to take a more holistic approach to their fraud management processes. In this session, CoreLogic fraud experts will take a closer look at the use of next-generation data sciences and predictive analytics to power your fraud risk management strategy as a comprehensive whole, demonstrating practical techniques that can increase your underwriting workflow efficiencies today.

Presenters:
•  Bridget Berg, Senior Director, Fraud Solutions, CoreLogic
•  Liang Tian, Principal Scientist, Credit Risk Analytics, CoreLogic
2:30 – 3:00 PM   Rising Waters: Leveraging the Latest Predictive Flood Models

The outcome of Superstorm Sandy (2008) included broad swaths of uninsured damage and disruption, impaired mortgages and warnings on Commercial Mortgage-Backed Securities (CMBS) payments - and all of these uncovered risks negatively impacted the recovery of the regional economy. Today, new models exist to accurately assess flood risk throughout the US - a necessary component of creating a rational and sustainable solution. Meet experts across CoreLogic as they discuss the compelling science behind the latest models for flood, the validation of these models versus real events and uses of these models for insurance screening, pricing and aggregate management as well as for individual mortgage and CMBS underwriting.

Presenters:
•  Howard Botts, PhD, Vice President, Insurance and Spatial Solutions, CoreLogic
•  Kent David, Director, Insurance and Spatial Solutions, CoreLogic
3:00 - 3:15 PM   Break
3:15 – 5:15 PM   Market Intelligence

Moderator:
•  Sam Khater, Vice President, Deputy Chief Economist, CoreLogic
3:15 – 4:15 PM   Equity Risk in Real Estate: Today’s Innovation, Tomorrow’s Solutions

Many firms have real estate equity risk, but to date there have been few financial tools available to manage that risk effectively. However, over the past 18 months a new segment of companies has emerged who provide a non-traditional approach to real estate finance and equity risk mitigation. Product development in this area has been driven by liquidity constraints, credit availability, regulatory pressures and rent-to-buy initiatives. This expert panel will introduce new risk management tools and their application for homeowners as well to securitized mortgage pools and bank stress testing.

Moderator:
•  Damien Weldon, Vice President, Business Development, CoreLogic


Presenters:
•  Jodie Gunzberg, Global Head of Commodities & Real Assets, S&P Dow Jones Indices

•  Kelly Haughton, CEO, Global Index Group
•  Nancy Pollard, COO, REMARQ
•  Jim Simpson, Managing Director, McLean Group
3:15 – 3:45 PM   Effect of Student Loan on Millennial Renter's Income, Creditworthiness and Affordability

The aggregate outstanding student loan debt has more than tripled over the past decade. It surpassed other forms of non-housing debt to become the largest source of consumer debt held by American households. In 2015, 47% of apartment renters of age 22 to 40 carried student loan debt. Powered by the CoreLogic renter screening solution, CoreLogic economists examined the effect of the increasing student loan debt on the Millennial renter’s income, creditworthiness and affordability. The presentation will cover the trend of percentage of renters having student loans, distribution of income, the income to rent ratio for applicants with and without student loan, and the correlation of student loan with the homeownership at the same age group.

Presenter:
•  Jianjun Xie, Director, Credit Risk Analytics, CoreLogic
3:45 – 4:15 PM   Residential Land Values and Home Price Bubbles

This session highlights the power of combining public records data and replacement cost data. In expensive housing markets, land makes up more than one-half of residential property value. However, land values are much more volatile than residential structure costs. This presentation highlights this new research, will demonstrate how changes in land values drive home price volatility and the formation of home price bubbles.

Presenter:
•  David Stiff, Principal Economist, Credit Risk Analytics, CoreLogic
4:15 – 5:15 PM   Achieving Performance Excellence Through Data and Technology Partnerships

Originators and servicers are challenged with increasingly complex compliance rules and efficiency requirements. Addressing these challenges using disparate methods often results in higher operating costs. In today’s mortgage environment, new strategies are emerging that incorporate the processes from multiple areas to help ensure optimal results. Attendees of this session will learn industry latest updates related to compliance, automation, technology and cost reduction processes across internal resources and external vendor partners.

Moderator:
•  Kevin Mullins, Vice President, Business Development, CoreLogic


Presenters:
•  Sapan Bafna, Vice President, Advanced Delivery Engines, CoreLogic
•  Joe Dombrowski, Director, Product Management, Fiserv Lending Solutions
•  Dominique Lalisse, Director, Product Management, CoreLogic
4:15 – 4:45 PM   Health of the Housing Markets in top MSAs

How healthy are your local housing markets? What can you do about the early signs? In this session CoreLogic will discuss the approaches to determine overvalued markets using the benchmarks of income and market rent, coupled with heightened fraud risk. The presentation will also address preemptive actions that can mitigate the risks leveraging several CoreLogic analytics solutions.

Presenter:
•  Mark Liu, Vice President, Modeling and Analytics, CoreLogic
4:45 – 5:15 PM   New Research from the Office of the Chief Economist

The Office of the Chief Economist dove into the Listings and public records data to develop new research this year covering the following topics: 1) Repeat Rent Index - We apply the methodology commonly used for creating repeat sales price indexes to rental listings data in the Multiple Listing Service to create a repeat rent index; 2) Boomerang Borrowers - How many borrowers that were foreclosed on in the housing crisis have come back into the market to buy homes?; 3)Housing Credit Index - Is credit tightening, and why; 4)Commercial Real Estate - Residential Real Estate is only part of the market. We identify commercial real estate loans to get a full picture of the market.

Presenter:
•  Sam Khater, Vice President, Deputy Chief Economist, CoreLogic
3:15 – 5:15 PM   Valuation

Moderator:
•  Susan Allen, Senior Vice President, Valuation Solutions Group, CoreLogic
3:15 – 3:45 PM   Property Valuations Reconstructed

The newly formed CoreLogic Valuation Solutions Group is poised to recast the property valuation process by fusing industry-leading appraisal management capabilities with seamless connectivity, data and analytics. Don’t miss this session as we introduce the Valuation Solutions Group and offer an exclusive first-look into our aspirational goal to modernize property valuation solutions.

Presenters:
•  Susan Allen, Senior Vice President, Valuation Solutions Group, CoreLogic
3:45 – 4:15 PM   Valuation Consortium Data – Transcending the Single Appraisal

The traditional methods for evaluating the quality of an appraisal, an appraisal management company (AMC), or the values assigned to a pool of loans can often lack a broad perspective, leading to poor risk decisions. This session will uncover how innovative organizations are leveraging consortium data to transform their decisions. Test your risk management skills with our hands-on exercise and learn how to look beyond traditional data sources to improve your decisions.

Presenters:
•  Susan Allen, Senior Vice President, Valuation Solutions Group, CoreLogic
•  Jacquie Doty, Vice President, Industry Solutions, CoreLogic
4:15 - 5:15 PM   Real Property Valuation: Reimagining the Future

Property valuation is complex and represents different things during the property lifecycle. In this session, we will take you through the lifecycle of a residential property and clarify the different meanings and data elements of market value, assessed value, replacement value and insurable value. Learn how each valuation is derived and how data variables can contribute to differing valuation results. Join us in examining use cases as we reimagine the utilization of new processes and data to improve valuation determination.

Presenters:
•  Norrine Brydon, Vice President, Research & Data, Insurance Services, CoreLogic
•  Jordan Petkovski, Senior Vice President and Chief Appraiser, Valuation Solutions Group, CoreLogic
7:00 – 9:30 PM   Welcome Reception and Dinner

•  Meet your peers, keynote speakers and panelists, and CoreLogic client representatives, subject matter experts and management

*Solution Sessions and Industry Sessions content in development; please return to this site periodically for updated information.

2016 RiskSummit - July 24 -26

Monday, July 25 Schedule

Be prepared for provocative discussions on immediate and transformational opportunities – the hallmark of RiskSummit General and Industry Sessions  as well as panels, client councils, roundtables and advisory boards. In addition to Mortgage, Capital Markets and Government, we have expanded this year's conference to include broadened Industry Sessions representing the range of housing industry verticals in which CoreLogic participates – including Credit, Insurance and Spatial, Data Licensing, Rental Property Solutions and International.

We are very pleased to host our keynote speaker, Michael Chertoff, co-founder and executive chairman of The Chertoff Group, a security and risk management firm, where he provides high-level strategic counsel to corporate and government leaders.

Shown below is a current agenda, which is subject to change. Please check back periodically for updates on session topics, descriptions and panelists.

7:00 AM – 12:30 PM   •  Conference Registration
•  Hospitality Desk
7:00 – 8:00 AM   Breakfast
8:00 – 10:00 AM   Opening General Session – David Martin, SVP, Global Head of Sales & Marketing

•  Welcome – Anand Nallathambi, President & CEO
•  What’s New at CoreLogic – Olumide Soroye, Managing Director, CoreLogic Information Services
•  Economic Perspective – Dr. Frank Nothaft, Chief Economist
•  Keynote Speaker – Michael Chertoff, Executive Chairman and Co-Founder, The Chertoff Group; former Homeland Security Secretary
10:00 – 10:10 AM   Break
10:10 – 12:00 PM   Industry Sessions 1-2

Suggested session keys follow each session title. These are for guidance only; conference guests are welcome to attend any Industry Session.
  • CM: Capital Markets
  • M: Mortgage
  • G: Government
  • I: Insurance
  • RP: Rental Property
10:10 – 11:00 AM   Industry Sessions 1

Let's Hear It from the Researchers (CM, M, G, I)
In this perennial favorite, top Wall Street and housing analysts draw on the latest research and market trends to mount a spirited roundtable discussion of what's happening in the market now—and what they expect to see happening as new regulations, new players, new strategies, and new political landscapes emerge.

Moderator
• Sam Khater, Vice President and Deputy Chief Economist, CoreLogic

Panelists
•   David Berson, Senior Vice President & Chief Economist, Nationwide Insurance
•   Chris Flanagan, Managing Director, Head of US Mortgage & Structured Finance Research, Bank of America Merrill Lynch Global Research
•   Laurie Goodman, Center Director, Housing Finance Policy Center, Urban Institute
•   Christopher Whalen, Senior Managing Director, Kroll Bond Rating Agency, Inc.

Is TRIDlock the New Worst Traffic Jam? (CM, M, G)
The real estate ecosystem is still trying to understand the real impact and potential penalties of TRID housing regulatory requirements. How is the market reacting to the real impact on the borrower, the real estate broker, settlement services and the lender? With this complex and sometimes overlapping regulation which faces all parties in the real estate transaction, we bring together a panel of experts to discuss the real impact of these new requirements and the investment of people and technology required to stay compliant.

Moderator
•  Stephen Ornstein, Partner, Alston & Bird

Panelist
•  Pete Carroll, Executive Vice President, Mortgage Policy & Counterparty Relations, Quicken Loans
•  Andrew Pollack, Senior Managing Director, Clayton Holdings, LLC
•  John Vong, Co-founder & President, ComplianceEase
•  A. Dennis Zehnle, Chief Operating Officer, Mission Global, LLC

Strategic Update: Making Property As Easy As Auto™ (I)
Hear about the latest progress in our quest to help the industry Get the Whole Story of property risk from Point to Portfolio. We’re advancing our science, product and M&A initiatives to deliver solutions that will help you drive innovation, improve competitive position and automate processes. Learn what we’ve accomplished in the last year, get an insider’s view into what is coming soon and join the conversation about how we can transform our industry together!

Presenter
•  Steve Brewer, Senior Vice President, Insurance & Spatial Solutions, CoreLogic

Analytics and the Power of Insights (RP)
Learn how the powerful combination of identity verification and analytics can help you gain valuable insights to minimize risk, increase enhanced decisions and drive exceptional business results. This group of presenters will discuss the best ways for landlords and operators to manage rental properties by utilizing credit scoring and decision point optimization, coupled with forward-looking analysis on vacancy rate and rent amount trend at CBSA levels.

Moderator
•  Dave Diehl, Vice President, Analytics, CoreLogic

Presenters
•  Garient Evans, Vice President, Client Services, ID Analytics
•  Mark Lui, Ph.D., Vice President, Modeling & Analytics, CoreLogic
•  Jianjun Xie, Ph.D., Director, Analytics, CoreLogic
11:00 – 11:10 AM   Break
11:10 – 12:00 PM   Industry Sessions 2

Let's Hear It from the Traders (CM, M)
Another must hear panel of well-known trading floor movers and shakers engaged in another free-wheeling, frank discussion sharing their views about what's happening right now in the market. This panel will provide insights into best execution strategies; markets, and products to focus on in 2016 and beyond, and life under a regulatory blanket that constricts what many believe are untouched or unavailable opportunities.

Moderator
•  Garry Cipponeri, President, TradeRoom Capital, LLC

Panelists
•  Michael Dubeck, President & Chief Executive Officer, Planet Mortgage
•  Vandy Fartaj, Chief Capital Markets Officer, PennyMac Financial Services Inc.
•  Dave Reedy, Senior Vice President, Head of Whole Loan Trading, Ranieri Partners Management LLC
•  Vanessa Resnick, Director, Whole Loan Trading, Credit Suisse

Risk Modeling—Can New Analytic Approaches Have Meaningful Impact on Valuation? (CM, M, G)
As we continue to face a smaller mortgage marketplace than in recent years, we are seeing new demands fueled by diverse demographics and expanded credit criteria. Our panel of modeling experts will discuss the latest approaches to leverage comprehensive data and cutting-edge analytics to expand the credit envelope while minimizing impact on asset valuation.

Moderator
•  Michael Saccento, Senior Director, Capital Markets and Mortgage, CoreLogic

Panelists
•  Michael Bradley, SVP, Single-Family, Modeling, Econometrics, Data Science, and Analytics, Freddie Mac
•  Ralph DeFranco, Global Chief Economist, Mortgage Group, Arch Capital Services
•  Naa Awaa Tagoe, Senior Associate Director, Federal Housing Finance Agency
•  Ben Walker, Managing Director, Aon Benfield Analytics

When Close Enough isn’t Good Enough (CM, M, I)
In today’s world, location intelligence is utilized in almost every aspect of business, including property insurance. We are evolving the geocoding landscape to enable risk assessment beyond just the address and the parcel and now providing even more insight to the actual structures we insure. Information on addresses and parcels help but can often leave significant exposure lurking in a schedule of values or overall book of business. Come learn how structure footprint geocoding and hazard assessment will eliminate close enough from your everyday underwriting, pricing and risk management decisions.

Presenter
•  Matt Karli, Senior Manager, Product Management, CoreLogic

Macroeconomic Trends of the Rental Market (RP)
CoreLogic Chief Economist Frank Nothaft will present on macroeconomic trends in the rental market including scores, applicant acceptance rates, income, age, rent tiers, student debt, mortgage debt, supply & demand, millennials, owners to renters, new construction, and rent growth among rental applicants for both single family and multifamily rentals.

Presenter
•  Frank Nothaft, Ph.D., Senior Vice President & Chief Economist, CoreLogic
12:00 PM – 1:00 PM   Lunch 
1:00 – 6:00 PM   Networking Activities — [select during conference registration]
6:00 – 7:00 PM   Break
7:00 – 10:00 PM   Reception and “Monte Carlo Night” Dinner Event

*Solution Sessions and Industry Sessions content in development; please return to this site periodically for updated information.

2016 RiskSummit - July 24 -26

Tuesday, July 26 Schedule

We will continue the conference with the remaining Industry Sessions, which represent a wide range of housing industry topics.

Be sure to stay for a lively interview with our very special guest and Closing General Session keynote speaker – Tim Pawlenty, a former two-term Governor of Minnesota and currently CEO of the Financial Services Roundtable. FSR is an advocacy organization which represents leading financial service companies in their efforts to protect the security, integrity and success of our nation’s financial system.

We will conclude with our RiskSummit 2016 wrap-up and closing remarks.

Shown below is the current agenda, subject to change. Please check back periodically for updates on session topics, descriptions and panelists.

7:00 – 1:00 PM   •  Conference Registration
•  Hospitality Desk
7:00 – 8:00 AM   Breakfast
8:10 – 11:00 AM   Industry Sessions 3-5

Suggested session keys follow each session title. These are for guidance only; conference guests are welcome to attend any Industry Session.
  • CM: Capital Markets
  • M: Mortgage
  • G: Government
  • I: Insurance
  • RP: Rental Property
8:10 – 9:00 AM   Industry Sessions 3

Credit Risk TransferCovering Your Front and Back End (CM, M, G)
This panel will provide views on how enhanced data and analytics can impact business decisions around front and back end exposure for lenders and investors, including credit risk transfers, STACR and CASS requirements, and their impact on cash flows and tenure on the life and value of the loan asset, the impact of GSE fees, reps and warrants and more. Increases in fraud, under and over-valued markets and subsequent liens risks provide warning signs not only for traditional and non-bank lenders, but also insurers and reinsurers.

Moderators
•  Andrew Davidson, President, Andrew Davidson & Co.
•  Faith Schwartz, Principal, Housing Finance Strategies

Panelists
•  Ken Bjurstrom, Principal, Financial Consultant,Milliman
•  Vandy Fartaj, Chief Capital Markets Officer, PennyMac Financial Services Inc.
•  Joe Monaghan, Executive Managing Director, Aon Benfield, Inc.
•  Kevin Palmer, Senior Vice President, Credit Risk Transfer, Freddie Mac
•  Rob Schaefer, Vice President - Credit Enhancement Strategy & Management, FannieMae

Asset Improvement and Disposition— Hold, Rent, or Exit? (CM, M, G)
Foreclosures continue to drop nationally—with regional exceptions—but NPL sales are still strong. While housing price appreciation and strong rental markets have resulted in strong book value and cash flows, what is the best strategy in today’s market to grow margins? Our panel discusses current foreclosure, REO-to-Rental, whole loan, and securitized pool-optimized strategies in today’s market.

Moderator
•  Mimi Grotto, Executive Vice President, Mission Global, LLC

Panelists
•  Randy Appleyard, Director, Portfolio Manager, BlackRock Solutions
•  Jim Fratangelo, Managing Director, Avail Holding LLC
•  Wes Iseley, Senior Managing Director, Carrington Mortgage Holdings
•  Adama Kah, Vice President, Loan Portfolio Management & Structuring, Freddie Mac
•  Dave Wells, Senior Capital Markets Specialist, FDIC

Going Head to Head with Mother Nature (I)
Given the dynamic weather conditions and climate change in the U.S. and worldwide, it’s critical for insurers to have the right tools to make accurate underwriting, actuarial and claims modeling decisions. Through scientific insights, we will discuss methods to more accurately determine risk location with highly granular hazard risk models. Hear the latest in the emerging science of weather forensics including:
  • How weather radar can be used to determine highly accurate damaging hail footprints for use in claims and underwriting
  • Advancements in our ability to now produce hazard footprints, and damage areas for wind and tornado
  • The latest science and analytics planned for our catastrophe risk models for flood and earthquakes
Dr. Botts will share the latest innovative solutions in our quest to fully assess property risk for every point on the earth.

Presenter
•  Howard Botts, Vice President, Chief Scientist - Property Intelligence, CoreLogic

Disruption in the Single Family Rental Market (RP)
A panel of qualified industry experts will discuss the staying power of single family and single family rental firms in the Multifamily industry (Toll, Lennar, American Homes for Rent and recent Amer Residential acquisition), and the response from traditional multifamily property management companies. The market continues to fragment…is the threat real?

Moderator
•  TBD

Panelists
•  Bob Farnan, Director of Operations, Broadtree Home Rentals
9:00 – 9:10 AM   Break
9:10 – 10:00 AM   Industry Sessions 4

Is It Time to Revisit the Credit Envelope? (CM, M, G)
The evolving demographics of potential buyers now includes boomerang buyers, Millennials and first-time homebuyers— do these present opportunities to view QM/non-QM through a different lens? Are credit scores, DTI, still the right end-all decisioning tools? Or, given regulatory oversight and market conditions, is it time to look beyond these guidelines to identify opportunity? This panel will discuss current trends in origination and identify new potential approaches to understanding what opportunity lies within the credit envelope.

Moderator
•  Toni Moss, Chief Executive Officer, AmeriCatalyst LLC/EuroCatalyst BV

Panelists
•  Ashish Negandhi, Senior Portfolio Manager, Angel Oak Capital Advisors
•  Janet Parker, SVP, Risk Management, Arch Mortgage Insurance Company
•  Marianne Sullivan, SVP, Single-Family Business Solutions, Fannie Mae
•  Karl Weiss, SVP, Residential Capital Markets, Redwood Trust
•  Jason Williams, Managing Director, U.S. Principal Acquisition and Specialty Finance, Credigy

MBS Secondary Markets: Finding the New Normal (CM, M, G)
This panel will focus on the major secondary market developments in the post-crisis period, and what we can expect going forward. Topics to be addressed include: What explains the increased role of Ginnie Mae? What are the implications of the rapid growth of the non-bank originators? What can be done to improve liquidity in credit risk transfer securities, currently the major vehicle to bring private capital into the mortgage market? What’s new with the Common Securitization Platform and the single security? What changes have we seen in the investor base? How do foreign investors perceive the US MBS market? What types of deals are getting done in the largely stagnant PLS market? What will it take to re-ignite this market?

Moderator
•  Laurie Goodman, Center Director - Housing Finance Policy Center, Urban Institute

Panelist
•  Mark Hanson, Senior Vice President - Securitization, Freddie Mac
•  Eric Kaplan, Managing Partner – Structured Finance, Ranieri Strategies
•  Renee Schultz, Senior Vice President, Capital Markets, FannieMae
•  Theodore Tozer, President, Ginnie Mae

Complete. Current. Connected - The Art of Transforming a Location Into a Story (I)
Capture the power of converting a variety of sources of data into an interactive visual experience that can truly change how we assess risk. Take a guided tour of the Visual Property Record, showcasing all aspects of the history of a home, building or structure: Location, Building, Occupants, Financial Conditions, and Environmental Hazards. From Point to Portfolio, our breadth and history of data assets allow customers access to all the information about a property—information you need to not only sell better solutions, but also to manage and distribute risk more effectively while creating a new consumer experience.

Presenter
•  Neil Pearson, Vice President, Geo-referenced Data Strategy, CoreLogic

Multifamily Expert Presentation (RP)
Effective demand generation, proactive demand management, accurate demand forecasting and optimal rent setting strategies are fundamental to revenue growth for multifamily housing stakeholders. Devin Merill from The Rainmaker Group will provide valuable analytics and insights for revenue management, leasing performance management and internet listing services (ILS).

Presenter
•  Devin Merrill, Vice President, Data Analytics, The Rainmaker Group
10:00 – 10:10 AM   Break
10:10 – 11:00 AM   Industry Sessions 5

Home Price Dynamics: Déjà vu or Full Speed Ahead? (CM, M, G)
While the impact of the housing price swoon has recovered on a national basis, many geographic markets still lag and may take up to five years to fully recoup. Are our collective short term memories of the housing meltdown and financial crisis already becoming selective? Is consumer opinion in certain markets along with growing real estate exuberance potentially setting us up again for a larger than expected correction? This expert panel will evaluate market forces impacting home price factors of household formation, buy vs. rent analytics, and other critical production data to formulate their opinions on the current market and what’s likely to happen in the second half of 2016 and beyond.

Moderator
•  Frank Nothaft, Senior Vice President & Chief Economist, CoreLogic

Panelists
•  David Berson, Senior Vice President & Chief Economist, Nationwide Insurance
•  Chris Flanagan, Managing Director, Head of US Mortgage & Structured Finance Research, Bank of America Merrill Lynch Global Research
•  Yanling Mayer, Director of Research, FNC 

MSRs—Still in the Mix (CM, M, G)
The unlikely ongoing activity in servicing ownership and concentration may surprise some who thought the hey day for the predicted global shift is over. What is the driving force that keeps MSRs top of mind? Join our expert panel representing banks, non-banks, hedge funds and REIT players in dissecting the current MSR market—Is balance sheet risk the real driver? Do current multiples being paid still offer great opportunities for smart investors? What are the drivers in retention vs. sell decisions? Are new capital requirements from investors driving much of the MSR movement? What role should analytics play in measuring and/or managing duration and valuation risk? How should you view valuation, hidden risks, and prepayment propensities?

Moderators
•  Catherine Castle, Senior Consultant, CoreLogic Advisory Services Group, CoreLogic
•  Chris Haspel, Director, Promontory Financial Group, LLC

Panelists
•  Michael Dubeck, President & CEO, Planet Mortgage
•  Phil Laren, Director, MSR Services, MCT Trading
•  Michael Lau, Chief Executive Officer, Pingora Asset Management
•  Graham Williams, Chief Executive Officer, Amherst Mortgage Banking Services

Game Changing Innovation (I)
In this session you will learn of our progress against our innovation initiatives and the value we see bringing to the insurance marketplace in 2016 and beyond.
  • Last year we introduced the concept of “portfolio monitoring” utilizing our weather verification science to help our clients fully understand and verify where severe weather related activities occurred. This year, we introduced our newest platform, Reactor, which brings portfolio monitoring to life. We are excited to now extend that overall vision to now include real time post disaster imagery and related tools, to help insurers become the most prepared to understanding the situation on the ground, virtually.
  • This year we are also significantly expanding our presence across the roofing ecosystem, and joining key roofing distributors and contractor networks. With these key agreements in place, CoreLogic is enhancing our current Roof Condition Solutions and analytics by combining the key assets, relationships and strengths the roofing industry maintains along with access into the vast CoreLogic datasets that can now speed up the time to market in roof repair. Can we accelerate this effort even more with the creation of a roof condition data consortium working across our insurance and banking industry client partners?
  • Connected Home and Insurance – Why do insurance companies care? What are insurance companies doing? How is CoreLogic getting involved?
Presenter
•  David Pedersen, Senior Vice President, Strategic Business Development Insurance Services, CoreLogic

What Millennials Want (RP)
The aging of millennials will have a major impact on rental trends over the next 5-10 years. A panel will address what they will be looking for, how clients have prepared for continued growth, and the outlook for the future. What will they be looking for, and how have clients prepared for the continued growth?

Panelists
•  Liang Tian, Principal Scientist, Credit Risk Analytics, CoreLogic
11:00 – 11:10 AM   Break
11:10 AM – 12:15 PM   Closing General Session

•  Keynote Speaker – Tim Pawlenty, CEO, Financial Services Roundtable; former Governor of Minnesota
•  Closing Remarks – David Martin, SVP, Global Head of Sales and Marketing
12:15 – 1:00 PM   Lunch—Stay for lunch, or take-out
12:15 – 1:00 PM   •  Conference Concludes
•  Departures

*Solution Sessions and Industry Sessions content in development; please return to this site periodically for updated information.

2016 RiskSummit - July 24 -26