New Thinking for a New World

The 2013 CoreLogic Symposiums—free hosted half-day events—demystify our brave new world of slow-dance recovery and hip-hop regulation, exploring how attendees can adjust their moves to take the most profitable advantage of this unique and challenging reality.

Symposium presentations utilize the unequaled breadth and depth of CoreLogic data, analytics, and professional expertise to unravel current confusions and help you find the perfect moves. With housing and housing-based markets gradually recovering in an increasingly restructured marketplace, we are rethinking previous business maneuvers that may have worked in the past but are probably counterproductive now.

The 2013 CoreLogic Symposiums explore the possibilities unleashed by that rethinking.

2013 Symposium Agenda

 

Although the New York and Washington, D.C. Symposiums share the same agenda, each focuses on the views of that host city’s professionals. Divided into four sessions—plus a continental breakfast—the 2013 Symposiums feature seasoned experts supported by the very latest data and most sophisticated analytics:

8:00 a.m. - Registration and breakfast
8:30 a.m. - Housing is Recovering—Fingers Crossed…
Presentation by Dr. Mark Fleming, Chief Economist

2012 featured the strongest home price appreciation in six years, as housing finally became a tailwind—driving the overall economy the way it has after past recessions. But is current home price appreciation sustainable? What could derail it in 2013? Dr. Fleming discusses core economic developments that fueled past housing rebounds, how last year’s recovery is different than before—thanks to the dual roles played by negative equity—and why this recovery may prove to be more unpredictable and less robust than any in the past.
9:15 a.m. - Regulations and Opportunity—the Booming MSR Market
Presentation by Brett Benson, VP Advisory Services

With proposed Basel III regulations, banks and other regulated institutions need to rethink their MSR investment strategies—developing more real-time, realistic approaches to valuing MSRs. Investors buying MSR portfolios from institutions forced to rebalance MSR holdings in an immature market, however, might well see this as a unique acquisition opportunity. This presentation explores some of the risks and potential rewards surrounding the new MSR valuation and sales processes.
10:00 a.m. - Mid-morning break
10:15 a.m. - Navigating Secondary Markets in the Post-QM World
Panel moderated by Dave Hurt, VP Global Capital Markets

The Consumer Finance Protection Bureau has finally spoken and our industry now knows the definition of a qualified mortgage (QM). Later this year, the final piece of the non-agency securitization puzzle will be revealed—the qualified residential mortgage (QRM). But what does QM already tell us about the changing mortgage and securitization markets, the risks of non-QM production and securitization, and perhaps even the future of the GSEs? The panel looks at the new rules through the eyes of regulators, originators, issuers, and investors. (Panelists to be announced.)
11:15 a.m. - New Trends in Mortgage Analytics for Investors
Presentation by Michael Bradley, PhD, SVP Analytics

Michael Bradley explores the current state of mortgage modeling and analytics—from tools leveraging realtor-based MLS data to automated life-of-bond performance surveillance—and how it gives investors a game-changing improvement in the depth and availability of market-based investment information. Powering analysis of investment vehicles from RMBS bonds to REO-to-Rental aggregate portfolios, the new tools incorporate the latest thinking in home price modeling and prediction.
12:00 p.m. - Conclusion


 

2013 Symposium Session Leaders

 

Leaders of the four Symposium sessions:

Dr. Mark Fleming (“Housing is Recovering—Fingers Crossed….”)

Mark FlemingMark Fleming, PhD, CoreLogic chief economist, is responsible for our collateral risk, valuation cascade, and house-price index models. His research interests include real estate and urban economics, applied econometrics, and mortgage risk. Fleming’s timely, authoritative industry analyses are quoted frequently by trade and national media (e.g., Wall Street Journal, New York Times) and he appears regularly on national business news broadcasts (CNBC, CBS, NPR, Bloomberg, Fox).

 

 

Dave Hurt (“Navigating Secondary Markets in the Post-QM World”)

Dave HurtDave Hurt, VP Global Capital Markets, has more than 25 years mortgage banking and capital markets experience—speaking frequently at events for the Mortgage Bankers Association, American Securitization Forum, and Information Management Network. His broad industry background together with his business-logic and tech-development expertise uniquely enable Hurt to assess the industry’s new regulatory framework and suggest how to understand and navigate it successfully.

 

 

Brett Benson (“Regulations and Opportunity—the Booming MSR Market”)

Brett Benson Brett Benson, VP of Advisory Services, manages the CoreLogic advisory services group, specialists in creating and developing rapid growth solutions for mortgage banking and capital markets clients. Using an integrated collaborative process, the advisory group leverages robust CoreLogic resources and as-needed external resources to help companies address regulatory-management, operational-efficiency, and strategic risk management issues.

 

 

Michael Bradley, PhD (“New Trends in Mortgage Analytics for Investors”)

Michael Bradley Dr. Michael Bradley, SVP Modeling & Analytics, leads our decision-modeling and research groups, with responsibility for RiskModel®, AVMs, fraud models, collateral review tools, rental analytics, and the HPI® suite. His background includes leading collateral and risk management model-development teams at Citigroup® and Freddie Mac®, serving as an economist at the Federal Reserve and the Office of Thrift Supervision (OTS), and teaching economics at the University of Colorado.

New Thinking for a New World

 

Presentations made at the 2013 Symposium Series are available to registered attendees (plus local clients and prospects). A password is required to view the presentation files.

8:30 A.M.

Housing is Recovering—Fingers Crossed… 
Presented by Dr. Mark Fleming, Chief Economist

9:15 A.M.

Regulations and Opportunity—the Booming MSR Market 
Presented by Dillon Vestal and Tony Atkins, Advisory Solutions

10:15 A.M.

Navigating Secondary Markets in the Post-QM World
Dave Hurt, VP Global Capital Markets, leads a panel of experts on how QM—and QRM—will affect mortgage and securitization markets going forward. Panelists include:

  • Rob Gaither, SVP, PNC Mortgage (New York)
  • Andrew Miller, SVP, The PNC Financial Services Group (Washington, DC)
  • Eric Kaplan, Managing Director, Mortgage Finance, Shellpoint Partners
  • Chris Haspel, Senior Advisor, Consumer Financial Protection Bureau (CFPB)
  • Mark Hughes, VP, Due Diligence Solutions, CoreLogic

11:15 A.M.

New Trends in Mortgage Analytics for Investors 
Presented by Dr. Michael Bradley, SVP Modeling & Analytics

More Information
For more information about the CoreLogic Symposium Series, please contact us by email or by calling (415) 536-3500.