Download Editable Agenda - Mortgage Bankers Association

National Secondary Market Conference & Expo
May 15 to 18, 2016
Saturday, May 14, 2016
10:00 AM - 1:00 PM
CMB Exams (By Invitation Only)
Location: Odets, 4th Floor
Sunday, May 15, 2016
9:00 AM - 7:00 PM
2:00 PM - 3:30 PM
3:00 PM - 5:00 PM
4:00 PM - 5:15 PM
Registration
Location: 45th St. Registration Desk, 5th Floor
Secondary and Capital Market Committee Meeting (Open to MBA
Members; Closed to Press)
Location: Empire Complex, 7th Floor
Press Room (Credentialed Media Only)
Location: Lyceum/Carnegie, 5th Floor
Executives' Perspectives on the Secondary Mortgage Market
Location: Broadway Ballroom, 6th Floor
Hear key industry leaders share their perspectives on the current
challenges and opportunities of the secondary mortgage market today.
5:30 PM - 7:00 PM
Speakers
Bill Emerson, 2016 MBA Chairman, Chief Executive Officer, Quicken
Loans, Inc.
Thomas F. Esposito, Group Vice President, M&T Bank Corporation
William Godfrey, Executive Vice President, Capital Markets,
Mason-McDuffie Mortgage
Stanley C. Middleman, President and Chief Executive Officer, Freedom
Mortgage Corporation
Smriti L. Popenoe, Executive Vice President and Co-Chief Investment
Officer, Dynex Capital, Inc.
Thomas L. Wind, President, U.S. Bank Home Mortgage
Opening Reception in THE HUB "Take the A Train"
Location: Westside Ballroom, 5th Floor
Monday, May 16, 2016
7:30 AM - 4:30 PM
8:00 AM - 5:00 PM
8:00 AM - 8:30 AM
8:30 AM - 10:00 AM
Registration
Location: 45th St. Registration Desk, 5th Floor
Press Room (Credentialed Media Only)
Location: Lyceum/Carnegie, 5th Floor
Continental Breakfast
Location: Broadway Ballroom Foyer, 6th Floor
Opening General Session: Point-Counterpoint with David Axelrod and
Laura Ingraham
Location: Broadway Ballroom, 6th Floor
The 2016 presidential race is in full swing, and campaigns are in high
gear. Join us as MBA’s President and Chief Executive Officer, David H.
Stevens, hosts a lively conversation with political experts David Axelrod
and Laura Ingraham. Get their unique and informed insights on the 2016
election and politics in Washington.
10:00 AM - 4:00 PM
10:00 AM - 10:30 AM
10:00 AM - 4:00 PM
10:00 AM - 10:30 AM
10:30 AM - 11:30 AM
Speakers
David Axelrod, Director, University of Chicago, Institute of Politics; Senior
Political Commentator, CNN, 2012 Obama Re-Election Campaign and
Senior Advisor to President Barack Obama (2009-2011)
Laura Ingraham, Conservative Political Analyst; Fox News Contributor;
New York Times Best-Selling Author, Host, The Laura Ingraham Radio
Show
Jay Lown, Executive Vice President, Freedom Mortgage Coporation
David H. Stevens, CMB, President and Chief Executive Officer, Mortgage
Bankers Association
THE HUB is Open
Location: Westside Ballroom, 5th Floor
Refreshment Break in THE HUB
Location: Westside Ballroom, 5th Floor
COFFEE SPOT in THE HUB
Location: Westside Ballroom, 5th Floor
Q&A with David Axelrod & Laura Ingraham in THE MEETING SPOT
Location: Westside Ballroom, 5th Floor
General Session: A Conversation with GSE Leadership
Location: Broadway Ballroom, 6th Floor
Attend this session to hear directly from the enterprise leaders in an
interactive discussion on current industry hot topics.
11:30 AM - 12:15 PM
Speakers
Andrew Bon Salle, Executive Vice President, Single Family Business,
Fannie Mae
Bill Emerson, 2016 MBA Chairman, Chief Executive Officer, Quicken
Loans, Inc.
David Lowman, Executive Vice President, Single Family Business, Freddie
Mac
General Session: Strategies for Ginnie Mae Issuers
Location: Broadway Ballroom, 6th Floor
After introductory remarks from Ginnie Mae’s President, Ted Tozer, join
us for a peer-led discussion of the operational nuances in pooling and
issuing Ginnie Mae bonds, including selecting and working with
broker-dealers, and strategies for preserving the bonds’ value in the
market.
12:00 PM - 1:00 PM
12:30 PM - 1:30 PM
12:30 PM - 1:30 PM
1:30 PM - 2:30 PM
Speakers
Cameron Beane, Secondary Market Director, EverBank
Albert P. Blank, Senior Vice President, Business Development, Union
Home Mortgage
Michael R. Drayne, Senior Vice President, Issuer and Portfolio
Management, Ginnie Mae
Steve O'Connor, Senior Vice President, Public Policy and Industry
Relations, Mortgage Bankers Association
The Honorable Theodore Tozer, President, Ginnie Mae
Lunch in THE HUB
Location: Westside Ballroom, 5th Floor
New Member Lunch (By Invitation Only)
Location: Astor Ballroom, 7th Floor
Press Lunch (Credentialed Media Only)
Location: Music Box/Winter Garden, 6th Floor
General Session: Update on the Single Security & Common
Securitization Platform
Location: Broadway Ballroom, 6th Floor
The common securitization platform and single security are key
transition steps that are developing the foundation of the future housing
finance system. As the anticipated roll-out of these initiatives draws
nearer, market participants should be sure to understand the changes
and their expected impact on day-to-day activities. Hear from industry
experts as they discuss these two initiatives, their development status,
and expected impact on the market.
2:15 PM - 4:00 PM
Speakers
David M. Applegate, Chief Executive Officer, Common Securitization
Solutions, LLC
David Battany, Executive Vice President, Capital Markets, Guild
Mortgage Company
Garry Cipponeri, Chief Executive Officer, TradeRoom Capital
Robert Fishman, Senior Associate Director, Office of Strategic Initiatives,
Federal Housing Finance Agency (FHFA)
Mark D. Hanson, Senior Vice President, Securitization, Freddie Mac
Renee R. Schultz, Senior Vice President, Capital Markets and Single
Family Business, Fannie Mae
Mets Legend, Keith Hernandez, in THE HUB
Location: Westside Ballroom, 5th Floor
Meet Mets Legend Keith Hernandez. He will answer your questions from
2:15 p.m. - 3:00 p.m. and then do a Meet-and-Greet and ball signing
from 3:00 p.m. - 4:00 p.m.
2:30 PM - 2:45 PM
2:45 PM - 4:00 PM
Refreshment Break in THE HUB
Location: Westside Ballroom, 5th Floor
Preserving Access to Credit
Location: Empire Complex, 7th Floor
Seasoned industry experts analyze recent regulatory changes and their
impacton access to credit moving forward. Discuss the challenges lenders
face withcertain borrower segments and the underserved, including first
time homebuyers,those with thin credit files, those with repaired credit,
credit invisibles and“boomerang borrowers” re-entering the market after
foreclosure. Leave withstrategies to use when balancing credit risk,
access to credit and homeownership.
2:45 PM - 4:00 PM
Speakers
Nathan Burch, President, McLean Mortgage Corporation
Marisa Calderon, Executive Director, The National Association of Hispanic
Real Estate Professionals - NAHREP
Danny Gardner, Vice President, Affordable Lending Access to Credit,
Freddie Mac
Anne Segrest McCulloch, Senior Vice President, Credit and Housing
Access, Fannie Mae
Matthew Nichols, Managing Partner, Deephaven Mortgage
Faith Schwartz, Senior Vice President, Government Affairs, CoreLogic
Best Execution Strategies
Location: Soho Complex, 7th Floor
Execution is the dominant driver in turning sound strategies
intoconsistent, profitable business for a company. Hear from a panel
ofindustry experts on how to convert dynamic pricing models into
bestexecution strategies. Learn how to securely migrate from best efforts
tomandatory execution, incorporate origination and hedging costs,
andmaximize the GSE buy-up / buy-down grids and pair-off
opportunities.
3:00 PM - 4:00 PM
Speakers
Russell Brady, Vice President, Secondary Markets, Elevations Credit
Union
Robert Branthover, Managing Director, Secondary Solutions Group,
Mortgage Industry Advisory Corporation - MIAC
Christopher J. Cusack, Senior Vice President, Capital Markets, George
Mason Mortgage, LLC a Subsidiary of Cardinal Bank
Daniel McPheeters, Associate Director, Mortgage Bankers Association
Steven J. Robertson, Principal, Consumer Finance Group, PwC
MBA Advocacy Reception (Current “Active” MAA Members Only,
Sign-up at the Door)
4:00 PM - 5:00 PM
Location: Broadway Lounge Patio, 8th Floor
Networking Reception in the Broadway Lounge
Location: 8th Floor
Tuesday, May 17, 2016
8:00 AM - 4:00 PM
8:00 AM - 9:00 AM
8:30 AM - 9:00 AM
9:00 AM - 10:30 AM
Registration
Location: 45th St. Registration Desk, 5th Floor
Associate Member Council Meeting (By Invitation Only)
Location: Music Box/Winter Garden, 6th Floor
Continental Breakfast
Location: Broadway Ballroom Foyer, 6th Floor
General Session: Perspectives on Liquidity from the New York Fed,
followed by a Panel on Portfolio Lending
Location: Broadway Ballroom, 6th Floor
Join us as Federal Reserve Bank of New York's Nathaniel Wuerffel speaks
on "Liquidity and Market Structure: Treasury and Agency MBS," and
answers questions. Then, a panel of industry leaders will explore the
market and regulatory forces which are driving the trend of depositories
retaining a growing share of mortgage production for portfolio
investment.
10:00 AM - 3:00 PM
10:00 AM - 3:00 PM
10:30 AM - 11:00 AM
10:45 AM - 12:00 PM
Speakers
Brett Manning, CFA, Vice President and Director, Member Strategies,
Federal Home Loan Bank of Des Moines
Doug Maxham, Director, Secondary Markets, Pentagon Federal Credit
Union
J. David Motley, CMB, Vice-Chairman, Mortgage Bankers Association,
President, Colonial Savings, F.A.
Jill Streit, Senior Vice President and Finance Director Portfolio
Management
Matthew Tomiak, Managing Director, Redwood Trust, Inc.
Nathaniel Wuerffel, Senior Vice President and Director of Treasury
Markets, Markets Group, Federal Reserve Bank of New York
THE HUB is Open
Location: Westside Ballroom, 5th Floor
COFFEE SPOT in THE HUB
Location: Westside Ballroom, 5th Floor
Refreshment Break in THE HUB
Location: Westside Ballroom, 5th Floor
General Session: Economic Outlook
Location: Broadway Ballroom, 6th Floor
MBA’s chief economist is joined by guest economists to compareand
contrast their views for the housing and mortgage markets.
Thepresentation will include outlooks for mortgage rates, industry
volume,as well as other critical trends of importance to the industry.
12:00 PM - 1:00 PM
12:00 PM - 1:30 PM
1:30 PM - 2:45 PM
Speakers
Sean Becketti, Vice President and Chief Economist, Freddie Mac
Douglas G. Duncan, Senior Vice President and Chief Economist, Fannie
Mae
Michael Fratantoni, Chief Economist and Senior Vice President, Research
and Industry Technology, Mortgage Bankers Association
Lunch in THE HUB
Location: Westside Ballroom, 5th Floor
Women in Real Estate Finance Lunch and Networking Event
Location: Astor Ballroom, 7th Floor
Speakers
Kim Azzarelli, Chair and Co-Founder of Cornell Law School's Avon Global
Center for Women and Justice, Partner, Seneca Point Global
Marcia M. Davies, Chief Operating Officer, Mortgage Bankers
Association
Whole Loan Trading
Location: Empire Complex, 7th Floor
This session will explore current dynamics in the market for whole loans.
Experts will provide insight on scratch and dent loans impacted by Know
BeforeYou Owe (KYOB / TRID) and other regulatory compliance hurdles,
as well asanalysis of the NPL and RPL trades occurring. Finally, the
session explores thepotential for growing trading volume among IMBs
looking for an alternativeexecution and community banks seeking
mortgages for portfolio investment.
1:30 PM - 2:45 PM
Speakers
Donald G. Calcaterra, Jr., CMB, AMP, President, First Equity Realty
Corporation
Mike Duncan, Managing Director, Compass Analytics, LLC
Derek Katz, Managing Director, MountainView Capital Holdings
Michael Quinn, Executive Vice President, Correspondent Group,
PennyMac Financial Services, Inc.
John Toohig, Managing Director, Raymond James & Associates
Liability and New Risks for Secondary Market Investors
Location: Soho Complex, 7th Floor
When is a loan purchaser liable for an originator’s violation of
consumercredit loans? A panel of experts discusses the heightened risks
ofassignee liability and the implications for the secondary
mortgagemarket, including the possibility of CFPB enforcement actions.
Speakers
2:45 PM - 3:00 PM
3:00 PM - 4:00 PM
Daniel Goodwin, Director, Mortgage Policy, Structured Finance Industry
Group - SFIG
Eric Kaplan, Managing Partner, Structured Finance, Ranieri Strategies LLC
John Levonick, Director, Regulatory Compliance, Clayton
Suzanne Mistretta, Senior Director, Fitch Ratings
Laurence Platt, Partner, Mayer Brown, LLP
Refreshment Break in THE HUB
Location: Westside Ballroom, 5th Floor
The Intersection of Policy and Politics in the Secondary Market
Location: Empire Complex, 7th Floor
Leading market analysts provide their insights regarding how different
business models may be impacted by the policy environment, and which
challenges may impact your business strategy.
3:00 PM - 4:00 PM
Speakers
Peter Carroll, Executive Vice President, Policy and Counterparty
Relations, Quicken Loans, Inc.
Paul J. Miller, CFA, Managing Director and Head of Financial
Services/Real Estate Research, FBR Capital Markets & Co.
Steve O'Connor, Senior Vice President, Public Policy and Industry
Relations, Mortgage Bankers Association
Jaret Seiberg, Managing Director, Financial Services Policy Analyst,
Guggenheim Securities, LLC
Christopher Whalen, Senior Managing Director and Head of Research,
Kroll Bond Rating Agency
Credit Risk Transfer
Location: Soho Complex, 7th Floor
This panel will explore the successes and challenges from the back-end
creditrisk transfer efforts so far, and discuss the potential for up-front
CRT includinggreater use of lender recourse and the potential for deeper
MI coverage.
Speakers
Ted Durant, Vice President, Analytic Services, Mortgage Guaranty
Insurance Corporation (MGIC)
Michael Fratantoni, Chief Economist and Senior Vice President, Research
and Industry Technology, Mortgage Bankers Association
Richard K. MacWilliams, Co-Founder and Managing Partner, Vista
Capital Advisors
Kevin Palmer, Senior Vice President, Single-Family Credit Risk Transfer,
Freddie Mac
Kaustub Samant, Vice President, J.P. Morgan Securities LLC
Robert Schaefer, Vice President, Credit Enhancement Strategy and
Managment, Fannie Mae
4:00 PM - 5:30 PM
Community Bank and Credit Union Network (CBCU) Meeting (Closed to
Media; MBA Community Bank and Credit Union Members Only)
Location: Music Box/Winter Garden, 6th Floor
Wednesday, May 18, 2016
7:30 AM - 12:00 PM
8:30 AM - 11:00 AM
9:00 AM - 9:30 AM
9:30 AM - 11:00 AM
Warehouse Lender Executive Council Meeting (By Invitation Only)
Location: Cantor/Jolson Room, 9th Floor
Registration
Location: 45th St. Registration Desk, 5th Floor
Continental Breakfast
Location: Westside Ballroom Foyer, 5th Floor
Closing General Session: Mortgage Servicing Rights: The Challenges &
Opportunities
Location: Julliard Complex, 5th Floor
In this panel leading MSR brokers describe the current state of MSR
liquidity, obstacles and opportunities for deals of different sizes,
differential trading in Ginnie Mae vs. conventional pools,and the
changing composition of MSR buyers and sellers.
Speakers
Mark S. Garland, President, MountainView Capital Holdings
James P. Gross, Vice President, Financial Management and Public Policy,
Mortgage Bankers Association
Seth D. Sprague, CMB, Senior Vice President, Phoenix Capital, Inc.
Austin Tilghman, Chief Executive Officer, United Capital Markets, Inc.