MBA's Accounting & Financial Management Conference 2019

Schedule

The schedule below is subject to change.

Note: Meeting rooms may change. Please refer to the MBA Events mobile app, available in both the App Store and Google Play, on-site for final locations.

Download Agenda Editable Agenda

Tuesday, November 19, 2019

  • Commercial/Multifamily Real Estate Finance Forecast


    Speaker(s)

    Jamie Woodwell, Vice President, Research & Economics, Mortgage Bankers Association

    Breakout Session,

    CREF Track

    Read more Read less

    Interest rates, cap rates, the Fed, property values, new supply and loan performance are all top concerns for mortgage professionals. MBA’s Vice President of Commercial Real Estate Research provides his outlook for commercial real estate finance markets.

    Speaker(s)

    Jamie Woodwell, Vice President, Research & Economics, Mortgage Bankers Association

  • The Economics of Mortgage Production


    Speaker(s)

    Marina Walsh, Vice President, Industry Analysis, Research and Economics, Mortgage Bankers Association

    Breakout Session,

    Residential Track

    Read more Read less

    Get the latest data on production performance, including revenues, costs, overall profitability, productivity and turn times.  Find out how other mortgage lenders – whether banks, IMBs, small or large – are faring in this market.   Also covered will be perspectives on all four production channels - Retail, Consumer Direct, Broker Wholesale, Correspondent as well as technology’s role in improving operations.  (A separate session on the economics of mortgage servicing takes place later in the conference agenda.)

    Speaker(s)

    Marina Walsh, Vice President, Industry Analysis, Research and Economics, Mortgage Bankers Association

  • Breakout Session,

    Residential Track

    Read more Read less

    In our interactive Q&A session, experts discuss timely accounting and audit topics, and share their view on major FASB projects. This is your chance to have your questions on current and upcoming accounting standards updates, and audit issues and challenges answered. Topics include: accounting for interest rate lock commitments, best practices to avoid year-end journal entries; consolidating financial statements; Lower of Cost or Market (LOCOM) vs. Fair Value (FV) accounting; classification and measurement of financial instruments; accounting for leases; and more.

  • Breakout Session,

    CREF Track

    Read more Read less

    Straight from the horses’ mouths, get auditors’ perspectives on what today’s key accounting and financial management issues are for commercial and multifamily mortgage finance firms

  • The Economics of Mortgage Servicing


    Speaker(s)

    Marina Walsh, Vice President, Industry Analysis, Research and Economics, Mortgage Bankers Association

    Breakout Session,

    Residential Track

    Read more Read less

    It’s “all things servicing” in this comprehensive panel that will cover profitability, expenses, productivity, delinquency outlook, retention statistics and the bulk and co-issue market for mortgage servicing rights.  To top it off, we will discuss servicing business from the standpoint of different market players – banks vs. independents, government servicers vs. conventional servicers – and the unique prospects and challenges facing each of these players.

    Speaker(s)

    Marina Walsh, Vice President, Industry Analysis, Research and Economics, Mortgage Bankers Association

Wednesday, November 20, 2019

  • Breakout Session,

    CREF Track

    Read more Read less

    LIBOR is the base rate for trillions of dollars in adjustable-rate mortgages and other contracts, and it is slated to go away in the next couple of years.  This session will provide background on the transition away from LIBOR, including how companies are preparing and what we do (and don’t) know about how the transition will impact the commercial/multifamily mortgage market.

  • The CFO Perspective


    Speaker(s)

    Patrick Journy, Chief Financial Officer, Mortgage Assets Management, LLC

    Frank Plenskofski, Executive Vice President, Nationwide Mortgage Bankers

    Pam Cooper, Chief Financial Officer, Citywide Home Loans/CHL Mortgage

    Brandon C. Coleman, Partner, Deloitte

    Breakout Session,

    Residential Track

    Read more Read less

    Find out what’s keeping your CFO up at night. Our popular panel of mortgage industry finance professionals discuss and debate the top financial challenges affecting the mortgage business. Issues will include: audit management; areas of opportunity in a purchase market; attracting and retaining top talent; managing enforcement or other actions from regulators; managing internal controls over financial reporting and more.

    Speaker(s)

    Patrick Journy, Chief Financial Officer, Mortgage Assets Management, LLC




    Frank Plenskofski, Executive Vice President, Nationwide Mortgage Bankers




    Pam Cooper, Chief Financial Officer, Citywide Home Loans/CHL Mortgage

    Pam started her career in mortgage banking for over 30 years ago, personally experiencing the days of double digit rates and negative am loans while as an investor reporting clerk in Orange County, Calif in the 1980’s.  She took a 10 year break from mortgage loan accounting to work for Deloitte in their financial services practice, returning to her roots in 2006 as VP Finance at Home American Mortgage, a builder captive mortgage company,  moving on to Aurora Loan Services, WJ Bradley Mortgage and most recently, as Chief Financial Officer of Citywide Home Loans, in Salt Lake City.  She is Vice Chair of the Accounting and Financial Management Committee and a CMB candidate.

    Brandon C. Coleman, Partner, Deloitte

    Brandon has more than 19 years of experience in the accounting and financing field, including years of Corporate experience within the banking and mortgage industry.  Brandon currently serves as the Chicago Partner in Charge of Accounting Services and the Senior Consultation Partner - Consolidation leader in Deloitte’s National Office.  In addition, Brandon is a Deputy Industry Professional Practice Director for the Banking & Securities Industry. In addition to consolidation, Brandon is one of the firm’s leading experts in leasing and real estate transactions and specializes in the areas of financial instruments, mortgage servicing rights, and de-recognition. Prior to rejoining Deloitte in 2012, Brandon served as Deputy Controller and head of Accounting Policy in the Real Estate Lending division of Citigroup for 5 years, where he led multiple interpretation and implementation projects during a turbulent time in the mortgage industry. 

    Brandon is a member of the American Institute of Certified Public Accountants.  Brandon holds a B.A. in accounting from the University of Missouri – St. Louis and is a certified public accountant licensed to practice in Illinois and Missouri.




  • Breakout Session,

    Residential Track,

    CREF Track

    Read more Read less

    Business Intelligence (BI) software and systems are democratizing information and analysis – and changing who knows what when.  But BI isn’t just about installing new software.  It often requires new thinking in terms of the platform, governance and culture.  This session will explore some of the latest tools and trends in BI, and provide insights on opportunities -- and challenges -- to making BI work within your organization.

  • Mortgage Servicing Rights


    Speaker(s)

    Dean H. DeMeritte, President - Trading & Analytics, PHOENIX

    Alan Qureshi, Managing Partner, Blue Water Financial Technologies

    Mike Barber, Partner, BKM Sowan Horan

    Breakout Session,

    Residential Track

    Read more Read less

    Correctly valuing and accounting for MSRs is an important aspect of the mortgage lending business. This panel helps you understand the importance of pricing, valuing and hedging MSRs, how to analyze interest rate scenarios, the different types of accounting treatment of MSRs — LOCOM or Fair Value, and discuss available valuation tools — and off-the-shelf models vs. third-party vendors.

    Speaker(s)

    Dean H. DeMeritte, President - Trading & Analytics, PHOENIX

    Alan Qureshi, Managing Partner, Blue Water Financial Technologies

    Al Qureshi is a Managing Partner at Blue Water Financial Technologies.  Al brings over 20 years of experience in mortgage and capital markets to Blue Water’s senior management team. Al is responsible for overseeing product development, day to day operations and informing strategic thought. Immediately prior to joining Blue Water, Alan “Al” Qureshi was the President of Incenter Portfolio Advisors. At Incenter, Al developed various MSR related hedge strategies and valuation models as well as an MSR execution Platform called MSR-X. Al brings all of these developments with him to Blue Water and is excited to continue to build upon these strategies in a dynamic, sophisticated and client-focused environment. Prior to joining Incenter, Al served as Head of Mortgage Servicing Hedging and Hedging Analytics at U.S. Bank. Al has also held MSR, analytic, hedging and trading appointments for JP Morgan, Merrill Lynch and Diamondback Capital.

    Mike Barber, Partner, BKM Sowan Horan

    With over 19 years of experience in public accounting, Mike provides exceptional client service in the assurance services area for companies in a variety of industries, including mortgage bankers, investment funds, real estate, healthcare and nonprofit.

    Mike is an experienced business partner to clients through ongoing business and accounting advice that delivers highly satisfactory results. Mike is also a leader in recruiting highly qualified individuals to the firm.

  • Breakout Session,

    Residential Track

    Read more Read less

    Find out about strategies mortgage companies are using to motivate and align loan originators to increase volume while protecting the bottom line. How can companies reset compensation to reward top performers and limit the drag of the low- and non-performers? How can loan-level data help lenders make faster, more informed decisions around rate locks, lender credits and rate reduction requests? And how are lenders taking marketing expenses, assistant salaries and license fees into account when determining LO compensation structures?

  • Regulations and Policy: The Big Picture


    Speaker(s)

    Fran Mordi, Associate Vice President, Financial Management, Tax and Accounting Policy, Mortgage Bankers Association

    Dan Fichtler, Director, Housing Finance Policy, Mortgage Bankers Association

    Breakout Session,

    Residential Track

    Read more Read less

    New this year, this panel will provide legislative and regulatory updates impacting the mortgage finance industry.  Come listen to the panelists dissect and analyze pending congressional bills, as well as upcoming and current finance and housing agencies’ regulations – including: housing finance reform efforts, HUD/FHA activities, CFBP activities, and the many housing or mortgage finance related bills introduced or being considered on the Hill.  

    Speaker(s)

    Fran Mordi, Associate Vice President, Financial Management, Tax and Accounting Policy, Mortgage Bankers Association

    Fran Mordi joined the Mortgage Bankers Association in May of 2017 after 20 years of post-Law school experience in the areas of tax and accounting.  Prior to joining MBA, Fran worked at the American Bankers Association and Deloitte Tax, LLP on domestic and international tax issues impacting the financial services industry.  Fran has specific expertise in putting together training sessions and presenting at bank tax conferences and panels.  Fran has extensive experience working with the banking regulators, FASB, the Treasury and Congress as an advocate of the financial services industry. Fran holds a J.D. from New England Law School, Boston, MA, and an LL.M in Taxation from Georgetown University Law School, Washington, DC. 

    Dan Fichtler, Director, Housing Finance Policy, Mortgage Bankers Association

    Dan Fichtler is Director of Housing Finance Policy at the Mortgage Bankers Association. In this role, he is responsible for developing MBA’s policy work related to loan production issues, including the government housing programs operated by FHA, VA, and USDA, as well as secondary and capital markets issues, including agency and non-agency securities markets and the activities of FHFA, Fannie Mae and Freddie Mac, Ginnie Mae, and the Federal Home Loan Banks. Prior to joining MBA, Dan was a policy advisor at the U.S. Department of the Treasury, where he served on the staff of the Financial Stability Oversight Council. He has also served as an advisor to the majority staff of the Senate Banking Committee, during which time he helped draft the Johnson-Crapo housing finance reform legislation. Dan holds a Bachelor's degree in economics and political science from Colgate University and a Master's in Public Affairs from the Woodrow Wilson School at Princeton University.

  • Regulatory Update (CREF Track)


    Speaker(s)

    Bruce Oliver, AVP Commercial Multifamily Policy, Mortgage Bankers Association

    Breakout Session,

    CREF Track

    Read more Read less

    Flood insurance, rent control, FHA, Davis Bacon, the future of the GSEs… there seems to be no end to the number of regulatory issues affecting commercial and multifamily real estate finance. Attend this session to dive into what is going on and what may be around the corner.

    Speaker(s)

    Bruce Oliver, AVP Commercial Multifamily Policy, Mortgage Bankers Association

    Bruce Oliver is Associate Vice President of Commercial/Multifamily Policy at MBA. In that capacity, he conducts analysis and advocacy on public policy matters that affect MBA’s commercial/multifamily members. Among other areas, this includes regulatory reform, HMDA, tax reform, GSE reform, Davis-Bacon and other FHA issues, and policy implications of commercial/multifamily innovation. Prior to joining MBA, Bruce was compliance consultant with PwC, regulatory counsel at Freddie Mac, white collar criminal defense attorney with Williams & Connolly, staff attorney at the OCC and US Treasury,. Prior to his legal career, Bruce was a practicing chemist.

  • Breakout Session,

    Residential Track,

    CREF Track

    Read more Read less

    The Current Expected Credit Loss (CECL) standard is coming and is changing the ways companies account for mortgage and other assets they hold on their balance sheets.  As more firms move from design to implementation, this session will get into the nuts-and-bolts of making CECL work over the long-term.  Discussion will cover CECL rules & timelines, approaches to modeling, model governance and early lessons from implementation.

  • Breakout Session,

    Residential Track

    Read more Read less

    A group of mortgage finance veterans discuss the internal and external forces affecting access to capital and financing decisions for non-depositories.   Discussion centers around the common sources of financing for non-depositories and the trade-offs between equity vs. debt financing.   They will answer: How do companies achieve the “right” balance and diversification of funding sources to better ensure adequate liquidity and a strong balance sheet?  What happens when the more favorable mortgage market conditions of 2019 reverse?  And, are non-depositories poised to handle stress scenarios, when financing is harder to come by?

  • Tax Reform


    Speaker(s)

    Jeff Spiegel, Partner, Spiegel Accountancy Corp.

    Jared Frost, AMP, Partner, Richey May & Co., LLP

    Brad Marckx, Partner, BKM Sowan Horan

    Breakout Session,

    Residential Track

    Read more Read less

    Now that the first filing season is over, and with new tax rules in place, what did we learn? Our expert panelists review the highlights of tax reform and identify what provisions have the largest impact on mortgage lending. Areas which they lend clarification to include the new pass-through deduction, limitation on business interest deduction, and changes to standard and itemized deductions.

    Speaker(s)

    Jeff Spiegel, Partner, Spiegel Accountancy Corp.

    Jeff Spiegel’s distinguished career as a Certified Public Accountant has included positions with Peat Marwick and Deloitte & Touche, two of the largest accounting firms in the world. He went on to establish his own firm in 1990 to better meet the needs of his clients.

    Jeff’s experience covers the full range of tax, accounting, audit, and consulting services. His professional style is to maintain a high-level of visibility and interaction with his clients throughout the year to stay abreast of developments within their companies that affect their financial picture.

    Throughout his career, Jeff has specialized in providing services for individuals and small businesses in a wide variety of industries including financial services, real estate, investment partnerships, professional service firms and e-commerce. Jeff has published articles on various tax topics and business practices and is a frequent speaker on various tax, accounting, and business topics.

    He is actively involved in professional organizations related to specific industries such as the Mortgage Bankers Association, California Mortgage Bankers Association, and the California Mortgage Association.

    Jeff is a member of the American Institute of CPAs and the California Society of CPAs. He received his BS degree from the University of Arizona and is a Certified Public Accountant in the states of California, Colorado, Connecticut, Oregon, Nevada, Texas, Washington, and Washington DC. In his spare time, Jeff likes to travel and exercise. He loves sporting events and is an avid Golden State Warrior fan – you’ll find him at almost every game. He also likes to hike and spend time with his colleagues and friends.

    Jared Frost, AMP, Partner, Richey May & Co., LLP

    Jared Frost is Partner in Charge of Richey May’s Mortgage Banking Tax Practice. He started with Richey May in 2009 and became a Tax Partner in 2013. Jared has managed relationships with clients in various industries, including mortgage banking, real estate, wholesale, retail and professional services. He currently specializes in providing tax compliance and consulting services to privately held mortgage banking companies throughout the country. He helps clients understand the tax opportunities and consequences that arise from their business decisions. Jared also plays a key role internally at the firm, leading the Mortgage Banking Tax Practice, reviewing the work of staff and managers and assisting with recruiting, practice development, and staff mentoring and evaluations. Previously, Jared worked at KPMG, LLP managing client relationships and reviewing staff work.

    Jared grew up in Los Angeles where he was inspired to pursue a career in accounting by his father, who was also an accountant. Jared attributes his success to a strong work ethic and motivation to acquire knowledge. He now resides in Parker, Colorado with his wife, Holly, and their seven children. The Frost family is particularly fond of the Parker community due to the type of lifestyle it permits. While away from the office, Jared enjoys sports, movies and spending time with family and friends.

    Brad Marckx, Partner, BKM Sowan Horan

    Brad started his career approximately 20 years ago working as a revenue agent with the Internal Revenue Service (IRS). The background with the IRS and a Masters Degree in Taxation (MT) from University of Denver provides a solid foundation in helping businesses, both private and public. Brad’s area of concentration include federal and state tax planning and compliance , ASC 740, Accounting for income taxes (including documentation of uncertain positions), entity choice, and strategic plans and forecasts.

    Brad’s clients benefit from tax strategies that work with the short and long range business objectives. Listening to individuals and management teams’ objectives and educating on the tax options provides a collaborative approach. This can involve merger and acquisitions planning in partnership and corporations, Oil and Gas services and E&P, Section 263A capitalization analysis, or other complex situations.

    Brad enjoys the collaboration, the foundation of BKM Sowan Horan, that comes from working with dedicated professionals and managing a diverse group of clients.

  • Breakout Session,

    CREF Track

    Read more Read less

    The ways commercial and multifamily mortgage lenders account for (potential) credit losses is changing, impacting both the economics and the operations of the business.  This session will dive into CECL questions specific to commercial and multifamily mortgage banking firms, from modeling and managing the process to an assessment of who is doing what.

  • Improving Company Performance through Reporting and Analytics


    Speaker(s)

    Prateek Khokhar, Chief Financial Officer, American Pacific Mortgage Corporation

    Felicia Kilger, CPA, Vice President, Accounting Director, Umpqua Bank

    Breakout Session,

    Residential Track

    Read more Read less

    Finance managers with their boots on the ground will discuss and debate ways to improve operational and financial reporting and analysis.  They will discuss their approaches to reporting and analysis, including the specific metrics that they use and on what frequency (key takeaway - more data and more often isn’t necessarily better).  Their viewpoints on communicating results to various business units will be shared as well.  The end goal:  to ensure companies can quickly adjust to changing market conditions and have the capabilities to make longer-term strategic decisions. 

    Speaker(s)

    Prateek Khokhar, Chief Financial Officer, American Pacific Mortgage Corporation

    Felicia Kilger, CPA, Vice President, Accounting Director, Umpqua Bank

    Felicia Kilger is Vice President Accounting Director at Umpqua Bank, the West Coast’s largest community bank.  She is responsible for all accounting and financial analysis related to mortgage banking, including mortgage originations, servicing, incentives, forecasting, reporting and vendor management.  She is a CPA and holds an MBA degree.  Felicia’s career in accounting spans over 25 years and includes work as a college educator and community volunteer.

  • Breakout Session,

    Residential Track

    Read more Read less

    AMF19 offers more time to meet face-to-face with your peers to network, discuss, debate and problem solve.  Choose between one of the four topics listed below and find your table to collaborate with peers in a smaller group setting. Guided by a facilitator, you will brainstorm issues and share experiences. In the last half of the session, a representative from each group will provide a 5 minute summary of your findings and solutions. This think tank session will serve to identify common challenges as well as solutions for you, your company, and our industry as a whole.

    Session 1 Round Table Topics:

    Loan Originator Compensation
    Mortgage Accounting Office Hours:  More Accounting and Auditing Q&A
    All Things M&A: Valuation, Growth and Exit Strategies
    Building a Successful Team – Attracting and Retaining Top Talent

  • Tech in CREF


    Speaker(s)

    Andrea Jang, Head of Growth, Americas, Jones Lang LaSalle

    Breakout Session,

    CREF Track

    Read more Read less

    Technology may not be changing the game in commercial and multifamily mortgage finance, but it is changing how it is played.  This session provides insights into the range of ways tech is embedding in CREF – from RPA to AI to PropTech – and some of the players who are making it happen.

    Speaker(s)

    Andrea Jang, Head of Growth, Americas, Jones Lang LaSalle

    Andrea Jang leads Growth for the Americas at JLL Spark, a $100M strategic Global Venture Fund focused on investing in proptech for the commercial real estate sector. Previously, Andrea was Senior Vice President, Corporate Development at JLL.  She was responsible for driving revenue and margin growth through corporate acquisitions in capital markets, brokerage, and property management for JLL Americas.  Andrea has held previous roles in business development and capital markets with key institutional real estate investors.  Andrea holds her MS in Real Estate from the Cornell Hotel School, her MBA from the Ivey Business School, and her BS Econ from the Wharton School.

Thursday, November 21, 2019

  • Innovation and the Future for Mortgage Finance Professionals (Residential/CREF Joint Session)


    Speaker(s)

    Lane Hayes, Deloitte

    Chris Moller, Partner, Deloitte

    Breakout Session,

    Residential Track,

    CREF Track

    Read more Read less

    The work and workforce of the future will not look the same way it does today. Finance and Accounting across all sectors, countries, and industries are rapidly evolving to take advantage of both the massive efficiency increases and strategic capabilities enabled by the transformation. This session takes a look at how the nature of the work will change, its direct impacts on mortgage finance and accounting professionals, and how firms can adapt to the accelerating of pace of the disruption.

    Speaker(s)

    Lane Hayes, Deloitte

    Lane has spent his consulting career assisting CFOs, CAOs, and Controllers at banking and non-bank financial institutions to modernize their organizations. Leveraging the lessons learned from his career at one of the largest banks in the U.S., he has worked with institutions of all sizes in the mortgage space to apply leading tools, optimize their work, and adapt their workforce to the rapidly changing space. His primary areas of focus are technology-driven data provisioning, automation & process improvement, and modeling & analytics.

    Chris Moller, Partner, Deloitte

    Chris is a Partner in Deloitte’s financial services practice with experience serving financial services clients around the world including significant experience with SEC reporting and internal controls over financial reporting.  He has supervised and led audit teams of several public and private financial services companies including banks, mortgage banks, investment funds, business development companies, investment managers, brokerage firms and financial technology companies. Chris also has financial due diligence experience on both domestic and international M&A transactions.

  • Breakout Session,

    Residential Track

    Read more Read less

    In a competitive mortgage market where very dollar counts, mortgage companies that are trading loans on a mandatory and/or best efforts basis need to be aware of optimal accounting and prudent pipeline management practices.  This session will address leverage, investment horizon, business strategy, risk policies, target hedge ratios, and financial statement accuracy and transparency.  What’s more, we’ll cover how hedging needs and objectives differ between different institutions (depository banks, REITs and IMBs).

  • Breakout Session,

    Residential Track

    Read more Read less

    As a continuation of Unplugged Session I, Session II offers an additional four topics of discussion. Choose between one of the topics listed below and find your table to collaborate with peers in a smaller group setting. Guided by a facilitator, you will brainstorm issues and share experiences. In the last half of the session, a representative from each group will provide a 5 minute summary of your findings and solutions. This think tank session will serve to identify common challenges as well as solutions for you, your company, and our industry as a whole.

    Session 2 Round Table Topics:

    Taxation Issues 
    CECL Issues
    Interest Rate Lock Commitments
    Budgeting and Forecasting

  • Breakout Session,

    CREF Track

    Read more Read less

    Don’t miss this year’s commerciali/multifamily roundtable discussion and your chance to ask peers about how they are addressing common challenges and opportunities faced by finance professionals.

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