Schedule

Schedule subject to change.

Note: Meeting rooms may change, so please refer to the on-site program for final locations.

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Wednesday, May 15, 2019

  • Learning Lab: Bridging the Gap - Servicing and Banking

    Location: Diamond Ballroom 5,
    Third Floor


    Speaker(s)

    Michael Kenney, Vice President, Operational Risk, Freddie Mac

    Beth Moskow-Schnoll, Managing Partner, Ballard Spahr, LLP

    Special Session

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    This panel helps break down the legal and regulatory background behind a bank’s need for information.  Discussion centers around bank requirements and potential practices to streamline the banking relationship.

    Speaker(s)

    Michael Kenney, Vice President, Operational Risk, Freddie Mac

    As Vice President of Operational Risk, Michael leads the first line of defense risk management for financial crimes, privacy and information security, business resiliency, vendor management and compliance with regulatory requirements. Mike and his team establishes the risk direction by aligning the Multifamily Governance Framework with the business operating model. He continually improves governance by understanding the multifaceted drivers that effect risk environment.

    Beth Moskow-Schnoll, Managing Partner, Ballard Spahr, LLP

  • Learning Lab: Construction Servicing - From Ground-up to Rehab

    Location: Diamond Ballroom 4,
    Third Floor


    Speaker(s)

    Patrick Dahnert, Director & Partner, Essex Financial Services LLC

    Bonnie Hochman Rothell, Partner, Morris, Manning & Martin, LLP

    Special Session

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    As lenders look to compete in the construction loan and value add space and as catastrophes cause servicers and asset managers to manage rehab, it is prudent to understand the risks involved with seeing a construction project through. This learning lab covers the risks involved in construction servicing and the surveillance that will assist you in managing  loans and properties with a construction element.

    Speaker(s)

    Patrick Dahnert, Director & Partner, Essex Financial Services LLC

    Patrick joined Essex in 2009 as Vice President and was promoted to Director and Partner in 2011. He is responsible for all aspects of Essex’s operation, business strategy and resource management.  Patrick joined Essex after five years at Capmark Finance where he served as Assistant Vice President.  He was responsible for management and oversight of $12.6 billion of CMBS and life company servicing.  Patrick began his career at First Arizona Savings in 2002 in the construction loan servicing department.

    Patrick received his BS-Business Management & Finance from Marist College in Poughkeepsie, NY where he was also a student athlete on the tennis team. Patrick participates in ongoing leadership training through the Mortgage Bankers Association.  He also received his certification as a Project Management Professional in 2015.

    Bonnie Hochman Rothell, Partner, Morris, Manning & Martin, LLP

    Bonnie Hochman Rothell is the Chair of the Litigation Practice at Morris, Manning & Martin, LLP and serves on the firm’s Executive and Management Committees. Ms. Hochman Rothell has first chaired hundreds of litigation matters throughout the U.S. and has prosecuted and defended appeals to the United States Supreme Court. Her clients include banks and institutional lenders, developers, holding companies, government agencies, public housing authorities, government contractors, entrepreneurs, commercial enterprises, foreign corporations and individuals. Ms. Hochman Rothell has unique expertise in matters involving HUD, Fannie Mae, Freddie Mac, USDA, GNMA and private lending and mortgage originating and servicing. Her advice and guidance is often sought prior to litigation in an effort to engage in risk management strategies and litigation avoidance. She has handled numerous creditors’ rights, lender liability types of claims, construction disputes and has extensive experience with defaulted loans, including the FHA assignment process. She frequently consults with clients on construction lending and servicing issues. In addition to an active litigation practice, Ms. Hochman Rothell is a certified mediator and has been actively involved in numerous pro bono pursuits and has served on various boards and commissions.

  • Learning Lab: Keeping Tabs On Underlying Risks

    Location: Diamond Ballroom 6,
    Third Floor


    Speaker(s)

    Gwen Roush, Vice President, CMBS Surveillance, DBRS, Inc.

    Roy Chun, Managing Director, Kroll Bond Rating Agency

    Dugger Schwartz, Senior Vice President - Real Estate Solutions, PNC Real Estate

    Special Session

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    Analyzing operating statements and rent rolls is at the heart of reporting property performance. But in addition to expense and occupancy trends and coverage rations, what can we learn from these reports? Join this group of asset managers and rating agency analysts as they look at borrower and property reports to evaluate risks by property type. 

    Speaker(s)

    Gwen Roush, Vice President, CMBS Surveillance, DBRS, Inc.

    Gwen Roush is a Vice President at DBRS, where she is the lead surveillance analyst with the North American CMBS group in Chicago.  In her role with DBRS, Gwen is responsible for managing the day-to-day of the group as surveillance reviews are completed.  In addition, Gwen is highly involved with the DBRS Viewpoint platform, a web-based CMBS tool built by DBRS that houses issuance and servicer data for all CMBS transactions, as well as DBRS commentary for DBRS-rated deals. She began her CMBS career with Midland Loan Services, and prior to re-joining DBRS in 2015, she was with PNC Real Estate’s Multifamily group in Dallas. Gwen has a B.A. in Political Science from Mizzou.

    Roy Chun, Managing Director, Kroll Bond Rating Agency

    Roy Chun is a Managing Director at Kroll Bond Rating Agency and head of the CMBS Surveillance group. Prior to joining KBRA, Roy was a Senior Director at Freddie Mac overseeing the surveillance and various master servicing responsibilities of the agency’s multifamily portfolio of loans and guarantees. functions Prior to his work at Freddie Mac, Roy was at Standard & Poor’s in a number of capacities including heading the team responsible for the surveillance of the company’s CMBS ratings portfolio. Roy holds a BS in Engineering and Applied Mathematics from Stony Brook University and a MBA from Baruch College.

    Dugger Schwartz, Senior Vice President - Real Estate Solutions, PNC Real Estate

    Wm. Dugger Schwartz is a senior vice president and the operations officer for Midland Loan Services’ Real Estate Solutions group. His responsibilities includes execution of strategic initiatives, technology & process improvements, risk management and governance activities, resourcing and administration for the special servicing and asset management teams. Prior to his current position, Mr. Schwartz managed a team of asset managers that was responsible for the surveillance/asset management of a portfolio in excess of $30 billion. He has also led a variety of diligence/valuation projects, securitizations for life insurance companies & PNC's lending group as well as technology & client implementations. Mr. Schwartz has a master's degree in Management from the University of Missouri-Kansas City and a bachelor's degree from the University of Texas at Austin. Dugger is a member of the Commercial Real Estate Finance Council and was the co-lead of the CREFC working group on trust terminations.

Thursday, May 16, 2019

  • Learning Lab: Loan Documents: Key Terms and Negotiation Points

    Location: Diamond Ballroom 5,
    Third Floor


    Speaker(s)

    Stacy Ackermann, Partner, K&L Gates

    Elizabeth Burnett, CCMS, Senior Portfolio Manager, Newmark Realty Capital, Inc

    Special Session

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    Facilitators focus on provisions in loan documents that may seem odd or difficult to the loan servicer. Using examples, they address the provisions with an eye toward the borrower’s interest as well as the lender’s interest and the negotiation that results in the final drafting. 

    Speaker(s)

    Stacy Ackermann, Partner, K&L Gates

    Elizabeth Burnett, CCMS, Senior Portfolio Manager, Newmark Realty Capital, Inc

    Elizabeth Burnett is a Senior Portfolio Manager with Newmark Realty Capital, Inc., with 16 years of experience in commercial loan servicing.  Elizabeth joined Newmark in 2002 and is actively involved in all aspects of the portfolio management and loan servicing of Newmark's $12 billion servicing portfolio comprised of 1300 loans in 40 states.  Elizabeth earned the CCMS (Commercial Certified Mortgage Servicer) designation through the MBA in 2016 and has been involved as a course instructor for the designation classes since then.  She is currently serving as the Chair of the CCMS Qualifications Subcommittee.  Elizabeth also assisted as an instructor for the MBA’s Servicing Agreements and Compliance section of the Introduction to Commercial Loan Servicing class in August 2018.  Elizabeth manages both cashiered and non-cashiered life company and CMBS portfolios for Newmark, with loans ranging in size from $1 million to over $200 million.  Additionally, she manages the annual inspection process for Newmark’s 1300 collaterals and has been involved in the development of Newmark's proprietary database over the last 12 years.  Elizabeth graduated Magna Cum Laude from the University of Notre Dame with a BA in English and a Concentration in Journalism in 2002. 

  • Learning Lab: Reserve Management

    Location: Diamond Ballroom 6,
    Third Floor


    Speaker(s)

    Terry Bowes, Director, Wells Fargo Bank, N.A.

    Luke Hoffman, CCMS, Head of Closing and Servicing Operations, MEMBERS Capital Advisors, CUNA Mutual Group

    Theodore Gandert, Manager, Portfolio Operations, Pacific Life Insurance Company

    Special Session

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    Join this Learning Lab to discuss the reserve administration process and workflow, and to evaluate loan document requirements vs. lender/servicer guidelines. Learn about springing reserves, how they are managed, current technologies available to simplify the process, and more.

    Topics include: How to manage time lag; do loan docs reflect reality; at what point should the servicer report to investors and is the borrower ever put into default? What is the servicer’s leverage, if any, and how does this play with investors?

    Speaker(s)

    Terry Bowes, Director, Wells Fargo Bank, N.A.

    Luke Hoffman, CCMS, Head of Closing and Servicing Operations, MEMBERS Capital Advisors, CUNA Mutual Group

    Luke Hoffman is the Head of Closing and Servicing Operations at MEMBERS Capital Advisors (MCA), investment advisor to CUNA Mutual Group.

    In his role closing loans and servicing the portfolio at MCA, Luke has closed over 450 loans and managed net portfolio growth of $1.5 billion, tripling the size of the portfolio since joining the company in 2010.  Luke is responsible for overseeing all aspects of portfolio management/surveillance in addition to closing loans. 

    Luke received his BS-Economics from the University of Wisconsin-Madison.  He earned his CCMS designation from the  Mortgage Bankers Association in 2018 and is an active member of the Life Company Servicers Executive Roundtable.

    Theodore Gandert, Manager, Portfolio Operations, Pacific Life Insurance Company

  • Learning Lab: Viewpoint - Correspondents and Subservicers

    Location: Diamond Ballroom 4,
    Third Floor


    Speaker(s)

    Jennifer L. Shedden, Vice President, Senior Portfolio Manager, Grandbridge Real Estate Capital LLC

    Chelsea Towner Dunaway, Portfolio Manager, Newmark Realty Capital, Inc.

    Donald F. Howie, Director, HFF

    Special Session

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    Let’s take a look at servicing from the point of view of the correspondent or subservicer.  See how subservicers and correspondents view the interactions and flow of information needed to address borrower requests and concerns, and learn how the subservicer/correspondent servicer resolve the issue.

    Speaker(s)

    Jennifer L. Shedden, Vice President, Senior Portfolio Manager, Grandbridge Real Estate Capital LLC

    Chelsea Towner Dunaway, Portfolio Manager, Newmark Realty Capital, Inc.

    Donald F. Howie, Director, HFF

    Mr. Howie is a Director in the Houston office of HFF (Holliday Fenoglio Fowler, L.P.) with more than 21 years of experience in loan servicing. He is responsible for the servicing of HFF Freddie Mac loans after securitization. He is the primary point of contact for borrowers and works closely with Freddie Mac, master servicers, attorneys and third party consultants.

    Mr. Howie joined the firm in August 2016. Prior to HFF, he was a portfolio manager with CBRE where he managed more than $36B in life company loans comprising four currencies. He also has extensive experience in real estate consulting and banking.