Advanced Risk Management for Mortgage Professionals: June 2021: Online

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Early Cutoff:

  Before Regular
MBA Member Price (Before ) $2,250.00 $2,500.00
Non-Member Price (Before ) $3,500.00 $3,750.00


Program Schedule:

Week 1:

  • Monday, June 7 (2:00 - 3:00 PM ET)
  • Tuesday, June 8 (2:00 - 4:00 PM ET)
  • Wednesday, June 9 (2:00 - 4:00 PM ET)
  • Thursday, June 10 (2:00 - 4:00 PM ET)

Week 2:

  • Monday, June 14 (2:00 - 4:00 PM ET)
  • Tuesday, June 15 (2:00 - 4:00 PM ET)
  • Wednesday, June 16 (2:00 - 4:00 PM ET)

Week 3:

  • Monday, June 21 (2:00 - 4:00 PM ET)
  • Tuesday, June 22 (2:00 - 4:00 PM ET)
  • Wednesday, June 23 (2:00 - 4:00 PM ET)

** Webinars may vary in duration depending on the subject matter.**


In collaboration with...

The Advanced Risk Management Online Program covers topics essential to effective mortgage risk management for mortgage and commercial banks. This program is intended for mid- to senior-level mortgage risk professionals looking to sharpen their knowledge and skills in mortgage risk management.

The program features 10 separate learning sessions and reinforces core risk concepts using real world applications and exercises drawn from actual experiences of the faculty who are or have been senior executive-level practitioners in risk management.

Attendees should expect to understand:

  • The Role of Risk Governance in Overseeing Mortgage Risk
  • Mortgage Origination Risk Management: Loan Manufacturing Risk and Controls
  • Mortgage Origination Risk Management: Credit & Prepayment Risk & Controls
  • Secondary Risk Management
  • Managing Recourse & Reps and Warrants Risk
  • Asset-Liability Risk Management
  • Mortgage Servicing Risk Management
  • Operational Risk Management
  • Regulatory & Compliance Risk Management


Session 1: The Role of Risk Governance in Overseeing Mortgage Risk

  • Risk appetite formation
  • Inherent and residual mortgage risk and effective controls in managing risk profile
  • Three lines of defense doctrine defining roles and responsibilities between the business, corporate risk and audit functions
  • The role of boards and risk committees
  • Governance and escalation policies
  • Developing a risk taxonomy

Session 2: Chief Risk Officer Panel Discussion (New!)

  • Discussion of topical risk management issues and practices affecting the mortgage industry from Chief Risk Officers of bank and nonbank financial institutions.

Session 3: Mortgage Origination Risk Management: Loan Manufacturing Risk and Controls

  • Credit policy development and guidelines
    • Compensating factors
    • Risk layering
  • Exception policy practices
  • Underwriting and collateral valuation practices
    • Automated underwriting systems (AUS) and automated valuation models (AVMs)
    • Appraisal practices
  • Quality Assurance (QA) practices and sampling strategies and techniques
  • Institutional credit risk management – managing correspondent and wholesale channel risk

Session 4: Mortgage Origination Risk Management: Credit & Prepayment Risk & Controls

  • Credit and prepayment risk measurement
    • Expected loss, probability of mortgage default and loss severity
    • Unexpected loss and economic capital
    • Mortgage prepayment and credit competing risks
    • Drivers of credit and prepayment risk and associated models
  • Scenario analysis and stress testing principles
  • Monitoring origination risks
    • Best practices in mortgage risk reporting
    • Implementing key risk indicators (KRIs) from key performance indicators (KPIs)
    • Risk-adjusted performance measurement

Session 5: Secondary Risk Management

  • Mortgage pricing and risk management
  • Best execution analysis and implications for risk management
  • Mortgage pipeline management
  • Credit risk transfer strategies
    • GSE credit risk transfer securities
    • Mortgage insurance basics

Session 6: Managing Recourse & Reps and Warrants Risk

  • Perspectives on investor requirements on loan quality
  • Understanding the nature of buyback risk, implications for the business and controls
  • Indemnification risk and associated mitigants
  • Mortgage Insurance recission process and risks

Session 7: Asset-Liability Risk Management

  • Liquidity risk management
  • Market/Interest rate risk management
  • Valuation risk management
    • Mortgage servicing rights (MSR) valuation and issues
  • Capital management

Session 8: Mortgage Servicing Risk Management

  • Performing loan risk management – managing prepayment risk
  • Nonperforming loan risk management
    • Loan modification basics
    • Delinquency management practices
    • Default and collections practices including forbearance and forbearance exits
  • Investor servicing performance measurement and implications for the servicing process

Session 9: Operational Risk Management

  • A survey of operational risk types in the mortgage business
  • Developing risk control self-assessments (RCSAs)
  • Mortgage fraud risk and controls
  • Vendor management risk and controls
  • Model risk management
  • Mortgage data and technology risks
  • Operational risk measurement practices

Session 10: Regulatory & Compliance Risk Management

  • A survey of key mortgage regulations
  • Developing a robust regulatory and compliance culture and framework
  • Regulatory panel discussion on topical regulatory issues

Who Should Attend?

  • Mid to Senior-Level Risk Management Professionals


  • Dr. Clifford Rossi, Professor of the Practice & Executive-in-Residence, Robert H. Smith School of Business, University of Maryland
  • Parag Pandya, Chief Risk Officer - Single Family, Fannie Mae
  • Caroline Patane, Vice President - Single Family Risk Management, Fannie Mae
  • Rena Friske, Senior Vice President - Enterprise Risk Management, Freddie Mac
  • Jerra Ryan, Senior Vice President Compliance & Quality Control, SWBC Mortgage


  • Anil Hinduja, Executive Vice President & Chief Enterprise Risk Officer, Freddie Mac
  • Gregory Keith, Senior Vice President & Chief Risk Officer, Ginnie Mae
  • Ryan Zanin, Executive Vice President & Chief Risk Officer, Fannie Mae
  • Suzanne Shuck, Chief Risk Officer, Freedom Mortgage Corporation

Scholarship Availability & Discounts:

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Send more, save more!. Save $250 on the second registration, save $500 on the third and fourth registration. The fifth enrollment... FREE!  Please contact for this discount.

MBA’s Path to Diversity Scholarship enables employees from diverse backgrounds to advance their career development by receiving up to $2,000 in education funds. Learn more and apply at