Warehouse Lending I: The Basics of Warehouse Lending

Webinar

Register Now

Early Cutoff:

  Before Regular After
Member Price $199.00 $199.00 $199.00
Non-Member Price $279.00 $279.00 $279.00

Description

Warehouse Lending I: The Basics of Warehouse Lending

Date:

Wednesday, March 14th, 2018

Time:

2:00-3:30 PM EST

Discounts:

Participants who register for both webinars in this two-part series, receive 15% off. Please use the promo code GROUP15 upon checkout to receive your discount.

Summary:

This is a two-part webinar that is largely re-worked from previous years. Part One of this webinar will provide participants with a thorough overview of Warehouse Lending. This session will explore how warehouse lines can be structured, the key success factors needed in any warehouse lending program, and the key risks in warehouse lending, including closing agent risk, red flags for warehouse lenders, and the importance of bailee letters and MERS Electronic Tracking Agreements.

Objectives:

The following information will be considered at this webinar:

  • What are the basic structure and terms of a warehouse facility?
  • What are the key forms of warehouse lending contracts and what are their pros and cons?
  • What are the key success factors in warehouse lending?
  • What are the key staffing roles and the key systems that Warehouse Lenders use?
  • What are the key risks of Warehouse Lending and how does a Warehouse Lender monitor its clients to manage those risks?
  • How should warehouse lenders monitor hedging risk with their clients?
  • What are best practices for managing closing agent risk?
  • What are some of the red flags that warehouse lenders should watch out for?
  • Which two crucial features are missing from many bank bailee letters?
  • What are MERS ETAs and why are they crucial?

Speakers:

  • Michael D. McAuley, Managing Director, Garrett, McAuley & Co.
  • Tom Kelly, Partner, Dorsey & Whitney LLP

Who Should Attend?

  • Commercial Bankers who are considering establishing warehouse lending programs.
  • Commercial Banks with existing warehouse lending programs who want to expand their portfolios.
  • CFOs, Controllers, and managers and staff of Accounting, Operations, and Secondary Marketing at mortgage banking firms.
  • Members of Bank Boards of Directors.
  • Credit Officers and Operations Managers of warehouse banks.

Notes

Call begins on March 14, 2018 from 2:00 - 3:30 pm EST.

Login instructions will be sent to paid attendees in advance of the webinar.

All paid attendees will receive a copy of the audio recording and PowerPoint deck at the conclusion of the webinar.