Wilary Winn - Banks

View our Wilary Winn client testimonials. Our clients include financial institutions located throughout the country ranging from $60 million to $4.6 billion in total assets, including 22 which are publicly traded. We help them address complex issues including:

We are continually engaged in research and development, and add to the services we offer after we have ensured that we have achieved a level of knowledge and expertise to meet our standards for quality and service delivery. For example, we recently developed fully FAS 157 compliant discounted cash valuation models for Trust Preferred Securities and non-Agency MBS. If you need advice on an issue not currently listed under our services, please give us a call. We may be able to help.

"What are mortgage servicing rights worth? What are the financial risks of retaining servicing? To answer these questions, we turned to Wilary Winn LLC. They determined a fair value for our existing portfolio, and explained the risks and rewards of retaining the mortgage servicing rights under different interest rate scenarios. We make the mortgages. Wilary Winn values them and helps us with the accounting. We consider it a great partnership." — Kenneth Heiser, Market President, Associated Bank. Recipient of North-Western Financial Review's "Banker of the Year" award

"When we joined the FHLB MPF Program and took the first steps into the mortgage servicing business three years ago, we identified the need for a reliable partner to assist us with the interpretation and implementation of the applicable accounting standards. Wilary Winn is our partner and remains so for several reasons. First, they have a thorough understanding of the FHLB MPF Program and all of its distinctives. The training they provide through the MPF Program is delivered in a manner that is easy to understand. Second, they are accessible. We have a consultative conference call every quarter during our portfolio valuation and throughout the quarter they always respond promptly to any question or concern we have. Third, their methodology is meticulously documented and customized, within industry parameters, to our Bank's practices and historical experience. Lastly, their methods have withstood the scrutiny of both the external auditors of our financial statements and regulatory examiners. We entered the mortgage servicing business as part of a long term mortgage banking strategy. Our partnership with Wilary Winn will be a key component in our success." — Pamela N. Greening, Senior Vice President/Chief Financial Officer, Republic Bank & Trust, Norman, OK

"Wilary Winn LLC was initially introduced to us through our audit firm, who recommended the consulting firm to value our Interest Rate Lock-in Commitments (IRLCs), Forward Sales Commitments, and Closed Loan Inventory. We subsequently hired Wilary Winn directly because we believe they offer a cost-effective and high-value alternative relative to other providers. Over the past several years, we have been impressed by the excellent and timely service provided, as well as the firm's thorough knowledge of the accounting principles involved in our valuations. Wilary Winn has been a great resource for us to discuss complex accounting regulations in a clear, comprehensible manner." — Daniel Russo, Senior Vice President & Internal Controls Officer, Sandy Spring Bank, Olney, MD

"The analysis required to properly value and account for servicing rights on mortgages and the guaranteed portions of SBA 7a loans has become increasingly complex. We look to the professionals at Wilary Winn to develop independent analyses that we use for our accounting and financial reporting. Wilary Winn's extensive industry experience gives them an effective understanding of the complex assumptions underlying the valuation analyses and an ability to clearly communicate the results of their work. We rely on Wilary Winn to get it right." — Thomas A. Sa, Executive Vice President, Chief Financial Officer, Bridge Capital Holdings, Bridge Bank, N.A.