BASEL III [White Paper]
Released January 2015 introduction BASEL III introduced major changes to the calculation of risk-based capital. It had direct effects on our clients that: Owned mortgage servicing rights; Owned TruPs; Owned […]
Released January 2015 introduction BASEL III introduced major changes to the calculation of risk-based capital. It had direct effects on our clients that: Owned mortgage servicing rights; Owned TruPs; Owned […]
The BASEL III capital rules became effective with the March 2015 regulatory call report filing. Under the new rules, loan sales with limited recourse under the MPF® Program are considered […]
Wilary Winn presented this Mortgage Servicing Rights seminar on June 27, 2005, focusing on information about the valuation of MSRs, required repurchases and fraud issues, as well as the accounting requirements. The […]
Initially offered at the 2017 AICPA Conference on Credit Unions, All You Ever Wanted to Know About Mortgage Banking offers an all-inclusive insight into a credit union’s mortgage banking operation. This presentation […]
Interest rates are up, refinances are down, and the CFPB has recently released dizzying amounts of regulation regarding mortgage lending, with more to come. Lenders are asking – should I […]
The accounting and regulatory reporting for mortgage banking activities is relatively complex. For example, locking in a rate with a borrower for a loan to be sold into the secondary […]
Accounting for Mortgage Banking Activities Mortgage Servicing Rights Released January 2012 INTRODUCTION Mortgage banking involves relatively sophisticated financial activities, including the creation of derivatives, hedging, and the intricacies of mortgage […]
accounting for mortgage banking activities Interest Rate Lock Commitments, Forward Sales Commitments and Closed Loans Held for Sale Released March 2012 introduction Mortgage banking involves relatively sophisticated financial activities including […]