Thursday, November 6

8:30 a.m.-5:00 p.m.
Registration

8:30 a.m.-4:30 p.m.
Exhibits Open

8:30 a.m.-9:00 a.m.
Continental Breakfast

9:30 a.m.-10:30 a.m.
OPENING GENERAL SESSION

Industry Outlook and Underwriting Forum
As the industry changes, so do underwriting requirements. Recent challenges in the subprime market have brought about tighter guidelines and a need for immediate solutions to minimize the effects of increasing defaults in the real estate finance business. Join our panel of industry leaders and get updates from FHA, VA, RHS, Fannie Mae and Freddie Mac. Find out what the new policy changes are, and learn about trends and issues that may affect your business.

10:30 a.m.-11:00 a.m.
Refreshment Break

11:00 a.m.-12:15 p.m.
2nd General Session
Risk Analysis in Today's Mortgage Market
In a tight mortgage market underwriting becomes the most vital part of many lenders’ ability to survive. Dependence on automated systems has caused many underwriters to cut corners by accepting the decisions of those automated systems. Today’s lifestyles and characteristics do not follow traditional philosophies and the guidelines provided are written for what used to be considered traditional characteristics. Attend this session and get hands-on training using real life examples that support today’s challenges and gain\ the necessary guidance for underwriting\ loans that do not meet “cookie cutter” characteristics.

12:15 p.m.-1:45 p.m.
Luncheon

1:45 p.m.-3:00 p.m.
CONCURRENT SESSIONS

New Fundamentals of Risk Mitigation
Lenders now require full borrower documentation in an effort to restore quality, so it is not surprising that current fraud schemes involve forgeries, alterations and the misrepresentation of other data elements in applications and appraisals. Many of today’s underwriters have not worked with fully documented loans, leaving lenders extremely vulnerable. This panel discusses what to look for and the tools that are available to help identify and prevent these new risks.

Renovation Lending Primer
With a nationwide abundance of aging housing stock, a borderline crisis on affordability for consumers and a flat trend in mortgage origination, lenders need to consider opportunities in growth markets to keep their business moving forward. At this session, leaders in the area of renovation lending walk through the basics and explain the valuable role renovation lending can play in the growth and success of your business.

3:00 p.m.-3:15 p.m.
Refreshment Break

3:15 p.m.-4:15 p.m.
CONCURRENT SESSIONS

Mortgage Fraud 2008: What's Changed, What's New
The conditions in the mortgage industry for the last half of the year made 2007 one for the record books and influenced all parts of the economy. These conditions included the lowest origination volume in years, the highest number of delinquencies and foreclosures, the rapid and near complete shut-down of the non-conforming secondary market and hundreds of announced closures of mortgage originators. This session examines the current composition of residential mortgage fraud and misrepresentation in the United States, and exposes which states have the highest reported mortgage fraud and the most common types of fraud found in 2007. Understand the impact of mortgage fraud on the current market environment and learn what you can do to help prevent mortgage fraud.

Effectively Managing Renovation Lending Risk
With the increase in popularity of renovation loans comes many associated risks. If not properly addressed, these risks leave lenders exposed to potential losses. Many lenders recognize the risks such as an unqualified contractor, budget shortfalls and misappropriation of construction funds, but do not understand how to effectively manage those risks. In this advanced session, expert panelists guide underwriters and originators through the complexities of effectively identifying and managing risk in renovation lending.

4:15 p.m.-4:30 p.m.
Refreshment Break

4:30 p.m.-5:30 p.m.
DISCUSSION SESSIONS
- Fannie Mae
- FHA/VA/RHS
- Freddie Mac

6:00 p.m.-7:30 p.m.
Networking Reception

Friday, November 7

8:30 a.m.-9:00 a.m.
Coffee Service

8:30 a.m.-12 p.m.
MBA Registration

8:30 a.m.-10:45 a.m.
Exhibits

9:00 a.m.-10:15 a.m.
3rd General Session

Appraisal Review in a Declining Market
In a declining mortgage market, accurate appraisal reviews are more important than ever. Lenders have a desire and a need to continue to originate and approve loans while managing risk. Balancing these two goals can be a daunting task. Join us at this session and discover how to spot inconsistencies that indicate decline, which appraisal report entries may signify declining property values, why “undervalued” properties cause problems and how to tell if the market has bottomed out. Also learn effective techniques to use when communicating with a qualifying appraiser.

10:15 a.m.-10:45 a.m.
Coffee Break

10:45 a.m.-12:00 p.m.
4th General Session

Understanding the "Red flag Rules"
The Federal Trade Commission (FTC), the Federal Reserve and other regulatory agencies are phasing in new rules for financial institutions that govern their ability to detect, respond to and prevent identity theft. Called the “Red Flags Rules” the rule mandates that banks, credit unions and similar institutions set up written plans for identifying suspicious “red flag” transactions that could indicate identity theft or fraud and update their plans with changing trends in financial crimes. Join panelists for an update on these rules and what you need to know and do to be compliant.

12:00 p.m.
Conference Concludes