Mortgage Accounting Webinar Series: Part V

Thursday Nov 12, 2020

The Mortgage Accounting Series webinar series is presented in collaboration with MBA Education and Mortgage Banking Solutions (MBS), a consulting firm servicing the residential mortgage lending industry. Join us as we delve into the fundamentals and complexities of mortgage accounting. The completion of this series will provide you with the information necessary to master this form of accounting. Anyone who desires to increase their knowledge of mortgage loan accounting will benefit from this session that is designed for business owners, executive management, accountants, and non-CPA accounting managers.

Part I: Session one of this series will introduce attendees to the foundational concepts within mortgage accounting.

This session will dive deeper into the advanced accounting topics impacting mortgage lenders, including IRLC valuation methodology, techniques for cash flow forecasting, and tax liability implications.

Series Schedule:

  • Part I, Drilling into Mortgage Accounting - Wednesday, 10/07/2020
  • Part II, Loan Level Accounting - Essential For Survival - Wednesday, 10/14/2020
  • Part III, Hedging For Accountants - Wednesday, 10/21/2020
  • Part IV, Hedge Accounting and GAAP reporting - Wednesday, 11/04/2020
  • Part V, Cash Flow, MBS Prices, and IRLC Value - Wednesday, 11/12/2020

Session Objectives:

  • Benefits of Fair Value
  • Derivative Asset Valuation
  • GAAP foundation in support of Transformational Costs
  • Direct vs Indirect Costs
  • Best Practices of IRLC Transformational Costs
  • Applicability of Absorption Costing to Cost to Complete
  • FASB EITF ongoing commentary on IRLC
  • Implication of FAS 5 and FAS 91
  • Federal Tax impact from IRLC methodology

Speakers:

  • Andy Schell, CPA, CMB, CFF, Managing Partner, Mortgage Banking Solutions
  • Theresa Marie, CIO & Managing Director, Strategic Technology & Operations, Mortgage Banking Solutions

Who Should Attend?

Anyone who desires to increase their knowledge of mortgage loan accounting will benefit from this session that is designed for business owners, executive management, accountants, and non-CPA accounting managers.

Details

Date 11-12-2020

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