In this webinar, Moody’s analysts will discuss the considerations leading to the recent increase in the operating environment for non-bank mortgage companies and rating actions on several credits.

Topics include:
  • Residential mortgage finance companies lead analyst Warren Kornfeld will discuss moderate strengthening of non-bank mortgage company franchises and challenges as origination volumes fall
  • Residential mortgage finance companies lead analyst Gene Berman will discuss the rationale driving recent positive outlook rating actions on select credits
  • Focus on Moody’s through-the-cycle profitability and capitalization expectations, liquidity management as well as the credit implications from the recent public listings of a number of non-bank mortgage companies
  • Analysts will cover live questions from the audience

Speakers:
  • Andrea Usai, Associate Managing Director, Financial Institutions Group (Moderator) 
  • Warren Kornfeld, Senior Vice President, Financial Institutions Group
  • Gene Berman, Assistant Vice President, Financial Institutions Group
  • William Fricke, Vice President - Senior Credit Officer, Structured Finance Group

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

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