I will be a panelist at the Mortgage Bankers Association’s (MBA) upcoming Accounting and Financial Management Conference 2013 in Boca Raton, Florida. I will participate in a session on November 20 at 4:15pm entitled “Managing and Accounting for Risk of Repurchases, Indemnifications and Compensatory Fees.”
Brandon Coleman, CPA, a partner in Deloitte’s Accounting National Office, will join me as a panelist. The session will address:
• The problems now versus one year ago
• Triggers that investors cite today for repurchases and compensatory fees
• Options for reducing risk of financial harm: representations and warranties and other repurchase defenses, insurance, pursuing recoveries, etc.
• Accounting guidance and reserve issues impacting capital requirements and valuation
The conference will be held November 19-21 at Boca Raton Hotel. Please click here to register for the event.