Karen Gelernt were featured speakers during this annual conference. Karen Gelernt was a featured panelist during the session, "Mortgage Loan Warehousing and Repo Market," February 7, 4:35pm-5:35pm. This presentation provided a review of current issues and challenges facing the warehouse financing market. The following topics were covered during the session.
- What is the current state of warehouse financing (volume, market, etc.) and where is the market heading? In particular, what is the view regarding new origination volumes and movement towards financing Non-Agency products?
- For the agencies, what is their new approach towards their relationships with warehouse providers? What are warehouse providers' concerns regarding greater agency involvement in the warehouse process?
- What are the largest concerns regarding potential regulation affecting warehouse lending? In particular, what concerns are raised by the recent HUD inquiry regarding financing mechanisms?
- What are the greatest challenges faced by warehouse providers? In particular, fraud, servicing issues?
The following topics were covered during the program.
- How do current perceptions of the trustee’s role differ from the trustee’s actual role in transaction documents?
- What are the main problem areas in today's market environment that relate to the scope of the trustee role?
- Is the trustee role evolving in response to pressures of the current market environment? Should it?
- What challenges do trustees face related to regulatory changes and other developments affecting structured finance transactions?
February 6-9, 2011
Orlando World Center Marriott / Orlando, FL