Apr 17, 2013
Phil Laren, founder of PB Pacific Partners will discuss the valuation and decision methodology of retaining mortgage servicing rights. Mr. Laren has been involved in mortgage banking capital markets and risk management for over 25 years. He is well known for developing financial models with applications to servicing value, pipeline hedging, and optimal use of options for both servicing and pipeline hedging, as well as profitability and best execution models. Mr. Laren received two Masters Degrees (in Economics and Statistics) from the University of Michigan, as well achieving a Candidate for Ph.D in Econometric theory from the University of Michigan.