In our Hot Topic today we’ve got Marina Walsh here to discuss Loan and Servicer Performance and the unique challenges faced by IMB Servicers!
Marina B. Walsh
Vice President, Industry Analysis
Research and Economics
Mortgage Bankers Association
Marina Walsh is vice president of industry analysis in MBA’s research and economics department, specializing in industry performance benchmarking for residential lenders and servicers. She has worked in real estate finance for close to twenty years.
Want to know more about Marina Walsh?
She has worked in real estate finance for close to twenty years. Currently, she leads the management and direction for the annual and quarterly Mortgage Bankers Performance Reports, the Servicing Operations Study and Forum, the Peer Group Survey and Roundtable Program, the Mortgage Banking Compensation Survey Program and other ad hoc surveys and policy analyses. She is also MBA’s spokesperson for the Quarterly National Delinquency Survey.
Workshops, Symposiums and Roundtables
In addition, Walsh conducts specialty workshops, symposiums and roundtables on a variety of current topics critical to the mortgage industry and provides program advisory support for several conferences, particularly MBA’s Accounting and Financial Management Conference and its National Servicing Conference. She is an instructor for several MBA Education webinars and courses, including the Introductory and Advanced Schools of Mortgage Servicing and the Future Leaders Program.
Women Influencer of the Year
Results of her work have been published in all of the major trade publications as well as national and local newspapers. She is a frequent speaker at MBA and other industry events and conferences.
Walsh was named to HousingWire’s “2016 Women of Influence” list. The list, which is based on nominations from the industry, highlights women who are making significant contributions to mortgage banking and real estate.
Education and Experience
Prior to joining MBA, Walsh was a manager in Ernst and Young’s Real Estate Advisory Services Group where her focus was Federal credit program design, implementation and performance measurement. She started her career in the Management Training Program, then subsequently the financial planning division, of the Port Authority of NY & NJ. She holds a bachelor’s degree from Cornell University and a Master of Public Administration degree from Columbia University.
Topics Covered in this Episode:
- Loan Performance including NDS results
- Servicer Performance Indicators
- Unique Challenges for IMB Servicers including Capital and Liquidity
Excerpts from this Episode:
Listen: A look at the profit and costs of mortgage origination from the MBA… from $9300 per loan to $7200…
Listen: A look at technology and ROI for loan origination costs…
Listen: A look at actual costs for mortgage companies and what they spend on technology per loan…
Listen: Another key metric… the number of days from application to closing… re-fi coming down from 53 days to 45 days… and new purchases dropping from 49 days to 44 days…
Listen: A lot of volume is carrying over into 2020… a look at the year ahead…
Listen: Presenting data to the various segments to bring relevant data and geographic location…
Listen: Details about the upcoming servicing conference… Feb 23rd to Feb 26th in Orlando, now called the MBA Servicing Solutions Conference…
Listen: Topics to be covered during MBA IMB conference in February… thoughts on IMBs having liquidity during a downturn…