This conference covers a wide range of hot topics related to credit during the Covid-19 pandemic. Please join us for this educational virtual event as we dive into an important look at the lending environment for Minnesota in 2021 and the future.
This webinar will be held via Zoom. Attend virtually from the comfort of your home or office! You will receive the webinar link the day prior to the webinar. Please note: Each link is uniquely coded and may only be used by the individual registered for the course. We ask that you do not share the link and reserve the right to remove unregistered attendees.
Who Should Participate
This conference is designed for chief credit officers, senior lenders, commercial loan officers, consumer lending officers, loan support personnel, and senior management personnel involved in the credit and lending process.
||Navigating Covid-19 and the Rough Credit Cycle in its Aftermath - David Ruffin, Principal, Intellicredit, a division of QwickRate
||A black swan named Covid-19 has ushered in a swift and dramatic end to the prolonged and recently benign credit cycle. Despite economic stimuli and regulatory relief, we can expect the credit degradation prompted by this crisis to be problematic and extensive. Now is the time to adopt aggressive new approaches to discover and monitor portfolio credit quality--both in aggregate and transactional--including loans affected by Covid-19. This session will explore the roles of senior management in this process and discuss regulatory expectations moving forward.
||Residential Lending is Evolving - Are You Keeping Up? - Paul Katz, Managing Director & Dean McCall, Managing Director Promontory MortgagePath LLC
|In the immediate mortgage-crisis aftermath, most consumers believed getting a mortgage was
hard. And it was. But something changed. The past four years spawned multi-billion-dollar ad
campaigns from mega lenders reassuring consumers that getting a mortgage is simple now -
thanks to technology. (Spoiler alert: it’s not.) The perception may have changed, but mortgages
aren’t “easy,” and the true transformation from an analog to a digital mortgage process is still in
its infancy. This session will discuss the recent advancements in technology that are changing
the residential lending process and explain the shift in borrower’s digital expectations.
| 11:00 a.m.
||Stress Testing: Best Hedge Against Covid-19 Credit Uncertainties - David Ruffin, Principal, Intellicredit, a division of QwickRate
||The U.S. GDP suffered its worst decline on record in Q2. At the same time, banks reported strong quarterly earnings. So what’s ahead for our industry? Given 2020’s huge uncertainties, how can you start preparing? Be proactive. This session will discuss five effective ways to help safeguard your credit portfolio. Each one can help you plan for, measure, and control your bank’s exposure to events that can send credit risk soaring. We’ll also discuss the advantages of tools that include both top-down (portfolio level) and bottom-up (loan level) approaches. This time around, minimize your losses by knowing where your portfolio might be moving and what type of capital cushion you have.
||Creating a More Profitable Institution - Enhancing Loan Growth through Partnerships - Wayne Gore, Director-Membership, Alliance Partners
||With an average Loan/Deposit ratio of just 60%, our industry continues to look for more lending opportunities. Unfortunately, the limits on some CRE lending activities provide obstacles to our quest for higher loan volume. For many banks, finding partnerships with FinTech firms can be that answer, but figuring out where those partnerships make sense can be a daunting task. This session will discuss best practices around evaluating partnerships with an eye towards assessing financial risks/rewards and ensuring vendor alignment of interests.
| 1:00 p.m.
|| Conference Adjourns
|Each additional person from same bank
Note: You will be given the option to pay by credit card or to invoice your company during the checkout process.
Date & Times
May 12, 2021
Program: 9:00 AM - 1:00 PM
At Your Desk
The MBA reserves the right to cancel programs due to insufficient enrollment, instructor illness, or other reasons. Participants wishing to cancel must inform the MBA in writing prior to the event. Send cancellation notices to firstname.lastname@example.org. A cancellation fee of 25% of the program cost will be charged for withdrawing, or you may send a substitute. The full program fee will be charged for withdrawing after the event has taken place or a no-show.
If you have a disability that may affect your participation in this program - or any dietary issues - please send a statement regarding any special needs to email@example.com at least two weeks prior to the program. We will contact you to discuss accommodations.
By registering, you hereby grant the MBA permission to use your likeness in a photograph, video, or other digital media in any and all of its publications or promotional materials, without payment or other consideration.