Conference on Credit Unions 2018


CU1821 - Accounting and Financial Considerations for Mortgage Banking Operations


Oct 24, 2018 11:10am ‐ Oct 24, 2018 12:25pm

Standard: $49.00

Description

Many credit unions have, or are contemplating, mortgage banking activities. We will provide an overview of accounting and financial considerations for mortgage banking operations from rate lock to servicing.

  • Understand the accounting implications of mortgage banking operations, including interest rate lock commitments, forward sale commitments, and loans-held-for-sale.
  • Understand accounting for mortgage servicing.

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