Conference on Credit Unions 2018

CU1821 - Accounting and Financial Considerations for Mortgage Banking Operations

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


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.

Speaker(s):

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