WEBINAR: Mortgage Pipeline Hedging

WEBINAR: Mortgage Pipeline Hedging

February 12, 2020

Mortgage Pipeline Hedging: The Opportunity & Key Components of a Successful Program


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Competitiveness in the mortgage marketplace has pushed risk management and profitability strategies to the forefront. Originating conforming mortgage loans to be sold to the agencies exposes your institution to pricing risk from the time of the initial commitment to the borrower until the time that the loan is committed for sale to the agencies. Currently, many institutions pay GSEs to hedge their pipeline for them, at a significant cost. Effective mortgage pipeline hedging presents an opportunity to enhance return and profitability through risk reduction and cost savings.

Successful mortgage pipeline hedging programs require an integration of in depth origination and asset management principles. A portfolio manager with a deep understanding of mortgage analytics, price sensitivities, and convexity risk should have a greater grasp of the risk profile of the mortgage assets being hedged. In this webinar, we will discuss the current opportunity and address the four main components of a successful mortgage pipeline hedging program that every institution should understand in order to meet their financial goals.


Robert Perry
Principal, ALM First Financial Advisors

Robert Perry is a Principal at ALM First Financial Advisors, joining the firm in 2010. Robert leads ALM First’s ALM and Investment Strategy Groups and is responsible for the development of asset liability and investment portfolio themes for the firm. He also provides strategic focus for financial institution client portfolios that are primarily invested in the high credit quality sectors, and is instrumental in balance sheet hedging strategy development.

Robert has more than 29 years of experience in the banking and bank-consulting businesses. Over his career, he has spoken at many conferences, written on various topics and has been published in publications such as WIB CFO Digest, WIB Directors Digest, Credit Union Business, and many more. He has performed board of directors educational events and consulted with many financial institutions in the areas of ALM and investment strategy. Robert’s in-depth knowledge and financial management background have also made him a popular speaker on bank profitability and portfolio strategies, as well as hedging and derivatives use.

Before joining ALM First, Robert previously served as Managing Director of the ALM and Investment Strategy division of DataTech Management in Los Angeles, California, and Chief Investment Officer for First Coastal Bank in Manhattan Beach. Previously, Robert was a Principal and Product Portfolio Manager at Smith Breeden Associates, Inc., where he managed Smith Breeden’s Enhanced Cash and Enhanced Equity Strategies. He also managed Smith Breeden’s bank consulting group, which included the non-discretionary asset management and risk-reporting businesses. Prior to joining Smith Breeden in 1991, he worked as an analyst in the risk management area of Centura Bank in North Carolina.

Robert graduated from North Carolina State University with a bachelor of arts degree in business management.

Registration to the live session includes:

  • One online connection
  • CPE credit for registrant
  • Permission to reproduce the handouts and other written material for additional attendees at your location

Only registered attendees of the live session can obtain CPE credit. Attendees of FMS live webinars also receive two views of the On-Demand version of the program they attend. Use this bonus feature to share the program with colleagues or as a refresher at a later date. Instructions for viewing the on-demand session will be emailed to you at the conclusion of the live event.

Credit Hours

Earn up to 1 hours of CPE credit.
  • Level: Basic
  • Prerequisites: None
  • Advance preparation: None
  • Field of Study: Finance - Technical
  • Instructional Method: Group Internet Based
  • Length: 60 minutes

For more information regarding administrative policies such as concerns or refunds, call 800-ASK-4FMS (800-275-4367). FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web: www.nasba.org.

Registration Rate
Members and Non-members sign in or create an account below to register.

Non-members: $295

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2/12/2020 2:00 PM - 2/12/2020 3:00 PM
United States

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