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Presented by: www.sourcemediaconferences.com/SLS07 800.803.3424 212.803.6093

L E N D I N G
May 17-18, 2007 Palms Casino Resort Las Vegas, NV
The overall market is down, B&C defaults seem to be climbing, and Congress wants to take a close look at any possible linkages between nonprime and predatory lending. With companies ceasing business operations, others merging and still becoming acquisition targets of Wall Street firms, this is if nothing else a volatile market full of uncertainty and opportunity. This reflects the capital markets continuing interest in nonprime, and consumers continuing need for special features that enable many previously locked-out borrowers to become homeowners.
The current challenges and potential rewards that coexist right now make a compelling case for you to stay up to speed on this important sector of the mortgage market!
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Wednesday, May 16, 2007
12:00 PM - 3:00 PM
N
EW
P
RE
-C
ONFERENCE
W
ORKSHOP
Roadmap of a Real Mortgage Fraud
Case Study From Detection to Conviction
Follow the twists and turns of a real FBI mortgage fraud case through discovery, investigation and conviction. Hear from one lender involved and the FBI on a road that includes stops for identity theft, falsified documents, warehouse kiting, fraudulent appraisals, paid strawbuys and more! Participate in ideas on how to prevent this from happening to you!
Moderator:
Jeff Taylor
Founder
DIGITAL RISK LLC
Speakers:
Cheryl Howe
Senior Vice President, Quality Control
AURORA LOAN SERVICES
Bill Stern ( invited )
Supervisory Special Agent
FEDERAL BUREAU OF
INVESTIGATION
Pre-Conference Workshop fee is $145. All participants must be registered conference attendees.
Thursday, May 17, 2007
7:00 AM - 7:45 AM
Registration & Continental
Breakfast in Exhibit Hall
10:00 AM - 10:30 AM
Morning Refreshment & Networking
Break in Exhibit Hall
7:45 AM - 8:00 AM
Chairman’s Welcoming Remarks
Mark Fogarty
Group Editorial Director
NATIONAL MORTGAGE NEWS /
MORTGAGE TECHNOLOGY
8:00 AM - 9:00 AM
Keynote Panel
The Secondary Market:
Wall Street’s Take on Nonprime
- Loan buybacks
- Mergers and acquisitions
- Tightening screws while dictating
stronger underwriting guidelines
- Vertical integration
- Investors’ tolerance
- Securitization
Moderator:
Scott Samlin ( invited )
Executive Director
MORGAN STANLEY
Panelists:
Matt Nichols
Vice President
GOLDMAN SACHS & CO.
Jon Voigtman ( invited )
Managing Director
HSBC
9:00 AM - 10:00 AM
Non-Traditional Products: Can They
Survive Performance, Regulatory and Market Pressures?
- Stated income loans
- Inter-agency guidelines
- How to show reasonable
probability of the
borrower’s ability to pay
- How do you protect mortgage
bankers and the bank from risk?
- The need for financial education
- Tightening up on guidelines to
prevent early defaults
Moderator:
Bill Yontz
Senior Vice President, Responsible & Ethical
Practices, Compliance
COUNTRYWIDE
Panelists:
Kevin Melilli
Senior Mortgage Banker
FIRST FIDELITY
FINANCIAL CORPORATION
Felicia A. Rotellini
Superintendent of Financial Institutions
ARIZONA DEPARTMENT OF
FINANCIAL INSTITUTIONS
Sandra L. Thompson
Director, Division of Supervision of
Consumer Protection
FEDERAL DEPOSIT INSURANCE
CORPORATION
10:30 AM - 11:30 AM
Mortgage Fraud: Protecting the
Integrity of the Mortgage
Loan & Your Institution
This panel will address how to detect, prevent and combat mortgage fraud. You will learn practical skills and techniques to help you fully understand the different types of mortgage fraud and the steps you need to take to minimize the risk of losses.
Moderator:
Bob Simpson
President
IMARC
Panelists:
Susan Eckhardt
Larry Goebel
Vice President, Chief Security Officer
NEW CENTURY FINANCIAL
CORPORATION
Merle Sharick
AVP Manager, CPS Mortgage/Real Estate
Business Development
MARI
11:30 AM – 12:30 PM
Leading Mortgage Servicers Through
Turbulent Times
With new products taking hold of the market, and origination volumes slowing down, servicers have a lot to keep on eye on these days. This panel of experts will address the increased pressures servicers are under, along with how to deal with rising delinquencies and defaults and maximize profits in today’s challenging environment.
Moderator:
Rick Glass
Managing Partner
R.T. GLASS & ASSOCIATES
Panelists:
John Berens
Senior Vice President, Servicing
WAMU
Diane Pendley
Managing Director, Operational Risk Group,
Structured Finance
FITCH RATINGS
Teji Singh
Chief Servicing Officer
OPTION ONE MORTGAGE
CORPORATION
John Vella
President & Chief Executive Officer
EMC MORTGAGE CORPORATION
12:30 PM - 1:15 PM
Lunch for Participants, Speakers &
Sponsors
1:15 PM - 1:45 PM
Dessert & Afternoon Networking
Break in Exhibit Hall www.sourcemediaconferences.com/SLS07 800.803.3424 212.803.6093

1:45 PM - 2:45 PM
Regulatory & Compliance Issues
- Fair lending
- Best practices
- Due diligence
Moderator:
Kris Kully
Associate
K&L GATES LLP
Panelists:
Karen Cornell
Senior Vice President
LEHMAN BROTHERS
Ann Jaedicke
Deputy Comptroller for Compliance Policy
OFFICE OF THE COMPTROLLER OF THE
CURRENCY
Lynn Mesuk
Managing Director
BEAR STEARNS
2:45 PM - 3:30 PM
Combining Prime & Nonprime Origination to
Better Compete
Contrary to popular belief, nonprime as a separate business is not going away. The companies that survive this current down turn will not do any true nonprime because it’s not efficient to process. True nonprime will actually become profitable again because of the lack of competition for this product.
This session will address what current nonprime originators must do to reduce their costs to produce to be as low as current Alt-A originators, or shrink to adjust to the size of the true nonprime market.
Moderator:
Brenda White
Managing Director
DELOITTE & TOUCHE CORPORATION
Panelists:
Raymond Eshaghian
Chairman & Chief Executive Officer
THE MORTGAGE STORE FINANCIAL, INC.
Marc Geredes
President & Chief Executive Officer
LOWNHOME FINANCIAL HOLDINGS LLC
3:30 PM - 3:45 PM
Afternoon Networking Break in Exhibit Hall
3:45 PM - 4:45 PM
Been There, Done That: How Far (Or Not)
Nonprime Has Come
These long-serving nonprime industry professionals will take a look at the turnmoil of the last six months, putting into context what has happened and what is likely to happen.
Moderator:
Neil Morse
Industry Consultant
MORSE COMMUNICATIONS
Panelists:
Fred Baldwin
Cheif Executive Officer
LIME FINANCIAL SERVICES, LTD.
Therese G. Franzen
Partner
FRANZEN & SALZANO, P.C.
Steven Nadon
President & Chief Operating Officer
OPTION ONE MORTGAGE CORPORATION
Patrick White
Chief Executive Officer
LIBERTY AMERICAN MORTGAGE
CORPORATION
4:45 PM - 5:30 PM
Warehouse Lending & Correspondent Lenders:
The Cowboys of the Mortgage Frontier
- What do warehouse lenders look
for when underwriting warehouse lines
initially and on-going?
- How to effectively plan the process change
to maximize the benefits of your own
warehouse line
- Building a solid relationship with your
warehouse lender based on your
business model
- Knowing your investors expectations and
accountability as well as your warehouse
lenders - how will this impact your process
and profitability?
Moderator:
Christopher Rumbos
President & Chief Executive Officer
LEND SELECT MORTGAGE
Panelists:
Wendy Landis
Assistant Vice President
Correspondent Operations Manager
WMC DIRECT, A GE MONEY BANK COMPANY
Ken Logan
Executive Vice President & Chief Operating Officer
WAREHOUSE USA CAPITAL CORP.
5:30 PM - 7:00 PM
Networking Reception in Exhibit Hall
Friday, May 18, 2007
7:30 AM - 8:00 AM
Continental Breakfast in Exhibit Hall
8:00 AM - 8:15 AM
Chairman’s Recap of Day One
8:15 AM - 9:00 AM
Keynote Address
The Outlook for Mortgage Lending --
Prime & Nonprime: An Economist’s Perspective
Mr. Berson will address what the economic and noneconomic factors are that are influencing the housing and mortgage markets, and how they will change in the coming year. Questions he will address include:
- Is the housing downturn over?
- What will happen to home prices?
- How have the mortgage markets
changes in recent years? What
will it look like going forward?
David W. Berson
Vice President & Chief Economist
FANNIE MAE
9:00 AM - 9:45 AM
Technology
- How the Internet will continue to affect how consumers do business with mortgage bankers, regardless of loan type
- Where are consumers migrating?
- What attracts them?
- Lead generation
- Where are our customers?
- How are they getting information?
- How have their buying patterns changed?
Panelists:
Michael Ferree
Lead Analytic Manager
LEI FINANCIAL
Danna Gabardy
Executive Vice President, Chief Marketing Officer
HOME CAPITAL INC.
David Matthews
Senior Vice President & Chief Information Officer
FEDERAL HOME LOAN BANK OF CHICAGO
Owen McCumber
Vice President of Marketing
LOW.COM
Matthew Stasior
Vice President & Chief Strategy Officer
NATIONWIDE LENDING CORPORATION
9:45 AM - 10:15 AM
Morning Refreshment & Networking Break in
Exhibit Hall
10:15 AM - 11:00 AM
Emerging Markets
- Challenges we face as we expand into new
territories and under-served markets
- Military lending
Panelists:
John L. Culhane
Partner
BALLARD SPAHR
Allen Fishbein
Director
CONSUMER FEDERATION OF AMERICA
Timothy Sandos
President & Chief Executive Officer
NATIONAL ASSOCIATION OF HISPANIC
REAL ESTATE PROFESSIONALS
11:00 AM - 11:45 AM
Retail Marketing & Long-Term Loan
Performance
In this session learn how database marketing can mitigate credit risk and long-term loan performance through predictive modeling and marketing. Also hear how loan performance interlaced with retail marketing strategies can increase long-term loan performance.
Moderator:
Gene Devine
Senior Vice President
INTELLIDYN CORPORATION
Panelists:
Forrest Young
Vice President, Marketing
AEGIS LENDING CORPORATION
11:45 AM
Conference Concludes www.sourcemediaconferences.com/SLS07 800.803.3424 212.803.6093

The National Mortgage News Nonprime Lending Symposium is the industry’s premier content focused event! Attended by senior level mortgage bankers responsible for nonprime lending, no other program will combine our senior level attendees, expert speakers, peer networking, cutting edge content and solution providers. Our speakers and attendees are the decision makers you need to reach to promote your products and services.
For more information regarding sponsorship and exhibit opportunities, please contact Adam Dadich at 212-803-6089 or via email at adam.dadich@sourcemedia.com.
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