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Loan Participations: Understanding & Succeeding in the Marketplace

Loan Participations: Understanding & Succeeding in the Marketplace

  • $79.00


TUESDAY, SEPT. 19 

9am Hawaii/12 noon PST/1pm MT/2pm CT/3pm EST

Loan Participations: Understanding & Succeeding in the Marketplace

In this webinar, we are going to learn how to purchase and effectively manage loan participations with two industry experts.

TOPICS

Purchasing
Ian Lampl, CEO at LoanStreet Inc., will walk you through the entire loan participation Purchasing Process. LoanStreet enables the efficient participation of any sized loan or pool of loans. For buyers, LoanStreet offers a broad and efficient platform to invest in a wide array of different loan opportunities.

Balance Sheet Management/Simulation Requirements
Dr. Randy Thompson, CEO of TCT Risk Solutions, will address how to effectively place and manage a loan participation on the balance sheet and will discuss the liquidity and IRR associated with loan participations. Randy will also show us how to comply with NCUA’s requirements on simulations for purchasing loan participations. 

 

TAKEAWAYS

Iam Lampl will cover...

  • Brief overview of loan participation regulations
  • How to read an initial deal sheet 
  • How to conduct due diligence
  • How to understand your monthly reporting  
Randy Thompson will cover...
  • IRR regulatory expectations related to loan participations
  • Methods to project IRR 
  • Applications of income simulations to loan participations
  • Simulating impact of loan participations on IRR and earnings

     

    WHO SHOULD ATTEND

    • CEO’s/CFO’s/Lending Staff of small, mid-sized and large CUs wishing to learn about LoanStreet’s purchasing platform.
       
    • BOARD MEMBERS of small to mid-sized CUs needing a more comprehensive understanding of the loan participation process.

    If you are interested in raising liquidity by selling loans through LoanStreet, we can set up individual one-on-one meetings. Please contact arapp@virtualcorps.com or call 406-315-2809.


    LIVE DATE: September 19, 2017 | 1:00pm MST

    About the Presenters

    Randy Thompson

    TCT Risk Solutions CEO / Founder

    andy C. Thompson, Ph.D. is the CEO and founder of TCT, Risk Solutions, LLC a credit union CUSO.  He has consulted with Credit Unions for the past 31 years.  He holds advanced degrees (Ph.D. and MBA) in Finance, Statistics and Economics and has taught graduate courses in statistics at several Universities in the western United States.  He has been a frequent speaker at League and Association meetings across the United States and has authored papers and articles for Credit Union trade journals and for the multiple credit unions leagues and associations.  He is the creator of the CostPro loan and deposit pricing Suite, the CostPro Earnings and Risk ALM Simulation Model and comprehensive Credit Risk Management Suite with CECL application.

    Dr. Thompson has delivered training on loan and deposit pricing, ALM, and credit migration and ALLL to federal and state examiners in six western states. He was awarded the Kim Bannon Eternal Flame Award by California/Nevada Credit Union League in 2013 for service to credit unions in 2013.  He is the father of 12 children and grandfather to 29 grandchildren.  He is a private pilot and an avid biker.   

    Ian Lampl

    LoanStree Inc. CEO / Co-Founder

    Ian Lampl, is the Co-Founder & CEO of LoanStreet Inc., an innovative loan participation platform.  Ian has been hosted by the NCUA on multiple webinars regarding loan participations.  Prior to starting LoanStreet, Ian served as Deputy Chief Counsel for the Office of Financial Stability, which implemented the Troubled Asset Relief Program – TARP – for the United States Department of the Treasury. While at Treasury, Ian developed and managed a number of the Treasury programs, including the credit union program, the Community Development Capital Initiative (CDCI), to stem the financial crisis and received the Treasury Secretary's honor award for his exemplary public service.

    Before joining Treasury, Ian was an attorney at Cravath, Swaine & Moore LLP where he focused on commercial lending and securities offerings. He graduated with honors from the University of Chicago Law School where he was a published member of the University of Chicago Law Review and graduated with honors from Princeton University with a B.S.E. in Electrical Engineering.