Complete Conversion Solution (CCS)
Best Efforts to Mandatory
Hiring a secondary marketing executive and staff to implement a conversion strategy is often expensive, time consuming, and risky. Lack of industry expertise and staff turnover often leads to long delays or failed implementations. HedgeAdvisory can quickly deliver a conversion solution at a fraction of the cost, resulting in a greater return on investment for your organization.
In order to help clients realize significant revenue gains as quickly and efficiently as possible, HedgeAdvisory’s CCS includes the following:
Written Secondary Marketing Conversion Plan
Secondary Marketing Policies (e.g., Mortgage Risk, Rate Lock, Trade Desk)
Agency / Investor Negotiations
Data Conversion
Data Due Diligence
Technology Review and Recommendations
Accounting for Mortgage Banking Activities
Investors offer significant price enhancements to lenders who are willing to deliver loans via mandatory commitments. For example, Fannie Mae and Freddie Mac offer a 25bps to 35bps premium for investors selling via mandatory delivery and even greater price enhancements are available when selling to the conduits and loan aggregators.
HedgeAdvisory’s core mission is to provide a Complete Conversion Solution (CCS) for clients who wish to graduate from Best Efforts to Mandatory Delivery. We streamline and simplify the conversion process by pairing our industry leading hedge analytics technology, HedgeAdvisor®, with a client specific conversion plan to deliver positive outcomes. HedgeAdvisory works closely with clients to develop and implement a unique conversion strategy which is designed to preserve and enhance loan production efforts while increasing revenues.