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MIAC Adds Pipeline Management Expertise.(Brief Article)

Mortgage Servicing News

| February 01, 2002 | COPYRIGHT 2002 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MIAC, formally the Mortgage Industry Advisory Corp., has long been prominent as a hedging advisory firm for major mortgage servicers.

Last year, the company has just hired a key executive to help lead its expansion into the pipeline risk management business.

Rob Kessel joined MIAC as a senior vice president.

Mr. Kessel now co-heads MIAC's mortgage pipeline risk management advisory and software business with MIAC senior vice president Marc Felisky.

Prior to his association with MIAC, Mr. Kessel was senior vice president of risk management services for Tuttle Decision Systems. Mr. Kessel directed day-to-day risk management activities, including trading, research, performance reporting, product design and trade clearing operations. He was responsible for all risk management relationships and the suite of secondary marketing software and models that included pipeline risk management, price distribution and locking, rate shock, ...

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Source: HighBeam Research, MIAC Adds Pipeline Management Expertise.(Brief Article)

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