Registration, Breakfast & Networking
7:30 - 8:30 AM

The Reverse Mortgage Enters Maturity
8:30 - 8:50 AM
This presentation discusses the future of the reverse mortgage industry and how seniors will increasingly look toward reverse mortgages as a lifecycle funding tool that enables a financially secure retirement.
SPEAKER: STEVE BOLAND, Bank of America

Opportunities for Financial Advisors, Brokers & Agents: Innovative Post-Retirement Planning
8:55 - 9:45 AM
Financial planners and investment advisory professionals are incorporating reverse mortgages and life settlements into their client's post-retirement portfolios. This panel of experts explores innovative ideas for using these tools to ensure their client's post-retirement financial health.
MODERATOR: MIKE COBEN, Coventry
PANELISTS: TONY GARCIA, LibertyStreet Financial Group; BART JOHNSON, Life Stages Financial; PETER MAZONAS, Life Settlement Financial

An Overview of Home Equity Conversion Mortgages
9:50 - 10:50 AM
This panel gives an overview of the product features of the HECM reverse mortgage loan. Panelists discuss the history, development common misconceptions and recent changes to the industry. Panelists also look ahead and discuss future proprietary products and how they may affect the market.
MODERATOR: JASON LEVY, Guardian First Funding Group
PANELISTS: SHERRY APANAY, Generation Mortgage Company; CHERYL CHAPIN, Wells Fargo Home Mortgage; DENNIS HABER, Agency for Consumer Equity Mortgages; BRETT KIRKPATRICK, Mortgage Financial; RALPH ROSYNEK, 1st Reverse

The Housing & Economic Recovery Act: Implications for Reverse Mortgages and Your Business
11:15 - 12:15 PM
The Housing and Economic Recovery Act of 2008 has widespread implications for the reverse mortgage industry. This legislation strengthens and modernizes the regulation of Fannie Mae and Freddie Mac and the Federal Home Loan Banks. This panel discusses the revisions to reverse mortgages including loan limits, new usages for reverse mortgages, an overview of new fee structures, and the ban on cross selling restrictions. This panel explores the implications of this measure and explains what a financial planner or advisor can and can't do when selling this option to your clients.
MODERATOR: MICHAEL BANNER, LoanWell Financial Corporation
PANELISTS: ARTHUR AXELSON, Reed Smith; CRAIG CORN, MetLife Bank; LISA IANNINI, Genworth Financial Home Equity Access; JIM MILANO, Weiner Brodsky Sidman Kider

Protecting Your Client from Losing Public Benefits
12:20 - 12:50 PM
Reverse mortgage and life settlement recipients could be at risk of losing Supplementary Security Income or disability payments if their transactions are not properly structured. This panel explores the pitfalls associated with these products and offers some rules that should be observed to keep a recipient out of jeopardy.
SPEAKER: ED PITTOCK, Society of Certified Senior Advisors

Life Expectancy Underwriting: Understanding How Life Expectancy Tables Should Be Used
2:00 - 2:25 PM
Mortality assumptions are a significant factor in determining the policy value in life settlement transactions, and has been paramount to the success of that business. This presentation illustrates the evolving approach to developing life expectancy reports, and how incorporating them into reverse mortgages will yield better results by providing more dynamic cash flow projections and more accurate pricing to the market.
SPEAKER: MIKE FASANO, Fasano Associates

How You Can Profit from Life Settlements
2:30 - 3:20 PM
Financial planners are beginning to incorporate life settlement strategies into their practices, and many reverse mortgage brokers are exploring the product as part of their business plan. If you are just getting involved in the business, this panel provides you with everything you need to know about life settlements. Panelists discuss understanding the sale of policies, explaining the value proposition to policy holders, the roles of providers, brokers and lenders, along with pricing and due diligence.
MODERATOR: CRAIG SEITEL, Abacus Settlements 
PANELISTS: ZOHAR ELHANANI, Legacy Benefits; STEPHEN SHORROCK, Veris Settlement Partners; ROB STARK, Melville Capital

Tax Implications for Seniors
4:00 - 4:30 PM
The IRS currently treats reverse mortgage proceeds as loan advances rather than as taxable income. Your clients may encounter tax implications if the funds are used to purchase an annuity, or if the reverse funds are carried over from one month to the next. This presentation explores the many tax issues you should be aware of when structuring these transactions.
SPEAKER: VINCENT J. RUSSO, Vincent J. Russo & Associates

Consumer Protection Laws: Current Regulation & Best Practices
9:00 - 9:50 AM
Planners, agents and advisors active in consulting and brokering reverse mortgages and life settlements must comply with a host of state and federal regulations aimed at protecting consumers. This panel addresses the key issues and laws regulating these transactions, including cross-selling, commission and fee structures, marketing practices, and underwriting fraud.
MODERATOR: JIM CAVOLI, Life Settlement Insights
PANELISTS: BRIAN CASEY, Locke Lord Bissell & Liddell; CHUCK CROSS, Conference of State Bank Supervisors; ANDY DUNN, Wolters Kluwer; NANCY WEISSGOLD, K&L Gates

Longevity & Other Trends of the Aging Population
9:55 - 10:20 AM
This panel examines trends in home ownership, the reality of diminishing retirement investment value in the current market, and dissects data which points toward growth in both the reverse mortgage and life settlement markets.
SPEAKER: PETER KLEIN, Amtech Capital Corporation

Reverse Mortgages for Co-Ops
10:55 - 11:45 AM
New legislation has been signed that is intended to give older homeowners access to more of their home's equity, provide stricter consumer protection and offer co-op owners in New York the opportunity to apply for these loans. This presentation outlines the impact and benefits this will have on the market.
MODERATOR: MARIO MARTIRANO, Agency for Consumer Equity Mortgages
PANELISTS: BRYAN FITZPATRICK, Countrywide Financial; NEIL GARFINKEL, Abrams Garfinkel Margolis Bergson; VANESSA WHITE, MetLife Bank

The Emergence & Future of Reverse Equity Transactions
11:50 - 12:15 PM
Unprecedented aging and runaway government spending will only further deepen our current economic condition and drive seniors to find new ways to generate income. The capital markets will adopt these uncorrelated transactions, which will give birth to the global life markets. This presentation discusses the demographic and economic fundamentals behind a massive "boom" in "reverse equity transactions", such as reverse mortgages and life settlements, and ways investors can capitalize on them.
SPEAKER: VISHAAL BHUYAN, VB Bhuyan & Co.