Secondary Market Trends and Opportunities

This session will explore best execution metrics and the revenue impact of mandatory delivery.   An overview of viable hedging strategies will also be reviewed.  Included will be a discussion of current trends in the secondary mortgage market and possible opportunities.

Peter Taglia, CPA, CMB, CGMA
Optimal Process Mortgage Solutions

Secondary Market Strategies


Peter Taglia's Bio


Optimal Process Mortgage Services


Mr. Taglia is a member of Optimal Process Mortgage Services, and the Investor & Major Account Liaison on behalf of FHN Financial Capital Assets Corporation (FHN). Previously, Mr. Tagliawas Senior Vice President of FHN, concentrating on loan sale / securitization strategies, asset backed structuring and portfolio analysis. Prior to that, Mr. Tagliawas the division manager of the Home Loan Center for Northern Trust Company, Chicago, responsible for all mortgage operations.  Additionally, in an administrative capacity, he was President and CEO of NT Mortgage Holdings LLC and NTG Services LLC, both wholly owned subsidiaries of Northern.



Mr. Taglia, has over 40 years of mortgage banking experience. He is Past President of the Illinois Mortgage Bankers Association (1996), and a frequent speaker for the MBA (Faculty Fellow, 1995 / Master Faculty, 1998 / MBA Lifetime Achievement Recipient, 2019). He is also a prior senior faculty member for the Freddie Mac School of Mortgage Finance and previously served as a member of the Illinois Residential Mortgage Board (State of Illinois - Office of Commissioner of Residential Finance), Fannie Mae’s Midwest Marketing Advisory Council, Chair of Alltel’s Secondary Functional Advisory Committee, Freddie Mac’s MidanetAdvisory Board, GMAC / RFC’s Eastern Advisory Council, and was the mortgage banking representative on MCAP (Federal Reserve Bank of Chicago). Mr. Tagliahas authored several articles for Secondary Marketing Executive, Futures Magazine, Futures Industry, and the Chicago Board of Trade. 



Mr. Taglia graduated from the University of Illinois (BS, Accounting, 1969, Chicago), and became a CPA in 1971.  He is also a 1994 MBA Graduate - School of Mortgage Banking, and achieved his CMB designation in 1995 and CGMA  in 2012.  Additionally, he was a participant in the 1998 London Business School’s MBA Graduate Shadowing Program.