The Week Ahead Sept. 13, 2021: Five Things to Watch
Good morning! Welcome to another busy week for the real estate finance industry. Here are Five things to watch for this week:
First, MBA Conferences are Back! The Mortgage Bankers Association’s fall conference schedule is underway—and for the first time since the coronavirus pandemic, they are once again live and in person.
The MBA Regulatory Compliance Conference is currently underway here in Washington, running through Tuesday, Sept. 14. MBA President and CEO Robert Broeksmit, CMB, will deliver a keynote address this morning, which we will cover in the Tuesday, Sept. 14 edition of MBA NewsLink.
The MBA Regulatory Compliance Conference provides mortgage compliance professionals, including inside and outside counsel, with the very latest updates on regulatory developments. For more information, click here.
Second, Congress. The House and Senate continue work this week on a number of outstanding issues, such as the massive Biden Administration-supported infrastructure bill and budget/spending bills for fiscal 2022. The bills are now in the vote-counting stage, as leaders in both parties and in both chambers “whip” fellow legislators into support—or compromise.
The Senate Banking Committee welcomes Securities and Exchange Commission Chair Gary Gensler this Tuesday, Sept. 14 for a hearing, “Oversight of the U.S. Securities and Exchange Commission.” The hearing begins at 10:00 a.m. ET in 538 Dirksen Senate Office Building and can be accessed online here.
The House Financial Services Committee does not have hearings scheduled this week but has a full slate of hearing on tap beginning Sept. 21. For more information, click here.
Looking ahead, the Federal Open Market Committee will hold its regularly scheduled policy meeting on Sept. 21-22.
Third, MBA kicks off another busy week of reports. The MBA weekly Forbearance & Call Volume Survey comes out this afternoon at 4:00 p.m. ET. MBA Chief Economist Mike Fratantoni will provide analysis and commentary in Tuesday’s MBA NewsLink.
MBA also releases its Weekly Mortgage Applications Survey this Wednesday, Sept. 15, with commentary and analysis from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan. On Thursday, Sept. 16, MBA will (tentatively) release its monthly Builder Applications Survey, with Kan providing commentary and analysis as well.
Fourth, Economic Reports. This week’s economic reports include the Consumer Price Index (Tuesday); the Empire State Manufacturing Survey (Wednesday); Imports/Exports (Wednesday); Industrial Production/Capacity Utilization (Wednesday); Advance Retail Sales (Thursday); Initial Claims (Thursday); Philadelphia Fed Manufacturing Survey (Thursday); Business Inventories (Thursday): and the preliminary University of Michigan Consumer Surveys (Friday).
Fifth, MBA Conferences. The MBA Risk Management, QA and Fraud Prevention Forum, taking place through MBA Live Sept. 28-29, is the largest annual event for mortgage professionals in the risk, quality control, underwriting and fraud prevention divisions of residential mortgage firms across the country. For more information and to register, click here.
mPowering You, MBA’s Summit for Women in Real Estate Finance, takes place Saturday, Oct. 16 at the San Diego Convention Center just ahead of the MBA Annual Convention & Expo (Oct. 17-20). mPower (MBA Promoting Opportunities for Women to Extend their Reach) is the largest networking organization for women in real estate finance. For more information and to register, click here.
And of course, the crown jewel of the MBA fall meeting schedule is the MBA Annual Convention & Expo, which takes place Oct. 17-20 at the San Diego Convention Center.
Keynote speakers include New York Times best-selling authors Malcolm Gladwell and Brad Meltzer; Academy Award- and Presidential Medal of Freedom Award-winning actress Rita Moreno; Teresa Bryce Bazemore, President & CEO of the Federal Home Loan Bank of San Francisco; Sandra Thompson, Acting Director of the Federal Housing Finance Agency; Fannie Mae CEO Michael DeVito; Freddie Mac CEO Hugh Frater; MBA President & CEO Robert Broeksmit, CMB; outgoing MBA Chairman Susan Stewart; incoming MBA Chairman Kristy Fercho; MBA COO and mPower Founder Marcia Davies; MBA Chief Economist Mike Fratantoni; MBA Vice President of Industry Analysis Marina Walsh, CMB; and MBA Associate Vice President of Economic and Industry Forecasting Joel Kan.
The MBA Annual Convention & Expo is largest annual gathering of real estate finance professionals, this is the one event you need to gain access to the industry’s power players and innovators.
Be inspired and get informed by engaging speakers on the Main Stage; meet with hundreds of exhibitors in THE HUB and get hands-on access to the latest products and services; dive deep into Breakout Sessions to get the insight you need on all the facets of the business; connect with industry peers through unparalleled networking opportunities; Leave with actionable takeaways for future success.
For more information and to register for MBA ANNUAL 21, click here.
The fall conference schedule concludes with the MBA Accounting & Financial Management Conference, taking place Nov. 10-12 in Nashville. For more information, click here.
For information about other upcoming MBA conferences, click here.
For the most up-to-date information regarding legislative activity at the state and local level, visit the MBA State Legislative Database here.
For information about MBA Education events, visit http://www.mbaeducation.org.
For information about the National Association of Minority Mortgage Bankers of America (NAMMBA), visit https://www.nammba.org/.
Enjoy the week!
