eShow Guide Quote: Oct. 9, 2023

“I think every industry probably needs a way for people–especially women, people of color or anybody who feels that they have struggled a little bit to make connections and find their spot–to get a community that helps navigate all the successes and challenges we all face in the workplace.”
–MBA Chief Operating Officer Marcia Davies, discussing MBA’s mPower Initiative.

Quote: Oct. 9, 2023

“This [employment] report certainly surprised the market, which had been expecting a slowdown and longer-term rates jumped in response. Mortgage rates will follow, which will likely mean that lending activity, which was already at a multi-decade low, is not going to pick up anytime soon.”
–MBA Senior Vice President and Chief Economist Mike Fratantoni

mPower Aims to Continue to Inspire in Philadelphia

The Mortgage Bankers Association’s mPower initiative–MBA Promoting Opportunities for Women to Extend their Reach–was created after MBA Chief Operating Officer Marcia Davies noticed something that surprised her: more and more women were attending industry events, but they just didn’t seem to know each other the way many male attendees did.

Sponsored Content from FICS: FICS Celebrates 40 Years of Excellence in Mortgage Software: A Journey of Innovation and Resilience.

If you think back to 1983, it was a completely different world. Mortgage rates were above 13%, and 1983 is considered the official birthday of the Internet because of the new protocol called TCP/IP. That year, FICS® (Financial Industry Computer Systems, Inc.) was born when its founders created the first version of Mortgage Servicer®.

ConcertMBA Presents: Tim McGraw

Fresh off his announcement that Tim McGraw is headlining his 2024 “Standing Room Only Tour,” the three-time Grammy Award-winning star will take the Concert MBA stage at MBA’s Annual Convention & Expo (MBA Annual23) in Philadelphia on Tuesday, October 17.