The Week Ahead
Good morning! Welcome to a short but busy week ahead of the Independence Day holiday.
This afternoon, the Mortgage Bankers Association releases its weekly Forbearance & Call Volume Report at 4:00 p.m. ET; MBA NewsLink will provide a special afternoon issue with the results.
On Wednesday, July 1, MBA releases its Weekly Applications Survey.
Despite the short week, both the House and Senate are in session. The Senate Banking Committee even has a hearing this Tuesday, June 30, on The Digitization of Money and Payments.
Scheduled to testify: J. Christopher Giancarlo, Senior Counsel with Willkie Farr & Gallagher LLP and former Chairman of the U.S. Commodity Futures Trading Commission; Charles Cascarilla, CEO and Co-Founder of Paxos; and Nakita Q. Cuttino, Visiting Assistant Professor of Law with the Duke University School of Law.
The hearing will take place remotely beginning at 10:00 a.m. ET and can be accessed online at https://www.banking.senate.gov/hearings/the-digitization-of-money-and-payments.
And in case you didn’t see it, announced all of its fall conferences—including the MBA Annual Convention & Expo—will take place online out of an abundance of caution stemming from the coronavirus pandemic.
Below is a list of MBA fall events to be held online via its new digital platform, MBA LIVE. (Please note that in most cases, dates have changed from the original schedule):
- MBA Risk Management, QA & Fraud Prevention Forum– September 15-16
- MBA Annual Convention & Expo – October 19-21
- MBA Regulatory Compliance Conference – November 4-5
- MBA Commercial/Multifamily Servicing & Technology Conference – November 17-18
- MBA Accounting and Financial Management Conference– December 2-3
- Document Custody Workshop – TBD
Launched this spring, MBA LIVE brings you dynamic keynotes and informative panel discussions you’ve come to rely on from MBA. We’ll be adding even more opportunities to engage with speakers, industry colleagues, and the many vendors and service providers that help keep your business moving forward. Visit mba.org/MBALIVE for the latest information on these events.
For the latest on how the coronavirus is affecting our industry, our health and our economy, visit the MBA Coronavirus Resource Center. And you can also visit the newly created members-only online network, MBA’s COVID-19 Residential Policy Community, at https://bit.ly/2QEVpUZ. #MBAWorkingForYou #MBACOVIDUpdates.
MBA offices will be closed this Friday, July 3 in observance of the Independence Day holiday. MBA NewsLink will not publish. On behalf of MBA officers and staff, have a safe and happy holiday. And remember–social distancing works for both the coronavirus and fireworks.
For the most up-to-date information regarding legislative activity at the state and local level, visit the MBA State Legislative Database at http://www.mortgagebankers.org/statelegislativedatabaselogin.htm.
For information about MBA Education events, visit http://www.mbaeducation.org.
For information about upcoming MBA conferences, visit http://www.mba.org/ConferencesEvents/Conferences.aspx.
If your company/association is an MBA member, we are happy to list conferences/events on the MBA NewsLink Upcoming Meetings/Events Calendar. Send your items to Mike Sorohan, editor, a msorohan@mba.org.
Upcoming Meetings/Events/Economic Reports:
Jun. 29: MBA Forbearance & Call Center Survey
Jun. 29: Pending Home Sales Index
Jun. 29: Dallas Fed Manufacturing Survey
Jun. 30: S&P CoreLogic Case-Shiller Home Price Indexes
Jun. 30: Consumer Confidence
Jul 1: MBA Weekly Applications Survey
Jul. 1: ADP National Employment Report
Jul. 1: Construction
Jul. 1: Institute for Supply Management Manufacturing Report
Jul. 2: Employment (one day early because of holiday)
Jul. 2: Initial Claims
Jul. 2: Trade Balance
Jul. 2: Manufacturing, Shipments & Orders
Jul. 3: Independence Day Holiday Observed (MBA Offices Closed; MBA NewsLink will not publish)
Jul. 4: Independence Day
Jul. 6: MBA Forbearance & Call Center Survey
Jul. 6: Institute for Supply Management Non-Manufacturing Index
Jul. 7: MBA Mortgage Credit Availability Index
Jul. 7-28: MBA Education Instructor-Guided Online Course—CRE Basics: Appraisal and the Three Approaches to Value
Jul. 7-30: MBA Education School of Mortgage Banking I, online
Jul. 7: CoreLogic Home Price Index
Jul. 7: JOLTS (Job Openings & Labor Turnover Survey)
Jul. 8: MBA Weekly Applications Survey
Jul. 8: MBA Education Webinar: Thriving and Surviving During COVID-19—Spotlight on Hotels
Jul. 8: MBA Education Webinar: VA Underwriting During COVID-19 and Beyond
Jul. 8: MBA Education Webinar: Underwriting Self-Employed Borrowers During COVID-19
Jul. 9: MBA Education Webinar: Protecting Your Profitability through Quality Conrol
Jul. 9: MBA Education Webinar: Servicing GSE Payment Deferrals
Jul. 9: Initial Claims
Jul. 9: Wholesale Trade
Jul. 13: MBA Forbearance & Call Center Survey
Jul. 13-27: MBA Education Introduction to Mortgage Banking
Jul. 13-23: MBA Education School of Mortgage Servicing
Jul. 13-28: MBA Education School of Multifamily Mortgage Banking, online
Jul. 13: MBA Education: Property Inspection and Due Diligence in COVID-19
Jul. 14: MBA Builder Applications Survey
Jul. 14: Consumer Price Index
Jul. 15: MBA Weekly Applications Survey
Jul. 15-16: MBA Education School of Multifamily Property Inspection, Los Angeles
Jul. 15: MBA Education Webinar: Legacy Pricing Won’t Save You in Lending’ New Normal
Jul. 15: Empire State Manufacturing Survey
Jul. 15: Imports/Exports
Jul. 15: Industrial Production/Capacity Utilization
Jul. 16: Initial Claims
Jul. 16: National Association of Home Builders/Wells Fargo Housing Market Index
Jul. 16: Advance Retail Sales
Jul. 16: Philadelphia Fed Manufacturing Survey
Jul. 16: Business Inventories
Jul 17: New Residential Construction
Jul. 17: U. of Michigan Consumer Surveys (prelim)
Jul. 20: MBA Forbearance & Call Center Survey
Jul. 21-24: MBA Education School of Mortgage Banking II, online
Jul. 21: Chicago Fed National Activity Index
Jul. 21: Philadelphia Fed Non-Manufacturing Survey
Jul. 22: MBA Weekly Applications Survey
Jul. 22: MBA Education Webinar: Mortgage Servicing and Subservicing Part I
Jul. 22: Existing Home Sales
Jul. 23-Aug. 13: MBA Education Instructor-Guided Online Course—CRE Basics: Intro to Commercial/Multifamily Loan Servicing
Jul. 23: Initial Claims
Jul. 24: New Residential Sales
Jul. 27: MBA Forbearance & Call Center Survey
Jul. 27: Advance Durable Goods
Jul. 27: Dallas Fed Manufacturing Survey
Jul. 28-29: Federal Open Market Committee
Jul. 28: Consumer Confidence
Jul. 28: S&P CoreLogic Case-Shiller Home Price Indices
Jul. 28: Richmond Fed Survey
Jul. 29: MBA Weekly Applications Survey
Jul. 29: MBA Education Webinar: Mortgage Servicing and Subservicing Part II
Jul. 29: Pending Home Sales Index
Jul. 30: Gross Domestic Product
Jul. 30: Initial Claims
Jul. 31: Employment Cost Index
Jul. 31: Personal Income/PCE Deflator
Jul. 31: U. of Michigan Consumer Surveys (final)
Aug. 3-27: MBA Education School of Loan Origination
Aug. 3-27: MBA School of Mortgage Banking I, online
Aug. 5: MBA Education Webinar: Improving Profitability with Mandatory Loan Sales
Aug. 11: MBA Education Webinar: Understand Alternative Documentation and Win More Business
Aug. 11: MBA Education Webinar: Understand Alternative Documentation & Win More Business
Aug. 17-27: MBA Education School of Multifamily Property Inspections, online
Aug. 20: MBA Education Webinar: Ensuring Data Quality & Compliance through the Loan Process
Aug. 24-Sep. 14: MBA Education CRE Basics—Property Inspection & Environmental Analysis
Aug. 25: MBA Education Webinar: Bank-Owned Mortgage Divisions—What Bankers Need to Know
Sep. 8-22: MBA Education Introduction to Mortgage Banking
Sep. 8-Oct. 1: MBA Education School of Mortgage Banking II, online
Sep. 8-29: MBA Education School of Mortgage Banking I, online
Sep. 9: MBA Education Webinar: Lending 2021—Will You Change the Way You Work to Compete?
Sep. 10: MBA Education Webinar: Budgeting and Financial Planning for Non-Believers
Sep. 11-Oct. 23: MBA Education Instructor-Guided Online Course—Commercial CMS Exam Prep Course
Sep. 14-24: MBA Education School of Multifamily Property Inspections, Online
Sep. 15-16: MBA Risk Management, Q/A & Fraud Prevention Forum, online (rescheduled from Sept. 13-15 in San Diego)
Sep. 15-16: Federal Open Market Committee
Sep. 16-Oct. 7: MBA Education CRE Basics: Underwriting Retail & Valuation
Sep. 17: MBA Education Webinar: CMF Policy Review & Boiler/Machinery Coverage Overview
Oct. 5-16: MBA Education School of Mortgage Servicing
Oct. 5-29: MBA Education School of Mortgage Banking I, online
Oct. 6-27: MBA Education CRE Basics, Borrower Credit & Financial Statement Analysis
Oct. 7: MBA Education Webinar: Mortgage Accounting I—Drilling into Mortgage Accounting
Oct. 14: MBA Education Webinar: Mortgage Accounting II—Loan Level Accounting
Oct. 17: mPowering You: MBA’s Summit for Women in Real Estate Finance, Chicago
Oct. 19-21: MBA Annual Convention & Expo, online
Oct. 21: MBA Education Webinar: Mortgage Accounting III—Hedging for Accountants
Oct. 26-Nov. 19: MBA Education School of Loan Origination
Nov. 2-19: MBA Education School of Multifamily Mortgage Banking, online
Nov. 3-24: MBA Education CRE Basics, Introduction to Commercial Real Estate online
Nov. 4-5, MBA Regulatory Compliance Conference, online
Nov. 4-5: MBA Education School of Multifamily Property Inspection, Dallas
Nov. 4: MBA Education Webinar: Mortgage Accounting IV—Hedge Accounting and GAAP Reporting
Nov. 4-5: Federal Open Market Committee
Nov. 10: MBA Education Webinar: CMF—Lender Placed Insurance
Nov. 12: MBA Education Webinar: Mortgage Accounting V—Cash Flow, MBS Prices & IRLC Value
Nov. 17-18: MBA Commercial/Multifamily Servicing & Technology Conference, online
Nov. 30-Dec. 21: MBA Education School of Mortgage Banking I, online
Dec. 1-22: MBA Education School of Mortgage Banking II, online
Dec. 2-3: MBA Accounting and Financial Management Conference, online
Dec. 15-16: Federal Open Market Committee
2021
Jan. 8-Feb. 19: MBA Education CMB Prep Course
Jan. 11-Feb. 4: MBA Education School of Mortgage Banking I, online
Jan. 11-Feb. 4: MBA Education School of Mortgage Banking II, online
Jan. 19-Feb. 11: MBA Education School of Loan Origination
Mar. 8-18: MBA Education School of Mortgage Servicing
Mar. 23-26: MBA Education School of Mortgage Banking III, Orange County, Calif.
May 11-14: MBA Education School of Mortgage Banking I, Kansas City
May 11-14: MBA Education School of Mortgage Banking II, Kansas City
