The Week Ahead

SAN DIEGO–For the Mortgage Bankers Association, the action shifts from New Orleans following last week’s Independent Mortgage Bankers Conference, to the west coast for the MBA annual Commercial Real Estate Finance/Multifamily Housing Convention & Expo.

The Convention—the largest gathering of commercial real estate/multifamily housing executives in the nation—runs through Wednesday, Feb. 12 at the Manchester Grand Hyatt.

MBA NewsLink and MBA Commercial/Multifamily NewsLink will provide onsite coverage. For more information, click

The Mortgage Bankers Association releases its Weekly Applications Survey this Wednesday, Feb. 12. In addition, several MBA reports from CREF are already out: The MBA Year-End Commercial/Multifamily Servicer Rankings; the 4th Quarter Commercial/Multifamily Originations Report; and the 2020 MBA Survey of Loan Maturity Volumes. For more information, see today’s and tomorrow’s issues of MBA NewsLink and Thursday’s edition of MBA Commercial/Multifamily NewsLink.

On Capitol Hill this week, Federal Reserve Chairman Jerome Powell makes his rounds to deliver the semi-annual Monetary Policy and the State of the Economy report.

Powell appears before the House Financial Services Committee on Tuesday, Feb. 11 at 10:00 a.m. ET in Rayburn House Office Building room 2128. The hearing can be accessed online at

On Wednesday, Feb. 12, Powell appears before the Senate Banking Committee. The hearing begins at 10:00 a.m. ET in Dirksen Senate Office Building room 538 and can be accessed online at

Also this week, the Senate Banking Committee holds a hearing to consider several Trump Administration nominations (but not Brian Montgomery as HUD Deputy Secretary, who awaits a full Senate vote).

The committee will consider nominations of Jessie Liu to be Under Secretary for Terrorism and Financial Crimes with the Department of the Treasury; Judy Shelton and Christopher Waller as Members of the Board of Governors of the Federal Reserve System.  

The hearing takes place on Thursday, February 13 at 10:00 a.m. ET in 538 Dirksen and can be accessed online at

Back on the House side, the Financial Services Subcommittee on Diversity and Inclusion holds a hearing on Wednesday, Feb. 12 on A Review of Diversity and Inclusion at America’s Large Banks. The hearing begins at 10:00 a.m. ET in 2128 Rayburn and can be accessed online at

Also on Feb. 12, the Financial Services Task Force on Artificial Intelligence holds a hearing on Equitable Algorithms: Examining Ways to Reduce AI Bias in Financial Services. The hearing begins at 2:00 p.m. ET in 2128 Rayburn and can be accessed online at

Looking ahead, MBA offices will be closed on Monday, Feb. 17 in observance of the Presidents Day holiday. MBA NewsLink will not publish on Feb. 17. On behalf of MBA officers and staff, have a safe and happy holiday.

For the most up-to-date information regarding legislative activity at the state and local level, visit the MBA State Legislative Database at

For information about MBA Education events, visit  

For information about upcoming MBA conferences, visit

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

Upcoming Meetings/Events:

Feb. 9-12: MBA CREF/Multifamily Housing Convention & Expo, San Diego

Feb 11-14: MBA Education School of Mortgage Banking I, Washington, D.C.

Feb. 11: JOLTS (Job Openings & Labor Turnover Survey

Feb. 12: MBA Weekly Applications Survey

Feb. 13: MBA Builder Applications Survey (tentative)

Feb. 13: MBA Education Effective Internal Audit Function: Beyond the Basics Webinar

Feb. 13: Consumer Price Index

Feb. 14: Advance Retail Sales

Feb. 14: Imports/Exports

Feb. 14: Industrial Production/Capacity Utilization

Feb. 14: Business Inventories

Feb. 14: U. of Michigan Consumer Surveys (prelim)

Feb. 17: Presidents’ Day Holiday (MBA Offices Closed; MBA NewsLink will not publish)

Feb. 18: MBA Education CMF: Commercial Insurance Issues & Problems Webinar

Feb. 18: Empire State Manufacturing Survey

Feb. 18: National Association of Home Builders/Wells Fargo Housing Market Index

Feb. 19: MBA Weekly Applications Survey

Feb. 19-20: MBA Education School of Multifamily Property Inspections, Atlanta

Feb. 19-21: MBA Education School of Multifamily Mortgage Banking, Washington, D.C.

Feb. 19: New Residential Construction

Feb. 20: Philadelphia Fed Manufacturing Survey

Feb. 21: Existing Home Sales

Feb. 23-26: MBA Servicing Solutions Conference & Expo, Orlando

Feb. 23: MBA Education Foundational Concepts in Residential Mortgage Servicing, Orlando

Feb. 24: Chicago Fed National Activity Index

Feb. 24: Dallas Fed Manufacturing Survey

Feb. 25: MBA Education Ten Top Sales Tips for Originators in 2020 Webinar

Feb. 25: Philadelphia Fed Non-Manufacturing Survey

Feb. 25: S&P CoreLogic Case-Shiller Housing Price Indices

Feb. 25: Consumer Confidence

Feb. 25: Richmond Fed Survey

Feb. 26: MBA Weekly Applications Survey

Feb. 26: MBA Education REIT Universe 2020: Property & Markets Outlook Webinar

Feb. 26: New Residential Sales

Feb. 27: Advance Durable Goods

Feb. 27: Gross Domestic Product 2nd Release

Feb. 27: Pending Home Sales Index

Feb. 28: Personal Income/PCE Deflator

Feb. 28: U. of Michigan Consumer Surveys (final)

Mar. 8-11: MBA Mid-Winter Housing Finance Conference, Avon, Colo.

Mar. 17-18: Federal Open Market Committee

Mar. 29-Apr. 1: MBA Technology Solutions Conference & Expo, Los Angeles

Apr. 20-21: MBA State & Local Workshop, Washington, D.C.

Apr. 21-22: MBA National Advocacy Conference, Washington, D.C.

Apr. 23: MBA Capital Market Summit, New York

Apr. 28-29: Federal Open Market Committee

Apr. 29-30: MBA Commercial/Multifamily Human Resources Roundtable, Washington, D.C.

May 3-6: MBA Legal Issues & Regulatory Compliance Conference, New York

May 13-14: MBA Commercial/Multifamily Officer Roundtable, Washington, D.C.

May 17-20: MBA Secondary & Capital Markets Conference, New York

May 17-20: MBA Commercial/Multifamily Servicing & Technology Conference, New Orleans

May 25: Memorial Day Holiday (MBA Offices Closed; MBA NewsLink will not publish)

May 31-Jun. 2: MBA Chairman’s Conference, Newport Coast, Calif.

Jun. 9-10: Federal Open Market Committee

Jun. 25: MBA Document Custody Workshop, McLean, Va.

Jul. 3: Independence Day Holiday Observed (MBA Offices Closed; MBA NewsLink will not publish)

Jul. 4: Independence Day

Jul. 28-29: Federal Open Market Committee

Sep. 13-15: MBA Risk Management, Q/A & Fraud Prevention Forum, San Diego

Sep. 15-16: Federal Open Market Committee

Oct. 17: mPowering You: MBA’s Summit for Women in Real Estate Finance, Chicago

Oct. 18-21: MBA Annual Convention & Expo, Chicago

Nov. 4-5: Federal Open Market Committee

Dec. 15-16: Federal Open Market Committee