The Week Ahead—Apr. 19, 2021
Good morning! The Mortgage Bankers Association’s Spring Conference & Expo is upon us!
Four conferences in one – designed for the times – MBA’s all-new Spring Conference & Expo: Independent Mortgage Banks, Secondary Markets, Servicing and Technology is your opportunity to get everything you look forward to at your favorite MBA event, plus even more content and connections.
Offered via MBA LIVE, an interactive virtual conference experience, this epic event allows you to hear from an unparalleled lineup of speakers on the Main Stage, dive deep into your specialty area and explore others, chat live with peers across the entire residential real estate finance industry and find innovative solutions from exhibitors in the virtual HUB.
Keynote speakers include HUD Secretary Marcia Fudge; business legend Gary Cohn; football player/coach Herman Edwards; Andre Perry, Senior Fellow with the Brookings Institution; journalist David Pogue; and Federal Housing Finance Agency Director Mark Calabria, as well as keynote addresses by MBA President & CEO Robert Broeksmit, CMB, and MBA Chair Susan Stewart and an mPower presentation by media trainer Ruth Sherman.
To register, click here. For more information, visit here. MBA NewsLink will provide coverage all week.
MBA this week releases its weekly Forbearance & Call Volume Survey this afternoon at 4:00 p.m. ET; and its Weekly Applications Survey on Wednesday, Apr. 21 (7:00 a.m. ET). MBA will also announce this year’s winners of the MBA NewsLink Tech All-Star Awards this week; look for profiles of this year’s five winners throughout the week.
Another busy week on Capitol Hill. The Senate Banking Committee holds a virtual hearing on Tuesday, Apr. 20 on An Economy that Works For Everyone: Investing in Rural Communities.
Witnesses include William J. (Bill) Bynum, Chief Executive Officer, HOPE (Hope Enterprise Corporation, Hope Credit Union, Hope Policy Institute); Stacy Mitchell, Co-Executive Director, Institute for Local Self-Reliance; Marcia Erickson, Chief Executive Officer, GROW South Dakota; Affie Ellis, Wyoming State Senator, District 8; and Kathleen Sgamma, President, Western Energy Alliance.
The hearing begins at 10:00 a.m. ET and can be accessed here.
On Thursday, Apr. 22, the Banking Committee holds a hearing on “21st Century Communities: Capitalizing on Opportunities in the Clean Energy Economy.”
Slated to testify: Ernest Moniz, President and CEO, Energy Futures Initiative; Khalil Shahyd, Senior Advisor, Natural Resources Defense Council; and Zoe Lipman, Director, Manufacturing and Advanced Transportation, BlueGreen Alliance.
The hearing begins at 10:00 a.m. ET and can be accessed online here.
The House Financial Services Committee will hold a hearing on Tuesday, Apr. 20 to mark up pending legislation. The hearing begins at 10:00 a.m. ET and can be accessed online here.
MBA Chief Economist Mike Fratantoni has a busy few weeks ahead. On Tuesday, Apr. 27, Fratantoni will participate in a virtual webinar sponsored by Sales Boomerang on “The Unforgiving Industry – What Can You Do to Catch the REFI & PURCHASE Double Wave.”
Joining Fratantoni will be Rob Chrisman, Capital Markets Consultant with Chrisman Inc.; and Alex Kutsishin, CEO of Sales Boomerang.
The webinar begins at 2:00 p.m. ET. Registration is free; to register, click https://hubs.ly/H0Lc4s20. For more information contact Richard Grieser, richard.g@salesboomerang.com.
On May 10, Fratantoni will join Aaron King, Founder and CEO of Snapdocs, for a Fireside Chat at 2:00 p.m. ET.
As mortgage lenders move on from an unprecedented year, many are asking “what’s next?” Join King and Fratantoni as they discuss how factors such as the state of the economy, the Federal Reserve’s policies, the housing supply and demographics driving purchase demand might impact lenders’ profitability over the next year. You’ll also hear examples of how lenders are adapting to these market changes. As we all learned in 2020, the future belongs to those who are ready for it.
Attendees will have an opportunity to submit questions when completing the registration process and during the live event. All registered attendees will receive the recorded session. For more information, click HERE.
Here are this week’s economic events/reports of interest:
Monday, Apr. 19: MBA Weekly Forbearance & Call Volume Survey
Tuesday, Apr. 20: MBA Spring Conference & Expo begins; Philadelphia Fed Non-Manufacturing Survey
Wednesday, Apr. 21: MBA Weekly Applications Survey; MBA Spring Conference & Expo continues;
Thursday, Apr. 22: MBA Spring Conference & Expo concludes; Initial Claims; Existing Home Sales; Chicago Fed National Activity Index
Friday, Apr. 23: New Residential Sales
For information about upcoming MBA conferences, click here. 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
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/.
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, at msorohan@mba.org; or Michael Tucker, Editorial Manager, at mtucker@mba.org.
