The Week Ahead—Feb. 16, 2021
Good morning! Welcome to another extraordinary week in The Nation’s Capital.
Washington, D.C. has been through another wringer—including an historic second impeachment trial (and second acquittal) of former President Donald Trump. In the aftermath, reports document meetings led by past Republican Party leaders to form a new political party, while Democrats explore legislative remedies to prevent Trump from holding public office again.
And it’s only February.
As Capitol Hill tries to regain some sense of normalcy, House and Senate committees begin their work in earnest this week. The Senate Banking Committee holds a hearing this Thursday, Feb. 18 on The Coronavirus Crisis: Paving the Way to An Equitable Recovery. The remote hearing begins at 11:00 a.m. ET and can be accessed online herettps://www.banking.senate.gov/hearings/the-coronavirus-crisis-paving-the-way-to-an-equitable-recovery.
The House Financial Services Committee gets into the swing of things as well—and jumps into the recent GameStop controversy with a hearing on Thursday, Feb. 18. The virtual hearing, Game Stopped? Who Wins and Loses When Short Sellers, Social Media and Retail Investors Collide, begins at noon ET and can be accessed online here.
It’s another busy week here at the Mortgage Bankers Association as well. Because of yesterday’s Presidents Day holiday, MBA releases its weekly Forbearance and Call Volume Survey today (Feb. 16) at 4:00 p.m. ET.; On Wed. Feb. 17, MBA releases its Weekly Applications Survey; on Thursday, Feb. 18, MBA releases its monthly Builder Applications Survey.
Here are this week’s economic events/reports of interest:
Tuesday, Feb. 16: MBA Weekly Forbearance & Call Volume Survey; Empire State Manufacturing Survey
Wednesday, Feb. 17: MBA Weekly Applications Survey; National Association of Home Builders/Wells Fargo Housing Market Index; Advance Retail Sales; Industrial Production/Capacity Utilization; Business Inventories;
Thursday, Feb. 18: MBA Builder Applications Survey; New Residential Construction; Initial Claims; Imports/Exports; Philadelphia Fed Manufacturing Survey
Friday, Feb. 19: Existing Home 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.
