The Week Ahead—June 8, 2021

Good morning! With the Memorial Day holiday a now-distant memory, summer is already around the corner.

But for now in Washington, it’s business as usual—at least as “usual” things can be in the pandemic era. Congress is in town, and the Mortgage Bankers Association is busy.

The MISMO Virtual Spring Summit gets underway this morning, running through Thursday, June 10. MISMO Summits allow you to network and collaborate with your industry colleagues while learning the latest updates on mortgage industry standards. Your participation helps make the digital future possible. For more information, click here.

MBA releases its weekly Forbearance & Call Volume Survey today. The survey has shown drops in loans in forbearance for 13 consecutive weeks, and odds are favorable that today’s report make it 14? The report comes out at 4:00 p.m. ET.

MBA also releases its Weekly Mortgage Applications Survey this Wednesday at 7:00 a.m. ET.

Other reports of interest this week: JOLTS (Job Openings and Labor Turnover Survey), Wednesday at 10:00 a.m. ET; Consumer Price Index (Thursday, 8:30 a.m. ET); Initial Claims (Thursday, 8:30 a.m. ET); and the University of Michigan Consumer Surveys (Friday, 10:00 a.m. ET).

On Capitol Hill this week, a couple of committee hearings of interest. The Senate Banking Committee holds a hearing on Wednesday, June 9 on “Building A Stronger Financial System: Opportunities of a Central Bank Digital Currency.” The remote hearing begins at 2:30 p.m. ET and can be accessed online here.

On the other side of the Capitol, the House Financial Services Committee holds a hearing on Wednesday, June 9 on “Universal Vouchers: Ending Homelessness and Expanding Economic Opportunity in America.” The remote hearing begins at noon ET and can be accessed online here.

Registration is now open for the MBA Annual Convention & Expo, taking place Oct. 17-20 at the San Diego Convention Center. The largest annual gathering of real estate finance professionals, this is the one event you need to gain access to the industry’s power players and innovators.

Be inspired and get informed by engaging speakers on the Main Stage; meet with hundreds of exhibitors in THE HUB and get hands-on access to the latest products and services; dive deep into Breakout Sessions to get the insight you need on all the facets of the business; connect with industry peers through unparalleled networking opportunities; Leave with actionable takeaways for future success.

For more information and to register for MBA ANNUAL 21, click here.

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 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 #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  

For information about the National Association of Minority Mortgage Bankers of America (NAMMBA), visit