The Week Ahead, Apr. 25, 2022: MBA National Advocacy Conference and 4 Other Things to Know
Good morning and happy Monday! Here’s what’s happening in the real estate finance world this week:
First, the MBA State & Local Workshop is underway, running through tomorrow, Apr. 26 at Renaissance Downtown Hotel here in Washington, D.C.
National Advocacy Conference is just about a week away, preceded by the annual. The State & Local Workshop is a unique opportunity for leaders and key stakeholders of state and local associations to gather and pool their talents, share ideas and compare lessons learned with each other and the national association.
This year’s program, developed with your input, will give attendees opportunities to discuss the operational needs and challenges facing industry associations as well as updates on the latest state issues and trends.
And the State & Local Workshop is just the warmup for the MBA National Advocacy Conference, which runs Tuesday and Wednesday, also at the Renaissance Downtown Hotel. NAC is the largest in-person advocacy event of the year focused solely on the issues facing you and the real estate finance industry. When we work together, we get results. Get ready to listen, learn and advocate.
Featured speakers include Senate Banking Committee Chairman Sherrod Brown, D-Ohio; Rep. Tom Emmer, R-Minn.; and Margaret Brennan, moderator of CBS News’ Face the Nation.
MBA NewsLink will provide on-site coverage this week; look for several special announcements at NAC.
Now, here’s what else is happening this week:
Second, MBA Reports. The MBA Weekly Applications Survey comes out this Wednesday, Apr. 27 (8:00 a.m. ET), with commentary and analysis from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan.
Third, Other Housing/Economic Reports. More housing reports are on this week’s agenda, including the S&P CoreLogic Case-Shiller House Price Indices; New Home Sales; and Pending Home Sales. See below for this week’s reports; those that MBA NewsLink will cover are in boldface:
Monday: Chicago Fed National Activity Index; Dallas Fed Manufacturing Survey
Tuesday: S&P CoreLogic Case-Shiller Home Price Indices; New Residential Sales; Consumer Confidence; Advance Durable Goods; Philadelphia Fed Non-Manufacturing Survey; Richmond Fed Survey
Wednesday: MBA Weekly Application Survey; Pending Home Sales Index; Advance International Trade in Goods
Thursday: Initial Claims; Gross Domestic Product
Friday: Employment Cost Index; Personal Income/PCE Deflator; University of Michigan Consumer Survey (final)
Fourth, Congress. The House and Senate are back from their annual spring recess and aren’t wasting any time getting back down to business.
Consumer Financial Protection Bureau Director Rohit Chopra makes the rounds this week to deliver the Bureau’s Semi-Annual Report to Congress. Chopra appears first before the Senate Banking Committee on Tuesday, Apr. 26 at 10:00 a.m. ET in Dirksen Senate Office Building room 538.
Ahead of Chopra’s testimony, the Banking Committee will consider several Treasury Department nominees: Ventris Gibson as Director of the Mint; and Paul Rosen as Assistant Secretary for Investment Security.
The hearing can be accessed online here.
On Wednesday, Apr. 27, Chopra repeats the show before the House Financial Services Committee. That hearing begins at 10:00 a.m. ET in Rayburn House Office Building room 2128 and can be accessed online here.
Also this week, the Senate Banking subcommittee on Economic Policy holds a hearing on Child Care and Other Policy Tools to Combat Bottlenecks and Inflation. The hearing takes place Tuesday, Apr. 26 at 2:30 p.m. in Dirksen 538 and can be accessed online here.
Back on the House side, the Financial Services Committee holds a hearing on Thursday, Apr. 28 on Oversight of the Financial Crimes Enforcement Network. The hearing begins at 10:00 a.m. ET in 2128 Rayburn and can be accessed online here.
Also on Thursday, the Financial Services Committee holds a hearing on What’s in Your Digital Wallet? A Review of Recent Trends in Mobile Banking and Payments. The hearing begins at 2:00 p.m. ET in 2128 Rayburn and can be accessed online here.
For more information about the House and Senate, visit www.house.gov and www.senate.gov, respectively. For more information about upcoming hearings in the Senate Banking Committee, click https://www.banking.senate.gov/hearings. For more information about upcoming hearings in the House Financial Services Committee, click https://financialservices.house.gov/calendar/?EventTypeID=577&Congress=117.
Fifth, Upcoming MBA Conferences. Here is a list of upcoming MBA conferences:
Apr. 25-26: MBA State & Local Workshop, Renaissance Hotel Downtown, Washington, D.C.
Apr. 26-27: MBA National Advocacy Conference, Renaissance Hotel Downtown, Washington, D.C.
May 15-18: MBA Secondary and Capital Markets Conference & Expo, Marriott Marquis, New York
May 15-18: MBA Commercial/Multifamily Housing Servicing & Technology Conference, JW Marriott L.A. LIVE, Los Angeles
May 22-25: MBA Legal Issues and Regulatory Compliance Conference, Intercontinental Miami
June 6-9: MISMO Spring Summit, Charleston, S.C.
June 12-15: MBA Chairman’s Conference, Carlsbad, Calif.
June 15-16: MBA CREF Market Intelligence Symposium, Online
June 22-23: MBA Single-Family Research & Economics Showcase, Online
September 8-9: MBA Human Resources Symposium 2022, Hilton Arlington, Va.
Sept. 11-13: MBA Risk Management, QA and Fraud Prevention Forum, Grand Hyatt Nashville
Sept.15-17: NAMMBA Connect 2022, Orlando, Fla.
Sept. 18-20: MBA Regulatory Compliance Conference, Grand Hyatt Washington, D.C.
Oct. 22: mPowering You: MBA’s Summit for Women in Real Estate Finance, Music City Center Nashville
Oct. 23-26: MBA Annual Convention and Expo, Music City Center Nashville
Nov. 8-10: MBA Accounting and Financial Management Conference, JW Marriott Phoenix Desert Ridge Resort & Spa Phoenix
For more information, click the links above or visit https://www.mba.org/conferences-and-education/conferences-and-meetings.
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/.
Enjoy the week!