The Week Ahead, Dec. 5, 2022: What You Need to Know

Good morning, and happy Monday! Lots happening before the holidays; let’s jump right in:

First MBA Reports. MBA releases its third quarter Commercial/Multifamily Delinquency Report this Tuesday, Dec. 6, with commentary and analysis from MBA Head of Commercial/Multifamily Research and Economics Jamie Woodwell.

MBA releases its monthly Mortgage Credit Availability Index this Thursday, Dec. 8, with commentary and analysis from MBA Vice President and Deputy Chief Economist Joel Kan.

On Wednesday, Dec. 7, MBA releases its MBA Weekly Applications Survey, with Kan providing commentary and analysis.

Second, Other Economic Reports. Here’s this week’s other economic/housing reports; those MBA NewsLink will cover are in italics:

Monday: Institute for Supply Management Non-Manufacturing Report; ISM Services; Manufacturing, Shipments and Orders

Tuesday: CoreLogic Home Price Indices; Trade Balance

Wednesday: MBA Weekly Applications Survey; Productivity and Costs

Thursday: MBA Mortgage Credit Availability Index; Initial Claims;

Friday: University of Michigan Consumer Survey (preliminary)

Third, Congress. As the 117th Congress hurtles toward its final adjournment (both the House and Senate scheduled to adjourn Dec. 22), it still has several key issues to resolve: funding for Fiscal 2023 and several bills of interest affecting the real estate finance industry.

The MBA Mortgage Action Alliance last week issued a Call to Action, urging its members to contact their members of Congress in support of bipartisan, bicameral legislation designed to improve, expand, and create tax credit programs that increase affordable housing supply for renters, homeowners and buyers.

The Affordable Housing Credit Improvement Act (S. 1136 in the Senate and H.R. 2573 in the House) is legislation is designed to expand and strengthen the Low-Income Housing Tax Credit to address the nationwide affordable housing shortage by building more than two million new affordable rental housing units over the next decade and ensuring the program better serves a variety of at-risk and underserved communities.

Additionally, the Neighborhood Homes Investment Act (S. 98 in the Senate and H.R. 2143 in the House provides a tax credit (modeled after the LIHTC program) to rehabilitate blighted single-family homes, revitalize neighborhoods across America, and increase the supply of affordable, entry level homes.

Neither the Senate Banking Committee nor the House Financial Services Committee has hearings scheduled the rest of this month.

For more information about the House and Senate, visit and, respectively. For more information about upcoming hearings in the Senate Banking Committee, click For more information about upcoming hearings in the House Financial Services Committee, click

Fourth, MBA Conferences. Here’s a list of upcoming MBA conferences:

Jan. 23-26, 2023: MBA Independent Mortgage Bankers Conference, Coronado, Calif. For more information, click here.

Feb. 12-15, 2023: CREF 2023, San Diego. For more information, click here.

Feb. 21-24, 2023: MBA Servicing Solutions Conference & Expo, Orlando. For more information, click here.

Apr. 17-18, 2023: MBA State & Local Workshop, Washington, D.C. For more information, click here.

Apr. 18-19, 2023: MBA National Advocacy Conference, Washington, D.C. Fore more information, click here.

May 9-12, 2023: MBA Commercial/Multifamily Housing Servicing and Technology Conference, Chicago. For more information, click here.

May 21-24, 2023: MBA Secondary and Capital Markets Conference & Expo, New York. For more information, click here.

For more information, click the links above or visit

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

Enjoy the week!