The Week Ahead, Feb. 7, 2022: Countdown to CREF22 and 3 Other Things to Know
Good morning and happy Monday! We are less than a week away the next big MBA event: CREF22, taking place Feb. 13-16 in San Diego. More about that and three other things to know this week:
First, CREF 22. The MBA Commercial Real Estate Finance/Multifamily Housing Convention & Expo is less than a week away, taking place Feb. 13-16 at the Manchester Grand Hyatt in San Diego.
Join us in person again at the largest commercial/multifamily industry event of the year. Sunny San Diego presents endless opportunities to network and secure deals for the coming year and beyond.
Keynote speakers include Academy Award-winning actress, dancer and Presidential Medal of Freedom recipient Rita Moreno; singer-songwriter and founder of Five for Fighting John Ondrasik (“Superman,” “100 Years,” “The Riddle“); MBA Chair Kristy Fercho and MBA President & CEO Robert Broeksmit, CMB.
And if you can’t make it in person, MBA NewsLink and MBA Commercial/Multifamily NewsLink will provide on-site coverage.
Don’t miss this must-attend event. For more information and to register, click here.
Second, MBA and Housing/Economic Reports. MBA stays busy with several reports this week, Wednesday Feb. 9, with its Weekly Mortgage Applications Survey (7:00 a.m. ET); with MBA Associate Vice President of Economic and Industry Forecasting Joel Kan providing analysis and commentary.
On Thursday, Feb. 10, MBA releases its quarterly National Delinquency Report (10:00 a.m.). MBA NewsLink will produce a special late morning issue on Thursday with the NDS results, along with commentary and analysis from MBA Vice President of Industry Analysis Marina Walsh, CMB.
The NDS, produced by MBA since 1953, covers 39 million loans on one- to four- unit residential properties. Loans surveyed are reported by more than 100 servicers, including independent mortgage companies and depositories such as large banks, community banks and credit unions.
Here are this week’s other scheduled housing/economic reports. MBA NewsLink will provide coverage of those marked in italics):
Tuesday: Trade Balance; Consumer Credit Panel
Wednesday: MBA Weekly Applications Survey; Wholesale Trade
Thursday: Consumer Price Index; Initial Claims
Friday: University of Michigan Consumer Surveys
Third, Congress. The House and Senate are in session this week; the Senate Banking Committee and the House Financial Services Committee each hold hearings of interest this week.
On Tuesday, Feb. 8, the House Financial Services Committee holds a virtual hearing on Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins. The hearing begins at 10:00 a.m. ET and can be accessed here.
On Wednesday, Feb. 9, the Senate Banking Committee holds a hearing on The Role that Community Development Financial Institutions and Minority Depository Institutions Serve in Supporting Communities. The hearing begins at 2:30 p.m. in Dirksen Senate Building room 538 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.
Fourth, Upcoming MBA Conferences. Here is a list of upcoming MBA conferences:
· Feb 13 – 16, 2022— Commercial/Multifamily Finance Convention and Expo
Manchester Grand Hyatt, San Diego
· Feb 22 – 25, 2022— Servicing Solutions Conference and Expo
Hyatt Regency Orlando
· Mar 6 – 9, 2022— Mid-Winter Housing Finance Conference 2022
Ritz-Carlton, Bachelor Gulch, Avon, Colo.
· Apr 11 – 14, 2022— Technology Solutions Conference and Expo 2022
The Bellagio Las Vegas
· Apr 25 – 26, 2022— State and Local Workshop 2022
Renaissance Washington, D.C.
· Apr 26 – 27, 2022— National Advocacy Conference 2022
Renaissance Washington, D.C.
· May 15 – 18, 2022— Secondary and Capital Markets Conference and Expo 2022
Marriott Marquis New York
· May 15 – 18, 2022— Commercial/Multifamily Housing Servicing and Technology Conference
JW Marriott Los Angeles L.A. LIVE
· May 22 – 25, 2022— Legal Issues and Regulatory Compliance Conference 2022
Intercontinental Miami
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!