The Week Ahead Jan. 10, 2022: Six Things to Know
Good morning and Happy Monday! Here are six things to know this week:
First, MBA January Conferences. The MISMO Winter Summit is underway, taking place Jan. 10-13 in Clearwater, Fla. MBA NewsLink will provide coverage of today’s sessions. For more information, click here.
The MBA Independent Mortgage Bankers Conference takes place Jan. 24-27 in Nashville, Tenn. IMB22 is the epicenter for IMBs of all sizes and models and their leadership teams. Hear new solutions, actionable advice, and the data and analytics you need to improve your bottom line. From in-person networking to peer-to-peer sharing – it’s all here. For more information and to register, click here.
And…the early registration deadline for the MBA Servicing Solutions Conference & Expo, taking place Feb. 22-25 in Orlando, is this Tuesday, Jan. 11. You can save more than $200 by registering before the deadline. For more information, click here.
Second, MBA Reports. MBA releases its monthly Mortgage Credit Availability Index this Tuesday, Jan. 11; MBA Associate Vice President of Economic and Industry Forecasting Joel Kan will provide analysis and commentary.
MBA also releases its Weekly Mortgage Applications Survey this Wednesday, Jan. 12, with Kan providing commentary and analysis.
Third, Housing & Economic Reports. Here are this week’s housing and economic report (those marked in bold indicate reports of which MBA NewsLink will provide coverage):
Monday: Wholesale Trade
Wednesday: Consumer Price Index
Thursday: Initial Claims
Friday: Advance Retail Sales; Imports/Exports; Industrial Production/Capacity Utilization; Business Inventories; University of Michigan Consumer Surveys (preliminary)
Fourth, Congress. The House joins the Senate this week in officially getting down to the business of the second session of the 117th Congress.
Focus this week in the Senate is on the Federal Reserve. The Senate Banking Committee meets this week to consider the Biden Administration’s nominations of Jerome Powell to serve a second term as Fed Chair and Lael Brainard as Fed Vice Chair.
Powell’s hearing takes place this Tuesday, Jan. 11 at 10:00 a.m. ET in Dirksen Senate Office Building Room 106; the hearing can be accessed online here.
Brainard’s hearing takes place Thursday, Jan. 13 at 10:00 a.m. ET in 106 Dirksen can 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, MBA Conferences. Here is a list of upcoming MBA Conferences:
Hyatt Regency Clearwater, Fla. Beach Resort and Spa
· Jan 10 – 13, 2022— MISMO Winter Summit 2022 – Monday Livestream and Virtual Access to Workgroup Meetings
Grand Hyatt Nashville
Manchester Grand Hyatt, San Diego
Hyatt Regency Orlando
Ritz-Carlton, Bachelor Gulch, Avon, Colo.
The Bellagio Las Vegas
Renaissance Washington, D.C.
Renaissance Washington, D.C.
Marriott Marquis New York
JW Marriott Los Angeles L.A. LIVE
For more information, click the links above or visit https://www.mba.org/conferences-and-education/conferences-and-meetings.
And finally (sixth): MBA offices will be closed next Monday, Jan. 17 in observance of the Martin Luther King Jr. holiday. MBA NewsLink will not publish that day. On behalf of MBA officers and staff, have a safe holiday.
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!