The Week Ahead, July 18, 2022: Five Things to Know
Good morning and happy Monday! Here’s what’s happening this week:
First, MBA Reports. This is a very busy week for MBA reports, starting today (Monday, July 18 with the monthly MBA Loan Monitoring Survey (formerly the MBA Forbearance & Call Volume Survey).
The Survey comes out at 4:00 p.m. ET. MBA Vice President of Industry Analysis Marina Walsh, CMB, will provide commentary and analysis.
On Tuesday, July 19, MBA releases its monthly Builder Applications Survey, with MBA Associate Vice President of Economic and Industry Forecasting Joel Kan providing analysis and commentary.
MBA also releases its Weekly Applications Survey this Wednesday, July 20, with commentary and analysis from Kan.
Second, Other Economic Reports. Housing reports take center stage this week. In addition to the MBA Builder Applications Survey, we’ll see the National Association of Home Builders/Wells Fargo Housing Market Index (Monday); the HUD/Census Bureau report on June housing starts (Tuesday); and the National Association of Realtors’ take on June existing home sales (Wednesday).
Here are this week’s other economic reports; those that MBA NewsLink will cover are in italics:
Monday: MBA Loan Monitoring Survey; National Association of Home Builders/Wells Fargo Housing Market Index
Tuesday: MBA Builder Applications Survey; New Residential Construction
Wednesday: MBA Weekly Applications Survey; Existing Home Sales
Thursday: Initial Claims; Philadelphia Fed Manufacturing Survey
Friday: (No reports)
Third, Congress. The House and Senate are in session this week. The Senate Banking Committee and the House Financial Services Committee hold several hearings of interest.
On Tuesday, July 19, the Senate Banking Committee holds a hearing Fairness in Financial Services: Racism and Discrimination in Banking. The Committee will hear testimony from Steven Nesmith, Vice President and Director/Head of Federal Policy with the Center for Responsible Lending. The hearing begins at 10:00 a.m. ET in Dirksen Senate Office Building 538 and can be accessed online here.
Also on Tuesday, July 19, the Banking Subcommittee on Housing, Transportation, and Community Development holds a hearing on Opportunities and Challenges in Addressing Homelessness. The hearing begins at 2:30 p.m. ET in 538 Dirksen and can be accessed online here.
Also on Tuesday, July 19, the House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets holds a hearing on Oversight of the SEC’s Division of Enforcement. The hearing begins at 10:00 a.m. ET in Rayburn House Office Building room 2128 and can be accessed online here.
Consumer Financial Protection Bureau Director Rohit Chopra visits the House Financial Services Committee this Wednesday, July 20 for a hearing on Housing in America: Oversight of the Federal Housing Finance Agency. The hearing begins at 10:00 a.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.
Fourth, the MBA Annual Convention & Expo. The biggest real estate finance industry event of the year—the MBA Annual Convention & Expo—has some big-name speakers: Academy Award-winning actress, singer and dancer Rita Moreno and former House Speaker Paul Ryan, R-Wis., will deliver keynote remarks.
MBA Annual22 is less than four months away, taking place Oct. 23-26 at the Music City Center in Nashville. 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 more than 100 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 MBA ANNUAL22 with more than just great memories. Leave with actionable takeaways for future success.
Register before Aug. 1 and save up to $300.
For more information and to register, click here.
Fifth, Upcoming MBA Conferences. Here is a list of upcoming MBA conferences:
Aug. 29-Sept. 1: MISMO Fall Summit, Washington, D.C.
https://www.mismo.org/events-education/mismo-summit-.
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!
