The Week Ahead, June 27, 2022: Five Things to Know
Good morning and happy Monday! As we gear up for the upcoming Independence Day holiday, here’s what’s happening this week:
First, Independence Day. MBA offices will be closed next Monday, July 4, in observance of the Independence Day holiday. MBA NewsLink will not publish that day. On behalf of MBA officers and staff, have a safe and happy holiday!
Second, MBA Reports. MBA releases its Weekly Applications Survey this Wednesday, June 29, with commentary and analysis from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan.
Third, Other Economic Reports. It’s a busy week for housing and economic reports ahead of the holiday weekend. Here are this week’s other economic reports; those that MBA NewsLink will cover are in italics:
Monday: Advance Durable Goods; Pending Home Sales Index; Dallas Fed Manufacturing Survey
Tuesday: S&P CoreLogic Case-Shiller House Price Indices; Consumer Confidence; Richmond Fed Survey of Manufacturing Activity; Dallas Fed Texas Retail Outlook Survey
Wednesday: MBA Weekly Applications Survey; Gross Domestic Product 3rd Release
Thursday: Initial Claims; Personal Income/PCE Deflator
Friday: Construction; Institute for Supply Management Manufacturing Index
Fourth, Congress. Ahead of the Independence Day recess, the House Financial Services Committee has a busy week, with three hearings of interest.
On Tuesday, June 28, the Financial Services Subcommittee on Oversight and Investigations holds a virtual hearing, Where Have All the Houses Gone? Private Equity, Single Family Rentals and America’s Neighborhoods. The hearing begins at noon ET and can be accessed online here.
On Wednesday, June 29, full Financial Services Committee holds a virtual hearing on Boom and Bust: Inequality, Homeownership and the Long-Term Impacts of the Hot Housing Market. The hearing begins at noon ET and can be accessed online here.
On Thursday, June 30, the Financial Services Task Force on Financial Technology holds a virtual hearing on Combatting Tech Bro Culture: Understanding Obstacles to Investments in Diverse-Owned Fintechs. The hearing begins at noon ET 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:
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!
