The Week Ahead, June 6, 2022: The MISMO Spring Summit and 4 Other Things to Know
Good morning and happy Monday! We mark the start of another week—and remember the sacrifices of June 6, 1944. Here’s a rundown of what’s happening this week:
First, The MISMO Spring Summit is underway in Charleston, S.C., running through Thursday, June 9.
MISMO plays an essential role as the central point for collaboration between lenders, servicers, regulators, GSEs and technology providers, enabling the industry to achieve a more seamless and productive digital future. For more information, click here.
Looking ahead, the MBA spring conference series concludes this month with the MBA Chairman’s Conference, June 12-15 in Carlsbad, Calif. (for more information, click here); theMBA CREF Market Intelligence Symposium, June 15-16 online (for more information, click here); and theMBA Single-Family Research & Economics Showcase, June 22-23 online (for more information, click here).
Second, MBA Reports. The Mortgage Bankers Association releases its Weekly Applications Survey this Wednesday, June 8, with commentary and analysis from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan.
And on Thursday, June 9, MBA releases its monthly Mortgage Credit Availability Index, the only standardized quantitative index solely focused on mortgage credit. MBA’s Joel Kan will provide commentary and analysis on this report as well.
Third, Other Economic Reports. The Federal Open Market Committee doesn’t meet until the following week (June 14-15)—and it has already signaled without a lot of subtlety that another substantial hike in the federal funds rate (at least 50 basis points) is on the docket. Thus, look for a lot of punditry and prognostication this week.
Here are this week’s other economic reports; those that MBA NewsLink will cover are in italics:
Tuesday: CoreLogic Home Price Index; Trade Balance
Wednesday: MBA Weekly Applications Survey; Wholesale Trade
Thursday: Initial Claims;
Friday: Consumer Price Index; University of Michigan Consumer Survey (preliminary)
Fourth, Congress. The House and Senate are back this week following the Memorial Day recess; the major focus this week will be if—and how quickly—Democrats and Republicans can agree on meaningful gun control legislation.
Neither the Senate Banking Committee nor the House Financial Services Committee have hearing scheduled this week.
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:
June 12-15: MBA Chairman’s Conference, Carlsbad, Calif.
June 15-16: MBA CREF Market Intelligence Symposium, Online
June 22-23: MBA Single-Family Research & Economics Showcase, Online
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!
