The Week Ahead, Mar. 28, 2022: 5 Things to Know
Good morning and happy Monday! Here’s what’s happening in the real estate finance world this week:
First, the MBA Tech Solutions Conference & Expo. The biggest mortgage technology conference of the year is less than two weeks away, taking place Apr. 11-14 at the Bellagio in Las Vegas.
Take the pulse of the industry and where it’s headed so you can keep up. Take knowledge and solutions back home with you to keep your company in the game. Meet with experts from top companies in THE INNOVATION HUB to find the solutions you need to respond to change and drive your business forward. Get unrivaled access to thought leaders and a front-row seat to today’s top fintech and industry providers as they present 20+ live demos during the Tech Showcase.
For more information and to register, visit the Conference website.
Second, MBA Reports. The MBA Weekly Applications Survey comes out this Wednesday (8:00 a.m. ET), with commentary and analysis from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan. Interest rates have been jumping lately; tune in Wednesday morning to see what happens this week.
Third, Other Housing/Economic Reports. This week we wrap up the month-end housing reports and shift our focus to a slew of March employment data. Reports that MBA NewsLink will cover are listed in boldface:
Monday: Dallas Fed Manufacturing Survey
Tuesday: S&P CoreLogic Case-Shiller Housing Market Indices; Consumer Confidence; JOLTS (Job Openings & Labor Turnover Survey)
Wednesday: MBA Weekly Applications Survey; ADP National Employment Report; Gross Domestic Product 3rd Release
Thursday: Initial Claims; Personal Income/PCE Deflator
Friday: Employment Situation (commentary/analysis from MBA Chief Economist Mike Fratantoni) Construction; Institute for Supply Management Manufacturing Index
Fourth, Congress. With another occasionally contentious Supreme Court confirmation hearing out of the way, the House and Senate shift focus to other matters.
The Senate Banking Committee holds two hearings of interest this week. On Tuesday, Mar. 29, the Committee holds a hearing on Economic Impact of the Growing Burden of Medical Debt. The hearing begins at 10:00 a.m. ET in Dirksen Senate Office Building Room 538 and can be accessed online here.
On Thursday, Mar. 31, the Banking Committee holds a hearing on Affordability and Accessibility: Addressing the Housing Needs of America’s Seniors. The hearing begins at 10:00 a.m. ET in 538 Dirksen and can be accessed online here.
On the other side of the aisle, the House Financial Services Committee holds several hearings of interest this week.
On Tuesday, Mar. 29, the full Committee holds a hearing on Devalued, Denied, and Disrespected: How Home Appraisal Bias and Discrimination Are Hurting Homeowners and Communities of Color. The hearing begins at 10:00 a.m. ET in Rayburn House Office Building room 2128.
On Wednesday, Mar. 30, the Financial Services’ Task Force on Artificial Intelligence holds a hearing on Keeping Up with the Codes – Using AI for Effective RegTech. The hearing begins at 10:00 a.m. ET in 2128 Rayburn.
Also on Wednesday, Mar. 30, the Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets holds a hearing on Oversight of America’s Stock Exchanges: Examining Their Role in Our Economy. The hearing begins at 2:00 p.m. ET in 2128 Rayburn.
On Thursday, Mar. 31, the Financial Services Subcommittee on Consumer Protection and Financial Institutions holds a hearing on The End of Overdraft Fees? Examining the Movement to Eliminate the Fees Costing Consumers Billions. The hearing begins at 10:00 a.m. ET in 2128 Rayburn.
Online access to House Financial Services Committee hearings can be found at https://financialservices.house.gov/events/eventslisting.aspx?EventTypeID=577.
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:
· 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!
