The Week Ahead, May 23, 2022: MBA Legal Issues Conference and 5 Other Things to Know
Good morning and happy Monday! We have one more week until the Memorial Day holiday, but there’s plenty going on ahead of it. Here’s a rundown of what’s happening this week:
First, the MBA Legal Issues and Regulatory Compliance Conference is underway, taking place through Wednesday, May 25 at the Intercontinental Miami.
The MBA Legal Issues and Regulatory Compliance Conference is the premier event for legal and compliance professionals in real estate finance. This conference continues to be the source for the most comprehensive and up-to-date information on regulatory initiatives, recent litigation, current and upcoming legislation, and enforcement activity impacting the single-family market. For more information, click here.
Second, Memorial Day, next Monday, May 30. MBA offices will be closed that day, and MBA NewsLink will not publish. On behalf of MBA officers and staff, have a safe and happy holiday.
Third, MBA Reports. On Wednesday, May 25, the MBA Weekly Applications Survey comes out (7:00 a.m. ET) with commentary and analysis from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan.
Fourth, Other Economic Reports. The last week of the month continues a slew of May housing reports. Here is a list of upcoming reports this week; those that MBA NewsLink will cover appear in boldface:
Monday: Chicago Fed National Activity Index
Tuesday: New Residential Sales; S&P CoreLogic Case-Shiller Home Price Indices; Consumer Confidence; Richmond Fed Survey
Wednesday: MBA Weekly Applications Survey; Advance Durable Goods; Philadelphia Fed Non-Manufacturing Survey
Thursday: Initial Claims; Gross Domestic Product; Pending Home Sales
Friday: Advance International Trade in Goods; Personal Income and the PCE Deflator; University of Michigan Consumer Surveys (final)
Fifth, Congress. The House and Senate are in session, but planning to bug out by week’s end for the Memorial Day holiday.
The House Financial Services Committee has a busy week. On Tuesday, May 24, the Financial Services Subcommittee on Diversity and Inclusion holds a hearing, Diversity Includes Disability: Exploring Inequities in Financial Services for Persons with Disabilities, Including Those Newly Disabled Due to Long-Term COVID. The hearing begins at noon ET in 2128 Rayburn House Office Building and can be accessed online here.
On Wednesday, May 25, the Financial Services Subcommittee on Housing, Community Development and Insurance will hold a hearing on “Reauthorization and Reform of the National Flood Insurance Program.” The hearing begins at noon ET in 2128 Rayburn and can be accessed online here.
On Thursday, May 26, the Financial Services Committee holds a Virtual hearing on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency. The hearing begins at noon ET and can be accessed online here.
On the Senate side, the Senate Banking Subcommittee on Housing, Transportation and Community Development holds a hearing on Wednesday, May 25, Examining the U.S. Department of Agriculture’s Rural Housing Service.
Slated to testify: Xochitl Torres Small, Under Secretary for Rural Development with the U.S. Department of Agriculture. The hearing begins at 2:30 p.m. ET in Dirksen Senate Office Building room 538 and can be viewed 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.
Sixth, Upcoming MBA Conferences. Here is a list of upcoming MBA conferences:
June 6-9: MISMO Spring Summit, Charleston, S.C.
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!
