The Week Ahead, Nov. 14, 2022: Countdown to the Holidays, But First…

Good morning, and happy Monday! We hope you enjoyed the holiday weekend.

We’re in that weird week betwixt Veterans Day and the Thanksgiving holidays. And not surprisingly, there’s a lot going on, so let’s get started:

First MBA Reports, The Mortgage Bankers Association is busy this week, with four (count ‘em, four) reports this week:

—Tuesday, Nov. 15: MBA monthly Mortgage Credit Availability Index, with commentary and analysis from MBA Vice President and Deputy Chief Economist Joel Kan.

—Wednesday, Nov. 16: MBA Weekly Applications Survey, with commentary and analysis from Kan.

—Thursday, Nov. 17: MBA monthly Builder Applications Survey, with Kan again providing insight.

—Friday, Nov. 18: MBA quarterly Mortgage Bankers Performance Report, with commentary and analysis from MBA Vice President of Industry Analysis Marina Walsh.

Second, Other Economic Reports. Today kicks off two weeks of key housing reports, Here is a list of reports; those that MBA NewsLink will cover are in italics:

–Monday: (no reports)

–Tuesday: MBA Mortgage Credit Availability Index; Empire State Manufacturing Survey

—Wednesday: MBA Weekly Applications Survey; National Association of Home Builders/Wells Fargo Housing Market Index; Advance Retail Sales; Imports/Exports; Industrial Production/Capacity Utilization; Business Inventories

–Thursday: MBA Builder Applications Survey; Initial Claims; New Residential Construction; Philadelphia Fed Manufacturing Survey

—Friday: MBA Quarterly Mortgage Bankers Performance Report; Existing Home Sales

Third, Congress. The mid-terms are over—sort of; and the 2024 elections are unofficially underway. We won’t know fully who controls the House and Senate for possibly a few more weeks, with a runoff election in Georgia in early December likely to determine control of the Senate.

The Senate Banking Committee holds a hearing this Tuesday, Nov. 15, on Oversight of Financial Regulators: A Strong Banking and Credit Union System for Main Street

It begins at 10:00 a.m. ET in Dirksen Senate Office Building 538 and can be accessed online here.

The House Financial Services Committee has no hearings 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.

Fourth, MBA Conferences. Here’s a list of upcoming MBA conferences:

Jan. 23-26, 2023: MBA Independent Mortgage Bankers Conference, Coronado, Calif. For more information, click here.

Feb. 12-15, 2023: CREF 2023, San Diego. For more information, click here.

Feb. 21-24, 2023: MBA Servicing Solutions Conference & Expo, Orlando. For more information, click here.

Apr. 17-18, 2023: MBA State & Local Workshop, Washington, D.C. For more information, click here.

Apr. 18-19, 2023: MBA National Advocacy Conference, Washington, D.C. Fore more information, click here.

May 9-12, 2023: MBA Commercial/Multifamily Housing Servicing and Technology Conference, Chicago. For more information, click here.

May 21-24, 2023: MBA Secondary and Capital Markets Conference & Expo, New York. For more information, click here.

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!