MBA News Dec. 7 2022

Today in MBA News: MBA Technology Solutions Conference & Expo in San Jose; MBA Education Webinar, Ensuring HMDA Data Integrity and Common Reporting Issues; MBA Education School of Mortgage Banking I; MBA Future Leaders Program; MBA State Commercial Mortgage Licensing Resources. To read more, click on today’s MBA News headline.

MBA Technology Solutions Conference & Expo in San Jose Apr. 2-5

The Mortgage Bankers Association’s Technology Solutions Conference & Expo takes place Apr. 2-5 at the San Jose Convention Center.

We are excited to be taking MBA’s Technology Solutions Conference & Expo (TECH23) to Silicon Valley—the global hub of leading technology and innovation. In today’s evolving market, the pressure is on to gain efficiency and control costs. Bringing together the innovators, providers, lenders, and policy makers that lead the trends in mortgage tech, TECH23 is the forum to help your company survive and thrive. Join us in San Jose for the industry’s largest gathering focused on tech solutions that power single-family and commercial/multifamily real estate finance.

Register by Feb. 17 to save.

For more information and to register, click here.

MBA Education Webinar Dec. 14: Ensuring HMDA Data Integrity and Common Reporting Issues

MBA Education holds a Webinar, Ensuring HMDA Data Integrity and Common Reporting Issues, on Wednesday, Dec. 14 from 2:00-3:00 p.m. ET.

The Consumer Financial Protection Bureau has made it clear its priorities include regulation and enforcement of fair lending and racial equity issues. Since HMDA data is critical to analyzing fair lending, lenders should be prepared for additional scrutiny and emphasis on the accuracy of HMDA data.

Implementing a strong, comprehensive HMDA compliance program will help ensure the accuracy of your HMDA data, and in turn, should ensure the data portrays an accurate picture of your fair lending performance. Building a process that is sustainable and ensures data integrity continuously throughout the year requires a strong foundation.

Join MBA Education and industry experts to discuss strategies for ensuring HMDA data integrity, building a strong foundation, common HMDA errors to avoid, and what the data says about your fair lending performance and fair lending risk.

For more information and to register, click here.  

MBA Education School of Mortgage Banking I Online Begins Jan. 9

MBA Education presents its popular School of Mortgage Banking I online from Jan. 9-Feb. 2.

MBA Education’s School of Mortgage Banking I emphasizes the interrelated roles of the functions within a residential mortgage banking firm and the relationships of the various institutions and agencies throughout the real estate finance industry. This course provides a foundation in residential loan production, secondary marketing, warehouse lending and servicing. It also presents an overview of associated disciplines essential to a complete understanding of mortgage banking, including ethics, regulatory compliance, real estate law, loan products, quality assurance, quality control and fraud detection.

Note: Students who intend to acquire their AMP designation need to first complete SOMB I and pass the exam, then complete SOMB II and pass the exam. Students who are not working toward AMP designations do not need complete SOMB I to enroll in SOMB II.

For more information and to register, click here.

MBA State Commercial Mortgage Licensing Resources

The Mortgage Bankers Association has updated its state-by-state compilation of commercial/multifamily mortgage licensing requirements.

The updated resource is a no-cost, member-only benefit that is updated annually. It covers state requirements for servicing commercial/multifamily mortgages as well as requirements for making or brokering commercial/multifamily mortgages. For each state, the resource describes relevant state licensing requirements and provides links to applicable statutes and state regulator resources and contacts.

While not legal advice or guidance, this information provides a resource for MBA members who would benefit from a greater understanding of the mortgage licensing law framework for various states. We gratefully acknowledge Haydn Richards, partner at Bradley law firm, for his reviews and help to update the compilation.

This member-only benefit can be accessed here on MBA’s website.

For more information, contact Grant Carlson at 202-557-2765.