The (Short) Week Ahead, Sept. 6, 2022: What You Need to Know
Good morning and happy Tuesday! We hope you had a great Labor Day weekend. Here’s what’s happening over the next several days:
First, Congress. We haven’t talked about Congress for more than a month, largely because it’s been in recess since early August. But the House and Senate return to Capitol Hill today.
Having said that—don’t expect much. Election Day is Tuesday, Nov. 8—little more than two months away—and all 435 House seats, 34 Senate seats and several dozen governorships are on the table. This could be the most dynamic mid-term election cycle in decades, and that is top of mind for most members of Congress. Legislation is likely to take a back seat until after the elections.
Nonetheless, there is business at hand. House and Senate committees continue to work on Fiscal Year 2023 appropriations for most government agencies, with the goal of avoiding a government shutdown—or even a Continuing Resolution to punt the budget down the line.
Neither the Senate Banking Committee nor the House Financial Services Committee hold hearings 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.
Second, MBA Conferences. The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, holds its Quarterly Webinar on Thursday, Sept. 8 from 3:00-4:00 p.m. ET.
The MAA Quarterly Webinar provides MBA Mortgage Action Alliance members (and prospective MAA members) with a legislative briefing on current MAA Calls to Action and other topical issues facing the industry. The Legislative & Political Affairs team will provide an update on how MBA has remained engaged with Congress and the administration and outline priority issues in the new year.
For more information and to register, click here.
Also this week, the MBA Human Resources Symposium runs Sept. 8-9 in Arlington, Va. For more information, click here.
And coming up next week: the MBA Risk Management, QA and Fraud Prevention Forum in Nashville Sept. 11-13. MBA NewsLink will provide on-site coverage.For more information and to register, click here.
And of course, just around the corner, the MBA Annual Convention & Expo. The biggest real estate finance industry event of the year—the MBA Annual Convention & Expo—takes place Oct. 23-26 at the Music City Center in Nashville.
Academy Award-winning actress, singer and dancer Rita Moreno; former House Speaker Paul Ryan, R-Wis.; and legendary basketball coach Mike Krzyzewski will deliver keynote remarks. And Concert MBA this year features Darius Rucker.
MBA Annual22 is less than two months away. The largest annual gathering of real estate finance professionals, this is the one event you need to gain access to the industry’s power players and innovators.
For more information and to register, click here.
Third, MBA Reports. MBA releases its Weekly Applications Survey this Wednesday, Sept. 7, with commentary and analysis from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan.
On Thursday, Sept. 8, MBA releases its monthly Mortgage Credit Availability Index, with Kan again providing commentary and analysis.
Fourth, Other Economic Reports. It’s a relatively quiet week. Here are this week’s other economic and housing reports; those that MBA NewsLink will cover are in italics:
Monday: (no reports)
Tuesday: CoreLogic Home Price Index; Institute for Supply Management Non-Manufacturing Index
Wednesday: MBA Weekly Applications Survey; Trade Balance
Thursday: MBA Mortgage Credit Availability Index; Initial Claims
Friday: Wholesale Trade
Fifth, the MBA Fall Conference Lineup. Here is a list of upcoming MBA conferences:
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!
