The Week Ahead, Jan. 9, 2023: Digging in to 2023
Good morning and happy Monday; 2023 is off to another raucous start (what else is new?). Here’s what’s happening this week:
First MBA Reports. The Mortgage Bankers Association has two big reports this week, starting Tuesday with its monthly Mortgage Credit Availability Index. MBA Vice President and Deputy Chief Economist Joel Kan will provide commentary and analysis.
And on Wednesday, Jan. 11, MBA issues its Weekly Applications Survey, with Kan again providing commentary and analysis.
The MBA Independent Mortgage Bankers Conference is about two weeks away, taking place Jan. 23-26, at the Hotel Del Coronado outside of San Diego. For more information, click here.
And if you haven’t yet checked out the MBA State of the Association, featuring a look back at key issues affecting the real estate finance industry in 2022 and the economic and policy outlook for 2023, please do so by clicking the link above.
The video includes discussions and interviews with:
–MBA President & CEO Bob Broeksmit, CMB (keynote address)
–MBA COO Marcia Davies
—Mike Fratantoni, SVP and Chief Economist on the 2023 Single-Family and Commercial/Multifamily Forecast
—Bill Killmer, SVP, Legislative and Political Affairs on the 2022 Legislative Recap and 2023 Outlook
—Mike Flood, SVP, Commercial/Multifamily Policy and Member Engagement on the 2022 Commercial/Multifamily Advocacy Recap and 2023 Outlook
—Pete Mills, SVP, Residential Policy and Strategic Industry Engagement on the 2022 Residential Policy and Regulatory Recap and 2023 Outlook
—Tamara King, VP, Strategic Industry Engagement on Member Engagement in 2023
—Steve O’Connor, SVP, Affordable Housing Initiatives on Affordable Housing Initiative Update
—Lisa Haynes, SVP, Senior Vice President, Chief Financial Officer, and Chief Diversity and Inclusion Officer on Diversity, Equity and Inclusion Highlights and Initiatives.
Second, the MISMO Winter Summit. The MISMO Winter Summit is underway, running through Thursday, Jan. 12 at the Opal Grand Oceanfront Resort & Spa in Delray Beach, Fla. For more information, visit the MISMO Winter Summit page.
Third, Other Economic Reports. Here’s this week’s reports; those MBA NewsLink will cover are in italics:
—Monday: (no reports)
—Tuesday: MBA Mortgage Credit Availability Index; Wholesale Trade
—Wednesday: MBA Weekly Applications Survey
—Thursday: Initial Claims; Consumer Price Index
—Friday: Imports/Exports; University of Michigan Consumer Survey (preliminary)
Fourth, Congress. Umm, perhaps less said, the better. The 117th Congress is off to a rough start, with drama in the House last week over when Rep. Kevin McCarthy, R-Calif., would be elected Speaker. For better analysis, see today’s MBA Advocacy Update elsewhere in NewsLink.
There are no committee hearings slated for this week as of press time.
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, 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!
