The Week Ahead

Sorohan, Mike msorohan@mba.org

April 01, 2019

WASHINGTON--MBA NewsLink comes to you here this week from the Mortgage Bankers Association's annual State & Local Workshop and National Advocacy Conference.

The NAC takes place April 2-3 at the Capital Hilton. It is an annual tradition that enables MBA members to speak directly to their elected officials as advocates for the real estate finance industry. 

Scheduled speakers at NAC include HUD Secretary Ben Carson, Senate Banking Committee Member Doug Jones, D-Ala., Rep. Gregory Meeks, D-N.Y.; House "Problem Solvers" Caucus Co-Chairs Josh Gottheimer, D-N.J., and Tom Reed, R-N.Y., House Ways and Means Vice Chair Terri Sewell, D-Ala., and Fox News Anchor Chris Wallace, in addition to a reception with elected officials in the Great Hall at the Library of Congress on April 2.

Commercial/multifamily members will hear directly on April 3 from  Senate Banking Committee and Senate Finance Committee member Tim Scott, R-S.C., House Appropriations Committee member Tom Graves, R-Ga., and House Ways and Means Committee member John Larson, D-Conn., along with key staff from the office of House Speaker Nancy Pelosi, D-Calif., the Senate Appropriations Committee, and the Senate Health, Education, Labor and Pensions Committee.

MBA NewsLink will provide onsite coverage. For more information about the NAC, click https://www.mba.org/conferences-and-education/event-mini-sites/national-advocacy-conference-x241593.  

The State and Local Workshop is a unique opportunity for all MBA associations involved to learn from each other, share operational best practices and align their agendas for the year ahead.  

For more information, visit the Workshop website, https://www.mba.org/conferences-and-education/event-mini-sites/state-and-local-workshop.  

House Financial Services Committee Chair Maxine Waters, D-Calif., keeps the Committee busy over the next two weeks with a breakneck pace of hearings.

On Tuesday, Apr. 2, the full committee holds a hearing on The Fair Housing Act: Reviewing Efforts to Eliminate Discrimination and Promote Opportunity in Housing. The hearing begins at 10:00 a.m. ET in 2128 Rayburn House Office Building and can be accessed online at https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=402501.  

Also on Apr. 2, the Financial Services subcommittee on Housing, Community Development and Insurance holds a hearing on The Affordable Housing Crisis in Rural America: Assessing the Federal Response. The hearing begins at 2:00 p.m. in 2128 Rayburn and can be accessed online at https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=402502.  

On Wednesday, Apr. 3, the full committee holds a Member Day hearing, which begins at 10:00 a.m. ET in 2128 Rayburn and can be accessed online at https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=402503.  

Also on Apr. 3, the Financial Services subcommittee on Investor Protection, Entrepreneurship and Capital Markets holds a hearing on Putting Investors First: Reviewing Proposals to Hold Executives Accountable. The hearing begins at 2:00 p.m. ET in 2128 Rayburn and can be accessed online at https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=402504.  

Looking ahead, the Financial Services Committee holds hearings on The Community Reinvestment Act: Assessing the Law's Impact on Discrimination and Redlining (Tuesday, April 9); The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System, featuring Treasury Secretary Steven Mnuchin (April 9); and Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis (Apr. 10).  

The Senate Appropriations subcommittee on Transportation, Housing and Urban Development and Related Agencies holds a hearing on Wednesday, Apr. 3 on the fiscal 2020 HUD budget. The hearing begins at 2:30 p.m. ET in Dirksen Senate Office Building room 192 and can be accessed online at https://www.appropriations.senate.gov/.  

The Senate Banking Committee holds a hearing on Tuesday, Apr. 2 on The Application of Environmental, Social, and Governance Principles in Investing and the Role of Asset Managers, Proxy Advisors and Other Intermediaries. The hearing begins at 10:00 a.m. ET in Dirksen 538 and can be accessed online at https://www.banking.senate.gov/hearings/the-application-of-environmental-social-and-governance-principles-in-investing-and-the-role-of-asset-managers-proxy-advisors-and-other-intermediaries

MBA releases its Weekly Applications Survey this Wednesday, Apr. 3.

MBA Insights is a "deep dive" electronic publication for the real estate finance industry. Produced by MBA--and written by MBA staff and industry insiders--MBA Insights provides readers with insightful coverage and key data points spanning topics such as technology, innovation, advocacy, changes in the market and what's on the horizon. MBA Insights is delivered weekly to more than 58,000 industry professionals and features in-depth stories, blogs, videos, slideshows and other media.

To read the current issue of MBA Insights, click https://www.mba.org/publications/insights/insights-publication

For the most up-to-date information regarding legislative activity at the state and local level, visit the MBA State Legislative Database at http://www.mortgagebankers.org/statelegislativedatabaselogin.htm.

For information about MBA Education events, visit http://www.mbaeducation.org.

For information about upcoming MBA conferences, visit http://www.mba.org/ConferencesEvents/Conferences.aspx.

If your company/association is an MBA member, we are happy to list conferences/events on the MBA NewsLink Upcoming Meetings/Events Calendar. Send your items to Mike Sorohan, editor, at msorohan@mba.org. 

Upcoming Meetings/Events

Apr. 1-2: MBA State & Local Workshop, Washington, D.C.

Apr. 1: Advance Retail Sales

Apr. 1: Business Inventories

Apr. 1: Construction

Apr. 1: Institute for Supply Management Manufacturing Index

Apr. 2-3: MBA National Advocacy Conference, Washington, D.C.

Apr. 2: Advance Durable Goods

Apr. 2: CoreLogic Home Price Index

Apr. 3: MBA Education Mortgage Accounting Webinar Series Part III: Hedging for Accountants

Apr. 3: MBA Education Compliance Essentials Understanding the Risks of Cannabis Lending Webinar

Apr. 3: MBA Weekly Applications Index

Apr. 3: ADP National Employment Report

Apr. 3: Institute for Supply Management Non-Manufacturing Index

Apr. 3: Manufacturing, Shipments and Orders

Apr. 3: Trade Balance

Apr. 5:  Employment

Apr. 9: MBA Mortgage Credit Availability Index

Apr. 9-12: MBA Education School of Mortgage Banking I, San Antonio, Texas

Apr. 9-12: MBA Education School of Mortgage Banking II, San Antonio, Texas

Apr. 10: Capital Markets Summit, New York

Apr. 10: MBA Weekly Applications Survey

Apr. 10-11: MBA Commercial/Multifamily Human Resources Roundtable, Washington, D.C.

Apr. 10: MBA Education Mortgage Accounting II: Loan-Level Accounting Webinar Series

Apr. 10: Consumer Price Index

Apr. 10: Real Earnings

Apr. 10: Wholesale Trade

Apr. 11: MBA Builder Applications Survey

Apr. 11: MBA Education Benchmarking Yourself as a Mortgage Lender Webinar

Apr. 12: Imports/Exports

Apr. 12: U. of Michigan Consumer Surveys (prelim)

Apr. 15: Taxes due

Apr. 15: Empire State Manufacturing Survey

Apr. 16: MBA Education CMF Catastrophic Insurance Webinar

Apr. 16: Industrial Production/Capacity Utilization

Apr. 16: Business Inventories

Apr. 16: National Association of Home Builders/Wells Fargo Housing Market Index

Apr. 17: MBA Education Mortgage Accounting Webinar Series Part IV: Hedge Accounting and GAAP

Apr. 17: MBA Weekly Applications Survey

Apr. 17: New Residential Construction

Apr. 17: Trade Balance

Apr. 17: Wholesale Trade

Apr. 18: Advance Retail Sales

Apr. 18: Philadelphia Fed Manufacturing Survey

Apr. 22-Jun. 13: MBA Education School of Loan Origination I & II Instructor-Guided Online Course

Apr. 22: Chicago Fed National Activity Index

Apr. 22: Existing Home Sales

Apr. 23: MBA Education Compliance Essentials False Claims Act Update Webinar

Apr. 23: Revised Building Permits

Apr. 23: Philadelphia Fed Non-Manufacturing Survey

Apr. 23: New Residential Sales

Apr. 23: Richmond Fed Survey

Apr. 24: MBA Weekly Applications Survey

Apr. 24: MBA Education Mortgage Accounting Webinar Series Part V: Cash and Capital Preservation

Apr. 24: MBA Education Compliance Essentials--Loan Originator Compensation Guidance and Q/A Webinar

Apr. 25: Advance Durable Goods

Apr. 26: Gross Domestic Product

Apr. 26: U. of Michigan Consumer Surveys (final)

Apr. 28-30: Texas Mortgage Bankers Association Annual Convention, San Antonio

Apr. 29: Personal Income/PCE Deflator

Apr. 29: Dallas Fed Manufacturing Survey

Apr. 30: MBA Education Appraisal IV: Latest Developments in USPAP Webinar series

Apr. 30: MBA Education Compliance Essentials Loan Originator Compensation Guidance and Q/A Webinar

Apr. 30-May 1: Federal Open Market Commitee Policy Meeting

Apr. 30: Employment Cost Index

Apr. 30: S&P CoreLogic Case-Shiller Housing Price Index

Apr. 30: Consumer Confidence

Apr. 30: Pending Home Sales Index

May 1-22: MBA Education CRE Basics: Underwriting Multifamily and Valuation Instructor-Guided Online Course

May 3-31: MBA Education CRE Basics: BMC & Financial Statement Analysis Instructor-Guided Online Course

May 5-8: MBA Legal Issues & Regulatory Compliance Conference, New Orleans

May 7: MBA Education Benchmarking Yourself as a Mortgage Lender Webinar

May 7: MBA Education Steps Warehouse Lenders Must Take in Today's Market Webinar

May 7: MBA Education Basics of Commercial Loan Closing & Loan Documentation Webinar

May 7-21: MBA Education Introduction to Mortgage Banking Instructor-Guided Online Course

May 8: MBA Education Compliance Essentials--Payoff Statement Requirements for Mortgage Servicers Webinar

May 9-10: MBA Education Commercial Loan Origination Sales Training Workshop Classroom Course

May 14-17: MBA Commercial/Multifamily Servicing & Technology Conference, Los Angeles

May 14-17: MBA Education School of Mortgage Banking I, Chicago

May 14-17: MBA Education School of Mortgage Banking II, Chicago

May 15: MBA Education Compliance Essentials ECOA Case Law--Past, Present & Future Webinar

May 21-Jun. 13: MBA Education School of Loan Origination II Instructor-Guided Online Course

May 19-22: MBA National Secondary Market Conference & Expo, New York

May 22-23: MBA Commercial/Multifamily Financial Officer Roundtable, Washington, D.C.

May 22: MBA Education Compliance Essentials--Regulatory Considerations for HELOCs Webinar

May 23: MBA Education Compliance Essentials--The Latest in Vendor Management Regulations Webinar

May 28-Jun. 17: MBA Education CRE Basics Underwriting Office Buildings/Valuation Instructor-Guided Online Course

May 29: MBA Education Technology & CRE Finance: Where Are They Now and Where Are They Headed? Webinar

May 31-Jul. 19: MBA Education Residential CMB Prep Course

Jun. 2-5: MBA Chairmans Conference, Napa, Calif.

Jun. 3-5: MBA Education Advanced Risk Management for Mortgage Pros Classroom Course, Washington, D.C.

Jun. 11-14: MBA Education School of Mortgage Banking III, Washington, D.C.

Jun. 12: MBA Compliance Essentials Staying Current on UDAAP Enforcements & Developments Webinar

Jun. 18: MBA Education CMF Ordinance or Law Insurance Webinar

Jun. 18-19: Federal Open Market Committee Policy Meeting

Jun. 20: MBA Document Custody Conference, Tyson's Corner, Va. 

Jun. 20: MBA Education Introduction to Internal Audits for Mortgage Bankers Webinar

Jun. 26-Jul. 17: MBA Education CRE Basics Appraisal & Three Approaches to Value Instructor-Guided Online Course

Jun. 27: MBA Education Using Internal Audits to Detect Risk & Improve Profitability Webinar

Jul. 9-23: MBA Education Introduction to Mortgage Banking Instructor-Guided Online Course

Jul. 10-11: MBA CREF Market Intelligence Symposium, New York

Jul. 10-11: MBA Education Multifamily Property Inspection Workshop, Los Angeles

Jul. 15-Aug. 8: MBA Education School of Loan Origination Instructor-Guided Online Course

Jul. 15-25: MBA Education School of Mortgage Servicing Instructor-Guided Online Course

Jul. 16-30: MBA Education Introduction to Mortgage Banking Instructor-Guided Online Course

Jul. 16: MBA Education CMF Top Commercial Insurance Issues and Problems Webinar

Jul. 17: MBA Education Mortgage Servicing and Subservicing Part I--Overview Webinar

Jul. 17: mPower Overcoming & Leading Through Conflict Webinar

Jul. 23-26: MBA Education School of Mortgage Banking Course I, Washington, D.C.

Jul. 23-26: MBA Education School of Mortgage Banking Course II, Washington, D.C.

Jul. 24-Aug. 17: MBA Education CRE Basics Intro to Commercial Loan Servicing Instructor-Guided Online Course

Jul. 24: MBA Education Mortgage Servicing & Subservicing II--Details Webinar

Jul. 25: MBA Education Excel for Commercial Real Estate Professionals webinar

Jul. 30-31: Federal Open Market Committee Policy Meeting

Aug. 13-16: MBA Education School of Mortgage Banking III, Washington, D.C.

Aug. 13-16: MBA Education School of Mortgage Banking I, Denver

Aug. 19-Sep. 9: MBA Education CRE Basics Property Inspection/Environmental Concerns Instructor-Guided Online Course

Aug. 21: MBA Education Compliance Essentials--Update on State-Level Litigation and Emerging Trends Webinar

Aug. 21-23: MBA Education Multifamily School of Mortgage Banking

Sep. 9: MBA Education Commercial Loan Origination Sales Training Workshop

Sep. 10-24: MBA Education Introduction to Mortgage Banking Instructor-Guided Online Course

Sep. 11-12: MBA Education Multifamily Property Inspection Workhop, Washington, D.C.

Sep. 11: MBA Education Compliance Essentials--Supreme Court & Appelate Court Update (Year in Review) Webinar

Sep. 15-17: MBA Risk Management, QA & Fraud Prevention Forum, Chicago

Sep. 16-Oct. 7: MBA Education CRE Basics Underwriting Retail Instructor-Guided Online Course

Sep. 17-18: Federal Open Market Committee Policy Meeting

Sep. 17-20: MBA Education School of Mortgage Banking I, Dallas

Sep. 17-20: MBA Education School of Mortgage Banking II, Dallas

Sep. 17: MBA Education CMF General, Umbrella and Professional Liability Insurance Webinar

Sep. 18: MBA Education Bank-Owned Mortgage Division, What Bankers Need to Know Webinar

Sep. 18: MBA Education Compliance Essentials--Update on Recent Class Action & Private Litigation Webinar

Sep. 22-24: MBA Regulatory Compliance Conference, Washington, D.C.

Sep. 25-Oct. 19: MBA Education CRE Basics BMC & Financial Statement Analysis Instructor-Guided Online Course

Oct. 8-Nov. 21: MBA Education School of Loan Origination Instructor-Guided Online Course

Oct. 14-24: MBA Education School of Mortgage Servicing Instructor-Guided Online Course

Oct. 15: MBA Education CMF Overview of CMF Insurance Compliance Webinar

Oct. 16: MBA Education Budgeting and Financial Planning for Non-Believers Webinar

Oct. 27-30: MBA Annual Convention & Expo, Austin, Texas

Oct. 29-30: Federal Open Market Committee Policy Meeting

Nov. 5-21: MBA Education School of Loan Origination II Instructor-Guided Online Course

Nov. 13-14: MBA Education Multifamily Property Inspection Workshop, Dallas

Nov. 19-21: MBA Accounting & Financial Management Conference, San Diego

Nov. 19: MBA Education CMF--Commercial Insurer Ratings and Property Claims Webinar

Nov. 19: MBA Education CMF Commercial Insurer Ratings & Property Claims Webinar

Dec. 3-6: MBA Education School of Mortgage Banking Course I, Orange County, Calif.

Dec. 3-6: MBA Education School of Mortgage Banking II, Orange, County, Calif.

Dec. 3-6: MBA Education School of Mortgage Banking III, Dallas

Dec. 4-5: MBA Summit on Diversity & Inclusion, Washington, D.C.

Dec. 10-11: Federal Open Market Committee Policy Meeting

2020

Jan. 27-30: MBA Independent Mortgage Bankers Conference, New Orleans

Feb. 9-12: MBA Commercial Real Estate Finance/Multifamily Housing Convention & Expo, San Diego

Feb. 23-26: MBA National Mortgage Servicing Conference & Expo, Orlando

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