July / August 2017 Newsletter - The Mortgage Lender

July 2017  - In this issuePrint

President's Report

From the President's Desk
by:  Don Precour, 2017 MMLA President
Fifth Third Bank

Well it’s that time of the year!! Our Annual Lending Conference will take place on Sunday July 30 through Tuesday, August 1 at the Soaring Eagle Casino & Resort in Mt Pleasant. The theme this year is “Rolling with the Changes”. We continue to see challenges in our Industry and this conference is all about how we navigate through those changes. We selected a more centralize location for those members that may have difficulty taking the full three days, you can just come for Monday event and listen to all the speakers. The conference kicks off on Sunday with golf at 11 am at Pohlcat Golf Course, less than 10 minutes away from the resort. We did change it up this year by having golf on Sunday so we could have a few more speakers on Monday. We have a great line up of speakers including Ronald Robb (Motivational/Inspirational Speaker) to get us going in the morning, then with Rodrigo Lopez CMB MBA Chairman; Matt Tully, Essent discussing legislative updates, and finishing the afternoon with Gina Metrakas, Director of Urban Revitalization for Quicken Loans. There still are sponsorships available and this is a great way to have you company recognized at the conference. Lastly, we are having an auction, so if you can find something like Tiger Tickets, Red Wing tickets or other items to be auction, with all of the proceeds going to MORBANPAC, so our message is heard in the legislative arena.

Have a great Summer and I hope to see you at the conference!


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Legislative & MORBANPAC Committee News

Report      
Jim Wickham, CMB      
MMLA Vice President    
Union Home Mortgage 

Thank you to Dan Grzywacz, CMB, for organizing a PAC Week fundraiser at his company.  Dan sold Mortgage 1 lapel pins with all the money going to MORBANPAC.  He also gave everyone who mada a purchase a chance to win tickets to a Tiger's Game.  Dan successfully raised $1175 for MORBANPAC.  Thanks go to Dan and the staff at Mortgage 1, Inc.!  

Will you be holding a fundraiser at your company.  It is easy and fun to do.  Click here for ideas or contact Joanne Misuraca for details.  Or, simply ask for donations...every dollar counts!  Click here for all the information about MORBANPAC!

Lastly, we will be holding a silent auction at the Annual Lending Conference with bids payable to MORBANPAC.  If you or your company has sports tickets, memorabilia, gift basket, gift card or anything that could be donated, contact Joanne Misuraca.  The value of your donation will be considered your contribution to MORBANPAC.


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Education Committee News

Education Committee Update
Audrey Acquisti, MMLA Education Consultant
MSource Training & Consulting

Happy Michigan Summer! Picnics, golf, swimming, and Up North are in full swing but, as usual, so is our national government. As has been the norm for several years, changes to our industry are taking place every day.

A survey was sent to our membership last month asking for your opinion on the events that we schedule to benefit our members. We read all of your surveys and seek to provide only those events, locations, topics, and speakers that are of interest to you. A special thank you to all who completed the survey. Click here to see the survey results.

Due to popular demand, the Education Committee has rescheduled our Compliance Seminar for this fall. Registration for the event now open. The event will take place at Crystal Gardens in Howell on September 13th from 8:30 am – 12:30 pm. It is our hope that by having a half day event in lieu of a full day event, your work schedules will not be completely interrupted that day and will lessen the pressure of being out of the office. Click here for all the info and to register today!

The major topics we will be presenting will be HMDA, and Advertising & Marketing Rules. We are aware that many of you have attended seminars, webinars, and break-out sessions on the topic of HMDA and most of these sessions seem to go over the same information; what are the changes and when do they take place? Our plan is not to re-hash this information.

Our HMDA presentation will delve much deeper.

  • The MLO Personal Identification Number will now be included in HMDA reporting. ‘Can’ and ‘will’ this affect the MLO in the future?
  • Are points and fees reported based upon the Reg. Z definition and if so, is there a particular mortgage document that I must use to report from?
  • Data elements each have specific reporting requirements and can vary by channel.
  • Certain data elements are only reported if they are relied upon.
  • Underwriting procedures must be clear to avoid HMDA reporting violations.
  • N/A codes, blank fields, and zero are NOT the same.
  • How will the new anticipated loan application affect my HMDA reporting?

These are just a few of the in-depth topics that will be discussed.

Advertising & Marketing:  Howard Lax and Melissa Bridges from Bodman PLC always have new information on Advertising & Marketing Rules and how our regulators are viewing advertising methods. Howard and Melissa will not only speak on the rules but how do these rules affect your business, your staff, and your sales capabilities? In this age of technology there are so many different media’s where we can advertise. How do we monitor and control what is being advertised and is it truly considered advertising if we make a general post on a social media site?

We will be sure to include any additional compliance topics that burst on the scene in the next few months so don’t fail to register for this event! Wednesday, September 13th.   HOPE TO SEE YOU THERE!


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Membership and PR Committee

The MMLA Membership & PR Committee
Trinity Lancione, Chairperson
MMLA Communications and Events Manager

As the year is now half over, we are making great headway for the Membership/PR Committee. We are actively reaching out to our members to see how we can better serve all of you, as well as helping make our association GREAT!  Send us your comments, please!

Are you interested in becoming involved in the Membership/PR Committee? Reach out to me at Trinity@mmla.net or 810-348-3835. We’d LOVE to have you!


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Welcome New Members!

The MMLA would like to welcome the 64 new members added since May 1, 2017!!   Included in these members these two new to Corporate Partner companies:

and

Click here for the full list of new MMLA members!!


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CMB Society News

Michigan CMB Society Update!
Dan Sugg, CMB
Certified Mortgage Bankers Society Chairperson
Michigan First Credit Union

The CMB society recently held a fun get together at Blackfinn in Royal Oak .  About 45 people were there to share cocktails, appetizers, network and learn more about the steps to take NOW in order to fulfill your CMB designation.

Click here to learn more about the CMB ProgramClick here to see the list of MMLA Members who have earned their CMB designation.


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SE Chapter News

SE Chapter President's Corner
Thomas Johnston
SE Chapter President
First Guaranty Mortgage Corporation

Greetings,

What a beautiful day it was for our SE Chapter Golf Outing. It’s always great to see so many familiar faces and meet some new ones. Thanks again to Dawn Burdick our Golf Chairperson for doing such a wonderful job. We had record attendance at this year’s outing with over 150 golfers.

We still have some great events coming up later this year so make sure you register, volunteer, and/or sponsor one of these events. Remember these events count on our membership support to continue and we can always use more. 

I also want to take these companies for joining our Chapter Partner Program:

    and

 If you have any ideas for an event or would like to volunteer please contact our committee chairs directly, all of their contact info can be found on our new MMLA website.


SE Social Committee
Maureen Townson, Chairperson
Genworth Mortgage Insurance

The SE Chapter Social Committee is excited about our 2nd annual baseball outing at Jimmy John's Field on Thursday, August 24 in Utica.  Bring your co-workers, family and Realtors to this fun, relaxed evening of baseball and networking. We have a number of fun activities planned which may include the flag presentation during the national anthem, photos with players, honorary bat boy/girl, pregame player high 5 in the tunnel and photos with players and mascots! Ticket price includes: entrance to the stadium, game tickets, full BBQ dinner under the pavilion tent, and 2 drink tickets! Sponsorship is available, too. Click here for all the event details. Please register before July 24 to ensure your spot.  Contact me at Maureen.Townson@genworth.com with questions--see you at the ball park! 

If you are interested in helping out with our committee, reach out to Maureen Townson, Genworth Mortgage Insurance at (248) 245-2950 or email Maureen.townson@genworth.com


SE MMLA Lunch & Learn
Mike Fontana, Chairperson
Guaranteed Rate, Inc.

Save the date for the next SE Chapter Lunch and Learn, September 7th. At this time, we are looking for speaker and topics suggestions for our September and October luncheons. If you have a speaker in mind, or a timely topic, please contact me at michael.j.fontana@rate.com or via cell phone at 248-224-5583. 


SE Golf Committee
Dawn Burdick, Chairperson
Potestivo & Associates, P.C.

Thanks to all MMLA SE Chapter Golf Outing golfers, sponsors, and volunteers! Our participants experienced perfect weather and contributed to a record breaking event in recent years with 156 golfers and over $7500 in sponsorships!    Please help me to thank these event sponsors:

Envoy Mortgage

Cart Signs

Envoy Mortgage

Golf - Centerpieces

Envoy Mortgage

Hole in One contest

Ross Mortgage Corp.

Lunch at the Turn

Ross Mortgage Corp.

Water Bottles

Bush Seyferth & Paige PLLC

Dinner Sponsor

John Adams Mortgage Co.

Contest - Men

John Adams Mortgage Co.

Contest - Women

Cislo Title Company

Drive Contest

Essent Guaranty, Inc.

Drive Contest

Potestivo and Associates PC

Golf - Registration

Radian Guaranty, Inc.

Team Prizes

Arch MI

Hole Sponsorship

Continuity Programs, Inc.

Hole Sponsorship

Dart Appraisal

Hole Sponsorship

First Guaranty Mortgage Corporation

Hole Sponsorship

Genworth Mortgage Insurance

Hole Sponsorship

MGIC

Hole Sponsorship

Radian Guaranty, Inc.

Hole Sponsorship

Union Home Mortgage

Hole Sponsorship

Vice Capital Markets

Hole Sponsorship

Aerotek Professional Services

Swag Bags

Balvenie Title

Swag Bags

Best Homes Title Agency, LLC

Swag Bags

It's Worth Editing & Administrative Services

Swag Bags

Kim Nagy Realty Partners

Swag Bags

A special thank you to our golf committee:  Mary Atallah, Al Chinn, Rachel Collins, Erika Parker, Steve Scheel, Michael Weightman! You all helped make it GREAT!!   Check out the pics in the website photo gallery.

Have a wonderful summer and see you at the Lending Conference in Mt. Pleasant!


Meet the SE Chapter Leadership Team!

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Mid Chapter News

The Mid Chapter Upcoming Events
Cynthia Garza
Mid Chapter President
Union Home Mortgage Company

The MMLA Mid-Chapter recently had Andre Hutson speak at a luncheon at MSU Brody Hall.  He shared his experiences with growing up in Ohio, playing basketball for Tom Izzo at MSU, traveling Europe as a professional player and then his most recent business ventures.  He made it clear that although things may appear very successful to the outsiders, inside there are a lot of challenges and you must push through them to gain the success we all want.  

We have a Lugnuts outing coming up on July 27th. Thank you to Diversified Title for sponsoring and providing access to a private suite.  The cost to attend is minimal due to the sponsorship. We are limited to 50 attendees and the space is filling quickly.  If it interested sign up right away-$10 all food and drink included.

We are also working hard on our joint golf outing with WCR on August 18th.   The corporate sponsorship opportunities are filled!  We have 24 teams registered and paid, along with an additional 14 signed but not paid yet.  We have more teams registered than we accommodate so we are taking the first 36 teams that are paid will be taken.  PAY NOW if you are signed up.


Mid Chapter Lugnuts Baseball Outing

July 27, 2017
5:00 PM to 8:00 PM

Cooley Law School Stadium
505 E. Michigan Ave.
Lansing, MI 48912
Venue website

It's time for some Summer baseball! Swing on by and it'll be a home run!

Read More    Register Now


 Mid Chapter & WCR Golf Outing

August 17, 2017
8:00 AM to 4:00 PM

Wheatfield Valley Golf Club
1600 Linn Road
Williamston, MI 48895
Venue website

Join us for this fun event!

Read More    Register Now


 Meet your MMLA Mid Chapter Leadership Team!

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West Chapter News

West Chapter Update
Mario Castillo
West Chapter President
Transnation Title Agency

 

West Chapter MMLA had a 29 teams and nearly 120 golfers at our Golf Event in June. We also raised $700 for MORBANPAC. Thank you to all who participated and made the event great. Special thanks to Amy Hayes for taking the lead in planning the event once again this year.

Of course, thanks also to these sponsors who helped make the event possible!!


Our Upcoming events will be September 26 with Steve Richman “The Commodity Conundrum” and October 20th “Cyber Security and Wire Fraud” with Tom Cronkright. Go to the MMLA Events Calendar for more info on these and all upcoming events!


West Chapter Holiday Party Committee
Lydia Vanderveen, Chairperson
Arch Mortgage, Inc.

Gotta love summer in Michigan with all the outdoor activities like, golf outings, fun on the water and planning for the Annual MMLA Lending Conference. And yes it’s time to start planning the Annual Holiday Party, too!

So mark your calendar NOW and Save the date Thursday December 7th for this year’s MMLA West Chapter Holiday Party. The annual Holiday Party will be held downtown Grand Rapids at The B.O.B.

Please send me an email, lvanderveen@archmi.com, if you’d like to be on the holiday party committee or if you have some ideas for the holiday party and auction items.


Click here to see the West Chapter Leadership Team

THANK YOU TO THESE WEST CHAPTER ANNUAL PARTNERS: 

 Full Partners:

                    
 Limited Partners:
        

        

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Who, What, Where...Social Newsletter

We hope you enjoy this social section of the MMLA  newsletter...the Who, What, Why....  There is so much going on in our industry and it is sometimes hard to keep track of job changes, promotions, new hires, etc.  The social aspect of our business plays a key role in MMLA membership.  Members who build relationships with other members and participate in local social and luncheon events get more value from their membership.  

So, if you have an announcement to make - a new hire, a job change, office relocation, a honor or award you received, etc. - please email the information to mmla@mmla.net and you may see it in an upcoming issue of Who, What, Why....  We will even accept "just for fun" stuff like industry related jokes, cartoons and special "talents" or funny facts that people may not know about you...forward them as well. 


People on the Move...

Alice Alvey, CMB is now with Union Home Mortgage Company aalvey@unionhomemortgage.com

 Marc Faber is now with Optimal Blue mfaber@optimalblue.com

 David Lauer is now with Berkshire Capital dlauer@berkshirecapital.com

 Vince Parlove is now with Mortgage 1, Inc. vparlove@mortgageone.com

 Todd Phillpotts is now with Chemical Bank todd.phillpotts@chemicalbank.com

 Jason Sasena, CMB is now with Lake Michigan Credit Union jason.sasena@lmcu.org

 Bridgette Trevino is now with Continuity Programs, Inc. BTrevino@continuityprograms.com 


MMLA Member Jennifer Reese is the Senior Director of Business Operations at Southwest Solutions. She has worked at Southwest Housing Solutions for three years and let me tell you, revitalizing Detroit neighborhoods is a marathon effort, but the finish line is in sight! Jen is running in the San Francisco Marathon on July 23 and will have her hometown of Detroit in mind and will be visualizing the finish line as not only the end of the race but as also the start of so many good possibilities for Detroit. If you would like to support Jen and Southwest Housing Solutions, click here.


 Check out the MMLA Photo Gallery for lots of pics from this year as well as past years  Are you in any??

 


Follow Us on Social Media.  Remember to "Like", "Share","Comment", and " Re-tweet" our posts to help maximize our exposure.  Thank you!

         


      MMLA Mission Statement

To create value for all members by providing effective legislative and regulatory advocacy, practical resources, and quality education while fostering an active network and knowledge exchange.


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Meet Our Corporate Partners and Advertisers
The MMLA depends on the generousity and support of its members.  Please join us in THANKING these companies for their participation as Corporate Partners of the MMLA.

Platinum Corporate Partners:

Meet All of Our Corporate Partners

Meet Our Advertisers

Please remember these companies when making your business decisions.

 

2017 Platinum Corporate Partners