Weekly Pipeline

 The MMLA Mortgage Pipeline

  April 12, 2021

 "MMLA - Keeping Members Informed" 

Check out the 2021 Events Calendar.  All our events will be virtual, at least through the the first quarter.  

LAST DAY TO REGISTER!  April 15 - MMLA Sales Symposium - Virtual Event   Highlights  include nationally acclaimed keynote speakers Josh Pitts/Shred Media and Kristin Messerli, Virtual Exhibit area, on-line networking and more!  We will also hear from Victoria DeLuce about the economic impact on rates and the Secondary Market!

April 28, 2021 @ Noon  Leg & Reg Update Webinar  
Don’t miss this important webinar!! We will discuss current legislation and regulatory changes that impact YOUR business.  We will also explore the current administration changes and what that will look like going forward under the Biden administration.  At the state level, we will look at proposed Michigan bills and the changes resulting from COVID-19 related legislation and relief payments.  This webinar is FREE to current MMLA members.  Non-members can pay just $20 to participate and – if you join the MMLA as a new member, this fee will be refunded with your dues payment  

Registration and sponsorship info coming soon - plan your support now!

June 2 - SE Chapter Golf Outing @ Fox Hills, Plymouth  Registration now open!

June 10 - West Chapter Golf Outing @ Thornapple Pointe

MMLA Annual Lending Conference 
August 11 - 13, 2021
Grand Traverse Resort is prepared and has made all the necessary changes to have a fully compliant and safe meeting!!

 Congratulations to MMLA Executive Director, Joanne Misuraca, for being awarded MBA's State Association Leadership Award!


Mark W. Weigold, Assistant Director – Office of Consumer Finance at Department of Insurance and Financial Services announced his retirement.  "I will be retiring from the Department of Insurance and Financial Services the end of April 2021 after over 35 years of service with the State of Michigan and in the financial services industry." 

Mark has served the industry well and has always been a friend and great partner to teh MMLA.  He will be missed.  Good luck Mark and enjoy your retirement!

Federal Issues/Developments Highlights
  • President Biden Unveils Public Works Package; Proposal Would Boost Corporate Taxes to Pay for Roads
  • Supreme Court Decides Scope of TCPA’s ‘Autodialer’; Aligns with MBA Advocacy Efforts
  • HUD Secretary Fudge Issues Statement on the Mutual Mortgage Insurance Fund and FHA Premiums
  • CFPB Releases 2020 HMDA Data
  • CFPB Rescinds Supervisory Flexibilities
  • CFPB Issues Warning to Servicers: Be Prepared
  • Ginnie Mae Extends Delinquency Threshold Relief Through January 2022
  • GSEs’ Adverse Market Refinance Fee Reportedly in Place Through At Least December 1, 2021
  • MBA Seeks Guidance on VA Pandemic-Related Origination Flexibilities 
  • Secretary Yellen, Fed Chair Powell Testify on COVID-19 Relief, Economy
  • CFPB Releases Annual Consumer Compliant Report
  • HUD Announces Expiration of FHA Endorsement of Loan in Early Forbearance
Read the full stories highlighted here.



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