Weekly Pipeline - 10-3-2022

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  The MMLA Mortgage Pipeline
  MMLA's Weekly e-Newsletter!
  Oct 3, 2022


 "MMLA - Keeping Members Informed"

MMLA Events - Be sure to visit our website calendar for all of the 2022 event dates.  

SPONSORSHIPS AVAILABLE FOR ALL THESE EVENTS - SPOTLIGHT YOUR COMPANY AND SUPPORT THE MMLA!

Oct 6 - Northern MI Luncheon - How to Save Deals in a Flood Zone @ TC Country Club LAST DAYS TO REGISTER! Help get the Northern MI group back together with this first of many planned luncheons!

Oct 12 -Mid Chapter Mixer with HBA, Realtors, WCR @ The Fieldhouse, East Lansing   Join this industry event to mingle with builders and realtors and tour Newman Lofts followed by a mixer at The Fieldhouse.  

Oct 21 - Motivational Webinar by Steve Richman "A Cynic’s Guide To Motivation, Success and Happiness"  In this session, we will discuss:
    Identification of external and internal motivators;
    The four C’s to suCCCCess;
    The seduction of negativity and how to avoid it; And much more

Nov 30 - Mid Chapter Holiday Party @
LaFille Gallery, Lansing


Dec 1 - West Chapter Holiday Party @ Rockwell Republic (more info coming soon!!)

Dec 8 -  SE Chapter Holiday Party @ Hollywood Casino at Greektown   Registration fee includes $25 casino play!

 

 

Nov 3 - 
President's Banquet and Awards Dinner @ Suburban Collection Showplace, Novi

You are invited to participate in the most important MMLA event of the year. The 93rd Anniversary Celebration of the only mortgage-based trade organization in Michigan!!! It is a time when we honor our past, present and future board members and spotlight our annual award recipients.

We will also be celebrating the first graduation class of MMLA Future Leaders! MMLA is one of one of the strongest mortgage lending associations in the country today - we have a lot to celebrate!

When: Thursday, November 3, 2022   
            5:00 P.M. - 10:00 P.M.
Where: Suburban Collection Showplace,
          46100 Grand River Ave, Novi, MI 48374
Cost: MMLA Member $49 by Oct. 15 and $59 after
          Non-member $75
          Group of 8 - $350 by Oct. 15 and $450 after

Click here for all the details and to reserve your spot today.

Sponsorships available to fit every budget. Please consider sponsoring this highly attended event and get your company exposure in front of your mortgage industry peers!! 

 

As we celebrate YOU, our members, here is a list of our President's Club Partners:
 

Affiliate Mortgage Services, Neighborhood Capital Funding
Angel Oak Mortgage Solutions
Blue Phoenix Management Advisors
Cardinal Financial Company
Case Credit Union
Continuity Programs Inc.
Dart Appraisal
DataFacts
FinLocker
Ice Mortgage Technology
Inlanta Mortgage
Mortgage Cadence
Northern Mortgage Services
Old National Bank
Potestivo & Associates P.C.
Stikkum
United Federal Credit Union
Vice Capital Markets

 This Corporate Partnership program allows companies to purchase advertising, education, membership and event sponsorship at a significantly discounted rate. This is a great opportunity to make an annual commitment to the MMLA with one payment and receive recognition all year long. There are five (5) different package levels to choose from.  We feel there is a package available to fit all budgets but we will work with companies to customize a program that will best fit your business needs.


 

Every Member…Every Year!  Every year, MORBANPAC depends on individual contributions to help support its mission. We are asking for your contribution for 2022.  With the elections coming this fall, your contribution is  more important this year!  If every MMLA member donated just $25 we would smash our 2022 goal of $35,000.   Please help MMLA reach this goal in 2022 - donate now by clicking here.  Thanks in advance for your support of MORBANPAC! 


Are inflation expectations becoming unhinged? Chris Bennett, Vice Capital Markets Principle, breaks down what’s happening in the market today and what to expect in the near future! Watch his video on LinkedIn here: https://lnkd.in/gsJ67BMx



Welcome MMLA New Individual Member:

Tom Regan -
Michigan First Mortgage
Casey Vinton -
Lake Michigan Credit Union

Members on the Move:

Mark Faber 
is now with Polly
Tim Watkins is now with True




Federal Issues/Developments Highlights
  • MBA Participates in White House Meeting on Housing Supply and Affordability
  • CFPB Releases RFI Regarding Mortgage Refinances and Forbearance
  • Senate Banking Subcommittee Holds Hearing on Rural Housing Lending Programs
  • Major Bank CEOs Testify Before Congress
  • Federal Reserve Raises Short-Term Rates Again; Indicates More to Come to Curb Inflation
  • MBA Submits Joint Letter Advocating for FHA Annual MIP Reduction
  • House Advances VA Appraisal Modernization Legislation
  • HUD Delays FHA Catalyst’s Electronic Appraisal Delivery Module

Read the full stories highlighted here.


Gov. Whitmer Announces Investments to Retain 1,100 Jobs in Saginaw, Build 161 Affordable Housing Units in Detroit, Back Entrepreneurs Across Michigan

Whitmer Announces $21.55 Million Blight Elimination Grant Program to Revitalize Communities, Grow Economy

Whitmer Announces Tax-Free Public Service Loan Forgiveness

Whitmer Announces $21.55 Million Blight Elimination Grant Program to Revitalize Communities, Grow Economy

 

The Department of Insurance and Financial Services has issued a new Public Hearing:

For a listing of all current Public Hearings visit https://www.michigan.gov/difs/legal/hearings-decisions/public-hearings.