Weekly Pipeline - 7-11-22

The MMLA Mortgage Pipeline
MMLA's Weekly e-Newsletter!
July 11, 2022

"MMLA - Keeping Members Informed"

MMLA Events - Be sure to visit our website calendar for all of the 2022 event dates. Check back often for updates!

July 19 - Selling and Winning in a rising rate market Join this webinar to get tips and tricks to selling in this environment and building your database. FREE to MMLA members.

August 3 - NMLS Con-Ed Class for LO Licensing Get your 8-hour NMLS Requirements IN PERSON at this great event prior to start of Annual Conference.

August 18 - Mid Chapter & WCR Lansing Golf Outing at College Fields Golf Club - Reserve your foursome and sponsorship before they sell out!
Spotlight your company as a sponsor at this event - great opportunities are still available. Join Diamond Sponsor:

Looking ahead:

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

Nov 30 - Mid Chapter Holiday Party @ LaFille Gallery

Dec 1 - West Chapter Holiday Party

Dec 8 - SE Chapter Holiday Party @ Hollywood Casino at Greektown, Detroit

Do you have a topic/subject that you think MMLA should do a webinar about? If so, contact Joanne Misuraca at 586-226-2823 or [email protected]

Now is the time to FOCUS ON THE FUTURE and attend the MMLA Annual Lending Conference! Don't hear about it from others - attend and experience it for yourself!!

Top 10 Reasons to Attend the MMLA Annual Lending Conference:
10) Great Keynote presentations by Rob Chrisman, Sue Woodard and Hoan Do (you can link to their pages or to their bios on our page)
9) Refocus your Sales Strategies with these speaker sessions – Top Producers Panel and a VA Bootcamp
8) Fun reception and dinner at the Grand Rapids Museum https://www.awesomemitten.com/?s=Grand+Rapids+public+museum
7) Focus on Operations sessions to help with recruiting and technology decisions
6) Visit with our many exhibitors to see the latest tools to help you in your business
5) Enjoy “Beer City USA” and take the trolley for the MMLA Pub Crawl
4) NMLS Licensed LOs can get their 8 hour requirement done live and in person!!
3) Receptions and Ice cream social to enjoy making new friends or reuniting with past contacts
2) The Biggest and Best Event of the year for MMLA and the Midwest!
1) STARTS AUGUST 3RD – DON’T HAVE FOMO, BE THERE IN PERSON!!

Click here for full agenda and speaker information

CLICK HERE FOR THE FULL CONFERENCE DETAILS AND TO REGISTER.

Book your room at Amway Grand Hotel by July 15 to get the group discount.

Every Member…Every Year!

MORBANPAC is the non-partisan political action committee of the Michigan Mortgage Lenders Association. It operates at the state level to support elected officials and candidates whose philosophies and positions support the real estate finance industry.

Every year, MORBANPAC depends on individual contributions to help support its mission. Recent issues that MMLA has been involved in, with the help of its MORBANPAC influence include:

Actively involved to make sure Realtors and Appraisers were designated as “essential” at the beginning of the COVID pandemic
Remember the new Juneteenth Holiday issue last year? MMLA stepped in to put pressure on CFPB to issue a formal statement for mortgage lenders and helped get the rule allowing lenders to choose whether to adopt the law in 2021 or 2022
Helped craft the Michigan Mortgage partnership forbearance language
Codifying RON in emergency orders, then by statute
Input on notary legislation that is still ongoing
Helpful support to first time homebuyers bills (Realtors)
Input on the CERA (rental assistance) program
Helping craft the rules and administration of the Homeowners Assistance Fund from MSDHA (upcoming)

We are asking for your contribution for 2022. With the elections coming this fall, your contribution is more important this year! Consider becoming a MAC$250 Club member and $250 to get the perks and support this cause. 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!

Welcome These MMLA New Members:

Jim Brayton, Michigan First Mortgage
Alexandra Carty, ActiveComply LLC
Carry Constant, PKIG
Shawn Ellingson, Homelend.com
Lesley Hiser, Lake Michigan Credit Union
Sarah Jenson, SimpleNexus
Tracey King, Partners Credit & Verification Solutions
Eric Kujala, ICE Mortgage Technologies
Jon Rutila, OptiFunder
Tyler Seamans, Michigan First Mortgage
Mitchell Torongo, Flagstar Bank FSB

Don't forget - you can log in to the Member Corner on the website and "Find A Member" contact info.

Do you know someone in the industry who is NOT a MMLA member. Right now, the MMLA is offering a trial membership - just $99 to join and your membership will be valid for 6 months. This promo is for new individual members only. Click here for all the details.

Pass on this code for the Individual Member application form.
Or

Level One Bank is now

MBA Advocacy Update

MBA and NFHA Launch Online Toolkit to Help Lenders Develop Special Purpose Credit Programs for Underserved Communities

Federal Issues/Developments Highlights:

^{MBA Continues Engagement on New GSE Fee on Commingled Securities}
^{House Financial Services Committee Holds Hearings on Affordable Housing Crisis}
^{CFPB Issues Advisory Opinion Banning Convenience Fees under the FDCPA}
^{HUD Releases Updates to FHA Single Family Housing Policy Handbook 4000.1}
^{Senate Committee Continues Flood Insurance Hearings with Little Consensus on Reforms}
^{GSEs Provide Guidance on Equifax Coding errors Impacting Credit Scores}
^{House Financial Services Committee Holds Legislative Markup}
^{Fed Chair Powell Testifies Before Congress}
^{House T-HUD Subcommittee Advances HUD Funding Legislation during Markup}
^{House Energy and Commerce Committee Advances Data Privacy and Remote Online Notarization (RON) Legislation}
^{FHFA Provides Further Details on Credit Score Model Timeline; Commits to Engagement with Industry}
^{MBA Submits Comments VA Servicer Tier Ranking}
^{MBA Urges VA to Extend COVID-19 Partial Claim program}
^{OIRA Releases Spring 2022 Regulatory Agenda}