Weekly Pipeline - August 15, 2022

Click here for e-newsletter archive

  The MMLA Mortgage Pipeline
  MMLA's Weekly e-Newsletter!
  August 15, 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!

Sept 13 - Mid Chapter 1031 Exchange Webinar via ZOOM


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


Looking ahead - save these dates:

Nov 3 -
President's Banquet and Awards Dinner
@ Suburban Collection Showplace, Novi
Nov 30 - Mid Chapter Holiday Party @ LaFille Gallery. Lansing
Dec 1 - West Chapter Holiday Party @ tbd
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]


 


September is Member Appreciation Month!

 

The MMLA recognizes the challenges with today’s market and hope you can join us for these fun “inflation proof” events - designed to help you relax, have fun, network with your industry peers and provide value from your membership!

 

Sept 15 - Mid Chapter  Member Appreciation Social Event@ The Grid Arcade & Bar

Sept 20 - Economic Update Webinar w/Doug Duncan, SVP & Chief Economist for Fannie Mae  via ZOOM - FREE to MMLA members

Sept 21 - SE Chapter Member Appreciation Social Event@ Fifth Avenue Bar, Royal Oak

Sept 28 - West Chapter Member Appreciation Social Event @ The Fowling Warehouse, Grand Rapids


MMLA Annual Award Winners! 

The MMLA announced the recipients of its annual awards  at the Lending Conference.  

Please help us congratulate our 2022 Vic Miller Award Winner, Heidi Sottovia, Mortgage Loan Officer at Huntington National Bank!

Commonly referred to as the “Volunteer of the Year” award, it is awarded annually to the person who has contributed the most to the success of the MMLA through individual effort by serving on a committee, board of governors or a chapter leadership team during the one-year period ending August 31. 

The awards will be presented at the Annual Banquet on Nov 3 @ Suburban Collection Showplace in Novi. Mi.  Stay tuned for more info about other award winners and this event!

 

 

 

 

 

 


Welcome these MMLA New Individual Members:
Clifford Baxter - Liberty Title Agency
Matt Bosker - Northern Mortgage Co.
Kelsey Bryer - MSU FCU
Craig Bujold - Ross Mortgage Corp.
Madison Maloney - Dart Bank
William Mikkelsen - Vice Capital Markets
Timothy Wayland - Legacy Mortgage
Andrea Weir - DFCU Financial

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


Deborah Herdman has announced she is now with Fifth Third Bank

Carla Booth is now with Ross Mortgage Corp.

Michael Cullen is not with PennyMac TPO

Patrick McGrath is now with Towne Mortgage Co.


  WE WANT YOU!!

Would you like to take your membership to the next level by serving on the MMLA state board or a chapter leadership committee?  If so, contact Joanne Misuraca to let her know of your interests.  The commitment is small but the rewards could be endless.  


Cash Sales at Eight-Year High

Record Drop in Price Growth - Mortgage Monitor 
CPI Delivers on Volatility Promise And on Paradoxical Potential

CFPB Takes Action to Protect the Public from Shoddy Data Security Practices

LoanDepot announces exit from wholesale mortgage business


 

 

 

The Department of Insurance and Financial Services has issued new Director’s Orders:

CSG Forte Payments Inc 21-16598
Order Accepting Stipulation and Stipulation to Entry of Order  Date: 06-30-2022

BLG Holdings, Inc dba Simple Mortgage 21-16523
Order Accepting Stipulation and Stipulation to Entry of Order  Date: 06-29-2022

For a listing of all Director’s Orders visit https://www.michigan.gov/difs/legal/hearings-decisions/directors-orders