Weekly Pipeline - June 13, 2022

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  The MMLA Mortgage Pipeline
  MMLA's Weekly e-Newsletter!
  June 13, 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!

 

June 23 - West Chapter "Coffee & Chat" @ Home Repair Services  Free registration - donation requested.

 

August 3 - NMLS Con-Ed Class for LO Licensing   Get your 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  - Registration is open - reserve your foursome and sponsorship soon.

 

 

Mark Your Path for a Strong Future in the Mortgage Industry!

The MMLA Future Leaders Program is an exclusive opportunity that enables participants to build their knowledge of the mortgage industry and leadership skills through on-line learning, collaboration, and peer group interactions. Class participants can be any MMLA Member who wants to grow their business and advance their mortgage industry career!  To enhance the learning and networking experience, participants will be selected on a limited basis, so submit your application by June 30

All classes are 1 hour each via Zoom and will be taught by Certified Mortgage Bankers.  Here is an overview of our 6 classes:
1) Industry History & The Mortgage Industry Puzzle  2) Production  3) Underwriting  4) Secondary Marketing and Servicing  5) Compliance and Regulatory Agencies  6) The Big Picture: Management/Leadership/Ethics  Click here for all the details and to register your "Future Leader" today.

Contact [email protected] for more information

Now is the time to FOCUS ON THE FUTURE and attend the MMLA Annual Lending Conference! No FOMO - LIVE AND IN PERSON!!!  We will have a great mix of educational business sessions and networking opportunities to make this a CAN'T MISS event!  Join the decision makers  - this is the place to see and be seen!!   Click here for full agenda  Click here for speaker information

Sponsorship Opportunities:

Spotlight your company by exhibiting and/or sponsoring this great event.  Reach business owners, leaders and decision makers!  Click here for all the sponsorship information and reserve your choice today!

CLICK HERE FOR THE FULL CONFERENCE DETAILS. 

Register before the price increases JULY 1!!

 Thank you to these  New Headline Sponsors:
   

 

 

Welcome These New Individual Members:

Jess Monticello, Dort Financial CU
Bill McLeod, CASE CU
Alan Toggweiler, Comerica Bank
Karen Kohler, Access Title Agency, Inc.
Katie Crandell, Goosehead Insurance
Marc Summers, Priority Mortgage Lending

 

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 now until June 30, 2022.  This promo is for new individual members only and will include membership through 12/31/2022.  This offer will give new members up to 2 months membership FREE!   Click here for all the details.

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

Any questions – contact Joanne Misuraca, MMLA CEO, at 586-226-2823 or [email protected]

 


MBA Advocacy Update

MBA Research Highlights - Chart of the Week!

Federal Issues/Developments Highlights

 - MBA Comments on FDIC Statement of Principles on Climate-related Risk Management
 - MBA Responds to HUD’s Proposed 40-Year Modification
 - CFPB Launches New Office of Competition and Innovation
 - CFPB Issues Interpretive Rule Clarifying States’ Ability to Enforce Consumer Financial Law
 - CFPB Clarifies ECOA’s Application to “Black-Box” Credit Algorithms
 - Federal Agencies Publish Revised Interagency Flood Insurance Q&As
 - Senate Confirms FHFA Director Sandra Thompson
 - MBA Outlines Funding Priorities for FHA and HUD in Letter to House and Senate Appropriations Committee
 - House Energy and Commerce Panel Holds Hearing on RON Legislation
 - House Financial Services Committee Holds Hearings and Weighs in on HUD Program Funding in President Biden’s FY23 Budget Request

Read the full stories highlighted here.

 

 

 June 6  June 7  June 8   June 9    June 10 

CFPB wants lenders to disclose reason for denial of credit 

Housing Inventory: "Severe, Accelerating, Chronic Shortages in Every Market, in Every Price Range"

HUD Expands Housing Counseling Agency Tools

The Federal Housing Finance Agency (FHFA, which oversees Freddie Mac and Fannie Mae, aka, GSEs) introduced new public disclosure requirements to the enterprise regulatory capital framework. View the Final Rule announcement.

GSEs unveil big reform plans aimed at increasing affordable housing

 

 

 

COVID Emergency Rental Assistance Program application period to end June 30, 2022

 

MSHDA Board approves issuance of more than $332 million in single family revenue bonds

Whitmer Signs Executive Directive Streamlining Infrastructure Permitting

Whitmer Announces Michigan Now a Top State for Small Business Revenue Growth