Weekly Pipeline - June 20, 2022

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

THIS WEEK: 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.

Last Weeks to register for the MMLA Annual Lending Conference at the early discounted price!!

 After a crazy 2+ years, seems like the craziness is not quite over!   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!!  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 and 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!

CLICK HERE FOR THE FULL CONFERENCE DETAILS AND TO REGISTER. 

Register before the July 1 price increase!

Book your room at Amway Grand Hotel by July 3 to get the group discount.

$$ MMLA MEMBER DISCOUNTS $$

MMLA members can now take advantage of two new discount programs - offered exclusively to MMLA members.

  Members can receive a discount on home and auto insurance with verification of membership in the MMLA.  Contact your local FB Insurance agent - or one of our MMLA members:
Kyle Laurent:  [email protected]
Alistair Lynch: [email protected]

SPECIAL OFFERS FOR EVENTS @ LCA

As a 313 Presents Corporate Access Member, we are excited to offer discounted tickets to select shows at our venues and premium seating at Little Caesars Arena. Premium seating, located in club sections 121-123 and 108-110, offers incredible seats to see your favorite artists, access to private bathrooms and walk-up bars.
How it works:
1. Go to http://www.313promos.com/mmla to see available shows
2. Select your show
3. Select your seats OR Call 313.471.3282 to order your tickets over the phone.

Seating is limited, based on availability and not guaranteed, securing your tickets promptly upon receiving this email will provide you with the best ticket access. Lineup and price are subject to change. Tickets are not eligible for re-sale. Questions, please call Group Sales at 313.471.3282
Tickets are not eligible for resale. Tickets not available at the Box Office. 

Click here for a full flyer with all the details

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. All classes are 1 hour each via Zoom and will be taught by Certified Mortgage Bankers.

Click here for all the details and to register your "Future Leader" today.

The Rising Star Award is a prestigious designation that is awarded to the “Rising Stars” of the Michigan mortgage industry. As the mortgage industry continues to evolve, the MMLA recognizes the importance of having industry leaders involved to continue moving the mortgage industry forward. Past winners have been loan officers, branch managers, marketing coordinators, title company representatives and others, representing all aspects of the mortgage industry.  Click here for all the details about this award.

Contact [email protected] for more information on either of these programs.

Welcome These New Individual Members:

David Abraham, Colliers
Carol Burke, Black Knight
Amy Collette, 5/3 Correspondent Division
Angela Eatmon, Mortgage Information Services
Lee Ann Haught, Appraisal Scout
Brigitte Jaward-Hachem, Infiniti One Corp
Christopher Williams, First Guarantee Mortgage Corp

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]

2022 is Already The Worst Year For Rates Since 1979 

Mortgage Apps Buck Recent Trend Despite Huge Rate Jump

Home Price Reductions Up 69% Nationwide

Cash Is King

 Ginnie Mae affirmed program guidelines for delinquent loan buyouts. Read the Press Release​

 In a new Ginnie Mae Press Release, the rollout of enhancements to its Digital Collateral Program and the release of updated guidance for the securitization of eNotes was announced.

USDA announced an Interest Rate Increase for SFH Direct Programs.

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

World Wide Payday Advance Inc. d/b/a Super Cash 22-16865
Order of Summary Suspension, Notice of Opportunity for Hearing and Notice of Intent to Revoke Date: 06-08-2022

Direct Home Mortgages LLC 22-16747
Order Accepting Stipulation and Requiring Compliance and Payment of Fines and Stipulation to Entry of Order Date: 05-10-2022

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