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MMLA Events - Be sure to visit our website calendar for all of the 2022 event dates. Check back often for updates!
July 7 - Mid Chapter Lugnuts Game
Swing on by to watch the Lansing Lugnuts take on the Great Lakes Loons while hanging out with your industry peers. Tickets are limited, so register early!
COMING SOON- Selling and winning in a rising rate market. Watch your email for registration info about this timely webinar!
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!
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LAST DAYS to register for the MMLA Annual Lending Conference at the early discounted price!! WHAT ARE YOU WAITING FOR?
 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!! 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.
Book your room at Amway Grand Hotel by July 3 to get the group discount.
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This is the last week to recognize your future leaders with this MMLA program. Submit your entries for both programs before July 1, 2022:
The MMLA Future Leaders Program is an exclusive opportunity that enables participants to build their knowledge of the mortgage industry and leadership skills. All classes are 1 hour each via Zoom and will be taught by Certified Mortgage Bankers.
Here is an overview of our 6 class topics:
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 on either of this program.
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Welcome These MMLA New Members:
Blake Boss, ActiveComply
Beth Kazinski, Rushmore Correspondent Lending Services
Scott Falconer, First Merchants Bank
Mike Robertson, Mortgage Capital Trading
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]
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Federal Issues/Developments Highlights:
- FHFA Issues 2021 Annual Report to Congress
- House Energy and Commerce Committee Holds Hearing on Bipartisan Data Privacy Legislation
- Senate Committee Holds Flood Insurance Hearing; Lawmakers Voice Mixed Concerns on Reform
- House Advances Financial Services Bill on Racial Equity and Inclusion
- GSEs Institute New Fee on Commingled Securities
- Ginnie Mae Extends Flexibilities on Delinquency Thresholds, Document Custodian Audits
- Federal Reserve Raises Short-Term Interest Rates Again
- GSEs Release Equitable Housing Finance Plans to Address Racial Disparities in Housing
- Treasury Secretary Yellen Testifies Before House and Senate Panels
- Federal Reserve, SEC Nominees Receive Bipartisan Approval From Senate Banking Panel
- FHFA Announces New Pilot Transparency Framework for the GSEs
- MBA Seeking Further Guidance on Equifax Coding Errors Impacting Credit Scores
- MBA Provides FHA Recommendations on CWCOT
- IRS Seeks Feedback on Draft Form 4506-C
Read the full stories highlighted here.
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FHA Frequently Asked Questions Website Transitions to New Platform
New Home Sales Paint Completely Different Picture Versus Last Month
Black Knight's First Look: Another Record Low For Delinquencies
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
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