The Mortgage Lender - May / June 2021 
President's Report
From the President's Desk
By: Deborah Herdman
2021 MMLA President
Huntington National Bank
Spring is in the air! Just as the weather is transitioning, we are in the process of our own transition professionally and personally. Our state is slowly re-opening, cases are starting to diminish, more and more vaccines are being distributed daily, and the governor has released her timeline to reduce remaining restrictions. As we see the light at the end of this tunnel, many are anxious to get out there and socialize!
There are several reasons our colleagues join MMLA, among the top reason is the networking and the social events. The social networking is important as we are connected to others within the industry, strengthen our business connections, gain more knowledge, best practices, and support. The MMLA will continue to follow all COVID guidance, and we are optimistic about hosting some upcoming in person events this year. We are looking forward to hosting a “Welcome Back” outdoor patio happy hour once the weather improves. We also have two golf events planned in June (registration is currently open), and we are finalizing the plans for the Annual Conference in Traverse City August 11th – 13th, so make sure to save the date! See articles about each of these events in this newsletter.
It sure has been an interesting year, and we are excited we will be able to come back together. We do hope you will be able to join us, and we look forward to seeing you this summer!
Legislative & MORBANPAC Committee News
By: Victoria DeLuce
2021 MMLA VP & Legislative Chair
Success Mortgage Partners, Inc.
The Michigan legislature has been focused on budget and budget related issues. The Republican majority is at odds with the Democratic leadership as too how ot allocate federdal funds coming to our state in the form of COVID relief. A large chunk of these funds will be earmarked for housing and enhancing affordable housing and credit access. Watch for more news coming on this. We are starting ot see some housing bills and expect more to come. Click here to read the latest report from our Lobbying Firm, Karoub Associates.
By: Denya Macaluso
Immed. Past President
2021 MORBANPAC Chair
MSU Federal Credit Union
We are approaching the halfway point of 2021, which just seems unbelievable, doesn’t it?! However, there is a lot work being done at the state level to protect not only industry workers but our homeowners, landlords and tenants as COVID-19 continues to impact so many Michiganders.
If you did not have the opportunity to hear Pete Mills from MBA as well as Tabitha Zimny, our lobbyist from Karoub on our April 28th webinar, here a just a few key initiatives we are working on:
- Short Term housing bills
- First Time homebuyer bill
- Attainable housing (affordability initiatives)
- Extension of the MI Mortgage Relief Partnership
- Mortgage Officer Licensing – remote work
We have the awesome opportunity to have our voices heard through MORBANPAC! It’s never too late to donate. As always, we accept any level of donation, whatever it is you feel you can afford and want to contribute is welcomed and very much appreciated.
To donate, join the MORBANPAC committee, or learn more, please visit www.MMLA.net and click on MORBANPAC.
This is MAA Action Week. The Mortgage Action Alliance, Inc.® (MAA) is a voluntary, non-partisan and free nationwide grassroots lobbying network for real estate finance industry professionals, affiliated with the Mortgage Bankers Association (MBA). We are dedicated to strengthening the industry's voice and lobbying power in Washington, DC and state capitals across America.
Join MAA to play an active role in how laws and regulations that affect the industry and consumers are created and carried out by lobbying and building relationships with policymakers. It only takes a moment to get started, and you do not have to be a member of MBA to enroll. This is renewable every year - so if you have joined in the past - be sure your registration is still valid. Click here to join or renew today!
The MMLA has been participating with DIFS in a work group focusing on policies and procedures for Diversity, Equity and Inclusion (DEI). We are looking for feedback on what companies are already doing to address to these issues.
On behalf of DIFS, we are asking you to please take a few moments to complete this survey. This is an anonymous survey - so please don't hesitate to respond. https://www.esurveyspro.com/Survey.aspx?id=2c85cad9-61bd-417c-b00b-9daaa81aeaf3
The purpose of this survey is to assist the Diversity, Equity, and Inclusion (DEI) Workgroup in developing best practices that foster DEI in the insurance and financial service industries. This voluntary and anonymous survey will help the workgroup identify current practices, policies, products, or services that promote DEI and identify any challenges or obstacles that workgroup members are facing. The DEI workgroup recognizes the sensitive nature and complex history relating to DEI concerns within the insurance and financial industries. References made in your responses that identify your organization will also remain anonymous. Please provide thorough and complete responses.
Thanks in advance for your participation.
Annual Lending Conference
By: Kate McDougall
Huntington Bank
Annual Lending Conference Chair
CONFERENCE REGISTGRATION IS NOW OPEN!!
The MMLA conference committee is moving along with plans for the annual August event. We are planning this as an "in person" event and look forward to restrictions to be lifted in a safe manner so we can do so 100%! Your safety is our utmost concern and we will take evrey precaution necessary to make sure this conference is a COVID compliant environment. Grand Traverse Resort is prepared and has made all the necessary changes to have a fully compliant and safe meeting!!
We will have a great mix of educational business sessions and networking opportunities to make this a CAN'T MISS event! Click here to go to the website for all the details and to register.
Be sure to spotlight your company with a sponsorship of this event. Priced to fit any budget - click here for all the options and reserve your spot today!
MMLA “Up North Classic” Golf Tournament
Wednesday August 11, 2021
Wolverine Course
Grand Traverse Resort - Acme, MI
You are invited to the Michigan Mortgage Lenders Association’s “Up North Classic” Golf Tournament. This event is open to anyone affiliated with the mortgage lending and home finance industry. No need to have a planned foursome - register as a single and we will match you with a group!
Schedule: 11:00 a.m. Registration, Bag Drop, Lunch
12:00 p.m. SHOTGUN START, Scramble format
Price: $150 per person, $600 per foursome
Includes: 18 Holes of Championship Style Golf with cart, pro fees, lunch, drink tickets, contests
Mulligans and other games will be sold with proceeds benefiting MORBANPAC.
Sponsorships are available - Spotlight your company at this event!
Education Committee News
By: Audrey Acquisti
MMLA Education Consultant
MSource Training & Consulting
QM - The Final Ruling?!!
The CFPB has published a final rule delaying the mandatory compliance date of the final QM rule until 10/1/22. www.consumerfinance.gov/rules-policy/final-rules/qualified-mortgage-definition-under-truth-lending-act-regulation-z-general-qm-loan-definition-delay-mandatory-compliance-date/.
However, the Bureau notes that "policies, agreements, or legislation created by parties other than the Bureau—including the PSPAs—may limit the impact of the mandatory compliance date delay, the Bureau is unable to predict how such agreements or restrictions might change in the future."
So in short: Fannie Mae and Freddie Mac still appear to be requiring new QM after July 1st on the majority of loans eligible for purchase. Are you prepared for which loans need to qualify for the revised QM rule, when you need to sell your “old” QM loans, and what additional changes can be expected? Join us in pursuit of answers on May 11 @ 4 pm.
This webinar is great for all lenders and operations personnel. Make sure you know the latest details and are compliant!
Date: May 11, 2021
Time: 4:00 pm - 5:00 pm
Location: Via Zoom Webinar (this will be recorded so you can watch afterwards)
Cost: FREE TO MMLA MEMBERS, $20 for non-Members
Thank you to 
for sponsoring this event.
Be sure to visit our website calendar for many other events presented by our Corporate Partners including Genworth, Offit Kurman, and Freddie Mac. Do you have classes we can add to our calendar? if so, send to info to [email protected]
Membership Committee
By: Allison Johnston CMB
Chairperson
Success Mortgage Partners, Inc.
Happy Spring!!!!!!
The MMLA offers all the latest legislative information needed to effectively run your company. This year will have vast changes and you will want to be informed. Along with education programs, networking options, and constant communication of what is going on in the industry. Whether you want to be become an individual member for $199.00 or a corporate partner, you can pick the best option for you and your company. We have both individual memberships and corporate partnerships.
Invite your colleagues, coworkers and customers to be part of this growing association. Membership is strong and gets stronger as we grow. Click here for more information about membership and to join today!
The membership committee is always looking for new talent to join our team. If you are interested in making a difference, while having fun, please reach out to Allison Johnston at [email protected].
GO TEAM MMLA!
- Platinum Partner
- Gold Partner
- SIlver Partner
- President's Club PartnerThe MMLA has welcomed these new members since March 1, 2021:
| First Name | Last Name | Company Name | Chapter Location |
| Julie | Janssen | AmeriHome Correspondent | Eastern,Mid,Northern,Southeast,West |
| Tiffany | Robertson | Balvenie Title/Potestivo & Associates P.C. | Southeast |
| Shannon | Peltier | Chase Home Finance | Southeast |
| Ryan | Goodemoot | Gold Star Mortgage Financial Group, Corp. | Southeast |
| Cameron | Bongard | GreenStone Farm Credit Services, ACA | West |
| Dave | Stellin | Lake Michigan Credit Union | West |
| Dan | Ervin | Level One Bank | Southeast |
| Al | Crawford | Michigan First Mortgage | Southeast |
| Moe | Darwiech | Michigan First Mortgage | Southeast |
| Jeff | Hambright | Michigan First Mortgage | Southeast |
| Kyndal | McAllister | Michigan First Mortgage | Southeast |
| Staci | Nicols | Michigan First Mortgage | West |
| Michael | Nykiel | Michigan First Mortgage | Southeast |
| Brian | O'Connnor | Michigan First Mortgage | Southeast |
| Zarine | Torrey | Michigan First Mortgage | Southeast |
| Leesa | Gaydos | Michigan First Mortgage | Southeast |
| Shantell | Palmer-Freeman | Michigan First Mortgage | Southeast |
| Cyndi | VanZandt | Michigan First Mortgage | Southeast |
| Mark | Covert | Michigan First Mortgage | Mid |
| Dave | Jansen | Michigan First Mortgage | Southeast |
| Lisa | Dypka | MSource Training & Consulting, Inc. | Southeast |
| Bill | Kozicki | MSource Training & Consulting, Inc. | Southeast |
| Jacqueline | Kuschel | MSource Training & Consulting, Inc. | Southeast |
| Vickie | Mazzei | MSource Training & Consulting, Inc. | Southeast |
| Tina | Calcaterra | Platinum Home Mortgage Co. | Southeast |
| Helen | LeBeau | Platinum Home Mortgage Co. | Southeast |
| Daniel | Calcaterra | Platinum Home Mortgage Co. | Southeast |
| Summer | Parker | Potestivo & Associates, P.C. | Southeast |
| Kim | Dubvad | PrimeLending, a PlainsCapital Co. | West |
| Chuck | Hage | PrimeLending, a PlainsCapital Co. | Southeast |
| Ben | Kakurri | PrimeLending, a PlainsCapital Co. | West |
| Matthew | Rodeghier | PrimeLending, a PlainsCapital Co. | Southeast |
| Collin | McDonough | Rocket Mortgage | Southeast |
| Todd | Maki | Snapdocs | Mid, Southeast, West |
| Camelia | Martin | Snapdocs | Mid, Southeast, West |
| Todd | Miner | Snapdocs | Mid, Southeast, West |
| Amy | Moses | Snapdocs | Mid, Southeast, West |
| Alexia | Dixon-DeCaire | Snapdocs | Mid, Southeast, West |
| Brittney | Ferguson | Success Mortgage Partners Inc. | Southeast |
| Kelly | Kaufmann | Success Mortgage Partners Inc. | Southeast |
| Angela | Kennedy | Success Mortgage Partners Inc. | Southeast |
| Meri | Kligman | Success Mortgage Partners Inc. | Southeast |
| Melissa | McLaughlin | Success Mortgage Partners Inc. | Southeast |
| Alexis | Minch | Success Mortgage Partners Inc. | Southeast |
| Laura | Mondoux | Success Mortgage Partners Inc. | Southeast |
| Theresa | Sprague | Success Mortgage Partners Inc. | Southeast |
| Jamie | Waisanen-Handley | Success Mortgage Partners Inc. | Southeast |
| Debra | Weiss | Success Mortgage Partners Inc. | Southeast |
| Mike | Brouwers | The Brouwers Agency, LLC | West |
| Jeff | Meinert | The Brouwers Agency, LLC | West |
| David | Veen | The Brouwers Agency, LLC | West |
| Courtney | Kellogg | Transnation Title Agency | Northern,West |
| Marc | Tatarcuk | Triserv - AMS | Eastern,Mid,Northern,Southeast,West |
| Paula | Sawitski | Union Home Mortgage Company | Southeast |
Independent Mortgage Professionals Committee
By: Julie Conley
MMLA Sec/Treasurer & IMP Committee Chairperson
Union Home Mortgage
The MMLA's IMP committee is just getting started. If you have or have customers who are brokers/independent Mortgage Professionas - you should participate on this committee. Contact [email protected] for more information.
Please encourage your broker customers to become a MMLA member and get involved. MMLA is the ONLY mortgage focused trade association based in Michigan with a focus on legislation, education, and local networking/social events. Cost is only $199 for a full year. Join today!
PR Committee
Off to a Strong Start!
The Marketing and PR committee is making changes to move forward with streamlining our message and rebranding our website.. Now, we are tracking how people utilize our site to make sure we are getting you, our valued members, the content you require in one easily accessible location. Also, as face-to-face events increase, this should be a way to ensure we get you all the event information in tmanner you prefer. If you have not updated your member profile recently, please login to add your home address (keep it unlisted by checking the box) and your cell phone number so we can reach you with all the info you need!.
Finally, we are looking for a Summer intern who can assist us with social media posts and marketing admin work. If you have a high school senior or college student who would be interested, please reach out to Joanne at [email protected] or Trinity at [email protected]. Thank you!
Mid Chapter News
Mid Chapter MMLA President's Corner
Tina Manshum
2021 Mid Chapter President
Michigan First Mortgage
The Mid-Chapter has has been working with the local WCR group to plan an "in-person" social event. With pandemic limitations still in place, it is difficult to find a location to accomodate a group at this time. For this reason, we have postponed this event until the fall. Please watch for more info coming later this summer about this.
Speaking of summer - we are still planning on our Annual Golf Outing at Brookshire to be held August. We are also hoping to hold a social event at a Lugnuts game - shoudl be a busy summer! More to come on this. If you want to be part of the planning committee, please contact me - we would love to have you on our team.
See the Mid Chapter Leadership Team and Chapter Partners
SE Chapter News
SE Chapter MMLA President's Corner
Steve Scheel, CPA
SE Chapter 2021 President
Croskey Lanni PC
Hello and welcome to 2021 in the Southeast Michigan Chapter!
Hello and welcome back to 2021 in the Southeast Michigan Chapter!
The Southeast Chapter’s largest event of the year - The Annual Golf Outing - is quickly approaching on June 2nd. We sincerely appreciate the tremendous sponsorship support received so far and registration is moving along nicely. Please keep an eye on the reminders and encourage fellow professionals to attend if they are available.
John Chesney Mike Fontana
Thank you to Mike Fontana of Guaranteed Rate and John Chesney of Huntington Bank for joining the Southeast Chapter leadership team for the balance of 2021.
The Southeast Chapter is continuing to seek additional members to join the chapter for the balance of 2021 and looking forward to building the team toward 2022. Please reach out to Trinity, Joanne, or a member of the leadership team to give a few hours of your time to support the MMLA and network in the Mortgage industry and community.
Looking forward to seeing everyone soon and have a great start to the summer!
SE Golf Committee
Nathan Motta, Chair
Success Mortgage Partners
The Southeast Chapter is looking forward to hosting our 2021 Golf Outing Wednesday, June 2nd at Fox Hills Golf & Banquet Center in Plymouth, Michigan. The change of location this year presents some new views and additional flexibility for sponsors to participate at the hole and allows for more interaction with golfers. Additionally, we have a full dinner scheduled at a covered pavilion outdoors with the ability to close off for protection from weather conditions.
A few great sponsorship and volunteer opportunities are still available to promote your company and support the MMLA. Please reach out to Nate via email at [email protected] to ask any questions or volunteer for the event.
We believe this will be a great event to see large groups of fellow mortgage industry professional in person in a safe environment!
See the SE Chapter Leadership Team and Chapter Partners
West Chapter News
West Chapter President's Corner
By: Lydia Vanderveen
2021 West Chapter President
Arch MI
Hello and Happy Spring! The leadership team met virtually on March 4th and April 1st to discuss a possible in person Happy Hour event to be held in Saugatuck mid-May. However, with the COVID numbers still growing and Michigan being in the national news as the new “hotspot”, we thought we would postpone this event unit the fall. Please stay tuned for more details and keep your fingers crossed that COVID will soon be a thing of the past.
We do have our annual golf outing scheduled for Thursday June 10th at Thornapple Point. Click here and register today. While you’re there, checkout the sponsorship opportunities and please consider sponsoring the event. The golf outing is always a well-attended event and I think this year we are going to surpass all previous outings with a record number of golfers. So, register and sponsor today!
Also, mark your calendars and save the date for our annual Holiday/Christmas Party to be held on Thursday, December 2nd downtown Grand Rapids at the Embassy Suites Hotel. Make your plans now for this ultimate holiday event.
TEE OFF THE SUMMER WITH THE ANNUAL WEST CHAPTER GOLF OUTING!
You are invited to attend the West Michigan Chapter of MMLA Annual Golf Outing on Thursday, June 10, 2021 at the Thornapple Pointe Golf Course.
SCHEDULE
Where: Thornapple Pointe
Costs: Golfers: $125 per MMLA members, $125 per non-members; $400 per MMLA Members foursome team, $400 per non-member foursome team
Non-Golfer: $30 per MMLA member, $30 per non-member
Print out the Registration Flyer Here!
See the West Chapter Leadership Team and Chapter Partners