Weekly Pipeline - May 23, 2022

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  The MMLA Mortgage Pipeline
  MMLA's Weekly e-Newsletter!
  May 23, 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!

May 25 - Summertime in Saugatuck - West Chapter Mixer @ The BARge Top Deck  Help Heidi Sottovia celebrate her birthday, too!!    LAST DAY TO REGISTER!!! 

June 15 - Mid Chapter Breakfast - Capturing New Construction Business @ One North Kitchen & Bar  Register Now  and invite your realtor contacts.

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.


GOLF OUTINGS: 

Get your group together and plan on golfing or sponsoring.  Also, if you are not a golfer and would like to volunteer at any of these events - contact [email protected].

June 8 - SE Chapter Golf Outing at Cherry Creek - Reserve your spot before it is sold out.  Some sponsor spots available, too.

June 9 - West Chapter Golf Outing at Thornapple Pointe - Registration is now open! Reserve your foursome and sponsorship today!

August 18 - Mid Chapter & WCR Lansing Golf Outing at College Fields Golf Club - Registration opens soon!

 

 

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! 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.   

Thank you to these companies who have registered as exhibitors:

     

   

    

 


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.

 

 

 

Welcome These New Individual Members:

Brad Noblit, ATA National Title Group
Kaitlyn Beno, Fifth Third Bank
Michael Morse, Private Mortgage Guarantee, LLC
Michael Weightman, Sterling Bank & Trust
Jen Luke, Meridian Title Corporation




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]


Only 19% of Consumers Think It's a Good Time to Buy

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Fannie Mae: There's An Increasing Risk Of A Recession Sooner, Not Later

Fed Chairman: We're Reducing Inflation To 2%

CRA Impact May Not Be As Profound As Feared

 

A condemning agency has the right to appeal even if a trial court determined there was no public necessity for a proposed acquisition by condemnation, a unanimous Supreme Court ruled Tuesday, reversing a lower court action.

In Consumers Energy Company v. Storm (SC Docket No. 162416), the Supreme Court in a per curiam decision reversed in part a previous Court of Appeals decision.

The case revolves around the law setting standards for the acquisition of property, condemnation actions and determination of compensation. In this case, the Court of Appeals had ruled the law limits appellate action when a trial court determines a proposed acquisition fails to satisfy the need of public necessity, and that it did not have jurisdiction to take the appeal.

The Supreme Court disagreed.

"The Court of Appeals should have considered the condemning agency's appeal as of right and reached the ultimate question of whether the trial court erred by holding that there was no public necessity for the proposed acquisition," the decision said. "Therefore, it is not yet apparent that the proposed acquisition was improper such that the property owners would be entitled to reimbursement so as to avoid being 'forced to suffer because of an action that they did not initiate and that endangered, through condemnation proceedings, their right to private property.'"

Newspapers would be required to put a local government's legal ad on its web page within three days of receiving the notice, under legislation that passed, 61-38, and 62-27, in the House today.