December 18, 2023 Edition

Newsletter Archive

MMLA Weekly e-Newsletter

CONNECTING THE BEST OF THE MICHIGAN MORTGAGE INDUSTRY

UPCOMING 2024 Events:

President's Installation Reception - Jan 11 @ Lansing Brewing Company Join us as we kick off 2024 and formally install the MMLA’s 2024 State Board of Directors and recognize the chapter leadership teams. Meet with your peers and fellow members at this fun and casual event. You will hear from outgoing MMLA President Julie Conley and incoming President, Kate McDougall, CMB. We hope you can join us for this special event! Great sponsorship opportunities are available, too!

West Chapter Economic Breakfast - Jan 25 @ Thousand Oaks GC

Join us for anything but your average economic update. Dr. Paul Isely utilizes local data in combination with state and national information to provide insight on what is happening right here in our area and what impacts there are on our real estate environment this year as well as in the near future. Bring all your questions; we will leave plenty of time for Q & A!

SAVE THE DATE:

Annual Sales Rally, March 6 @ MSU Management Education Center, Troy, MI

Annual Lending Conference, August 14 - 16 @ Boyne Mountain Resort, Boyne Falls, MI

Attention All Members: it may be time to renew your membership!

The MMLA remains dedicated to providing value to your membership, and this year alone, we have hosted 14 FREE webinars, 16 educational breakfast/lunch meetings across the state, and 16 social events, including 4 golf outings. Our Annual Lending Conference, Spring Sales Rally, and the 2nd Future Leaders Class were also significant highlights.

Please log into your account at https://mmla.net/index.php to check your renewal date or contact jo anne@mmla.net. You should also be receiving renewal info in your email - check to see!

Consider a MMLA Corporate Partnership!

If yo have 4 or more MMLA individual members with your company, your should consider a partnership plan. Our Corporate Partnership Program allows companies to bundle membership, sponsorship and other marketing opportunities into 1 discounted cost. There are five different package levels from which to choose. Each package offers a slightly different combination of items. There is a package available to fit all budgets, but we will work with companies to style a program right for your business needs.

LEARN ABOUT CORPORATE PARTNERSHIPS

MEET OUR CORPORATE PARTNERS

Your copy should address 3 key questions: Who am I writing for? (Audience) Why should they care? (Benefit) What do I want them to do here? (Call-to-Action)

Create a great offer by adding words like "free" "personalized" "complimentary" or "customized." A sense of urgency often helps readers take an action, so think about inserting phrases like "for a limited time only" or "only 7 remaining"!

Are you taking advantage of these MMLA Member only discounts? Take advantage of these discounts with savings that could offset your MMLA membership costs!!

KeniseMae/Diehl Mortgage Training & Compliance:

FHA Underwriting, Processing & Origination Live Webinar

Dates & Times: February 1, 6 & 8, 2024 @ 1-5pm EST
Link To Product: https://diehleducation.com/product/fha-de-underwriting-and-processing-webinar/?ref=28

VA Underwriting, Processing & Origination Live Webinar

Dates & Times: March 11 & 12, 2024 @ 1-5pm EST
Link To Product: https://diehleducation.com/product/va-underwriting-webinar/?ref=28

As always, we do have our FHA, VA & USDA Online self-paced courses for your members to complete online, anytime:

These courses have audio throughout, and provide a flexible way for your members to complete FHA, VA or USDA training on their time.

Coupon Code for 25% Off: MMLA2023

Bob Broeksmit's Statement on the Senate Introduction of MBA-Supported Trigger Leads Bill

MBA: Mortgage Credit Availability Decreased in November

MBA Weekly Survey Dec. 13: Mortgage Applications Increase

State Mortgage Market Report - Q3

TAKE ACTION: Tell Your Senators: Co-Sponsor S.3502, MBA-Supported “Trigger Leads” Bill, Senators Jack Reed (D-RI) and Bill Hagerty (R-TN) introduced S. 3502, the Homebuyers Privacy Protection Act of 2023. This legislation would eliminate mortgage trigger lead abuses while preserving the use of prescreen reports in appropriately limited circumstances.

Mortgage Rates Stick the Landing After Huge Weekly Drop

Calque's Innovative 'Trade-In Mortgage' Revolutionizes Homebuying

Democratic Legislation Aims To Curb Hedge Fund Ownership of Single-Family Homes

Rates could possibly go down to a high 4-percent range next year: Mortgage...

The big FOMO rally in bonds after one of the worst bear markets in bonds ever that ended in late October actually gets the green stamp of approval from the Committee and its Chair.

In this video, hear Chris Bennett, of Vice Capital Markets, discuss why this was the most significant event in years, and implications for 2024 and beyond

NMP Magazine - December

Mortgage Banker Magazine

[Michigan Chamber of Commerce] Business groups band together to counter ‘risky economic proposals’ advanced by Democrats

DIFS has issued a new Director’s Order: G & S Cash Advance, LLC 23-17356 Order Accepting Stipulation and Requiring Compliance and Payment of Fine and Stipulation to Entry of Order

Date: 12-08-2023. For a listing of all Director’s Orders visit https://www.michigan.gov/difs/legal/hearings-decisions/directors-orders.

Gov. Whitmer Announces Working Families Tax Credit Checks will be Sent to Michigan Families in Early 2024

Top Five Ways to Support Your Employees When They Have “The Holiday Blues”