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Community Bank Network
Tuesday, April 9 | 12:00 PM-1:00 PM (ET) | Register
This month’s guest speaker, Ken Perry, President and Founder of The Knowledge Coop, will discuss AI Technology and how it can benefit community banks. We will explore topics ranging from understanding AI technology to how community banks can harness AI for the benefit of their customers.
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April Opportunities for MBA's Community Bank Network
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Last
week, hundreds of MBA members converged in Washington, DC to amplify their voices in our nation’s capital at MBA’s National Advocacy Conference (NAC). These members received briefings on MBA’s federal legislative priorities, heard from members of Congress, and subsequently engaged with their Representatives, Senators, and key congressional staffers to advocate for these critical issues. During the conference, MBA members engaged in discussions covering several critical topics, including Trigger Leads, BASEL III, and RON (Remote Online Notarization). MBA staff will consolidate the feedback received from members during these discussions and NAC office visits and continue to advocate for the key policy priorities highlighted during the event. A special note of gratitude to the community banks that participated in the conference.
In a significant development, the National Association of Realtors (NAR) has agreed to pay
$418 million in damages and eliminate its rules on "cooperative" commissions. The settlement, which is still subject to approval by the judge in the case and is subject to challenge, has the potential to impact the home sales process and the mortgage industry significantly. As a result, new approaches to negotiating and paying buyer agent commissions may emerge. For more, read our summary of the real estate compensation lawsuits
from September 2023. MBA has been in discussions with NAR, the GSEs, FHFA, FHA, and VA to identify the likely permutations and the best way forward. Learn about this challenge and other thoughts in Bob Broeksmit’s recent blog, and stay tuned for further updates on this topic.
After a successful NAC, we don’t want you to miss out on MBA's Secondary & Capital Markets Conference & Expo,
taking place May 19-22. As an attendee, you will hear from industry experts on issues such as economy insights and potential impacts from the Federal Reserve and the GSEs will offer their perspective on policy priorities, technology enhancements, and affordable mission goals. Early registration rates increase April 9!
-Tamara King, Vice President of Residential Policy and Strategic Industry Engagement, MBA
-Monique Ellis, Associate Director of Residential Policy and Strategic Industry Engagement, MBA
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Upcoming Committee Meetings
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Note: The meetings listed immediately below are held in Eastern Time.
**Community Bank Network
Secondary and Capital Markets Committee
State Relations Committee Quarterly Call
Accounting and Financial Management Committee
State Legislative and Regulatory Committee
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Upcoming Education and Member Benefits
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We provide information, skills, and tools to help you advance your career.
FREE-FOR-YOU WEBINARS
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Upcoming MBA Conferences and Meetings
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For Community Banks from MBA Research
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MBA recently released its Fourth Quarter 2023 Mortgage Bankers Performance Report, which provides current data on the revenues and expenses associated with the origination and servicing of one- to four-unit residential mortgage loans. This popular report offers the most up-to-date performance measures on the mortgage banking industry to assist in your benchmarking and research needs.
Subscribe today.
Also, this June, get the data you need directly from the source you trust during MBA’s popular Single-Family Research & Economics Showcase. This two-day online event highlights the most current results and insights from our residential surveys, forecasts, and reports. Led by MBA's Chief Economist, Mike Fratantoni, Ph.D., the Showcase features the experts behind the data.
Register today.
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You are receiving this email because you are part of our Community Bank Network, which provides a valuable forum for community-based lenders to share information on emerging industry trends and challenges in meeting the needs of American homebuyers. This network is critically important to ensuring that issues of concern to key segments of the industry are reflected in MBA's advocacy and education efforts. For more information, contact Monique Ellis.
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