Login to Your Account

CMLA Weekly News Buzz - January 12, 2021

Published: January 12, 2021

CMLA News Digest
Welcome to the CMLA News Buzz!
This is your weekly hub of information about what's going on at CMLA.
 
January 12, 2021
 
 
CMLA News Highlight of the Week!
 
2021 MLP Program
Final Opportunity to Apply!
 
Registration deadline for the 
2021 MLP Program is January 16th
 
Don't miss out on this opportunity to elevate your leadership skills and advance your career.
 
Apply for MLP Program
The Mortgage Leadership Program seeks to create an environment that enables leadership opportunities through four pillars of Networking, Industry Knowledge and Growth, Community, and CMLA Involvement. By providing this environment, the Colorado Mortgage Lenders Association can cultivate the next generation of leaders who will raise the level of professional integrity, moral objectivity, ingenuity, and commitment of the mortgage industry to benefit the state of Colorado and its citizens.

2021 MLP Registration Includes:
 
Course Materials and Virtual Meetings
Invitation to Leadership Forum
Inside look at the CMLA Board of Directors
Registration for the 2021 CMLA Mortgage Expo
MLP Group Project and Presentation
Community Volunteer Opportunity
Introduction to CMLA Advocacy and LARAC
Registration for the 2021 CMLA Convention
Registration for the 2021 CMLA Holiday Party
 
 
Program begins January 26, 2021
 
Apply for MLP Program
 
2020 Double the Donation
Happy New Year! As 2021 begins, our hearts are full of hope and gratitude. Because of you, we far surpassed our original goal — raising $101,452 — for our end-of-year fundraiser 'Double the Donation'. We are truly humbled by this level of support.

100% of every dollar donated will be given to Colorado Homeownership Coalition families who need our support to overcome hardships and sustain homeownership. Your overwhelming generosity will make an impact throughout 2021.

These donations came from the support of 32 local companies and 200+ individuals. This community effort is proof that we can do more when working together. Every donation, no matter the amount, made an impact, and we're grateful for you all. Stay tuned, as we look forward to recognizing many of these generous donors as we kick-off 2021.
 
Learn about CHC
Double the Donation
 
 
 
What's Happening in Membership
 
Need to sign up or renew your membership? Try our NEW Online Application.
 
Sindi Lillis - Membership Manager
We'd like you to meet our Membership Manager, Sindi Lillis. She is available to answer all of your membership questions and will be notifying you when your membership is up for renewal.
Sindi Lillis
303-773-9565
 
Become a CMLA Member
Renew Your Membership
Say HELLO! to our Featured Members of the Week
 
 
Factual Data
Factual Data
Renewing Member!
Member since 1993
 
Western Alliance Bancorporation
Western Alliance
Bancorporation
Renewing Member!
Member since 2020
 
 
CMLA Education and Events
 
CMLA Upcoming Events
CMLA has several education trainings, networking events and webinars in the works for 2019. Check back frequently
for more information.
 
CMLA Event Page
 
CMLA is YOUR Legislative Advocate in the Mortgage Industry
 
January 12th - MBA: Share of Loans in Forbearance Drops to 5.46%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased to 5.46% of servicers’ portfolio volume as of Jan. 3 compared to 5.46% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
 
January 11th - MBA Statement on MORPAC Disbursements
 
The Mortgage Bankers Association issued the following statement yesterday in response to last week’s violence at the U.S. Capitol:

“The events which took place in Washington last week were unprecedented and deeply troubling.  In the spirit of the statement issued by MBA’s President and CEO, Bob Broeksmit, CMB, last week, elected officials have an obligation to protect our constitutional system of government. In light of those factors, MBA has decided to pause disbursements from its political action committee, MORPAC, and will undertake a careful review with our member leadership of our giving strategies for the 117th Congress.”
 
January 11th - MBA Chart of the Week: Unemployment Insurance Continued Claims
 
The COVID-19 pandemic continued to impact the labor market to close 2020. Friday’s release from the Bureau of Labor Statistics showed that faster layoffs led to a loss of 140,000 jobs in December and kept the headline unemployment rate (U-3) at 6.7 percent.
 
Dieter Raemdonck
CMLA Registered Lobbyist

Dieter Raemdonck is the registered lobbyist for CMLA and his practice is focused primarily on government relations matters at the federal, state, and local levels.
 
The Legislative and Regulatory Affairs Committee (LARAC) meets monthly to review proposed legislation and regulatory developments. We routinely comment on legislative and regulatory proposals to state and federal agencies, are active members of the Mortgage Bankers Association (MBA) and we attend the MBA’s National Policy Conference to engage with the Colorado Delegation in Washington, D.C.
 
Learn More about CMLA's Legislative Efforts
 
COVID-19 Update
CMLA is continuing to monitoring the COVID-19 virus' impact on our members, staff, and communities. We are still open for business and remain committed to working on your behalf. We are hard at work preparing for the Colorado legislature's return to session as well as planning future events and webinars.

For the latest information about the COVID-19 virus:
 
THANK YOU to CMLA's Members whose dues help the industry during challenging times.
 
Meet CMLA's Members
 
Who is CMLA?
 
CMLA Mission Statement
The Colorado Mortgage Lenders Association is an organization committed to responsible homeownership achieved through the practice of integrity-based lending. We serve our community through effective education, principled representation and gracious networking to advance free enterprise and the highest ethical standards in the mortgage lending industry.
 
Meet the CMLA Board
Meet the CMLA Staff