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CMLA Weekly News Buzz - September 29, 2021

Published: September 29, 2021
CMLA News Digest
Welcome to the CMLA News Buzz!
This is your weekly hub of information about what's going on at CMLA.
 
September 29, 2021
 
 
In this Issue of the CMLA News Buzz
 
 
 
Colorado Homeownership Coalition
 
Double the Donation
The 2021 Double the Donation Campaign kicks off THIS FRIDAY!
 
About CHC: The Colorado Homeownership Coalition (CHC) provides mortgage assistance to homeowners experiencing a temporary disruption in income. Our mission is to inspire hope in sustaining homeownership when tragedy strikes.

Our Impact: To date — 100% of all CHC grant recipients avoided foreclosure and experienced success after receiving housing counseling and financial assistance from the CHC.

Why Donate: 'Home' and those who fill it are the drivers of success across our industry, but despite the housing market boom, millions of Coloradans are experiencing home-threatening financial hardships.
 
The Fundraiser: Double the Donation is a CHC lead initiative with a goal of doubling our total donations received in 2021, ultimately, expanding our impact to more Coloradans who need our support.

100% of your generosity is given to support Colorado homeowners who need our help to overcome hardships sustain homeownership. All donations are tax-deductible 

Will you join us? We’re making an impact — but we need your help to grow. Please consider supporting the CHC's Double the Donation Fundraiser — let’s leverage our industry as a collective force for good and reinvest into communities across Colorado that support our business. 
 
Learn More About CHC
Double the Donation Campaign
CHC
 
Mortgage Market Guide for LOs
Provided in partnership with Tabrasa to CMLA Members
 
MMG Weekly Blog
MMG Weekly Blog
MMGW Video Recap 9/24/21
You can sign up to have the Mortgage Market Guide sent directly to your inbox! Tabrasa would like to extend a special offer to CMLA Members. Please contact Bill Bodnar to learn about special group pricing for your team or if you would like MMG to participate in your sales/training events.
 
 
 
Learn More about Mortgage Market Guide
 
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
 
Mountain West Financial
Mountain West Financial
Renewing Member! Member since 2013
 
Since 1990 Mountain West Financial has built a reputation of not just putting our clients in any loan, but putting them in a home loan that suits both their short and long term goals. We strive to earn the opportunity to become a lender for life. Our success over the past 30 years is derived from our goal of offering sustainable homeownership solutions, doing right by our team, clients, and referral partners, and continuously expanding our program offerings, systems and tools. In order to accomplish these goals we constantly analyze and improve our internal processes to enhance our service levels to provide a top tier customer experience.
 
 
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Renewing Member! Member since 2008
 
At Fairway Independent Mortgage Corporation, customer service is a way of life. We are dedicated to finding great rates and loan options for our customers while offering some of the fastest turn times in the industry. Our goal is to act as a trusted advisor, providing highly personalized service and helping you through every step of the loan process — from application to closing and beyond. It’s all designed to exceed expectations, provide satisfaction and earn trust.

Since opening our doors 25 years ago, our team has helped thousands of Americans achieve their dream of homeownership. We have not only been dedicated to providing unparalleled customer service, but also to growing continuously. Fairway has over 10,000 team members with more than 3,000 producers in more than 690 branch and satellite locations nationwide. With a strong focus on purchase business, we continue to grow each year, funding over $65.8 billion in 2020.
 
 
Local and National Mortgage Industry News
 
Broeksmit: MBA ‘Working Hard for You’
Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, kicked off the MBA Risk Management, QA and Fraud Prevention Forum with a tacit acknowledgement that the past year has been the busiest for the real estate finance industry in years.
 
MBA: 2Q Commercial/Multifamily Mortgage Debt Outstanding Up 1.5%
Commercial/multifamily mortgage debt outstanding increased by $60.7 billion (1.5 percent) in the second quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding report.
 
MBA: Loans in Forbearance Fall Under 3%
Loans in forbearance fell to under 3 percent for the first time since March 2020, the Mortgage Bankers Association reported Monday.
 
Home Price Index Reports Record-High 19.7% Annual Gain
Annual home price growth of 20 percent—once considered as unrealistic as, say, the Cleveland Browns winning a Super Bowl—is suddenly, like the Browns, a very distinct possibility. The monthly S&P CoreLogic Case-Shiller Indices reported annual home price gains nationwide of 19.7 percent in July, the fourth consecutive record gain.
 
 
Upcoming CMLA Education and Events
 
CMLA Upcoming Events
CMLA is committed to providing impactful and meaningful education and networking events to our members. Please visit the event page on the CMLA website for more information and we hope to see you soon!
 
CMLA Event Page
Upcoming CMLA Programs and Events
 
October 6 - Operations and Compliance Forum - Learn More
October 7 - 2021 CMLA Awards Luncheon with Reggie Rivers - REGISTER NOW
October 20 - Western Chapter Business Planning Workshop - REGISTER NOW
October 29 - 2021 CMLA Sporting Clay Tournament - REGISTER NOW
November 2021 - Northern Chapter Holiday Party - Coming Soon! 
November 2021 - Southern Chapter Holiday Party - Coming Soon! 
November 12 - Leadership Forum - Learn More
December 1 - Western Chapter Holiday Party - Coming Soon!
December 8 - Denver Holiday Party - Coming Soon!
January 2022 - Mortgage Leadership Program - Coming Soon!
 
 
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