Those of us who are Packer fans have now had to face the reality that success will have to wait until "maybe next year". In business, waiting until next year just won't cut it !! 2016 is here and we are all fully engaged to insure we get our customers to their Super Bowl of home ownership.
 
We want you to know that the WMBA is engaged and ready to help you achieve success in 2016. Our Chapters have planned events designed to help you reach your goals. Get those dates on your calendar and take advantage of some great programs.
 
Speaking of dates........April 14-15 will be an opportunity to join your industry colleagues for our Spring Conference at the Hyatt Regency in Milwaukee. Save these dates and stay tuned for details coming very soon.
 
The new format of our newsletter is designed to keep you up to date on industry issues, WMBA events, National MBA partnerships and advocacy. This format is a culmination of information coming from your WMBA State and Chapter partners and our National MBA partners.........all in one easy to use monthly update. We hope this new format is helpful and keeps you connected to WMBA. 

Legislative Update - George Klaetsch

Governor Walker announced that Lon Roberts would be replacing DFI Secretary Ray Allen.   Roberts retired in December of 2015 as a partner and shareholder with the Ruder Ware law firm in Wausau, Wisconsin, where he served as President and concentrated his practice in business and commercial law, primarily in the areas of corporate mergers and acquisitions, finance, lending, and private equity capital transactions.  His extensive community involvement includes his service as President of the Grand Theatre Foundation and past President of the Wausau Region Chamber of Commerce.  In addition, he serves on the Wisconsin Law Foundation and has annually received the Best Lawyers in America recognition for Corporate Law and Mergers & Acquisitions Law since 2007.  Governor Walker appointed Roberts as Chair of the State of Wisconsin Investment Board (SWIB) in 2012 and committee member of the Judicial Selection Advisory Committee (JSAC) in 2011.  He received his Bachelor of Science degree from the University of Wisconsin-Stevens Point and his Juris Doctor from the University of Wisconsin-Madison. Original Story: https://www.wdfi.org/

2016 Real Estate and Finance Conference

Fratantoni to Provide Economic Update at WMBA Real Estate and Finance Conference

Mike Fratantoni, Chief Economist and Senior Vice President, Research and Industry Technology for the Mortgage Bankers Association (MBA) will speak at the April 2016 WMBA Real Estate and Finance Conference. Mr. Fratantoni brings over 20 years of industry experience to his current role, including risk management and senior economist positions at Washington Mutual and Fannie Mae. Mark your calendar and watch for registration to open in early 2016!
 

Madison

		2016 Madison Chapter: Organizing and Planning 101 and TRID Panel February 11, 2016 Promega Auditorium 5445 E Cheryl Pkwy Madison, WI 608-277-2669
		2016 Madison Chapter: Lender's Down Payment Assistance Training February 17, 2016 Dane County UW Extension Offices 5201 Fen Oak Court Madison, WI

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Milwaukee

2016 Milwaukee Chapter: Organizing and Planning 101 February 10, 2016 Midway Hotel & Suites 1005 S Moorland Rd Brookfield, WI 53005 (262) 786-9540

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Northeast

2016 Northeast Chapter: Essentials for Mortgage Professionals.  Plan for success in 2016! February 9, 2016 Tundra Lodge 865 Lombardi Avenue Green Bay, WI

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Stevens’ Statement on FHA MIP Reduction for Multifamily Mortgages

WASHINGTON, D.C. (January 28, 2016) - Housing and Urban Development (HUD) Secretary Julian Castro today announced that Mortgage Insurance Premiums (MIPs) will be reduced for FHA loans on multifamily affordable and energy efficient properties. David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) offered the following statement:

"HUD's decision today is a positive step toward helping support the need for affordable and more cost efficient rental housing. Specifically, the reduction in Mortgage Insurance Premiums for FHA loans on multifamily affordable and energy efficient properties may help build more apartments and allow for more families and individuals to access affordable and energy efficient housing. This is one significant element to expand the availability of affordable and workforce rental housing in America and we will continue to advocate for other measures toward these critically important objectives." 

Original Story: https://www.mba.org/2016-press-releases/january/stevens%E2%80%99-statement-on-fha-mip-reduction-for-multifamily-mortgages

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