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WASHINGTON MORTGAGE BANKERS ASSOCIATION


February 2021 WMBA President’s Message

Dear WMBA Members,

January was a powerful month (emphasis on FULL), wasn’t it?!?  We had the opportunity to both reflect on 2020 and consider how it informs our 2021 plans.

John Mitchell provided his annual forecast in the framework of Apollo’s Arrow (an invisible force that pushes us apart).  He educated the more erudite amongst us in monetary and fiscal policy.  There are so many more variations given the pandemic, the vaccine, and our economic condition.  The recovery is underway, but the trajectory is uncertain.

Our CEO panel was expertly moderated by our very own legendary leader, and Chairman of the WMBA Board, Rose Marie David.  And she masterfully guided the CEOs through big issues that are confronting them, diversity, affordable housing, post-election/post pandemic economy.  What I found most exciting was how they coalesced around the possibility that their collaborative leadership could strengthen our industry going forward.

Lennox Scott rounded out the month with his annual real estate forecast.  He introduce the “Sales Activity Intensity™” meter.  You will probably see it soon in real estate listings.  He forecasts that on a scale of slow to frenzy, our region will have cyclone activity in 2021.

If you missed these events, I’m sorry, but ask us about how to get a recording of the CEO panel or a link to Lennox’s forecast.  And, don’t miss Steve Richman, February 16th, “There’s no Going Back” will give you more to think about as you plan 2021.

Phew!  What a month!  And, we’re looking forward to seeing you at our upcoming events in March (Realtor Panel), April (Top Producing Manager Panel), May (Auction to benefit Habitat for Humanity), and July (Annual Golf Classic).  All are open for registration at www.wa-mba.org/events now.

As always, It is my honor and privilege to have this virtual podium and I appreciate every one of you who have read and consider these remarks!

 

Lisa Goldsmith| President

Washington Mortgage Bankers Association


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