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November 2021 WMBA President’s Message

Greetings Friends and Colleagues,

Thanks to those that attended last month’s WMBA event featuring Dave Savage, Dan Keller and Addy Net. We appreciated these industry leaders taking time out of their busy schedules to present yet another wonderful event for our members!

As we enter the holiday season, we’re reminded to take some time to reflect on what we’re thankful for, including our health, our families, and our livelihoods. And I think we can all agree it’s been another rewarding year for those of us in the mortgage industry. We’ve been able to sustain production levels as a result of our continued, low-rate environment and strong housing demand.  For those that attended the National MBA in San Diego last month, we learned there’s still plenty of optimism for the industry going forward, yet it’s tempered with an expected shift of rates moving higher, a reduced refinance demand, and continued inflation concerns.

Also on a national level, we are wrapping up our awareness drive for the MAA (Mortgage Action Alliance). This effort has been spearheaded by our very own Mike Olden.  For those who haven’t signed up for this critical “call to action” membership, please do so now (for free) using the following link: Doing so enables one voice when making our positions known on policies and legislative changes that impact us all directly.

Here at the State level, this month the WMBA is excited to offer another exciting, virtual event on Nov. 16th featuring a renowned and inspirational speaker, coach, and strategic leader – Jon Cheplak.  The event will focus on “Leading, Retaining, and Attracting Highly Productive Human Resources.”  Special thanks to our Program’s Chair, Tonya Wortham, for continuing to secure these dynamic leaders to provide our members meaningful and relevant content that we can all benefit from in our daily lives! Register today:

Lastly, in honor of Veteran’s Day this week, all of us at the WMBA send our love, respect and appreciation to those who have served our country. We thank you for your dedication and sacrifices.

Have a happy and healthy Thanksgiving with your families and loved ones!

WMBA President


Jim DeMarco| President
Washington Mortgage Bankers Association


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