Reading the Markets 2023
Wednesday, April 12, 2023, at 1 p.m. central time
Staying on course in the mortgage market requires vigorous attention to detail, and an unhurried swing to make the right decisions at the right times and for the right reasons. There is a certain amount of finesse required when it comes to understanding and effectively using the data to reach the hole and improve your score for success.
That strategy is best summed up by the old golf adage, “You have to try hard not to try hard.” Join ACUMA President Peter Benjamin, CMB, and mortgage industry expert – and former pro golfer – Bill Bodnar, Chief Revenue Officer for Tabrasa LLC, and Chief Market Analyst for the Mortgage Market Guide, as they examine current market data as a way to up your credit union’s mortgage lending game.
Bill taps into market data regularly to provide lenders nationwide with trend information designed to build not only credit union portfolios but also improve their games under any conditions. In this fast-paced and fun segment, the pair play their way through the real-time outlook for housing, mortgage markets, actions by the Fed, and tremors in the broader economy. These days, mortgage lending is no game, but with the right knowledge and proper strategy, you can beat the competition in finding ways to win new business and serve members.
- This session will be interactive so come with your questions.
- Open to anyone.
- Session will be recorded.
- By registering for this event, you submit your information to the webinar organizer and sponsor, who will use it to communicate with you regarding this event and their other services.
Chief Revenue Officer, Tabrasa
Bill Bodnar is Chief Revenue Officer of Tabrasa as well as Chief Market Analyst for their Mortgage Market Guide product. He has been with the firm since its inception over 20 years ago. A lifelong student of the financial markets, Bodnar brings strong financial literacy and technical analysis skills to the Tabrasa team. He plays a key role in the creation and publication of Mortgage Market Guide content being used by thousands of MLOs across the country every day. Bodnar is also a partner in The Bourbon Room, an 80s themed nightclub in Los Angeles.
Peter J. Benjamin, CMB
Peter J. Benjamin, CMB is the President of the American Credit Union Mortgage Association (ACUMA). A mortgage professional with 20 years of experience, Benjamin has held various positions throughout the mortgage industry including Senior Vice President of Mortgage Lending for Lafayette Federal Credit Union in Rockville, MD. During his time at Lafayette Federal, Benjamin led a high-performing mortgage team that exceeded production and budget goals each year, reduced the Credit Union’s cycle times to the industry-required timeframes; and improved the credit union’s application pull-through rate. As an association, Benjamin wants to see ACUMA members continue to foster the collaborative spirit that has made the association so great and work together to support the American Dream of homeownership. He sees ACUMA as a vital education arm that helps Member Credit Unions gain market share in the mortgage industry.
Arch MI supports credit unions with unmatched financial strength, best-in-class solutions, CU-specific expertise, professional training, seamless integration with leading LOS providers and our award-winning underwriting and customer service teams. We insure a wide range of mortgages, including loans outside GSE eligibility — with coverage from Arch Mortgage Guaranty Company® (AMGC) supporting portfolio lending with Day One rescission relief and flexible guidelines. Partner with Arch MI for traditional and unique MI solutions to grow your originations while reducing your risk exposure and help budget-conscious members lower their monthly premium payments with RateStar BuydownSM, the industry’s only MI buydown tool. archmicu.com