Dozens of home equity companies plan to attend the 110th convention, spanning from A & D to Zion: A & D Mortgage is the traditional first mortgage lender that earlier this summer launched a second mortgage product, although not HELOCs. Conversely, Zion Bancorporation is one of the nation’s top HELOC originators, amassing $3.14 billion in 2022 while offering lines of credit up to $2.5 million.
Almost 60 companies involved in second mortgages, including pure plays like FirstClose and Spring EQ, have registered for the MBA’s Annual Convention & Expo, from October 15 to 18, at the Pennsylvania Convention Center. Overall, 2,267 individual attendees signed up so far. Real estate finance professionals hold their largest gathering each year to network while gaining access and insight into all facets of the ever-changing landscape in mortgages. More than 150 exhibitors signed up to showcase their products and services.
Nothing on this year’s agenda will focus solely on second mortgages, but several panels will cover a range of pressing issues and trends pertinent to home-equity lending. The convention’s first special session, “Market Outlook” occurs on October 15 at 4 pm. In a one-hour talk, the MBA’s Chief Economist, Mike Fratantoni, Ph.D., and his three-person team will provide an analysis of the economy and housing markets.
Two of the convention’s featured speakers include Tim McGraw, the singer and actor; and Jon Meacham, the author and presidential historian. Registration costs for MBA members ($1,599) and non-members ($3,199) increase after October 1. However, the MBA offers some discounted prices, including to attendees who register as a group.
Nunyo Demasio is a reporter for Home Equity Lending News. He has two decades in journalism, and his work has been published at major news publications including The Washington Post, New York Daily News and Sports Illustrated. He interned at The New York Times and worked as an author and editorial director at Penguin Random House. Nunyo obtained a Bachelor’s degree in communications from St. John’s University.