CHLA Letter to FHFA Director Watt re: Capital & Liquidity Requirements for Non-Bank Servicers

CHLA Letter to FHFA Director Watt re: Capital & Liquidity Requirements for Non-Bank Servicers

    2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 December 23, 2014 Hon. Mel Watt Director, Federal Housing Finance Agency 400 7th Street SW Washington, DC 20024 Capital & Liquidity Requirements for Non-Bank Servicers Dear Director Watt: The Community Home Lenders Association (CHLA) writes to offer our … Continue reading

Rob Chrisman 12/30/14 – CHLA Sends Letter to CFPB

Rob Chrisman 12/30/14 – CHLA Sends Letter to CFPB

The Community Home Lenders Association (CHLA) sent a letter to the CFPB urging them to enforce bank mortgage originators to meet the basic testing and continuing education requirements as licensed loan originators. Currently, these standards apply to only non-bank mortgage originators that require them to pass the SAFE Act test, undergo a background check … Continue reading

CHLA Calls on FHA to Lower Insurance Premiums – Housing Wire 12/19/14

Costs threaten housing recovery, trade groups say   December 19, 2014  by  Trey Garrison From Housing Wire:  “The Community Home Lenders Association and Community Mortgage Lenders of America wrote Thursday in a joint letter that the CFPB should take the online Rate Tracker off its website.”   Link to full article. … Continue reading

CHLA Letter to HUD Secretary Castro – Renews Call for FHA Premium Cut

  2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 December 17, 2014 Hon. Julian Castro Secretary Department of Housing and Urban Development 451 7th Street SW Washington, DC 20410 Dear Secretary Castro: The Community Home Lenders Association (CHLA) is writing to renew our request that FHA take immediate … Continue reading

CHLA Once Again Renews Call for FHA Premium Cut – 12/18/14

CHLA Once Again Renews Call for FHA Premium Cut – 12/18/14

  Community Home Lenders Association Once Again Renews Call For FHA Premium Cut                                        . . .CHLA Continues Campaign  for Premium Reduction in Letter to Castro Contact: Scott  Olson                                                                   For Immediate Release                                   … Continue reading

Inside Mortgage Finance 12/10/14 – CHLA Wants Depository Parity on LO Testing, More

December 10, 2014 Nonbank Trade Group Wants Depository Parity on Loan Officer Testing, More By Paul Muolo pmuolo@imfpubs.com The Community Home Lenders Association on Wednesday sent a letter to the Director of the Consumer Financial Protection Bureau, pleading that mortgage loan officers who work at federally insured depositories should meet the … Continue reading

Too Many Originators Don’t Meet Basic Education, Testing Standards – HousingWire 12/10/14

Association wants Cordray to crack down on independent originators   December 10, 2014  by Trey Garrison       Related Articles CHLA challenges FHFA IG report on risk from smaller nonbank lenders CHLA backs FHFA rules on PMI capital requirements   The Community Home Lenders Association sent a letter on Wednesday to Consumer Financial … Continue reading

High Uniform Standards for All Mortgage Originators

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201(571) 527-2601 December 10, 2014    High Uniform Standards for All Mortgage Originators   Mr. Richard Cordray Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC  20552   Dear Director Cordray:   The Community Home Lenders Association writes to renew our … Continue reading