HousingWire 3/09/15 – CHLA wants FHFA to Delay New Servicing Standards

CHLA wants FHFA to delay new servicing standards Concerned about negative impact on credit access, industry concentration Trey Garrison March 9, 2015 The Community Home Lenders Association has written a letter to the Federal Housing Finance Agency, saying its proposed servicing standards for nonbanks will be harmful. In particular, the CHLA says it is concerned … Continue reading

Inside Mortgage Finance 3/09/15 – Nonbanks Subject to Additional Servicing Requirements

Trade Group Says Nonbanks Subject to ‘Additional’ Requirements on Servicing By Paul Muolo pmuolo@imfpubs.com The Community Home Lenders Association has officially asked the Federal Housing Finance Agency to delay its proposal on nonbank capital standards for servicers, while suggesting that some firms have recently been subjected to “additional requirements.” The … Continue reading