Time to end Fannie, Freddie Conservatorship (11/23/15)

Here’s how to do it CHLA shares plan for recapitalizing GSEs   This Op-Ed appeared in HousingWire on November 20, 2015. by Scott Olson   Fannie Mae and Freddie Mac are back in the news. Administration officials recently said they have no plans to end the GSE Profit Sweep or recapitalize them. And Freddie Mac reported … Continue reading

Scotsman Guide 11/18/15 – Ending GSE’s Conservatorship would Hurt Consumers

Wed Nov 18, 2015 10:30 PDT   A national consumer-advocacy federation says the recent calls from affordable-housing advocates and some mortgage-banking associations to recapitalize and release Fannie Mae and Freddie Mac from government control are misguided. A “recap-and-release” plan without significant reforms could make mortgages harder to obtain and more … Continue reading

FHA reaches capital mandate and here’s what’s next – Housing Wire 11/16/15

Industry, legislators weigh in on FHA’s performance and future   November 16, 2015 by Ben Lane From Housing Wire:  “The Community Home Lenders Association commends FHA for its strong financial results – and renews its call made last month for a further premium cut now that the FHA Fund exceeds … Continue reading

Mortgage News Daily 11/05/15 – CHLA Expresses Concerns on Credit Risk Sharing; Cites J P Morgan Chase

  BY: ROB CHRISMAN   House to Vote on G-Fee Measure; What Impac, Stonegate, PennyMac, and PHH Earnings Tell Us   Nov 5 2015, 8:38AM The MBA spread the word that in Congress the House is going to vote today on ending “using g fees to support the highway program” today. “We … Continue reading

Community Lenders Push White House to Recapitalize Fannie, Freddie – Housing Wire 11/05/15

Say GSEs’ third quarter results are further evidence that conservatorship must end   November 5, 2015  by Ben Lane   From the above-referenced article in Housing Wire:   “In a letter sent earlier this week to President Obama, the Community Home Lenders Association and Community Mortgage Lenders of America urge the administration to not wait for … Continue reading

Mortgage News Daily 11/03/15 – CHLA Calling on FHA to Lower Premiums; Eliminate Life of Loan Premium Policy

BY: ROB CHRISMAN FHA News; MERS, BofA, Fifth Third Appraisal Whistleblower Settlements   Nov 3 2015, 7:55AM Are we heading for a “Pearl Harbor” type event in the internet? Possibly, and cyber security is certainly becoming critical. And it just isn’t always simple. (Yes – use the electrical outlet – don’t let … Continue reading