CHLA Renews Call for Changes to GSE Sweep Agreement and FHFA Recapitalization Plan – 12/16/15

CHLA Renews Call for Changes to GSE Sweep Agreement and FHFA Recapitalization Plan – 12/16/15

  Community Home Lenders Association Renews Call  for Changes to GSE Sweep Agreement and FHFA Recapitalization Plan in Wake of Jump Start Adoption   Contact: Scott Olson                                                                       For Immediate Release          571-527-2601          … Continue reading

Scotsman Guide 12/17/15 – Spending Bill Gives Congress the keys to GSEs’ Conservatorship

Scotsman Guide 12/17/15 – Spending Bill Gives Congress the keys to GSEs’ Conservatorship

Spending bill gives Congress the keys to GSEs’ conservatorship   Congressional leaders reached an agreement on a final spending bill late Wednesday that includes language effectively assuring Fannie Mae and Freddie Mac will not be released from government conservatorship for two years absent reforms by Congress. The omnibus bill, which … Continue reading

Recapitalization of Fannie and Freddie Less Likely – Housing Wire 12/16/15

Recapitalization of Fannie and Freddie Less Likely – Housing Wire 12/16/15

Omnibus bill prohibits Administrative recap and release for two years December 16, 2015 by  Ben Lane   From today’s article in Housing Wire:  “On the other hand, Scott Olson, the executive director of the Community Home Lenders Association, said that the CHLA is ‘disappointed’ by the House bill.  ‘While the Community … Continue reading

What to Expect from Regulators in 2016 – National Mortgage News 12/14/15

December 14, 2015 As reported by Brian Collins in National Mortgage News, different trade groups weighed in on regulatory issues facing mortgage lenders and servicers heading into 2016, including FHA, where CHLA noted that indemnification policies should be balanced and not discourage loans to lower credit score borrowers. Click Here for full article. … Continue reading