FHFA, Treasury should cooperate on GSE capital buffer, housing groups say – National Mortgage News 5/17/17

  May 17 2017, 5:53pm EDT As reported by  Brian Collins in National Mortgage News, a coalition of affordable housing advocates, home builders and small mortgage lender groups, including CHLA, are urging FHFA and Treasury to work together to enable Fannie Mae and Freddie Mac to rebuild a capital buffer, to avoid a potential crisis … Continue reading

Independent Mortgage Bankers say Financial CHOICE Act still needs work (5/10/17)

“One additional provision is needed” by  Scott Olson This Op-Ed appeared in  HousingWire on 5/10/17. The Financial CHOICE Act (FCA) that recently passed the House Financial Services Committee provides regulatory relief for independent mortgage bankers (IMBs). IMBs are nonbank mortgage lenders – the very lenders that stepped up to expand mortgage access to … Continue reading