Contact: Scott Olson For Immediate Release 571-527-2601 … Continue reading
December 14, 2017 As Thomas Ressler writes in IMF news, the Community Home Lenders Association has asked CFPB Acting Director Mick Mulvaney to delay the new HMDA requirements slated to go into effect January 1, 2018. Click Here for full article.
December 13, 2017 As reported by Kate Berry in National Mortgage News, in a letter to CFPB’s acting director, Mick Mulvaney, the Community Home Lenders Association have requested a delay in implementing the expanded requirements of the HMDA and a safe harbor for lenders showing good-faith compliance. Click Here for full … Continue reading
December 13, 2017 The Honorable Mick Mulvaney Acting Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC 20552 Dear Acting Director Mulvaney: The Community Home Lenders Association (CHLA) is writing to urge the CFPB to delay the implementation of new data point requirements under the Home Mortgage … Continue reading
CHLA Calls on Congress to Make Changes to Restore Homeownership Tax Incentives – Releases More Details on CHLA’s Mortgage Credit Proposal Contact: Scott Olson For Immediate … Continue reading
December 2017 PROVISIONS 15 % non-refundable tax credit for the amount of combined qualified mortgage interest, property taxes, and charitable deductions that exceed $13,00 [$6,500 for individuals]. [OPTION: Although more complex and costly, the proposal could be modified to allow a 22% and a 24% tax credit for taxpayers … Continue reading
December 01 2017 As reported by Brian Collins in National Mortgage News, with the passage of the tax reform bill by the Senate appearing to be a certainty, Sen. Mike Rounds, R-S.D., has sponsored an amendment to exempt mortgage servicers from a provision which requires them to pay taxes upfront … Continue reading