Trade group: America doesn’t need multiple GSEs – Interview with CHLA executive director, Scott Olson

 Feb 26, 2018   By Victor Whitman An interview with CHLA executive director Scott Olson appearing in Scotsman Guide on February 26, 2018, explains why the Community Home Lenders Association is opposed to increasing the number of GSE-type entities, among other proposed reforms. Click Here for full interview.  

CHLA Releases Detailed Concerns Regarding Multi-Guarantor GSE Reform Model

Concerns Regarding GSE Multi-Guarantor Model Community Home Lenders Association (CHLA) February 21, 2018   Last July, CHLA and 5 other associations representing small mortgage lenders testified before the Senate Banking Committee on GSE Reform.  All six groups opposed chartering new guarantors in addition to Fannie Mae and Freddie Mac. [LINK: … Continue reading

CHLA/CMLA Letter to CFPB Acting Director Mick Mulvaney – 2/13/18

  February 13, 2018   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) and the Community Mortgage Lenders of America (CMLA) are writing jointly to ask the CFPB to carry … Continue reading

Upbeat FHA outlook in Trump budget renews calls for premium reduction – National Mortgage News 2/13/18

  February 13, 2018 As reported by Brian Collins in National Mortgage News, while the Federal Housing Administration mortgage insurance program is expected to be very profitable in the coming fiscal year, renewing calls for a reduction in premiums for home buyers, this does not appear to be under consideration by the Trump … Continue reading