The Hill 6/07/17 – CHLA, CMLA & NAACP Op-Ed on Fannie Mae and Freddie Mac Troubles as Capital Dwindles

The Hill 6/07/17 – CHLA, CMLA & NAACP Op-Ed on Fannie Mae and Freddie Mac Troubles as Capital Dwindles

As capital dwindles, trouble looms for Fannie Mae and Freddie Mac BY GLEN CORSO, SCOTT OLSON AND HILARY SHELTON, OPINION CONTRIBUTORS - 06/07/17 06:40 PM EDT 30 Federal Housing Finance Agency (FHFA) Director Mel Watt recently delivered two direct messages to Congress: First, it is dangerous to operate the two institutions that … Continue reading

CHLA Releases Data Showing Non-Bank Dominance in FHA Loan Origination is Not New – 5/4/17

CHLA Releases Data Showing Non-bank Dominance in FHA Loan Origination is not a New Phenomenon   Non-bank Ginnie Mae Share has Soared Recently; but FHA market share was already high Current Period of Non-bank FHA dominance corresponds with Historically Low Defaults   Contact: Scott Olson           … Continue reading

CHLA Implementation Plan for GSE Reform – 3/29/17

[March 29, 2017] CHLA GSE REFORM PLAN   MAJOR CHLA OBJECTIVES FOR GSE REFORM • Preserve 30-year affordable mortgage with broad consumer access to mortgage credit. A federal guarantee of qualified mortgage backed securities (MBS) is needed to access sufficient investors to ensure affordable mortgages for all qualified borrowers, with … Continue reading

Letter to FHFA Director Watt 3/15/17 – Expresses Concerns re:Fannie Mae $1 Billion Blackstone Invitation Homes Deal

Letter to FHFA Director Watt 3/15/17 – Expresses Concerns re:Fannie Mae $1 Billion Blackstone Invitation Homes Deal

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 March 15, 2017 Hon. Mel Watt Director Federal Housing Finance Agency 400 7th Street SW Washington DC 20024 Dear Director Watt: The Community Home Lenders Association (CHLA) writes to express our concerns about reports that Fannie Mae is providing $1 … Continue reading

CHLA/CMLA Response Letter to Moody’s Analytics Economist

CHLA/CMLA Response Letter to  Moody’s Analytics Economist

Mark Zandi Chief Economist Moody’s Analytics 121 North Walnut Street, Suite 500 West Chester, PA 19380-3166   Dear Mark: We read with some interest your recent Washington Post article: “How the Trump Administration can continue progress in U.S. housing”. We were struck by your comments that: “Small non-bank lenders are … Continue reading

CHLA Commends HUD for FHA Premium Cut – 1/08/2017

Community Home Lenders Association Commends HUD for FHA Premium Cut For Immediate Release     January 8, 2017 Contact: Scott Olson 571-527-2601 __________________________________ Scott Olson, Executive Director of the Community Home Lenders Association (CHLA), today released the following statement in response to HUD’s announcement today that it was cutting annual FHA … Continue reading