CHLA Letter to FHFA Director Watt re: Capital & Liquidity Requirements for Non-Bank Servicers

CHLA Letter to FHFA Director Watt re: Capital & Liquidity Requirements for Non-Bank Servicers

    2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 December 23, 2014 Hon. Mel Watt Director, Federal Housing Finance Agency 400 7th Street SW Washington, DC 20024 Capital & Liquidity Requirements for Non-Bank Servicers Dear Director Watt: The Community Home Lenders Association (CHLA) writes to offer our … Continue reading

Rob Chrisman 12/30/14 – CHLA Sends Letter to CFPB

Rob Chrisman 12/30/14 – CHLA Sends Letter to CFPB

The Community Home Lenders Association (CHLA) sent a letter to the CFPB urging them to enforce bank mortgage originators to meet the basic testing and continuing education requirements as licensed loan originators. Currently, these standards apply to only non-bank mortgage originators that require them to pass the SAFE Act test, undergo a background check … Continue reading

National Mortgage News 12/19/14 – FHA Faces Rough Road Ahead in 2015

National Mortgage News 12/19/14 – FHA Faces Rough Road Ahead in 2015

FHA Faces Rough Road Ahead in 2015 BY BRIAN COLLINS DEC 19, 2014 1:30pm ET WASHINGTON — The Federal Housing Administration is facing severe challenges next year as some pressure it to lower premiums to deal with new competition from the government-sponsored enterprises, even while its insurance fund remains weak … Continue reading

HousingWire 12/19/14 – CHLA Calls on FHA to Lower Insurance Premiums

Community bankers call on FHA to lower mortgage insurance premiums Costs threaten housing recovery, trade groups say Trey Garrison December 19, 2014 12:05PM Related Articles Community Home Lenders Association renews call for FHA premium cut The mortgage finance industry wants the Federal Housing Administration to reduce its premiums, and they’re not being … Continue reading

CHLA Letter to HUD Secretary Castro – Renews Call for FHA Premium Cut

  2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 December 17, 2014 Hon. Julian Castro Secretary Department of Housing and Urban Development 451 7th Street SW Washington, DC 20410 Dear Secretary Castro: The Community Home Lenders Association (CHLA) is writing to renew our request that FHA take immediate … Continue reading

CHLA Once Again Renews Call for FHA Premium Cut – 12/18/14

CHLA Once Again Renews Call for FHA Premium Cut – 12/18/14

  Community Home Lenders Association Once Again Renews Call For FHA Premium Cut                                        . . .CHLA Continues Campaign  for Premium Reduction in Letter to Castro Contact: Scott  Olson                                                                   For Immediate Release                                   … Continue reading

Inside Mortgage Finance 12/10/14 – CHLA Wants Depository Parity on LO Testing, More

December 10, 2014 Nonbank Trade Group Wants Depository Parity on Loan Officer Testing, More By Paul Muolo pmuolo@imfpubs.com The Community Home Lenders Association on Wednesday sent a letter to the Director of the Consumer Financial Protection Bureau, pleading that mortgage loan officers who work at federally insured depositories should meet the … Continue reading

HousingWire 12/10/14 – Too Many Originators Don’t Meet Basic Education, Testing Standards

CHLA to CFPB: Too many originators don’t meet basic education, testing standards Association wants Cordray to crack down on independent originators Trey Garrison December 10, 2014 4:30PM Related Articles CHLA challenges FHFA IG report on risk from smaller nonbank lenders CHLA backs FHFA rules on PMI capital requirements   The Community … Continue reading

High Uniform Standards for All Mortgage Originators

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201(571) 527-2601 December 10, 2014    High Uniform Standards for All Mortgage Originators   Mr. Richard Cordray Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC  20552   Dear Director Cordray:   The Community Home Lenders Association writes to renew our … Continue reading