Letter to CSBS – Proposed Regulatory Prudential Standards for Non-bank Mortgage Servicers

Letter to CSBS – Proposed Regulatory Prudential Standards for Non-bank Mortgage Servicers

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 June 23, 2015 CHLA Comment Letter to CSBS — Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers MSR Task Force Conference of State Bank Supervisors 1129 20th Street, NW, 9th Floor Washington, DC 20036 The Community Home Lenders Association (CHLA) … Continue reading

Nonbank Mortgage Lenders Grow Fast, But Stay Safe (American Banker 6/24/15)

Nonbank Mortgage Lenders Grow Fast, But Stay Safe  (American Banker 6/24/15)

Nonbank Mortgage Lenders Grow Fast, But Stay Safe                       BY SCOTT OLSON JUN 24, 2015 8:00am ET Recent reports of nonbank mortgage lenders’ growing market share of government-backed loans have raised concerns among some policymakers and industry observers. Some critics argue that nonbank lenders are less capitalized than banks and that their loans to … Continue reading

State Nonbank Servicing Plan is Duplicative

State Nonbank Servicing Plan is Duplicative

State Nonbank Servicing Plan Is ‘Duplicative,’ Groups Say BY BRIAN COLLINS JUN 24, 2015 4:32pm ET WASHINGTON — Two groups representing small and mid-size lenders say new proposed state mortgage servicing standards for nonbanks will add an unnecessary layer of regulatory burden, especially for firms servicing Fannie Mae and Freddie … Continue reading