Letter to FHFA Director Watt – 9/23/16 – FHFA Single-Family Credit; Risk Transfer Request for Input (RFI)

Letter to FHFA Director Watt – 9/23/16 – FHFA Single-Family Credit; Risk Transfer Request for Input (RFI)

  2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601   September 23, 2016 Hon. Mel Watt Director, Federal Housing Finance Agency 400 7th Street SW Washington, DC  20024   CHLA Comment Letter – FHFA Single-Family Credit  Risk Transfer Request for Input (RFI) – June 2016   Dear Director … Continue reading

Wells Fargo Scandal Exposes Need for Bank Loan Officer Licensing (National Mortgage News 9/26/16)

Wells Fargo Scandal Exposes Need for Bank Loan Officer Licensing By Scott Olson September 26, 2016 The recent revelations about Wells Fargo opening unauthorized bank accounts have great potential to undermine consumer confidence once again in our financial sector. Requiring mortgage loan officers in depository institutions to pass the Secure … Continue reading

Letter to CFPB Director Cordray – 9/20/16 – Require All Bank Mortgage Loan Originators to Pass SAFE Act Exams

Letter to CFPB Director Cordray – 9/20/16 – Require All Bank Mortgage Loan Originators to Pass SAFE Act Exams

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 September 20, 2016 Mr. Richard Cordray Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC 20552 Dear Director Cordray: The Community Home Lenders Association (CHLA) writes to renew our long-standing recommendation that the CFPB impose a requirement that … Continue reading

National Mortgage News 9/15/16 – Federal Judge Dismisses Another GSE Shareholder Lawsuit

National Mortgage News 9/15/16 – Federal Judge Dismisses Another GSE Shareholder Lawsuit

Federal Judge Dismisses Another GSE Shareholder Lawsuit By Brian Collins September 15, 2016 WASHINGTON — Fannie Mae and Freddie Mac shareholders have lost another court decision in their efforts to overturn an agreement that allows the Treasury Department to capture most of the government-sponsored enterprises’ profits. A U.S. District Court … Continue reading