Consumer complaint database could soon go – Scotsman Guide 4/16/18

April 16, 2018 Scotsman Guide  The Consumer Financial Protection Bureau (CFPB) under the direction of Mick Mulvaney, is reviewing how the agency handles consumer complaints against financial-services companies. Members of the mortgage industry have opposed the releasing of these complaints to the public, stating without full verification, some companies may … Continue reading

Dodd-Frank relief bill moves to the Senate floor – Scotsman Guide 3/05/18

March 5, 2018 As posted on Scotsmanguide.com by Victor Whitman (victorw@scotsmanguide.com) Senate Bill 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, likely has enough bi-partisan support in the Senate to avoid a filibuster.  It is being described as a “skinny” reform measure to address Dodd-Frank.  Scott Olson, executive director … Continue reading

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