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
February 13, 2018 As reported by Brian Collins in National Mortgage News, while the Federal Housing Administration mortgage insurance program is expected to be very profitable in the coming fiscal year, renewing calls for a reduction in premiums for home buyers, this does not appear to be under consideration by the Trump … Continue reading
As reported by Victor Whitman in ScotsmanGuide.com, A GSE reform bill pending in the Senate Committee on Banking, Housing, & Urban Affairs has some small-lender trade groups concerned the newly proposed system will give big banks the opportunity to control the secondary market. Click Here for full article.
January 26, 2018 “Two community mortgage-lender trade associations say they have serious concerns about a recent report on how a government-sponsored enterprise (GSE) reform bill is evolving in the U.S. Senate Committee on Banking, Housing & Urban Affairs.” – (Victor Whitman, Scotsmanguide.com, 1/26/18) Click Here for full article.
January 24 2018, 1:57pm EST As reported by Ian McKendry in National Mortgage News, the Community Home Lenders Association provided the Senate Banking Committee yesterday with its recommendations for protecting small lenders as GSE reforms are considered. Click Here for full article.
2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 Essential GSE Reform Small Lender Protections Community Home Lenders Association (CHLA) January 24, 2018 Preserve Fannie Mae and Freddie Mac – for Fully Competitive Cash Window Fannie and Freddie must be preserved and recapitalized, pursuant to a Utility … Continue reading
January 18, 2018 As reported in Scotsman Guide, FHFA Director Mel Watt has outlined the agency’s recommended approach to reform the GSEs. Declaring that the conservatorship of Fannie Mae and Freddie Mac is unsustainable, he has proposed that they be turned into shareholder-owned utilities. Click Here for full article.
December 26, 2017 As reported by Brian Collins in National Mortgage News, GSE reform in 2018 is more likely than ever. The Community Home Lenders Association is seeing many of its priorities being positively addressed. Click here for full article.
Contact: Scott Olson For Immediate Release 571-527-2601 … Continue reading
December 13, 2017 As reported by Kate Berry in National Mortgage News, in a letter to CFPB’s acting director, Mick Mulvaney, the Community Home Lenders Association have requested a delay in implementing the expanded requirements of the HMDA and a safe harbor for lenders showing good-faith compliance. Click Here for full … Continue reading