August 9, 2018 by Scott Olson Independent mortgage bankers have increasingly been in the news of late. Ten years after the 2008 housing crisis, the strong trends of IMB growth in mortgage lending continue as banks show little sign of reversing their retreat from our mortgage markets. Community-based IMBs have thrived … Continue reading
August 6, 2018 As reported by Hannah Lang in National Mortgage News today, the recently released report by the Treasury Department is being well-received by the mortgage industry, including industry representatives of the smaller and mid-sized independent mortgage banks like the Community Home Lenders Association (CHLA). Click Here to read … Continue reading
August 9, 2018 READ CHLA – 2018 Report on Independent Mortgage Bankers HERE
Housing-finance reform doesn’t require hacking away the current system This article appeared on Scotsmanguide.com - July 2018 By Bill Giambrone, president and CEO, Platinum Home Mortgage | bio In just two months, it will be the 10-year anniversary of the federal government putting Fannie Mae and Freddie Mac into conservatorship. This past April, Treasury … Continue reading
June 25 2018 In Rob Blackwell‘s Opinion piece in National Mortgage News, he acknowledges that support from community banks is crucial for passage of GSE reform. Click Here for full article.
June 27, 2018 Reported by Hannah Lang in National Mortgage News - CHLA Executive Director, Scott Olson, talks about the potential problems of additional guarantors, the importance of G Fee parity and prospects for administrative reform of FHFA. Click Here for full article.
June 21, 2018 As reported by Victor Whitman in Scotsman Guide, the White House yesterday released their plan to end the federal charters of GSEs and privatize Fannie Mac and Freddie Mae. Click Here for full article.
June 1, 2018 by Rob Chrisman (Excerpt) …“Because FHA borrowers are being overcharged and FHA’s financial metrics continue to be strong, CHLA is renewing its call to reduce annual premiums and end Life of Loan,” says Scott Olson. Click Here for full article.
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
April 23, 2018 As posted on Scotsmanguide.com by Victor Whitman (firstname.lastname@example.org) Two members of Congress on the House Financial Services Committee, have introduced legislation seeking better guidance from the CFPB in response to a call from some mortgage industry groups. Click here for full article.