Non-bank lenders have become the largest source of mortgage lending in the country. – The Washington Post 9/21/18

September 21, 2018 As reported by Jonnelle Marte in The Washington Post, non-bank lenders have been increasing their market share due in part to traditional banks scaling back their presence in the mortgage market. “Banks aren’t really making loans to low- to moderate-income families, so non-banks are doing it,” said Scott Olson, executive … Continue reading

Federal control of Fannie and Freddie – What’s Next? – National Mortgage News 9/3/18

September 03 2018 As reported by Hannah Lang on Nationalmortgagenews.com, ten years have passed since the GSEs were placed in “temporary” conservatorship, and long-term GSE reform still seems far-off.  Scott Olson, CHLA executive director, comments on some of the reforms enacted under FHFA, and voices support for the GSEs’ need to hold on … Continue reading

FHFA ends GSE’s expanding role in its single-family rental pilot programs – Nat’l Mortgage News 8/21/18

August 21, 2018 As reported by Elina Tarkazikis on nationalmortgagenews.com, the Federal Housing Finance Agency is ending its experimental programs expanding the GSEs into the single-family rental market, a move supported by the Community Home Lenders Association. “The Community Home Lenders Association is pleased that FHFA has concluded that GSE financing of large-scale … Continue reading

FHFA has announced end of expansion into the single-family rental market – Housing Wire 8/21/18

August 21, 2018 As reported by Ben Lane on HousingWire.com, FHFA has announced an end to their expansion into the single-family rental market – a move supported by the Community Home Lenders Association. “The Community Home Lenders Association is pleased that FHFA has concluded that GSE financing of large-scale single-family rental portfolios … Continue reading

Treasury urges mortgage sector to embrace digital tech – Nat’l Mortgage News 8/06/18

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

Opinion by CHLA President Bill Giambrone – Blazing a Trail Through the GSE Jungle – Scotsmanguide.com July 2018

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