Joint Letter to FHFA Director Watt to suspend the quarter dividend sweep and direct Fannie Mae and Freddie Mac to develop capital restoration plans

June 18, 2018 The Honorable Mel Watt Director Federal Housing Finance Agency 400 7th Street, SW Washington, DC 20024 Dear Director Watt: The signatories below represent civil rights organizations and trade associations of community banks, builders, and independent mortgage lenders. Under your leadership, Fannie Mae and Freddie Mac have made … Continue reading

CHLA Letter to FHA Commissioner Brian Montgomery – 5/30/18

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601   May 30, 2018 Mr. Brian Montgomery Commissioner Federal Housing Administration Department of Housing and Urban Development 451 7th Street SW Washington, DC 20410 Dear Commissioner Montgomery: The Community Home Lenders Association (CHLA) writes to congratulate you on your confirmation … 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

CHLA Essential GSE Reform Small Lender Protections – 1/24/18

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