CHLA Implementation Plan for GSE Reform – 3/29/17

[March 29, 2017] CHLA GSE REFORM PLAN   MAJOR CHLA OBJECTIVES FOR GSE REFORM • Preserve 30-year affordable mortgage with broad consumer access to mortgage credit. A federal guarantee of qualified mortgage backed securities (MBS) is needed to access sufficient investors to ensure affordable mortgages for all qualified borrowers, with … Continue reading

Letter to FHFA Director Watt 3/15/17 – Expresses Concerns re:Fannie Mae $1 Billion Blackstone Invitation Homes Deal

Letter to FHFA Director Watt 3/15/17 – Expresses Concerns re:Fannie Mae $1 Billion Blackstone Invitation Homes Deal

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 March 15, 2017 Hon. Mel Watt Director Federal Housing Finance Agency 400 7th Street SW Washington DC 20024 Dear Director Watt: The Community Home Lenders Association (CHLA) writes to express our concerns about reports that Fannie Mae is providing $1 … Continue reading

CHLA Commends HUD for FHA Premium Cut – 1/08/2017

Community Home Lenders Association Commends HUD for FHA Premium Cut For Immediate Release     January 8, 2017 Contact: Scott Olson 571-527-2601 __________________________________ Scott Olson, Executive Director of the Community Home Lenders Association (CHLA), today released the following statement in response to HUD’s announcement today that it was cutting annual FHA … Continue reading

Letter to CFPB Director Cordray 1017/16 – CFPB Proposed Rule – TRID

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 October 17, 2016 Comment Letter – CFPB Proposed Rule – TRID Docket No. CFPB – 2016 – 0038 Mr. Richard Cordray Director, Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC 20552 Dear Director Cordray: The Community Home Lenders … Continue reading

Letter to HUD Deputy Secretary Golding 10/13/16 – Another request to FHA to further reduce annual premiums and end “Life of Loan” policy

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 October 13, 2016 Mr. Edward Golding Principal Deputy Assistant Secretary Office of Housing Department of Housing and Urban Development 451 7th Street SW Washington, DC 20410 Dear Mr. Golding: The Community Home Lenders Association (CHLA) writes to renew our request, … Continue reading

Letter to FHFA Director Watt – 9/23/16 – FHFA Single-Family Credit; Risk Transfer Request for Input (RFI)

Letter to FHFA Director Watt – 9/23/16 – FHFA Single-Family Credit; Risk Transfer Request for Input (RFI)

  2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601   September 23, 2016 Hon. Mel Watt Director, Federal Housing Finance Agency 400 7th Street SW Washington, DC  20024   CHLA Comment Letter – FHFA Single-Family Credit  Risk Transfer Request for Input (RFI) – June 2016   Dear Director … Continue reading

Letter to CFPB Director Cordray – 9/20/16 – Require All Bank Mortgage Loan Originators to Pass SAFE Act Exams

Letter to CFPB Director Cordray – 9/20/16 – Require All Bank Mortgage Loan Originators to Pass SAFE Act Exams

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 September 20, 2016 Mr. Richard Cordray Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC 20552 Dear Director Cordray: The Community Home Lenders Association (CHLA) writes to renew our long-standing recommendation that the CFPB impose a requirement that … Continue reading

Joint Letter to FHFA Director Watt – 5/31/16 – Suspend GSE Dividend Payments to Treasury

May 31, 2016   The Honorable Mel Watt, Director Federal Housing Finance Agency 400 7th Street, SW Washington, D.C. 20219 Dear Director Watt: Our organizations are deeply concerned that under the Preferred Stock Purchase Agreements with the Treasury Department, the capital buffers of Fannie Mae and Freddie Mac will be … Continue reading