$30 million Technology Fee should instead come out of $7.1 billion in Net FHA Profits; FHA premiums Should be Reduced and Life of Loan Premiums… Read More »CHLA: Budget Numbers Show FHA is Continuing to Overcharge Borrowers – 5/23/17
May 23 2017, 4:14 pm EDT As reported by Brian Collins in National Mortgage News, CHLA and other mortgage lenders are objecting to the Trump administration’s proposed $30… Read More »Lenders protest proposed FHA fee for risk upgrades – National Mortgage News 5/23/17
May 17 2017, 5:53pm EDT As reported by Brian Collins in National Mortgage News, a coalition of affordable housing advocates, home builders and small mortgage lender groups, including CHLA,… Read More »FHFA, Treasury should cooperate on GSE capital buffer, housing groups say – National Mortgage News 5/17/17
May 11, 2017 As reported on ScotsmanGuide.com, FHFA Director Mel Watt has indicated that the regulator may suspend the profit sweeps to the U.S. Treasury… Read More »Watt says FHFA could withhold GSE dividends – Scotsman Guide 5/11/17
CHLA Lauds FHFA Director Watt’s testimony on GSE Capital Buffer, Reforms Undertaken to Date Contact: Scott Olson … Read More »CHLA lauds FHFA Director Watt's testimony on GSE Capital Buffer
“One additional provision is needed” by Scott Olson This Op-Ed appeared in HousingWire on 5/10/17. The Financial CHOICE Act (FCA) that recently passed the House Financial Services… Read More »Independent Mortgage Bankers say Financial CHOICE Act still needs work (5/10/17)