The Community Home Lenders of America (CHLA) today released this statement in response to Ginnie Mae’s announcement it was delaying from 12/31/23 to 12/31/24 the compliance deadline for the new risk-based capital ratio
A National Mortgage News article reporting on Ginnie Mae’s one-year extension of issuer risk-based capital requirements highlights CHLA’s previous concerns about these requirements, cites CHLA… Read More »National Mortgage News: CHLA response to Ginnie Mae extending risk-based capital requirements
The Community Home Lenders Association, a trade group whose members are smaller independent mortgage banks, asked Ginnie to “show flexibility” in these requirements as it works with issuers “in order to avoid a potential adverse market impact which might result from issuers selling Ginnie Mae MSRs to meet the new requirements.”
A National Mortgage News by Paulina McGrath and Taylor Stork highlight CHLA’s release of its 2022 annual “IMB Report”
CHLA has made public comments on why Fannie Mae and Freddie Mac’s data should be made available to the public.
A National Mortgage News article on Fintech highlights CHLA’s comment letter asking FHFA to ban click fees and tying practices with respect to mortgage software… Read More »National Mortgage News: CHLA concerns about ice purchase of black Knight