The Community Home Lenders of America submitted comments resisting the Financial Stability Oversight Council labeling non-bank financial companies as systemically important financial institutions (SIFI).
CHLA responds to to the Financial Stability Oversight Council (FSOC) designating non-bank financial companies as systemically important financial institutions (SIFI). In their letter, CHLA emphasized… Read More »CHLA Opposes Designation of Any IMBs as Systemically Important Financial Institutions
President of CHLA, Taylor Stork, states that new capital requirements under the Basel III regulations combined with interest rate hikes would “only likely heighten the… Read More »Housingwire – How the Basel End Game Could Impact the Mortgage Market
CHLA creates the ‘Consumer Mortgage Bill of Rights’ to address the most common mortgage abuses and provide practical solutions for such problems.
“Consumers obtaining a mortgage loan enjoy more consumer protection than with any financial product – however we can do better. CHLA’s ‘Consumer Mortgage Bill of… Read More »Consumer Mortgage Bill of Rights
CHLA sees Fannie Mae and Freddie Mac’s updated reforms to provide better transparency as a step in the right direction for condo standards and loan… Read More »National Mortgage News – Fannie Mae, Freddie Mac Updated Condo and Co-Opt Unit Policies