Scott Olson, executive director of the Community Home Lenders of America (CHLA), said that the trade group was “pleased” that the FSOC has embraced its… Read More »HOUSINGWIRE – FSOC recommends more regulation and liquidity for nonbank servicers
Scott Olson, executive director of Community Home Lenders of America, another trade group, said the FSOC report does not indicate significant taxpayer risk and only… Read More »CNN – Mortgage companies could intensify the next recession, US officials warn
In its white paper, CHLA explained the mechanics of pricing by the credit reporting agencies. Although the credit reporting agencies blame FICO for the rate increases,… Read More »Inside Mortgage Finance – Lenders Face Skyrocketing Costs for Credit Scores
“CHLA applauds Freddie Mac for allowing the use of AOLs as an alternative to title insurance as well as aligning their practices more closely with… Read More »HOusingWire – Freddie Mac expands use of AOLs in selling guide updateHOusingWire
Now, the CHLA commended the Federal Housing Finance Agency for reviving the title waiver pilot, which had gone by the wayside in August 2023. “CHLA… Read More »National Mortgage News – Is Title Insurance Ripe for Disruption?
“CHLA appreciates Fannie Mae’s clarification today that seller payment of buyer realtor commissions will not be counted towards seller concession caps,” a spokesperson wrote in… Read More »Housingwire – GSEs will not count buyer agent commissions in cap on seller concessions