Responding to a request for comment, CHLA Executive Director Scott Olson this week said that since writing to the DOJ, CHLA has “heard from multiple small and mid-sized independent mortgage banks about the risks this merger could pose for consumers, both with respect to pricing and tying concerns that could be created by such an increase in market concentration.”
The Community Home Lenders Association wrote a letter to Ginnie, renewing its request that the government bond insurer “exempt small and mid-sized independent mortgage banks”… Read More »National Mortgage News: Ginnie Mae’s New Capital Rules Draw Split Opinions
This week CHLA Executive Director Scott Olson joined the Chrisman Commentary – Daily Mortgage News podcast to talk about cultural shifts in the mortgage industry, mortgage advocacy, the CHLA/CMLA merger, and the role CHLA plays in national mortgage story.
Inside Mortgage Finance article about the merger of CHLA and CMLA, concluding that “‘The merger will create space for more policy advocacy for smaller originators,’… Read More »inside mortgage finance: CHLA, CMLA Merge as Key Nonbank Policy Issues Brew
In an interview with Christopher Whalen, CHLA Executive Director Scott Olson discusses the new impact CHLA will have in Washington after merging with the Community… Read More »The institutional risk analyst: Interview with Scott Olson of Community Home Lenders of America
An Inside Mortgage Finance article highlights the impact CHLA and CMLA letters had on Ginnie Mae and FHFA’s reductions of financial requirements for issuers and… Read More »inside mortgage finance: FHFA and Ginnie Align Financial Eligibility Requirements