Scotsman Guide: Lending industry pushes back against GSEs’ new fee on refinances
A Scotsman Guide article highlights CHLA’s strong pushback against Fannie Mae and Freddie Mac imposing a new 50 basis point fee on refinances.
A Scotsman Guide article highlights CHLA’s strong pushback against Fannie Mae and Freddie Mac imposing a new 50 basis point fee on refinances.
A National Mortgage News article highlights industry pushback against a newly announced GSE adverse market fee for refis, quoting CHLA’s criticisms of the move.
A Housing Wire article on FHA’s announcement that it would impose a 20% first loss indemnification penalty on validly underwritten loans that go into forbearance… Read More »Housing Wire: FHA enacts temporary policy shift on forbearances; CHLA pushes back on 20% first loss penalty
A National Mortgage News story highlights CHLA’s joint letter to HUD Secretary Carson, FHFA Director Calabria, VA Secretary Wilkie, and RHA Administrator Lammers asking for… Read More »National Mortgage News: CHLA Calls for Guidance on Coronavirus Forbearance Requirements
CHLA sent a joint letter to Treasury Secretary Mnuchin, HUD Secretary Carson, and FHFA Director Calabria, urging decisive action to ensure liquidity of IMB servicers… Read More »National Mortgage News: CHLA Seeks Suspension of Tighter GSE Requirements Due to Coronavirus, Small Business Concerns
The Federal Housing Finance Agency’s new proposal on higher capital standards for Fannie Mae/Freddie Mac servicers is still pretty fresh but already the industry is reacting. The Community Home Lenders… Read More »Inside Mortgage Finance: CHLA Raises Concerns about Higher GSE Seller-Servicer Requirements