CHLA STATEMENT ON GINNIE, FHFA STANDARDS
Scaled back IMB requirements are a significant improvement and appreciated-but concerns remain about impact on smaller IMBs.
Scaled back IMB requirements are a significant improvement and appreciated-but concerns remain about impact on smaller IMBs.
The Community Home Lenders Association (CHLA) and the Community Mortgage Lenders of America (CMLA) announced they are merging. The combined organization will be renamed the… Read More »CHLA AND CMLA ANNOUNCE MERGER
Scott Olson, Executive Director of the Community Home Lenders Association (CHLA) today issued the following statement in response to FHFA’s announcement that it would be reproposing a capital rule for Fannie Mae and Freddie Mac.
In a novel approach to creating a Utility Model for the GSEs, CHLA suggested in a letter to the CFPB that the QM rule to… Read More »CHLA Letter to CFPB: USE QM PATCH RULEMAKING TO HELP FACILITATE A GSE UTILITY MODEL
CHLA sends a letter to Congressional appropriations leaders asking for (1) higher pay scales for FHA staff, commensurate with other financial regulators and (2) re-authorization… Read More »CHLA Asks Congress to Approve Higher Pay Scale for FHA Staff and to Fund Needed FHA IT Upgrades
CHLA Calls on RHS to Eliminate “Anachronistic” Interest Rate Cap Contact: Scott Olson … Read More »CHLA Calls on RHS to Eliminate "Anachronistic" Interest Rate Cap