In a new HousingWire op-ed piece, Scott Olson argues that while Ginnie Mae has proven to be extremely successful, it could become even more effective… Read More »Housingwire: Ginnie Mae Cash Window Would Help Lenders, Borrowers
For too far too long, low-middle income communities have been plagued with housing shortages as well as neighborhood disinvestment and decline. CHLA stands to solve… Read More »Inside Mortgage Finance – Housing Tax Credit Legislation Reintroduced
The practice of using repurchase demands as the default option for performing GSE loans with defects also hurts consumers by discouraging new GSE loans to underserved borrowers and to borrowers in… Read More »National Mortgage News: Fannie Mae, Freddie Mac must drop repurchase policies
The Community Home Lenders Association last week called on the Consumer Financial Protection Bureau to put into place consumer protections on the use of dual… Read More »Inside Mortgage Finance – CHLA Asks CFPB for Dual Compensation Restrictions
CHLA acknowledged that repurchases have long been the default response to loans that don’t meet GSE underwriting standards. “What’s changed in the last year is… Read More »Inside Mortgage Finance – Surging Repurchase Requests May Not Reflect Policy Changes
“The skyrocketing of mortgage rates has undermined FHA’s main loss mitigation tool for helping distressed borrowers – and FHA’s nimbleness in finding a workaround for… Read More »Housingwire – FHA Unveils Proposal for a New Partial Claim Option