CHLA submits letter FHA 203(k) loan program
CHLA submitted a letter to FHA applauding their commitment to the 203(k) loan program and offering additional measures FHA can take to make it more… Read More »CHLA submits letter FHA 203(k) loan program
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Housingwire – The incredible value of IMBs in the market
The data we will share with you today highlights two things. First, the FHA program does more loans to minorities than any other agency or private label lending source… Read More »Housingwire – The incredible value of IMBs in the market
Inside Mortgage Finance – Lenders Increasingly Unhappy on GSE Buybacks
Not only is CHLA unhappy with the buyback requests on performing loans but it is also dismayed with the lack of help it’s getting from… Read More »Inside Mortgage Finance – Lenders Increasingly Unhappy on GSE Buybacks
Housing wire – MBA asks CFPB to withdraw proposed nonbank registry rule
State regulator associations, led by the Conference of State Bank Supervisors (CSBS), also submitted a letter to the CFPB that rejected the Bureau’s reasoning for the proposed rule. In… Read More »Housing wire – MBA asks CFPB to withdraw proposed nonbank registry rule
inside mortgage finance – Strong Opposition to Repeat Offender Registry Proposal
The Community Home Lenders of America said that, though it understood why the CFPB introduced an attestation requirement for large nonbanks, “owners of smaller independent… Read More »inside mortgage finance – Strong Opposition to Repeat Offender Registry Proposal
National Mortgage News – Regulator looks to expand NMLS reporting requirements
Scott Olson, executive director of the Community Home Lenders of America, noted that his organization “supports the modernization of NMLS and the standardization of requirements.” But… Read More »National Mortgage News – Regulator looks to expand NMLS reporting requirements