“While we appreciate the delay, we are disappointed that FHFA’s statement did not recognize the need to consider alternatives to using a debt-to-income pricing adjustment,”… Read More »Housing Wire: The mortgage industry doesn’t want the DTI LLPA fee delayed. They want it killed
CHLA submits a formal comment letter on the draft regulations to implement the Illinois CRA law for IMBs – including a proposal to increase minority… Read More »CHLA submits comment letter on illinois CRA draft regulations
On Wednesday, the Community Home Lenders Association, which represents smaller lenders, said Thompson did the right thing in delaying implementation of the DTI rule, the industry’s… Read More »Housing Wire – FHFA delays implementation of LLPA DTI fees
A Scotsman Guide article on FHFA’s 3-month delay of higher LLLPAs for GSE loans over 40% DTI highlights CHLA’s praise for the delay and continued… Read More »Scotsman Guide: FHFA delays implementation of controversial DTI-based loan fees
“I have trouble understanding how this can happen, that you’re taking in a lot of the short-term deposits and making a lot of long-term investments,”… Read More »Housing Wire – IMBs face ripple effect from recent bank failures
A Housing Wire Oped by Christina Brown of Atlantic Bay Mortgage explains the CHLA release of their report on IMB regulatory creep – rebutting the… Read More »Housingwire: Setting the record straight on IMBs