Op-Eds
The Mortgage Note – Op-Ed: The Credit Scoring Cartel That’s Cornering The Mortgage Industry
Unbeknownst to many, there’s another factor significantly contributing to the housing affordability crisis in this country – it’s called the credit scoring industry.
Scotsman Guide – A Need for Someone in Your Corner
IMBs join associations such as CHLA for another reason. The big IMBs — like the big banks — have the economies of scale to support direct lobbying efforts on their behalf in Washington and to hire a phalanx of outside lawyers and consultants to track what is going on. Small and mid-sized IMBs do not. So CHLA makes advocacy efforts on behalf of small and
HousingWire – Opinion: Freddie Mac second mortgage loans further its mission
Federal Housing Finance Agency (FHFA) Director Sandra Thompson recently announced its conditional approval of Freddie Mac pilot to purchase second mortgages.I’ve personally been an outspoken supporter of this endeavor and I applaud this decision.
tHE mORTGAGE NOTE – A National Homeownership Month Scorecard
June is National Homeownership Month. So the Community Home Lenders of America (CHLA) has called on Congress to begin debate and ultimately enact a Mortgage Interest Credit (MIC) when it considers tax legislation next year to extend expiring provisions from the 2017 Tax Cut and Jobs Act (TCJA). The 2017 TCJA raised the standard deduction and capped state and local tax (SALT) deductions at $10,000.
National Mortgage News – opinion: Loan think What a balanced approach to non-bank mortgage servicing looks like
Last week, the Financial Stability Oversight Council (FSOC) released its report on nonbank mortgage servicing.
CHLA Urges Congress to Increase Funding for Ginnie Mae and FHA
(Washington, D.C.) – The Community Home Lenders of America (CHLA) sent a letter to Congress urging for higher Senate funding levels for salaries and expenses