CHLA Board Member Deb Sturges (President and CEO of Hallmark Home Mortgage) comments on the Administration’s housing finance plan, calling attention to a recent CHLA roundtable on FHA, Ginnie Mae, and the GSEs that highlighted the critial role they play in promoting homeownership – and outlining CHLA proposals to keep these program strong and financially sound.

CHLA President Don Calcaterra, Jr. (President of Local Lending Group) highlights his testimony before a December House Financial Services Committee GSE Reform hearing outlining CHLA priorities to protect small lenders – including opposing allowing Wall Street Banks to gain a foothold in the primary market through new GSE charters and the importance of a cash window, G Fee parity, and equitable small lender access.

CHLA Executive Director Scott Olson highlights CHLA’s recent “Report on Ginnie Mae,” which makes a strong case that Ginnie Mae should not be tightening its supervision of smaller IMB issuers, since they pose no significant financial or systemic risk to Ginnie Mae, and in light of Ginnie Mae’s consistent track record of strong profitability.

More balanced oversight is required to ensure fair competition in the mortgage industry by Scott Olson, Executive Director, Community Home Lenders Association “…the time has come for a more even-handed approach to mortgage regulation — a new paradigm if you will — that puts the focus on borrowers; bases the extent of regulation on a lender’s size and borrower impact; and targets regulatory relief to

Housing-finance reform doesn’t require hacking away the current system This article appeared on Scotsmanguide.com – July 2018 By Bill Giambrone, president and CEO, Platinum Home Mortgage | bio  In just two months, it will be the 10-year anniversary of the federal government putting Fannie Mae and Freddie Mac into conservatorship. This past April, Treasury Secretary Steven Mnuchin stated that the congressional action on reforming the two government-sponsored enterprises (GSEs) appears