Responding to a request for comment, CHLA Executive Director Scott Olson this week said that since writing to the DOJ, CHLA has “heard from multiple small and mid-sized independent mortgage banks about the risks this merger could pose for consumers, both with respect to pricing and tying concerns that could be created by such an increase in market concentration.”
The Community Home Lenders Association wrote a letter to Ginnie, renewing its request that the government bond insurer “exempt small and mid-sized independent mortgage banks”… Read More »National Mortgage News: Ginnie Mae’s New Capital Rules Draw Split Opinions
In a letter to Ginnie Mae, CHLA renews its request to exempt small and mid-sized IMBs from new Risk-Based Capital Requirements, raising concerns about reducing… Read More »CHLA asks ginnie mae to exempt small/mid-size imbs from risk based capital requirements
tHE cHRISMAN cOMMENTARY-dAILY mORTGAGE nEWS: mORTGAGE cULTURE cHANGES; chla’s Scott Olson on Advocacy; Bond Reaction to Unemployment Uptick
This week CHLA Executive Director Scott Olson joined the Chrisman Commentary – Daily Mortgage News podcast to talk about cultural shifts in the mortgage industry, mortgage advocacy, the CHLA/CMLA merger, and the role CHLA plays in national mortgage story.