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Advocacy and Policy Initiatives

Advocacy

CHLA asks ICE Mortgage Technology for relief from excessive user seat charges

CHLA send a letter to ICE Mortgage Technology President Bowler reiterating a request in a December letter for ICE user seat charges to decrease when user seats decrease, just like they increase when user seats increase for an IMB. The letter notes this is the type of practice that led CHLA to oppose ICE’s proposed purchase of Black Knight.

CHLA asks CFPB for safe harbor/small IMB exemption from proposed CFPB registry rule

The Community Home Lenders of America (CHLA) formally submitted a comment letter to the CFPB, asking for: (1) safe harbor compliance status for IMBs that comply with NMLS reporting requirements for agency and court orders, and (2) an exemption for all but the largest IMBs from a proposed new requirement to designate a senior executive responsible for compliance with such orders.

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