Advocacy
CHLA Letter seeks smaller IMB exemption from duplicative burdensome CFPB proposed rule on form contracts
The Community Home Lenders of America (CHLA) sent a formal comment letter to the CFPB, asking for an exemption from the rule’s requirements to submit form contracts that might waive consumer legal actions, citing existing Dodd-Frank rules prohibition arbitration and other actions limiting consumer rights on mortgage loans.
CHLA Letter to CFPB – Trigger leads for purchase mortgage loans
CHLA sent a letter to CFPB Director Rohit Chopra, asking the CFPB to undertake a comprehensive review of trigger leads for mortgage loans and take appropriate enforcement actions to protect consumers
FHFA Request for Information: The Future of the Federal Home Loan Banks
The Community Home Lenders of America (CHLA) writes to submit comments and recommendations in response to FHFA’s Request for Information regarding the future of the Federal Home Loan Bank system. These comments are offered during a period of changing mortgage origination and refinance marketplace over the last ten years. As large banks have moved sharply away from mortgages, independent mortgage bankers (IMBs) and community banks
CHLA Statement on FedFin Study That Finds ICE/Black Knight Merger Could Harm Small Lenders
Today, the Community Home Lenders Association (CHLA) Executive Director Scott Olson released the following statement on the Federal Financial Analytics (FedFin) study which found the ICE/Black Knight
CHLA Letter Seeks Exemption for Smaller IMBs from Redundant CFPB Form Contract Rule
The Community Home Lenders of America (CHLA) today sent a Comment Letter to the Consumer Financial Protection Bureau (CFPB) seeking an exemption for smaller independent mortgage
CHLA Letter seeks smaller IMB exemption from duplicative burdensome CFPB proposed rule on form contracts
The Community Home Lenders of America (CHLA) sent a formal comment letter to the CFPB, asking for an exemption from the rule’s requirements to submit