In identical letters (House letter attached) to House and Senate authorizers and appropriators, the Community Home Lenders Association (CHLA) today asked Congress to adopt legislation that would create higher pay scales for the Government National Mortgage Association (GNMA), commensurate with other federal financial regulators, such as the FDIC and the FHFA. CLICK HERE for letter to House leadership.
CHLA releases a comprehensive “Report on Ginnie Mae” – which explains why smaller IMB issuers pose no significant financial or systemic risk to Ginnie – and concludes that Ginnie Mae should not tighten supervision of smaller IMBs.
Don Calcaterra, Jr. testifies on behalf of CHLA at a House hearing on housing finance reform – outlining critical small lender priorities and essential protections, opposing new GSE charters to allow vertical integration, and laying out CHLA’s administrative plan to reform and recapitalize the GSEs.
CHLA Calls on RHS to Eliminate “Anachronistic” Interest Rate Cap Contact: Scott Olson For Immediate Release 571-527-2601
October 12, 2018 Request for Information Establishment of Maximum Interest Rate Rural Housing Service Kate Jensen Finance and Loan Analyst Single Family Housing Guaranteed Loan Program USDA Rural Development 1400 Independence Avenue STOP 0784, Room 2250 Washington DC 20250-1522 Dear Ms. Jensen: The Community Home Lenders Association (CHLA) is pleased to submit these comments in response to the August 17 Request for
CHLA Member IMBs Write IRS: IMBs Should Be Fully Eligible for Small Business Passthrough Tax Deduction 10/01/2018
October 1, 2018 Hon. Steven Mnuchin Hon. Charles Rettig Secretary, Department of the Treasury Commissioner, Internal Revenue Service 1500 Pennsylvania Avenue NW 1111 Constitution Avenue NW Washington, DC 20220
Michael Delehanty pens an Op-Ed explaining the follow of the GSE Profit Sweep – which slowed down Fannie and Freddie’s emergence from conservatorship and raised