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Advocacy and Policy Initiatives

Advocacy

Letter to CFPB Director Cordray – 9/20/16 – Require All Bank Mortgage Loan Originators to Pass SAFE Act Exams

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 September 20, 2016 Mr. Richard Cordray Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC 20552 Dear Director Cordray: The Community Home Lenders Association (CHLA) writes to renew our long-standing recommendation that the CFPB impose a requirement that all bank mortgage loan originators (LOs) be required to pass the SAFE Act mortgage competency

Joint Letter to FHFA Director Watt – 5/31/16 – Suspend GSE Dividend Payments to Treasury

May 31, 2016   The Honorable Mel Watt, Director Federal Housing Finance Agency 400 7th Street, SW Washington, D.C. 20219 Dear Director Watt: Our organizations are deeply concerned that under the Preferred Stock Purchase Agreements with the Treasury Department, the capital buffers of Fannie Mae and Freddie Mac will be completely eliminated by the end of 2017. This course of action is likely to destabilize

CHLA Lauds Passage of Transitional Licensing Bill – 5/23/16

CHLA Lauds Passage of  Transitional Licensing Bill Legislation Underscores Need for Separate  Action on a Universal SAFE Act Test Contact:  Scott Olson                                                                                   For Immediate Release (571) 527-2601                                                                                                   May 23, 2016 The Community Home Lenders Association (CHLA) praised the House of Representatives today for its approval today, by voice vote, of H.R. 2121, the “SAFE Transitional Housing Act of 2015.”  The bill would give bank and other depository

CHLA Renews Call for FHFA to Let Fannie Mae and Freddie Mac Build Capital

  Community Home Lenders Association Renews Call for FHFA to Let  Fannie Mae and Freddie Mac Build Capital Action Comes in Wake of Freddie Mac Quarterly Loss                                                         Contact: Scott Olson                

Letter to CFPB Director Cordray – Regulation and Enforcement Recommendations – 4/27/16

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 April 27, 2016 Mr. Richard Cordray Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC 20552 Dear Director Cordray: The Community Home Lenders Association (CHLA) writes to offer a number of recommendations regarding CFPB regulation, supervision, and enforcement practices with respect to small non-bank mortgage lender/servicers. These recommendations are designed to provide appropriate

CHLA Lauds Passage of Transitional Licensing Bill

CHLA Lauds Passage of Transitional Licensing Bill Legislation Demonstrates Need for Separate Action on a Universal SAFE Act Test   Contact:  Scott Olson                                                                                                      For Immediate Release (571) 527-2601                                                                                                        March 2, 2016 The Community Home Lenders Association (CHLA) today praised the House Financial Services Committee for its bipartisan vote today to approve H.R. 2121, the “SAFE Transitional Housing Act of 2015.”  The bill would give

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