NATIONAL MORTGAGE NEWS: TRID review triggers battle over refi rescission rules
Article highlights CHLA comments to the CFPB calling for changes to the current QM rule to facilitate first-time home buyer activity.
CHLA in the News
SCOTSMAN GUIDE: TRID takes center stage in flurry of responses to proposed CFPB ruleS
Article highlights CHLA’s call to modernize TRID by adopting a bona fide financial emergency waiver disclosure for consumers; revising tolerance categories, and finalizing a risk-based… Read More »SCOTSMAN GUIDE: TRID takes center stage in flurry of responses to proposed CFPB ruleS
National Mortgage Professional: “CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform”
Article highlights CHLA request to the CFPB to limit the federal loan originator compensation rule to payments between separate companies—not what a lender pays its… Read More »National Mortgage Professional: “CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform”
Scotsman Guide: USDA restructuring threatens rural mortgage overhaul, CHLA cautions
Article highlights CHLA letter to the Rural Housing Service (RHS) warning that restructuring plans at USDA could jeopardize RHS modernization efforts.
SCOTSMAN GUIDE: CHLA says direct payments may be ‘only way’ to incentivize small-dollar FHA loans
Article highlights CHLA Letter to FHA Acting Commissioner Joe Gormley making implementation of small-dollar mortgage pilot programs — as the housing bill directs — a top priority.
NATIONAL MORTGAGE PROFESSIONAL: CHLA Says Direct Payments Are Key To Small FHA Loans
Article highlights CHLA letter to FHA presenting the group’s findings about implementation of Section 105 of the recently enacted “21st Century Road to Housing Act.,… Read More »NATIONAL MORTGAGE PROFESSIONAL: CHLA Says Direct Payments Are Key To Small FHA Loans