CHLA In The News
Scotsman Guide – Mortgage industry concerns on FICO score prices echoed by Congress
With credit score prices anticipated to rise, legislators join lending industry in speaking up
National Mortgage News – FICO predicted to hike costs for mortgage credit scores by up to 50%
“We’re astounded, but unfortunately, not surprised that Fair Isaac Corp. is continuing to use its raw monopoly power to extract more money from the pockets of first-time homebuyers. That’s an oversimplification, but that’s what’s going on,” said Rob Zimmer, director of external affairs at CHLA, Friday.
RisMedia – Future of GSEs: How Fannie, Freddie Privatization Might Shake Out Under a Second Trump Term
The privatization of Fannie Mae and Freddie Mac has been a hot topic of debate for years—but what would it mean for the industry?
HousingWire – Severe storm fallout could destabilize the intersection of mortgage and insurance
There were already signs of instability due to extreme weather events, and the ravages of hurricanes Helene and Milton threaten to make it worse.
Scotsman Guide – A Need for Someone in Your Corner
IMBs join associations such as CHLA for another reason. The big IMBs — like the big banks — have the economies of scale to support direct lobbying efforts on their behalf in Washington and to hire a phalanx of outside lawyers and consultants to track what is going on. Small and mid-sized IMBs do not. So CHLA makes advocacy efforts on behalf of small and
Housingwire: IMB Summit: Mortgage execs on why the next refi wave won’t be easy
Industry leaders predict intense competition from servicers and increased regulatory pressure to include low-balance loans in the next refi surge
Scotsman Guide – Mortgage industry concerns on FICO score prices echoed by Congress
With credit score prices anticipated to rise, legislators join lending industry in speaking up
National Mortgage News – FICO predicted to hike costs for mortgage credit scores by up to 50%
“We’re astounded, but unfortunately, not surprised that Fair Isaac Corp. is continuing to use its raw monopoly power to extract more money from the pockets
CHLA Calls Attention to Congressional Letter Calling for DOJ Investigation into FICO Pricing
CHLA Calls Attention to Congressional Letter Calling for DOJ Investigation into FICO Pricing (Washington, D.C.) – The Community Home Lenders of America (CHLA) calls attention