CHLA In The News
A National Mortgage News story highlights CHLA’s letter to Fannie Mae and Freddie Mac raising concerns about members’ recent experiences that the GSEs’ credit box is tightening and calling for more transparency about changes and their underlying causes
A Housing Wire story highlights the action by Fannie Mae and Freddie Mac to delay until December the imposition of a new adverse market fee, citing statements by CHLA and other industry groups in support of the move.
A Scotsman Guide article highlights CHLA’s strong pushback against Fannie Mae and Freddie Mac imposing a new 50 basis point fee on refinances.
A National Mortgage News article highlights industry pushback against a newly announced GSE adverse market fee for refis, quoting CHLA’s criticisms of the move.
Housing Wire: FHA enacts temporary policy shift on forbearances; CHLA pushes back on 20% first loss penalty
A Housing Wire article on FHA’s announcement that it would impose a 20% first loss indemnification penalty on validly underwritten loans that go into forbearance post closing and before insurance features CHLA call to rescind the penalty and work towards a more reasonable policy.
A National Mortgage News story highlights CHLA’s joint letter to HUD Secretary Carson, FHFA Director Calabria, VA Secretary Wilkie, and RHA Administrator Lammers asking for detailed guidance on how servicers implement the forbearance requirements in the CARES Act for FHA, GSE, VA, and RHS loans. The letter highlighted the objective of not encouraging borrowers that can make payments from using forbearance.
CHLA submitted a detailed letter to Ginnie Mae asking it to scrap the proposed increased financial requirements and risk-based capital rule – or rework them
Bill Cosgrove highlights key findings from CHLA’s recently released IMB Report – explaining how IMBs have become a dominant mortgage force, lead in lending to
In a joint letter to Treasury Secretary Yellen and new Acting FHFA Director Sandra Thompson just hours after she was appointed, CHLA presses once again