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CHLA In The News

CHLA In The News

Housingwire – GSEs will not count buyer agent commissions in cap on seller concessions

“CHLA appreciates Fannie Mae’s clarification today that seller payment of buyer realtor commissions will not be counted towards seller concession caps,” a spokesperson wrote in an email. “CHLA wrote Fannie Mae, along with all of the federal mortgage program regulators, in December to ask for exactly this type of action to protect first time homebuyers in the wake of emerging realtor lawsuits which may shift

HousingWire – CFPB considers ban on charging buyers for lender’s title policy

CHLA is concerned about the costs and competition for title insurance, and that is why we have supported Attorney Opinion Letters and the Fannie Mae title pilot program that FHFA has greenlighted,” Scott Olson, the executive director of the Community Home Lenders of America, wrote in an email. “However, it is important that any proposal does not reduce transparency and protects smaller lenders and their borrowers

Housingwire – CHLA appoints new vice president

“It is my pleasure to welcome Paulina to our leadership team as CHLA continues to grow and diversifies its offerings to our membership,” CHLA president Taylor Stork said in a statement. “Paulina is a proven leader who has advocated tirelessly for our industry. The IMB community will benefit immensely from her wisdom, experience, and understanding of the regulatory and legislative process.”