CHLA In The News
scotsman guide: “House VA committee delays markup on mortgage fee hike following CHLA concerns”
Scotsman Guide Article reports on House Veterans Affairs Cancelling Postponing Markup of H.R.. 6047, after CHLA writes letter opposing VA mortgage fee hikes as a budget offset (pay-for) in the bill
housing wire: Mortgage trade groups back CFPB plan to revise ECOA. Consumer groups push backhousing wire:
A Housing Wire article highlights CHLA’s comment letter to the CFPB, supporting elimination of disparate impact in ECOA – and suggesting better options to achieve ECOA goals, such as ending FHA Life of Loan Premiums and cutting Fannie/Freddie LLPAs.
national mortgage news: cfpb kills two biden-era nonbank registries, citing costs
A National Mortgage News Article highlights CFPB rescission of two burdensome CFPB registry requirements, quoting CHLA’s criticisms that the requirements are burdensome and redundant. “As CHLA has pointed out in detailed comment letters, the offender registry requirement is redundant with NMLS requirements, and the form contracts registration requirement asks IMBs to disclose waivers of consumer rights that IMBs are not legally allowed to waive in
HOUSING WIRE: FANNIE, FREDDIE MERGER BUZZ DRAWS MIXED MARKET RESPONSE
A Housing Wire article highlights CHLA’s strong opposition to rumors about a potential merger of Fannie Mae and Freddie Mac, citing adverse consequences to IMBs
national mortgage news: chla floats rewrite of lo comp rule
Article highlights CHLAs release of its LO Comp White Paper, calling for an end to loan originator compensation limits WITHIN firms
national mortgage news: lenders get a better view of condo blacklist but Want more
Article highlights CHLA efforts to get more transparency from Fannie Mae and Freddie Mac regarding which condominium projects are eligible for GSE loans
CHLA concerns regarding single bureau credit pulls
CHLA does not support a Single Credit Bureau Pull model, identifying concerns about the approach – released as an Addendum to their 2024 White Paper
scotsman guide: “House VA committee delays markup on mortgage fee hike following CHLA concerns”
Scotsman Guide Article reports on House Veterans Affairs Cancelling Postponing Markup of H.R.. 6047, after CHLA writes letter opposing VA mortgage fee hikes as a
CHLA Writes house VA Committee to oppose VA mortgage fee hikes
The Community Home Lenders of America sent a letter to the Chairman and Ranking Member of the House Veterans Committee, opposing proposed VA mortgage fee