CHLA In The News
Inside mortgage finance: MBA, CHLA Urge Reform of Manufactured Housing Regulation
An Inside Mortgage Finance article on a joint CHLA/MBA letter to FHA and Ginnie Mae, seeking reforms to the FHA Title 1 Manufactured Home Loan program and Ginnie Mae securitization of such loans.
scotsman guide: FHFA abolishes several fees,
A Scotsman Guide article on FHFA eliminating up-front GSE loan fees for most first-time homebuyers highlights CHLA’s praise for the action.
housing wire: Ginnie Mae tweaks re-pooling rules
A Housing Wire story on Ginnie Mae relaxing flexibility regarding re-pooling rules notes CHLA’s praise for the actions, which CHLA had previously called for
National mortgage News: FHFA to waive some upfront fees
A National Mortgage News story reporting on FHFA eliminating upfront GSE fees for most first-time homebuyers highlights CHLA’s praise for the action and CHLA’s related requests to cut fees, particularly for middle income homebuyers in higher cost areas.
National Mortgage News: CHLA response to Ginnie Mae extending risk-based capital requirements
A National Mortgage News article reporting on Ginnie Mae’s one-year extension of issuer risk-based capital requirements highlights CHLA’s previous concerns about these requirements, cites CHLA support for the extension and quotes CHLA’s request for Ginnie Mae to continue to be flexible in implementing the requirements.
Housing Wire: Trade Groups Cheer New Deadline for Ginnie Nonbank Capital Rule
The Community Home Lenders Association, a trade group whose members are smaller independent mortgage banks, asked Ginnie to “show flexibility” in these requirements as it works with issuers “in order to avoid a potential adverse market impact which might result from issuers selling Ginnie Mae MSRs to meet the new requirements.”
CHLA Statement on FedFin Study That Finds ICE/Black Knight Merger Could Harm Small Lenders
Today, the Community Home Lenders Association (CHLA) Executive Director Scott Olson released the following statement on the Federal Financial Analytics (FedFin) study which found the ICE/Black Knight
CHLA Letter Seeks Exemption for Smaller IMBs from Redundant CFPB Form Contract Rule
The Community Home Lenders of America (CHLA) today sent a Comment Letter to the Consumer Financial Protection Bureau (CFPB) seeking an exemption for smaller independent mortgage
CHLA Letter seeks smaller IMB exemption from duplicative burdensome CFPB proposed rule on form contracts
The Community Home Lenders of America (CHLA) sent a formal comment letter to the CFPB, asking for an exemption from the rule’s requirements to submit