July 20, 2017 As reported by Victor Whitman, Chief Reporter in Scotsman Guide.com, a group of small lenders, including CHLA President Bill Giambrone,  testified before the Senate Banking Committee in support of Fannie Mae and Freddie Mac which have enabled these lenders to remain competitive with big banks. Click Here for full article.    

  July 20 2017, 5:44 pm EDT As reported by Ian McKendry in National Mortgage News, small lenders such as the CHLA testifying at a Senate Banking Committee hearing warned that the approval of new competitors to Fannie Mae and Freddie Mac could result in the re-emergence of volume discounts and other practices which would be detrimental to small mortgage lenders. Click Here to read the full article.

  July 07 2017, 3:31 pm EDT  As reported by Brian Collins in National Mortgage News, without a Commissioner of FHA six months into the new Administration, issues ranging from lowering annual premiums to eliminating the “life of loan” policy, will go unaddressed for now.  Proponents of both of these measures point to the positive performance of FHA’s portfolio as well as its declining delinquency rates. Click Here

A guide to protect small lenders June 28, 2017: by  Brena Swanson From the above Housing Wire article:   “Small lender and affordable housing association groups worked together to create a joint release of GSE reform principles in order to ensure the safety of their respective members.  The organizations that signed the 1-page list of core common GSE reform principles include: Community Home Lenders Association,. . .” Click Here for full

FHA premiums, fair housing, appraisal requirements top list of industry concerns for HUD June 15, 2017 by Brena Swanson From the above-referenced Housing Wire article:  “CHLA recommended that FHA reduce the annual insurance premium on forward loans from .85% to .55%. “We note that even with this change, overall premium levels would still be higher than the levels in place before premium increases designed to replenish