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CHLA In The News

CHLA In The News

CHLA renews call to allow Fannie Mae, Freddie Mac to rebuild capital – Housing Wire 11/04/16

GSEs reported combined net income of more than $5 billion in 3rd quarter   November 4, 2016 by Ben Lane From the above article in Housing Wire: “The Community Home Lenders Association said that the potential need for another draw from the Treasury could impact the mortgage market’s ability to lend…’CHLA renews its call for FHFA Director Watt to allow the GSEs to retain some profits

MBA Makes Case for Front-end Risk Sharing – Scotsman Guide 10/13/16

October 13, 2016 As reported by Victor Whitman on Scotsmanguide.com, “CHLA is pleased that MBA’s letter stresses transparency and a level playing field, both principles CHLA highlighted in our comment letter last month,” CHLA Executive Director Scott Olson said. “By comparison, though, CHLA appears to have deeper concerns about how upfront risk sharing could upset a level playing field.” Click Here for full article.    

Mortgage industry reacts to watershed PHH-CFPB ruling – HousingWire 10/11/16

Reaction from all sides to Court of Appeals decision   October 11, 2016 by Ben Lane For the above-referenced Housing Wire article: “The Community Home Lenders Association is encouraged by today’s court ruling in PHH Corporation vs. the CFPB – both in terms of increasing accountability regarding the CFPB’s governing structure, and also with respect to restricting retroactive penalties for prior conduct,’ the CHLA said

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