CHLA In The News
November 26, 2018 As reported by Hannah Lang in National Mortgage News, mortgage lenders and consumer groups are making their voices heard as FHFA develops a plan meant to help with the transition if Fannie and Freddie are released from government conservatorship. CHLA comments. Click Here for full article.
November 15, 2018 As reported by Victor Whitman on scotsmanguide.com, FHA Commissioner Brian Montgomery is looking to make significant changes that will likely make it harder for new borrowers to obtain loans from the Federal Housing Administration. CHLA comments. Click Here for full article.
Non-bank lenders have become the largest source of mortgage lending in the country. – The Washington Post 9/21/18
September 21, 2018 As reported by Jonnelle Marte in The Washington Post, non-bank lenders have been increasing their market share due in part to traditional banks scaling back their presence in the mortgage market. “Banks aren’t really making loans to low- to moderate-income families, so non-banks are doing it,” said Scott Olson, executive director of the Community Home Lenders Association, a trade group representing small and midsize non-bank
SEPTEMBER 5, 2018 As reported by Victor Whitman on Scotsmanguide.com, the Community Home Lenders Association is urging the Federal Housing Finance Agency to begin working on GSE recapitalization plans after a 10-year conservatorship by the Federal government. Click Here for full article.
September 03 2018 As reported by Hannah Lang on Nationalmortgagenews.com, ten years have passed since the GSEs were placed in “temporary” conservatorship, and long-term GSE reform still seems far-off. Scott Olson, CHLA executive director, comments on some of the reforms enacted under FHFA, and voices support for the GSEs’ need to hold on to more capital. Click Here full article.
FHFA ends GSE's expanding role in its single-family rental pilot programs – Nat'l Mortgage News 8/21/18
August 21, 2018 As reported by Elina Tarkazikis on nationalmortgagenews.com, the Federal Housing Finance Agency is ending its experimental programs expanding the GSEs into the single-family rental market, a move supported by the Community Home Lenders Association. “The Community Home Lenders Association is pleased that FHFA has concluded that GSE financing of large-scale single family rental portfolios should be ended. Fannie Mae and Freddie Mac can now go
CHLA Asks Top Federal Officials for Small IMB Lender Protections to Sell Loans in Wake of Forbearance
CHLA today sent a joint letter to Federal Reserve Chairman Powell, Treasury Secretary Mnuchin, HUD Secretary Carson, and FHFA Director Calabria, asking that any credit
A National Mortgage News story highlights CHLA’s joint letter to HUD Secretary Carson, FHFA Director Calabria, VA Secretary Wilkie, and RHA Administrator Lammers asking for
In an oped in Scotsman Guide’s April Magazine, Wayne Watkinson of Offit Kurman warns about SAFE Act creep, where states expand the critieria beyond the