CHLA In The News
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
August 21, 2018 As reported by Ben Lane on HousingWire.com, FHFA has announced an end to their expansion 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,” Scott Olson, CHLA’s executive director, said in a statement. “Fannie Mae and
August 6, 2018 As reported by Hannah Lang in National Mortgage News today, the recently released report by the Treasury Department is being well-received by the mortgage industry, including industry representatives of the smaller and mid-sized independent mortgage banks like the Community Home Lenders Association (CHLA). Click Here to read full article.
Michael Delehanty pens an Op-Ed explaining the follow of the GSE Profit Sweep – which slowed down Fannie and Freddie’s emergence from conservatorship and raised