CHLA In The News
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
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
CHLA submitted a detailed letter to Ginnie Mae asking it to scrap the proposed increased financial requirements and risk-based capital rule – or rework them
Bill Cosgrove highlights key findings from CHLA’s recently released IMB Report – explaining how IMBs have become a dominant mortgage force, lead in lending to
In a joint letter to Treasury Secretary Yellen and new Acting FHFA Director Sandra Thompson just hours after she was appointed, CHLA presses once again