CHLA In The News
CHLA Commends PA for legislation permanent Work at home authorization – a chla priority
A National Mortgage News story on the Pennsylvania permanent Work at Home Legislation cites CHLA efforts on the issue, including a 2020 letter to the Conference of State Bank Supervisors (CSBS).
National Mortgage News: CHLA Supports limiting CSP to GSEs
A National Mortgage News article reports on FHFA’s decision to limit the Common Securitization Platform to the GSEs – highlighting CHLA’s statement that this will put an end to Wall Street Banks effort to use the GSE Infrastructure for their own interests
Housing Wire: CHLA letter to CFPB seeking Safe act parity
A Housing Wire story on the mortgage industry reaction to the confirmation of Rohit Chopra to be CFPB Director highlights CHLA’s letter to Chopra asking the CFPB to establish SAFE Act parity, using authority under Dodd-Frank.
National Mortgage News: CHLA Calls to end FHA Life of Loan premium Policy
A National Mortgage News story on the LIFT initiative to build equity highlights CHLA’s call for end to FHA Life of Loan premiums, arguing this would be a more effective way for homeowners to build wealth
Scotsman Guide: PSPA restrictions suspended – a top chla priority
A Scotsman Guide story reports on FHFA’s suspension of a numerous PSPA loan and cash window restrictions – citing CHLA’s leadership from early on in calling for their suspension
AP: Bias in mortgage Algorithms – CHLA calls for more transparency
In an AP story alleging hidden biases against minorities in mortgage algorithms, CHLA calls for more transparency and better recognition of good payment histories that are under the radar
Opinion: CRA doesn’t work for banks or IMBs
CHLA Executive Director Scott Olson opposes the extension of the Community Reinvestment Act to independent mortgage banks.
CHLA Renews Request to Ginnie Mae to Exempt Small and Mid-sized IMBs from Bank-like Capital Requirements
CHLA Letter Identifies Alternative Approaches to Address Liquidity and Going Concern Issues
Ginnie Mae’s New Capital Rules Draw Split Opinions
The Community Home Lenders Association wrote a letter to Ginnie, renewing its request that the government bond insurer “exempt small and mid-sized independent mortgage banks”