CHLA In The News
June 1, 2018 by Rob Chrisman (Excerpt) …“Because FHA borrowers are being overcharged and FHA’s financial metrics continue to be strong, CHLA is renewing its call to reduce annual premiums and end Life of Loan,” says Scott Olson. Click Here for full article.
April 16, 2018 Scotsman Guide The Consumer Financial Protection Bureau (CFPB) under the direction of Mick Mulvaney, is reviewing how the agency handles consumer complaints against financial-services companies. Members of the mortgage industry have opposed the releasing of these complaints to the public, stating without full verification, some companies may be misrepresented without cause. Click Here for full article.
April 23, 2018 As posted on Scotsmanguide.com by Victor Whitman (email@example.com) Two members of Congress on the House Financial Services Committee, have introduced legislation seeking better guidance from the CFPB in response to a call from some mortgage industry groups. Click here for full article.
Charter creep concerns resurface in Freddie's new risk-sharing pilot – National Mortgage News 3/14/18
March 14 2018 As reported by Brad Finkelstein in National Mortgage News, mortgage trade groups including CHLA, would like to see more transparency of a new pilot program, IMAGIN, between Freddie Mac and Arch Capital. Click Here for full article.
March 5, 2018 As posted on Scotsmanguide.com by Victor Whitman (firstname.lastname@example.org) Senate Bill 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, likely has enough bi-partisan support in the Senate to avoid a filibuster. It is being described as a “skinny” reform measure to address Dodd-Frank. Scott Olson, executive director of the Community Home Lenders Association, notes that the transitional licensing piece of the legislation
Trade group: America doesn't need multiple GSEs – Interview with CHLA executive director, Scott Olson
Feb 26, 2018 By Victor Whitman An interview with CHLA executive director Scott Olson appearing in Scotsman Guide on February 26, 2018, explains why the Community Home Lenders Association is opposed to increasing the number of GSE-type entities, among other proposed reforms. Click Here for full interview.
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