NATIONAL MORTGAGE NEWS: TRID review triggers battle over refi rescission rules
Article highlights CHLA comments to the CFPB calling for changes to the current QM rule to facilitate first-time home buyer activity.
EXECUTIVE DIRECTOR
Scott has over 20 years experience working on Capitol Hill, 15 of which he served on the House Financial Services Committee, where he held a title of Housing Policy Director. He worked extensively on housing finance issues, including GSE reform, FHA legislation, mortgage regulations, and mortgage servicing issues. Scott Olson also has six years private sector experience as a public finance investment banker and four years experience in commercial real estate finance and investments.
EXTERNAL AFFAIRS CONSULTANT
Robert Zimmer is a longtime financial services executive with over 30 years of experience. He leads the strategic consulting firm TVDC, which handles press, government relations, and business development for financial clients, and previously served as a staff member of the House Financial Services Committee and head of Congressional Relations for Freddie Mac.
Article highlights CHLA comments to the CFPB calling for changes to the current QM rule to facilitate first-time home buyer activity.
Article highlights CHLA’s call to modernize TRID by adopting a bona fide financial emergency waiver disclosure for consumers; revising tolerance categories, and finalizing a risk-based
Article highlights CHLA request to the CFPB to limit the federal loan originator compensation rule to payments between separate companies—not what a lender pays its