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… Read More »CHLA Asks Top Federal Officials for Small IMB Lender Protections to Sell Loans in Wake of Forbearance
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… Read More »National Mortgage News: CHLA Calls for Guidance on Coronavirus Forbearance Requirements
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… Read More »Scotsman Guide April Magazine: Wayne Watkinson – Time to Take Another Look at the SAFE Act
A National Mortgage News Op-Ed authored by Scott Olson, CHLA Executive Director, makes the case for a broad-based credit facility for all IMB servicers to… Read More »National Mortgage News: Scott Olson – Need for a Liquidity Facility for IMB Servicers
CHLA today wrote a joint letter to Treasury Secretary Mnuchin, HUD Secretary Carson, and FHFA Director Calabria asking for quick action to ensure the liquidity… Read More »CHLA Writes Top Mortgage Regulators Seeking Action and Offering Solutions to Concerns about Small IMB Liquidity
CHLA sent a joint letter to Treasury Secretary Mnuchin, HUD Secretary Carson, and FHFA Director Calabria, urging decisive action to ensure liquidity of IMB servicers… Read More »National Mortgage News: CHLA Seeks Suspension of Tighter GSE Requirements Due to Coronavirus, Small Business Concerns
CHLA today wrote the FHFA asking for a suspension of implementation of pending increased net worth and liquidity requirements for GSE servicers, arguing that it… Read More »CHLA Writes FHFA to Seek Suspension of Increased Net Worth and Liquidity Requirements Due to Coronavirus; Also Seeks Small IMB exemption due to their lower financial & systemic risk.
Santo Chiarelli (Partner at ACS, Iselin, NJ) provides his perspective from the firm’s work providing accounting and auditing services on the outlook for IMBs as… Read More »Scotsman Guide March Magazine: 2020 Outlook for Independent Mortgage Bankers
CHLA Board Member Bill Giambrone (President and CEO of Platinum Home Mortgage) highlights the joint proposal by CHLA, the National Association of Realtors, consumer groups,… Read More »National Mortgage News Op-ED: “Don’t Eliminate Ability to Repay – Reform It
The Federal Housing Finance Agency’s new proposal on higher capital standards for Fannie Mae/Freddie Mac servicers is still pretty fresh but already the industry is reacting. The Community Home Lenders… Read More »Inside Mortgage Finance: CHLA Raises Concerns about Higher GSE Seller-Servicer Requirements
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