Blog

CHLA Opposes HUD’s Plan to Reduce FHA’s Housing Footprint

by Kirk Willison
October 8, 2019

The Community Home Lenders Association sent an Oct. 8, 2019 letter to FHA Commissioner Brian Montgomery opposing HUD’s efforts to reduce FHA involvement in the… Read More »

Ginnie Mae Stress Testing Should Not Apply to Smaller Mortgage Banks

by Kirk Willison
October 1, 2019

CHLA Board Member Deb Sturges, president and CEO of Hallmark Home Mortgage, writes that Ginnie Mae’s proposed stress testing should be limited to the largest… Read More »

CHLA Praises FHFA & Treasury for Allowing GSEs to Retain Capital

by Kirk Willison
September 30, 2019September 30, 2019

CHLA Executive Director said the decision by FHFA Director Mark Calabria and Treasury Secretary Steven Mnuchin to permit the GSEs to retain as much as… Read More »

CFPB SHOULD USE QM PATCH RULEMAKING TO HELP FACILITATE A GSE UTILITY MODEL

by Kirk Willison
September 10, 2019September 10, 2019

In a new letter to the Consumer Finance Protection Bureau, the Community Home Lenders Association recommended the CFPB should help facilitate the creation of a… Read More »

CHLA Won’t Let GSE Patch Without Fight, Says Scott Olson

by Kirk Willison
August 28, 2019August 28, 2019

CHLA won’t let the GSE Patch expire without a fight, Executive Director Scott Olson told the Scotsman Guide. “I would say unequivocally the biggest priority… Read More »

CHLA TAKES CASE FOR IMBs TO CFPB DIRECTOR KRANINGER

by CHLA
August 26, 2019August 27, 2019

HOME LENDER GROUPS ENCOURAGE CFPB TO TIER REGULATION BY SIZE AND CONSUMER RISK CHLA Asks Bureau to Ensure Bank Loan Officers Meet SAFE Act Competency… Read More »

Press Release: Ginnie Stress Test Inappropriate for Smaller Lenders, Cautions CHLA

by CHLA
August 16, 2019August 16, 2019

CHLA TO GINNIE MAE: STRESS TESTING IS NOT APPROPRIATE OR NECESSARY FOR SMALLER ISSUERS [CHLA Comment Letter on Ginnie Mae Stress Testing Follows January Ginnie… Read More »

Report: Ginnie Stress Testing Inappropriate for Smaller Issuers, Cautions CHLA

by CHLA
August 15, 2019August 16, 2019

The Community Home Lenders Association (CHLA) is pleased to submit these comments in response to Ginnie Mae’s Request for Input on its Stress Testing Framework.… Read More »

Make LO Comp Work for Everyone

by Kirk Willison
June 26, 2019August 27, 2019

The strict application of the LO Comp Rule by the CFPB has hurt consumers in important ways. The Bureau should use its authority to tweak… Read More »

House committee passes bill to make FHA loans less expensive

by scottolson
June 18, 2019June 28, 2019

Aims to limit mortgage insurance premiums for FHA borrowers As reported by Jessica Guerin in HousingWire on June 13, 2019, the Community Home Lenders Association… Read More »