In a novel approach to creating a Utility Model for the GSEs, CHLA suggested in a letter to the CFPB that the QM rule to… Read More »CHLA Letter to CFPB: USE QM PATCH RULEMAKING TO HELP FACILITATE A GSE UTILITY MODEL
CHLA Board Member Bill Giambrone (President and CEO of Platinum Home Mortgage) explains how FHA’s Life of Loan premium policy (1) significantly overcharges FHA borrowers,… Read More »Housing Wire Magazine Article: Life of Loan Premium Policy Hurts Borrowers and FHA
CHLA today released its updated GSE reform plan, following the administrative approach to GSE reform CHLA has been advocating for 5 years. Citing the substantial… Read More »CHLA Releases its Latest “GSE Reform Plan”
In an August 17, 2019 Scotsman Guide Q&A, CHLA Executive Director Scott Olson explains that community lenders believe the GSE QM patch isn’t likely to… Read More »Scotsman Guide Q & A with Scott Olson: CHLA won’t let GSE QM Patch Expire without a Fight
CHLA submitted a comment letter to Ginnie Mae, arguing that Ginnie Mae should not stress test smaller IMB issuers, as stress testing would not accurately… Read More »CHLA Comment Letter to Ginnie Mae: Stress Testing is Not Appropriate for Smaller IMB Issuers
CHLA Board Member David Wind (DAW Partners) makes a compelling case for why the CFPB should require every registered mortgage loan originator (LO) to pass… Read More »Scotsman Guide August Magazine: Scrutiny is Overdue on Mortgage Licensing – All LOs Should Pass the SAFE Act Test
In an article about GInnie Mae rolling out stress testing of IMBs, CHLA is quoted expressing appreciation that Ginnie Mae is acknowledging risk differences between… Read More »National Mortgage News: CHLA Encouraged Ginnie Mae is Acknowledging Risk Differences Between Large, Small IMBs
CHLA Member Matthew Van Fossen (Absolute Home Mortgage) outlines CHLA’s proposal that it presented to the CFPB to reform the Dodd-Frank LO Comp rules, in… Read More »Housing Wire Op-ED: CHLA’s Proposal to Reform LO Comp Rules Balances Needed Flexibility with Consumer Protections
Housing Wire reports on House Financial Services Committee passage of H.R. 3141, a bill to end FHA’s life of loan premiums. The article highlights CHLA’s… Read More »Housing Wire: House Committee Approves Bill to End FHA Life of Loan Premiums – Long a CHLA Priority
CHLA Board Member Michael Delehanty (Chief Financial Officer of Mountain West Financial) argues for the need for a sound understanding of the critical role that… Read More »Scotsman Guide June Magazine: Temper Ideals with Reality in Housing Reform – Preserve Key Federal Mortgage Programs
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