Scott Olson, executive director of the Community Home Lenders of America, said, “Obviously extending the debt limit is very important, but so far at least,… Read More »inside mortgage finance – Debt Ceiling Standoff Troubles Mortgage Industry
“The inability to reduce loan originator compensation to offset HFA production costs under the current LO Comp rule harms consumers by discouraging lender participation in… Read More »housing wire – CHLA supports changes to CFPB loan originator compensation rule
CHLA Submits a comment letter to the CFPB on the LO Comp Rules – advocating for flexibility for State HFA bond deals and for situations… Read More »CHLA Comment letter to CFPB advocating LO Comp Flexibility
New op-ed from Scott Olson in Scotsman Guide on concerns regarding state-level versions of CRA.
CHLA sent a letter to FHFA Director Sandra Thompson, asking for the elimination of the LLPA for Fannie Mae and Freddie Mac loans over 40%… Read More »CHLA Writes FHFA seeking elimination of >40% DTI LLPA
Inside Mortgage Finance writes about CHLA’s letter to House and Senate appropriators, asking for full funding, pay scale comparability, and contracting flexibility for both FHA… Read More »INSIDE MORTGAGE FINANCE: CHLA Backs FHA, Ginnie FY24 Budget RequestsINSIDE MORTGAGE FINANCE: