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Housing Wire: Trade Groups Cheer New Deadline for Ginnie Nonbank Capital Rule

The Community Home Lenders Association, a trade group whose members are smaller independent mortgage banks, asked Ginnie to “show flexibility” in these requirements as it works with issuers “in order to avoid a potential adverse market impact which might result from issuers selling Ginnie Mae MSRs to meet the new requirements.”

CHLA Releases its Latest Annual “IMB Report”

The Community Home Lenders of America (CHLA) today issued its latest annual IMB Report, a comprehensive analysis of key issues affecting independent mortgage banks (IMBs) and the critical role IMBs play in access to mortgage credit, particularly for minorities and other underserved borrowers.