NewsRoom
HOUSING WIRE: CHLA letter to FHA highlighting chla initiatives
A Housing Wire article exclusively focused on CHLA’s letter to FHA Commissioner Gordon – supplementing the prior IMB sign on letter on FHA premiums – highlighting CHLA’s condo streamlining proposal, raising lender loan assumption fees, and fixing FHA disproportionate late penalties for servicers
HOUSING WIRE: CHLA sponsored imb sign on letter – FHa premiums
Housing Wire article about the IMB sign on letter spearheaded to FHA, asking for a cut in annual FHA premiums and and end to FHA’s Life of Loan policy
INSIDE MORTGAGE FINANCE: CHLA response to new cra rules
An Inside Mortgage Finance article on CRA changes quotes CHLA Director Scott Olson: “It makes sense to change CRA to be more performance based. However, since statistics show that [independent mortgage bankers] already do a much better job than banks of originating mortgage loans to low- and minority-income borrowers — and it is common for banks to meet CRA requirements by simply buying loans already
Inside mortgage finance: chla highlights problems with gse seller servicer financial requirements
An Inside Mortgage Finance story about an FHFA Listening session cites Taylor Stork’s presentation highlighting CHLA’s leadership in fighting the proposed 2% TBA hedging requirements, which would drive smaller IMBs out of the GSE market
National Mortgage news: Margin call requirement in FHFA proposal draws concern
A National Mortgage News story quotes Taylor Stork of Developers Mortgage highlighting CHLA’s call to exempt all smaller seller/servicers from FHFA’s proposed 2% TBA hedging liquidity ratio.
HOUSING WIRE: FHFA gets blowback on proposed liquidity requirements
A Housing Wire article on the FHFA Listening Session on GSE seller/servicer financial requirement cites CHLA Exec. Dir. Scott Olson pointing out that the 2% TBA hedging ratio will harm both consumers and smaller lenders.
Opinion: CRA doesn’t work for banks or IMBs
CHLA Executive Director Scott Olson opposes the extension of the Community Reinvestment Act to independent mortgage banks.
CHLA Renews Request to Ginnie Mae to Exempt Small and Mid-sized IMBs from Bank-like Capital Requirements
CHLA Letter Identifies Alternative Approaches to Address Liquidity and Going Concern Issues
Ginnie Mae’s New Capital Rules Draw Split Opinions
The Community Home Lenders Association wrote a letter to Ginnie, renewing its request that the government bond insurer “exempt small and mid-sized independent mortgage banks”