Skip to content

Newsroom

NewsRoom

nATIONAL mORTGAGE nEWS: chla cALLS FOR FHA MIP Cuts

The Community Home Lenders of America , sent a letter to Sen. Patrick Leahy, D.-Vermont, chairman of the Senate Appropriations Committee, and Sen. Richard Shelby, R.-Alabama, asking them to include $6.6 million in funding for the FHA Catalyst Information Technology initiative in the FY 2023 Transportation, Housing and Urban Development, and Related Agencies appropriations conference report.

Inside Mortgage Finance: FTC Raises Concerns Over ICE-Black Knight Merger-CHLA Responds

Responding to a request for comment, CHLA Executive Director Scott Olson this week said that since writing to the DOJ, CHLA has “heard from multiple small and mid-sized independent mortgage banks about the risks this merger could pose for consumers, both with respect to pricing and tying concerns that could be created by such an increase in market concentration.”

National Mortgage News: 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” from this aspect of updated counterparty criteria released recently in conjunction with the Federal Housing Finance Agency.

fEATURED pOSTS