NewsRoom
NATIONAL MORTGAGE NEWS: CFPB eyes TRID changes that could reshape closing disclosures
Article highlights CHLA support for CFPBs review and cites CHLAs Rob Zimmer, who notes the trade group will recommend ways to give families updated and sometimes faster ways to access their mortgage money, while maintaining sufficient guardrails to protect these same families.
HOUSING WIRE: Housing groups push FHFA to delay, revise GSE condo loan changes
Article highlights industry letter from CHLA, CAI and NAMB to FHFA Director Pulte and the GSEs highlighting “significant concerns” about affordability, access and inventory as they relate to the GSEs’ condo policy changes announced in March.
National Mortgage News: Fannie and Freddie Release FICO 10T Historical Data in Long-awaited Move
Article about GSE publication of historical FICO Score 10T data along with additional Vantage 4.0 historical data cites comments by Rob Zimmer of CHLA, commending release of the data, which will expand mortgage credit access to more borrowers while also cautioning that pricing remains uncertain.
National Mortgage News: What early mortgage feedback has been like for Basel
In a comment letter to regulators, CHLA expressed skepticism that proposed risk weight reductions will have any significant impact in bringing banks back into the business of originating mortgage loans.
NATIONAL MORTGAGE NEWS: STATE MORTGAGE REGULATORS NEED A SUPERVISION RESET
An op-ed by Scott Olson and Wayne Watkinson raises concerns about the proliferation of state exams for non-bank lenders and how this can become an opportunity for multiple states to pile on with excessive fines for relatively minor offenses
Housing Wire: “Banking, housing finance groups urge Basel III capital rule changes”
Housing Wire covers comments on bank capital changes – highlighting CHLA’s comments and renewed request for Ginnie Mae to establish a standby Liquidity facility for IMBs
NATIONAL MORTGAGE NEWS: CFPB eyes TRID changes that could reshape closing disclosures
Article highlights CHLA support for CFPBs review and cites CHLAs Rob Zimmer, who notes the trade group will recommend ways to give families updated and
SCOTSMAN GUIDE: TRADE GROUPS ASK PULTE TO RECONSIDER FANNIE AND FREDDIE CONDO RULES
Article highlights letter from industry trade groups representing lenders, brokers and community associations seeking one-year delay so that FHFA can revisit whether new condo rules
HOUSING WIRE: Housing groups push FHFA to delay, revise GSE condo loan changes
Article highlights industry letter from CHLA, CAI and NAMB to FHFA Director Pulte and the GSEs highlighting “significant concerns” about affordability, access and inventory as