Op-Eds
Scotsman guide magazine: the fix fails to solve the problem – scott olson
New op-ed from Scott Olson in Scotsman Guide on concerns regarding state-level versions of CRA.
Housing wire – The incredible value of IMBs in the market
The data we will share with you today highlights two things. First, the FHA program does more loans to minorities than any other agency or private label lending source — so much so that it dwarfs the GSEs, VA, and others. Second, if it weren’t for independent mortgage bankers (IMBs), the opportunity to get into homes for first-time homebuyers would be significantly constrained.
Housing wire: Setting the record straight on IMBs
A Housing Wire Oped by Christina Brown of Atlantic Bay Mortgage explains the CHLA release of their report on IMB regulatory creep – rebutting the myths that IMBs are risk or are not regulated – and explaining why excessive regulation of smaller IMBs exacerbates industry concentration, which is bad for consumers.
national mortgage news: We need balanced regulation for smaller independent mortgage banks
Scott Olson makes the case for more balanced regulation for smaller independent mortgage banks in light of two new CFPB rules.
The Mortgage Note: Opinion: For a Strong Mortgage Market, Strengthen the Ginnie Mae PTAP Program
Scott Olson highlights a recent letter sent by CHLA to Ginnie Mae and highlights CHLA’s proposal to strengthen the Ginnie Mae PTAP Program.
Housing wire: Opinion: Why it’s time to cut mortgage fees
A CHLA Op-ed written by Rob Zimmer in Housing Wire makes the case why FHA and VA should reduce the premiums they charge, following the lead of FHFA’s recent announcement to eliminate LLPAs for most first time homebuyers
FHA unveils proposal for a new partial claim option
“The skyrocketing of mortgage rates has undermined FHA’s main loss mitigation tool for helping distressed borrowers – and FHA’s nimbleness in finding a workaround for
CHLA Commends FHA Commissioner Gordon for New Proposal to Keep Homeowners in their Home
The Community Home Lenders of America (CHLA) commended FHA Commissioner Julia Gordon for today’s announcement that FHA is proposing a program to create a flexible partial claim
Leaders struck a debt ceiling deal. What does it mean for mortgages?
“But mortgage rates have been creeping up in recent weeks because of uncertainties, so an agreement that brings some deficit reduction and removes this uncertainty