Op-Eds
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
National mortgage news: What the CHLA report on independent mortgage banks reveals
A National Mortgage News by Paulina McGrath and Taylor Stork highlight CHLA’s release of its 2022 annual “IMB Report”
Housing Wire: 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 submits comment letter on illinois CRA draft regulations
CHLA submits a formal comment letter on the draft regulations to implement the Illinois CRA law for IMBs – including a proposal to increase minority
Scotsman Guide: FHFA delays implementation of controversial DTI-based loan fees
A Scotsman Guide article on FHFA’s 3-month delay of higher LLLPAs for GSE loans over 40% DTI highlights CHLA’s praise for the delay and continued
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