New op-ed from Scott Olson in Scotsman Guide on concerns regarding state-level versions of CRA.

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.

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.

Scott Olson makes the case for more balanced regulation for smaller independent mortgage banks in light of two new CFPB rules.

Scott Olson highlights a recent letter sent by CHLA to Ginnie Mae and highlights CHLA’s proposal to strengthen the Ginnie Mae PTAP Program.

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