Op-Ed
National mortgage News: CHLA Oped recommending changes to FHFA proposal to protect smaller lenders
In a National Mortgage News oped, CHLA Executive Director summarizes this week’s CHLA comment letter on FHFA proposed seller/servicer financial requirements – suggesting changes to protect smaller IMBs
Housing Wire Op-ED: CRA for IMBs wont work as advertised
In an op-ed in Housing Wire, Craig Thomas, CHLA’s Policy Director, explains that CRA has not worked well in Massachusetts – and offers a number of ways that other states that have adopted CRA for IMBs can implement it in a streamlined way that avoids over-regulation of smaller IMBs to no public purpose.
National Mortgage News Op-ED: Why the FHA should end its life of loan policy
In a National Mortgage News Op-Ed, CHLA Executive Director Scott Olson lays out the case for ending FHA’s Life of Loan Policy and cutting annual premiums – in response to FHA’s release of its annual report showing a capital ratio of 8%, more than 4 times the statutory requirement
Housing wire: GSE policy changes are positive for small lenders
CHLA’s Policy Director Craig Thomas outlines the positive trends this year for smaller lenders in GSE policies – including permanent G Fee parity, recent changes to expand access to GSE mortgage credit, and recommendations for further steps FHFA and the GSEs should take
Scotsman Guide October Magazine: Importance of IMB Advocacy in DC
CHLA’s Executive Director Scott Olson argues that with influential mortgage players in Washington using high priced lobbyists, small and mid-sized IMBs need to band together to win critical battles on issues like SAFE Act parity, cutting FHA premiums, and defending IMBs against efforts to paint IMBs as too risky
Inside sources: GSE Caps on Investor Loans Out of Sync with Federal COVID Response
An Inside Sources CHLA Op-Ed highlighted CHLA aggressive advocacy campaign since early this year for FHFA to suspend the January PSPA restrictions on investor and higher risk loans
INSIDE mortgage finance: CHLA, other groups weigh in on gse financial requirements
An Inside Mortgage Finance article about FHFA’s Listening Session on proposed increases in GSE seller/servicer financial requirements highlights CHLA’s presentation by Taylor Stork (Developers Mortgage)
National Mortgage news: Margin call requirement in FHFA proposal draws concern
A National Mortgage News story quotes Taylor Stork of Developers Mortgage highlighting CHLA’s call to exempt all smaller seller/servicers from FHFA’s proposed 2% TBA hedging
HOUSING WIRE: FHFA gets blowback on proposed liquidity requirements
A Housing Wire article on the FHFA Listening Session on GSE seller/servicer financial requirement cites CHLA Exec. Dir. Scott Olson pointing out that the 2%