In a National Mortgage News Op-ed, Bill Giambrone highlights CHLA’s recent letter to Treasury and FHFA asking for a suspension of the January PSPA amendments which cap the volume of “higher risk’ GSE loans and investor loans – and hurt smaller lenders by capping cash window sales to $1.5 billion a year.
Scotsman Guide April Magazine: Taylor stork and Matt van fossen – the paradigm and paradox of mortgage licensing
In an article in the April Scotsman Guide Magazine, Taylor Stork and Matt Van Fossen highlight the paradox that mortgage loan originators that work at banks are exempt from basic qualifications requirements such as having to pass the SAFE Act text and an independent background check and completing 8 hours of annual continuing education. The article concludes by calling on the CFPB to close this
In a Housing Wire Op-Ed, CHLA Member Anthony Kellum of Kellum Mortgage highlights CHLA Recommendations to the incoming Biden Administration to expand FHA’s role in access to mortgage credit – such as ending Life of Loans and jump starting the FHA condo spot loan market.
In a National Mortgage News Op-ed, Matt Van Fossen and Taylor Stork make the case for smart state regulation of mortgage firms, in areas like Work at Home policies and prudential standards for servicers
In Scotsman Guide’s December 2020 Magazine, CHLA members Bill Giambrone, Don Calcaterra, Jr., and David Wind chronicle the growth of IMBs since the 2008 housing crisis – and the vital role they play in mortgage credit
Michael Delehanty pens an Op-Ed explaining the follow of the GSE Profit Sweep – which slowed down Fannie and Freddie’s emergence from conservatorship and raised fees during COVID-19
CHLA Renews Request to Ginnie Mae to Exempt Small and Mid-sized IMBs from Bank-like Capital Requirements
CHLA Letter Identifies Alternative Approaches to Address Liquidity and Going Concern Issues
The Community Home Lenders Association wrote a letter to Ginnie, renewing its request that the government bond insurer “exempt small and mid-sized independent mortgage banks”