New from CHLA: Reforming the LO Comp Rule.
It’s time to return the rule to its original intent:
Regulate comp between firms
Stop micromanaging how LOs serve borrowers
Read the white paper: https://t.co/9yLbwOazNh
Extreme weather is impacting traditional market dynamics between the mortgage and insurance industries. Check out CHLA President Taylor Stork's thoughts in @HousingWire here:
https://t.co/h7Y3K7lgyb
"We urge the House and Senate to pass the conference report to the NDAA and for the president to quickly sign this into law," @RobTVDC of @CHLAmerica said.
By @NMNBrad https://t.co/znVMbXINNG
Sue Melnick has been appointed to CHLA's Board of Directors. In this role, Melnick will support the organization’s mission in promoting federal mortgage programs and regulations which support community mortgage lenders. https://t.co/c9xuXnuUe7
CHLA sent a letter in response to the CFPB's RFI on fees charged by providers of mortgages and related settlement services, insisting that lack of competition causes increases in closing costs from third parties. Read more in @HousingWire: https://t.co/4W6vriyGLk
In his latest opinion piece for @HousingWire, CHLA's Taylor Stork highlights CHLA's support of FHFA's conditional approval of Freddie Mac's second mortgage program. Read more here: https://t.co/0bDolWhoz3
In a new opinion for @TheMortgageNote, CHLA's Scott Olson urges Congress to address homeowner affordability challenges head-on. https://t.co/HTAjSjiJvz
CHLA applauds the VA for temporarily allowing veterans and active-duty service members to fund Realtor “buyer’s broker” commission fees when purchasing homes with VA loans in a new story for @HousingWire. Read more here: https://t.co/sCWwxnTLJ6
CHLA executive director Scott Olson responds to FSOC's recent report, urging a focus on homeownership affordability in a new story for @NatMortgageNews. Read more here: https://t.co/fota32bCmh
CHLA has released a plan to modernize Ginnie Mae, in the wake of last Friday’s FSOC report on mortgage servicers. Read more in a new story from @HousingWire https://t.co/hCuxl6xfHu
CHLA applauds Freddie Mac for allowing the use of AOL’s as an alternative to title insurance in a new story for @HousingWire. Read more here: https://t.co/0McU8KLGJi
In an update to its January white paper, @CHLAmerica aims to provide policymakers and the public with up-to-date guidance on the credit scoring process and recommendations to ensure the credit market remains fair for all industry stakeholders. https://t.co/yATvSdEa9x
CHLA voices support for the FHFA’s recently revived title waiver pilot, saying that it could save homeowners thousands of dollars when refinancing their home, in a new story for @NatMortgageNews. Read more here: https://t.co/VpSIPTkZzx
CHLA has announced that Amanda Tucker of @AtlanticBay has been appointed to the organization’s Board of Directors. Read the full press release here: https://t.co/1H2wYaynNp
In a new story from @NatMortgageNews, CHLA urges caution in the CFPB’s plans to reform title insurance, asking that any proposal should work to protect consumers and lenders from decreased competition and reduced transparency: https://t.co/xoCsZgHVuA
In a new story from @HousingWire, CHLA voices support for alternatives to title insurance, but urges the CFPB to avoid proposals that decrease competition and transparency – which would ultimately harm lenders and borrowers in the long run: https://t.co/YLoKFrgPZc
CHLA sent a letter to the CFPB asking for the agency to release a report on third-party mortgage fees similar to their recent blog post on mortgage discount points. Read the full letter here: https://t.co/bSoPuGfVE2
In a new story from @NatMortgageNews, Scott Olson distinguishes the difference between mortgage rate discount points and junk fees. Read the full story here: https://t.co/TxcYvZeBKo
CHLA has sent a letter to FHA asking for equal treatment for homebuyers regarding payment of home buyer-broker commissions, following the proposed settlement of realtor lawsuits. Read the full press release here: https://t.co/GKo8Z0LbtQ