CMLA Members Meet With CFPB Director Kraninger

Ed Wallace Advocacy

WASHINGTON, D.C. – Yesterday, members of The Community Mortgage Lenders of America met with Director Kraninger and key staff to discuss four (4) specific topics. The interactive discussions were focused on: Tiered Regulation for IMBs LO Compensation Rule Safe Act, Licensing Bank LOs QM Patch and Transition The focus of the meeting was to give CMLA members the opportunity to …

Ed WallaceCMLA Members Meet With CFPB Director Kraninger

The CMLA Joins ALTA To Stop Real Estate Wire Fraud

Ed Wallace Advocacy

WASHINGTON, D.C. – The Community Mortgage Lenders of America has joined forces with the American Land Title Association in the fight to stop real estate wire fraud.   The Coalition to Stop Real Estate Wire Fraud aims to raise awareness of and educate homebuyers, real estate and mortgage professionals, and policy makers about the urgency of the problem; provide concrete …

Ed WallaceThe CMLA Joins ALTA To Stop Real Estate Wire Fraud

THE Community Mortgage Lenders of America Again Calls Out The Urban Institute For Corporate-Backed Lobbying

Ed Wallace Advocacy

WASHINGTON, D.C. – The Urban Institute, once a pre-eminent Think Tank launched by the Johnson Administration to serve the needs of our cities, has increasingly devolved into a corporate-backed lobby that serves its big bank and big finance clients to the detriment of our nation’s urban populations.    As part of its big finance agenda, it has repeatedly maligned the …

Ed WallaceTHE Community Mortgage Lenders of America Again Calls Out The Urban Institute For Corporate-Backed Lobbying

The CMLA writes letter to Chairwoman Waters and Ranking Member McHenry regarding Committee on Financial Services Hearing “Housing In America: Assessing the Infrastructure Needs Of America’s Housing Stock”

Ed Wallace Advocacy

To:       The Honorable Maxine Waters, Chairwoman             The Honorable Patrick McHenry, Ranking Member             U.S. House of Representatives Committee on Financial Services             2129 Rayburn House Office Building             Washington, D.C. 20515   Date:   May 3, 2019   Madam Chairwoman Waters …

Ed WallaceThe CMLA writes letter to Chairwoman Waters and Ranking Member McHenry regarding Committee on Financial Services Hearing “Housing In America: Assessing the Infrastructure Needs Of America’s Housing Stock”

The CMLA Loan Officer Compensation National Call To Action

Ed Wallace Advocacy

May 1, 2019 The Honorable Kathy Kraninger Director Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Dear Director Kraninger,   The Community Mortgage Lenders of America, it’s members, and other industry participants are writing to urge the Consumer Financial Protection Bureau (CFPB) to make changes to its Loan Originator Compensation (LO Comp) Rule necessary to help consumers …

Ed WallaceThe CMLA Loan Officer Compensation National Call To Action