Is This Any Way to Run a Mortgage Market?

CMLA Advocacy

Here’s the Right Solution The following is an Op-Ed by CMLA Chair Paulina McGrath that appeared yesterday on Housing Wire: Fannie Mae and Freddie Mac are especially vulnerable to losses from financial market volatility today because their existing capital cushions are extremely low. These Government Sponsored Enterprises or GSEs were the focus of the largest housing Federal bailout in history. …

CMLAIs This Any Way to Run a Mortgage Market?

CMLA Calls on Congress to Streamline Regulations

CMLA Advocacy, Press Release

Congress should streamline regulations for community-based mortgage lenders, banks and non depository lenders alike, to keep consumer costs as low as possible and preserve a wider array of choices among lenders to serve homebuyers’ financing needs. In Congressional testimony today, the Community Mortgage Lenders of America (CMLA) proposed a series of measures that could accomplish this goal. (read more)

CMLACMLA Calls on Congress to Streamline Regulations

Compliance Council Discusses TRID, MSAs & Vendor Oversight

CMLA Advocacy

The CMLA Compliance Council met last week and discussed TRID implementation, the current situation with Marketing Servicing Agreements (MSAs) and Vendor Oversight. Ken Trepeta, a staff member of the National Association of Realtors (NAR) spoke with the Council regarding TRID. Trepeta described the educational steps NAR is taking to acquaint real estate agents on the changes that will be forthcoming …

CMLACompliance Council Discusses TRID, MSAs & Vendor Oversight

CMLA Webinar: Increase Revenues While Managing Deceptive Practices Risk

CMLA Advocacy

Join us for a webinar on Apr 16, 2015 at 2:00 PM EDT. This presentation focuses on new and emerging marketing opportunities, business relationships, and loan products that are highly effective but carry significant compliance risks if not properly implemented. During the presentation we will dispel myth from reality, explain the real risks, as well as how to avoid them, in order to …

CMLACMLA Webinar: Increase Revenues While Managing Deceptive Practices Risk

CMLA Lobbyist on Reg Relief Priorities

CMLA Advocacy

CMLA LOBBYIST ON REG RELIEF PRIORITIES CMLA’s Chief Lobbyist and Director of External Affairs, Rob Zimmer, laid out the strategy for pursuing CMLA’s top priorities. In a conference call with CMLA members last week, Zimmer explained why CMLA is working with the Mortgage Bankers Association (MBA) and the Community Home Lenders Association (CHLA). These Associations share CMLA’s top legislative priorities …

CMLACMLA Lobbyist on Reg Relief Priorities