Loan Origination Compensation Rule – Joint Trades Letter

Ed Wallace Advocacy

September 26, 2018 The Honorable Mick Mulvaney Acting Director Bureau of Consumer Financial Protection 1700 G Street, NW Washington, DC 20552 Dear Acting Director Mulvaney,                                                                       …

Ed WallaceLoan Origination Compensation Rule – Joint Trades Letter

Give Useful Information to Define Effective Compliance Act

Ed Wallace Advocacy

The Community Mortgage Lenders of America, on behalf of its membership consisting of mid-size and small, independent mortgage banks, banks and credit unions, endorses the Give Useful Information to Define Effective Compliance Act. The CMLA’s Executive Director, Ed F Wallace, Jr. PhD, stated in support of the legislation: This bill will direct the Bureau of Consumer Financial Protection to implement …

Ed WallaceGive Useful Information to Define Effective Compliance Act

AN OPEN LETTER TO THE ADMINISTRATION AND CONGRESS A DEFINING MOMENT FOR HOUSING FINANCE: THE NEED TO PRESERVE ACCESS AND AFFORDABILITY

Ed Wallace Advocacy, News Brief, Press Release, Regulatory

AN OPEN LETTER TO THE ADMINISTRATION AND CONGRESS A DEFINING MOMENT FOR HOUSING FINANCE: THE NEED TO PRESERVE ACCESS AND AFFORDABILITY                                                                               …

Ed WallaceAN OPEN LETTER TO THE ADMINISTRATION AND CONGRESS A DEFINING MOMENT FOR HOUSING FINANCE: THE NEED TO PRESERVE ACCESS AND AFFORDABILITY

Advocacy In Action

Ed Wallace Advocacy

ADVOCACY IN ACTION As the premier Washington D.C. based Mortgage Advocacy Association exclusively representing small to mid-sized community-based independent mortgage companies, community banks, and credit unions, THE Community Mortgage Lenders of America is dedicated to strong representation ensuring the concerns of our members are heard as policy makers address pivotal issues in housing finance regulations. With leadership consisting of decades …

Ed WallaceAdvocacy In Action

THE CMLA Support for S. 2490, the TRID Improvement Act of 2018

Ed Wallace Advocacy

July 12, 2018 United States Senate Washington, DC 20515 Dear Senator: On behalf of the undersigned organizations, we urge you to cosponsor, support and pass S. 2490, the TRID Improvement Act of 2018, which would amend the Real Estate Settlement Procedures Act (RESPA) to allow the accurate disclosure of title insurance premiums and any potential available discounts to homebuyers. Under …

Ed WallaceTHE CMLA Support for S. 2490, the TRID Improvement Act of 2018