CMLA & CHLA Urge a Fix For Mortgage Servicing Rights Tax Issue

CMLA Advocacy, Legislation

Washington, DC, November 29, 2017– The Community Mortgage Lenders of America (CMLA) and the Community Home Lenders Association (CHLA) sent a joint letter to Senate leadership today urging an amendment to address the issue created for small lenders by a provision in the tax reform bill (Section 13221) that would significantly multiply a lender’s tax liability for mortgage servicing rights, …

CMLACMLA & CHLA Urge a Fix For Mortgage Servicing Rights Tax Issue

CMLA Supports Bipartisanship Call for GSE Capital Cushion

CMLA Advocacy, Legislation, Press Release

Washington, DC, September 14, 2017 – The Community Mortgage Lenders of America (CMLA) today issued a statement of support for the bipartisan call for permitting Fannie Mae and Freddie Mac to build a capital cushion, rather than face a zero-capital situation on January 1st, 2018. “CMLA calls upon the U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) to …

CMLACMLA Supports Bipartisanship Call for GSE Capital Cushion

CMLA Urges Specific, Narrowly-Scoped Changes for GSE Reform

CMLA Advocacy, Legislation, Press Release, Testimony

Testimony says most of GSE Reform has already been accomplished Washington, DC, July 20, 2017 – In testimony before the Senate Banking Committee, the Community Mortgage Lenders of America (CMLA) urged Congress to enact narrowly-scoped, targeted legislation to complete the job of housing finance reform, and urged administrative action by the Federal Housing Finance Agency (FHFA) to set capital standards and oversee the recapitalization …

CMLACMLA Urges Specific, Narrowly-Scoped Changes for GSE Reform

CMLA/Joint Statement on GSE Reform Principles

CMLA Advocacy, Legislation

MAIN STREET GSE REFORM COALITION COMMON GSE REFORM PRINCIPLES Introduction For a variety of reasons, the time has come to end the conservatorships of Fannie Mae and Freddie Mac. The nation’s homeownership rate is hovering near a 50-year low, and the gap between the demand for and availability of affordable rental housing continues to widen. [View as pdf] As Congress …

CMLACMLA/Joint Statement on GSE Reform Principles

CMLA Opposes Piecemal GSE Reform

CMLA Advocacy, Legislation, Press Release

Coalition Letter Urges Congress to avoid Funding Bill Riders Washington, DC, September 20, 2016 – The Community Mortgage Lenders of America (CMLA), in a joint letter with civil rights organizations, affordable housing groups and business groups, urged Congress to avoid piecemeal reform of Fannie Mae and Freddie Mac through riders to year end funding bills or other must pass legislation. (View this release …

CMLACMLA Opposes Piecemal GSE Reform