CMLA Webinar Recording: New TILA Rules
May 17, 2013
CMLA Seeks Director of Membership Recruitment
April 25, 2013
CMLA Annual Fly-In Registration Form
June 5-6, 2013
Winter General Session 2013 Registration Form
March 3, 2013
CMLA CFPB Comment on MLO Compensation
October 16, 2012
June 12, 2012 All options for overhauling the U.S. system of housing finance pose challenges and need further study, an adviser to Treasury Secretary Timothy F. Geithner said today. more
June 12, 2012 The Community Mortgage Lenders of America (CMLA) is urging policy makers to consider retaining the positive aspects of Fannie Mae and Freddie Mac in any future secondary market design. more
June 25, 2012 National Flood Insurance - The full Senate began the final process toward passing legislation to reform the National Flood Insurance Program, voting 96-2 to proceed to floor consideration of the bill. There will be a few amendments but none that is expected to prevent final passage. The bill should pass next week with broad bi-partisan support.
Why Compensation Matters
CMLA was founded out of concern that emerging federal policies threaten to severely diminish community based lending, while increasing concentration among the nation's largest financial institutions, to the detriment of competition and consumers. CMLA members include community banks and non-banks. No member of CMLA has been a recipient of TARP funds or taken a single dime of taxpayer money. Our members survived the mortgage crisis because of close attention to prudent and traditional underwriting standards with a strong commitment to sound lending.
If Mark Zandi Gets the FHFA Job, GSE Reform Could Come Within Two Years
Moody’s Analytics Chief Economist Mark Zandi will neither confirm nor deny to Inside Mortgage Finance that he’s being considered by the White House to replace Federal Housing Finance Agency Acting Director Ed DeMarco as the agency’s new permanent director. Read more.
Industry Wary of G-Fee Hike to Fund Payroll Tax Relief
The mortgage industry is having growing concerns about a payroll tax relief measure that would raise GSE guarantee fees by 12.5 basis points, using the additional revenues to pay for other government programs. Read more.
Congress Restores Higher VA Loan Limits
The Senate approved the measure (H.R. 1627) last week and the House passed it Tuesday by a voice vote. The measure is now headed to the White House for President Obama’s signature. Read more.
Lawmakers Mulling Fate of Fannie, Freddie Split on U.S. Role
The U.S. housing industry is finding political traction in Congress as it objects to plans that would wind down Fannie Mae and Freddie Mac and eliminate any government role in mortgage finance. Read more.