Items Tagged with 'Community Mortgage Lenders of America'

ARTICLES

  • Community Mortgage Lenders of America names Rob Zimmer acting executive director

    Replacing Glen Corso, who is set to retire
    The Community Mortgage Lenders of America is turning to one of its own to replace its executive director, Glen Corso, for the time being anyway. The CMLA announced this week that Rob Zimmer, the group’s head of external relations, will serve as acting executive director until a permanent replacement for Corso is found.
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  • Small lenders and affordable housing groups issue joint GSE reform proposal

    A guide to protect small lenders
    Small lender and affordable housing association groups worked together to create a joint release of GSE reform principles in order to ensure the safety of their respective members. The release comes amid a growing number of housing groups discussing reforming Fannie Mae and Freddie Mac given the current administration’s intent to make reform a priority. Here are a few key highlights from the release.
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  • Community lenders "baffled" to see major trade groups push "Wall Street" agenda

    CMLA pushes back against MBA, NAR efforts on GSE reform
    The battle lines surrounding the potential reform of Fannie Mae and Freddie Mac are becoming firmly drawn, with the Community Mortgage Lenders of America denouncing and rejecting a recent letter from several of the largest trade groups in housing that called for the Federal Housing Finance Agency to leave Fannie and Freddie reform to Congress.
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  • Community lenders call for Fannie, Freddie to stop paying dividend to Treasury

    Push for GSEs to rebuild capital to absorb any looming losses
    With Fannie Mae and Freddie Mac preparing to report their fourth quarter and full-year financial results for 2015 later this week, several national groups of community lenders are calling on the Federal Housing Finance Agency to suspend the practice of sending dividends from Fannie and Freddie to the Department of Treasury.
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  • Community lenders push White House to recapitalize Fannie, Freddie

    Say GSEs’ third quarter results are further evidence that conservatorship must end
    In the wake of a weak third quarter that saw Fannie Mae’s net income cut in half and Freddie Mac take a loss for the first time in four years, two groups of community lenders are pushing the Obama administration to rebuild the capital reserves of the government-sponsored enterprises and develop a plan to end conservatorship of the GSEs.
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