Skip to main content

Lenders One members hear from Fannie Mae and FHA representatives
Jun 09, 2009

As it continues to offer services and benefits to enhance the relationship with its member lenders, Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, recently sponsored the Third Annual Lenders One Legislative Summit in Washington, D.C. The summit gave members an opportunity to hear from and speak with representatives from Fannie Mae, FHA and housing experts on Capitol Hill. Members then had several meetings with congressmen and senators. In addition to helping members arrange meetings with congressmen and senators from their respective states, Lenders One provided members with a forum to discuss the financial health of FHA and whether Fannie Mae and Freddie Mac should become privatized. “Providing our members with this kind of access to federal housing agencies as well as lawmakers gives us the opportunity to have our position on important housing issues heard by the people who are now playing a major role in how we conduct business,” said Scott Stern, CEO of Lenders One. “People inside the beltway get to hear what is really happening on Main Street.” With the federal government having an even greater presence in the stability of the mortgage industry, Lenders One members play a pivotal role in letting decision makers know what issues concern them. Members shared their concern about warehouse lines and encouraged that a bipartisan letter be sent to the Federal Reserve regarding the matter. Lenders One members also advocated fully funding FHA and permanently increasing the multifamily loan limits for structures with elevators as well as loan limits for single-family homes. Another area in which members ensured was addressed is raising GSE loan limits and extending their credit facility. “These are just a few key issues that lenders across the country are concerned about and want to see clear choices made,” Stern said. “At Lenders One we have taken the initiative to ensure that lenders have a chance to address them.” For more information, visit
Jun 09, 2009
CFPB Reports Trends In Financial Assistance

The latest developments from this study reveal that most consumers have exited the payment assistance they received at the start of the pandemic.

Analysis and Data
Jul 14, 2021
CFPB Orders GreenSky To Refund $9M In Unauthorized Loans

The consent order requires GreenSky to refund or cancel up to $9 million in loans for the customers harmed by this illegal conduct.

Regulation and Compliance
Jul 13, 2021
CFPB Warns Landlords And Consumer Reporting Agencies To Report Accurate Rental Information

Inaccurate rental or eviction information can unfairly block families and individuals from safe, affordable housing.

Regulation and Compliance
Jul 01, 2021
FHFA Mandates Quarterly Fair Lending Reports

FHFA issued orders for all enterprises to submit quarterly Fair Lending Reports with data and information to improve the FHFA’s capabilities. 

Regulation and Compliance
Jul 01, 2021
FHFA Follows CFPB To Protect Borrowers Once COVID-19 Foreclosure And Eviction Moratoriums End

The Federal Housing Finance Agency made it clear that Fannie Mae and Freddie Mac servicers are not permitted to make first notice or filing for foreclosure that would be prohibited by the CFPB protections for borrowers affected by COVID-19.

Regulation and Compliance
Jun 30, 2021
CFPB Finds Evidence Of Redlining And Deceptive Acts In 2020

Enforcement actions resulted in more than $124 million in consumer remediation and civil money penalties in 2020

Regulation and Compliance
Jun 29, 2021