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CMLA Weekly News Buzz - December 15, 2020

Published: December 15, 2020

CMLA News Digest
Welcome to the CMLA News Buzz!
This is your weekly hub of information about what's going on at CMLA.
 
December 15, 2020
 
 
CMLA News Highlight of the Week!
 
2 WEEKS LEFT 
to Double the Donation in 2020!
Campaign ends December 31st.
 
Double the Donation
Learn about CHC
Double the Donation
We're almost to our goal of $90,000!
 
83% of our goal met with $75,084 raised
 
We want to extend a huge THANK YOU to everyone who has contributed to the 2020 Double the Donation Campaign benefitting the Colorado Homeownership Coalition. With two weeks to go, let's finish strong and support Colorado homeowners this holiday season.
 
We are funding HOPE
for Colorado homeowners who need a helping hand
 
100% of your gift donation helps families who need support to sustain homeownership
 
There are three ways YOU can help:
 
1. Make a donation - 100% of every dollar donated is given to support a CHC family: Donate Here
2. Spread the word! Rally your networks - let your friends and followers know about our mission and by sharing our website: www.chchelps.org
3. Like our CHC Facebook page and/or follow our LinkedIn page
 
Learn about CHC
Double the Donation
Double the Donation
 
 
 
What's Happening in Membership
 
Need to sign up or renew your membership? Try our NEW Online Application.
 
Sindi Lillis - Membership Manager
We'd like you to meet our Membership Manager, Sindi Lillis. She is available to answer all of your membership questions and will be notifying you when your membership is up for renewal.
Sindi Lillis
303-773-9565
 
Become a CMLA Member
Renew Your Membership
Say HELLO! to our Featured Members of the Week
 
 
Stratton Equities
Stratton Equities
New Member!
 
Access Financial Group
Access Financial Group
Renewing Member!
Member since 1997
 
 
Join us for these upcoming CMLA Events and Programs
 
Still need CE credits? Knowledge Coop is offering a 10% discount for CMLA members to obtain 2020 CE Training (7hrs) through the end of the year (use code CMLA.7HR.2020). Register here
 
 
Mortgage Leadership Program
Apply Online Now
Reserve your spot for the 
2021 Mortgage Leadership Program
 
The Mortgage Leadership Program seeks to create an environment that enables leadership opportunities through four pillars of Networking, Industry Knowledge and Growth, Community, and CMLA Involvement. By providing this environment, the Colorado Mortgage Lenders Association can cultivate the next generation of leaders who will raise the level of professional integrity, moral objectivity, ingenuity, and commitment of the mortgage industry to benefit the state of Colorado and its citizens.
 
 
2021 MLP Registration Includes:
Course Materials and Virtual Meetings
Invitation to Leadership Forum
Inside look at the CMLA Board of Directors
Registration for the 2021 CMLA Mortgage Expo
MLP Group Project and Presentation
Community Volunteer Opportunity
Introduction to CMLA Advocacy and LARAC
Registration for the 2021 CMLA Convention
Registration for the 2021 CMLA Holiday Party
 
Application Deadline: January 16, 2021
Program Begins: January 26, 2021
 
Apply Online Now
 
CMLA Upcoming Events
CMLA has several education trainings, networking events and webinars in the works for 2019. Check back frequently
for more information.
 
CMLA Event Page
 
CMLA is YOUR Legislative Advocate in the Mortgage Industry
 
December 15th - MBA: Share of Mortgage Loans in Forbearance Drops Back to 5.48%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased to 5.48% of servicers’ portfolio volume as of December 6 from 5.54% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
 
December 14th - MBA Advocacy Update
The CFPB released its much-anticipated final QM rules replacing the so-called GSE Patch and providing QM status for “certain” seasoned loans. Both final rules reflected important provisions advocated by MBA throughout the comment process.
 
December 12th - Pandemic Housing Shifts Will Speed Recovery in 2021
A slumping home market dragged out a rebound from the 2008 recession; this time the industry will help, not hinder, the economy. 
 
Dieter Raemdonck
CMLA Registered Lobbyist

Dieter Raemdonck is the registered lobbyist for CMLA and his practice is focused primarily on government relations matters at the federal, state, and local levels.
 
The Legislative and Regulatory Affairs Committee (LARAC) meets monthly to review proposed legislation and regulatory developments. We routinely comment on legislative and regulatory proposals to state and federal agencies, are active members of the Mortgage Bankers Association (MBA) and we attend the MBA’s National Policy Conference to engage with the Colorado Delegation in Washington, D.C.
 
Learn More about CMLA's Legislative Efforts
 
COVID-19 Update
CMLA is continuing to monitoring the COVID-19 virus' impact on our members, staff, and communities. We are still open for business and remain committed to working on your behalf. We are hard at work preparing for the Colorado legislature's return to session as well as planning future events and webinars.

For the latest information about the COVID-19 virus:
 
THANK YOU to CMLA's Members whose dues help the industry during challenging times.
 
Meet CMLA's Members
 
Who is CMLA?
 
CMLA Mission Statement
The Colorado Mortgage Lenders Association is an organization committed to responsible homeownership achieved through the practice of integrity-based lending. We serve our community through effective education, principled representation and gracious networking to advance free enterprise and the highest ethical standards in the mortgage lending industry.
 
Meet the CMLA Board
Meet the CMLA Staff