Published: September 24, 2019
Welcome to the CMLA News Buzz!
This is your weekly hub of information about what's going on at CMLA.
|
CMLA News Highlight of the Week!
|
Housing Industry Pushes for QM Reform
|
CMLA recently signed a joint comment letter to support MBA's efforts to ensure the CFPB reforms the Qualified Mortgage (QM) general definition before the GSE Patch expires in 2021. The following two recommendations were made to the CFPB to ensure consumers have access to credit once the GSE Patch expires:
-
Remove the debt-to-income (DTI) ratio threshold as a standalone factor in the QM general definition; and
-
If DTI ratios remain a factor in any form in the QM general definition, allow for industry-accepted, government-approved alternatives to the income and debt verification standards found in “Appendix Q”
If you are interested in learning more about this advocacy campaign, the link to download the full letter is listed below.
|
What's Happening in Membership
|
Need to sign up or renew your membership? Try our NEW Online Application.
|
Say HELLO! to our Featured CMLA Members
|
Westerra Credit Union
RENEWING MEMBER!
Member since 2004
|
|
|
Join us for these upcoming CMLA Events
|
Clear Boundaries Webinar
with Christine Beckwith
Weds, October 16th - 11-12 MST
FREE!
|
|
S.O.L.D. Personal Safety Course
with Cheryl Lacy
Monday, October 21st - 9-11am
DTC - Harlequin Plaza
$20.00
|
|
|
Networking/Broncos Watch Party
Thurs, October 17th @ 6:30pm
Grist Brewing Company
$15.00
|
|
Networking/Broncos Watch Party
Thurs, October 17th @ 6:30pm
Grand Junction TBD
Registration Details Coming Soon!
|
|
|
Digital Mortgage Workshop
with Bryson Hammond
Thursday, November 7th
Registration Details Coming Soon!
|
|
Western Holiday Party
Dec 4, 2019 - 5-7pm
Rockslide Brewery, Grand Junction
$20.00
|
|
|
Denver Holiday Party
Dec 11, 2019 - 6-9pm
Breckenridge Brewery Farmhouse
Littleton
Registration details coming soon!
|
|
CMLA has several education trainings, networking events and webinars in the works for 2019. Check back frequently
for more information.
|
|
|
The CMLA Forums - Opportunities for Industry Leaders
|
Please click the link below for more information
about joining a CMLA Forum.
|
Sales Forum
October 9, 2019
Recruiting Coaching
by Erin Addesso at Triple Threat
|
|
Ops & Compliance Forum
October 9, 2019
Roundtable discussion on
regulatory change management
|
|
|
Executive Forum
October 10, 2019
Creating cultures that thrive
in the new paradigm of
mortgage lending, by Al Killeen
|
|
Leadership Forum
November 15, 2019
Jen Shirkani of Prenumbra Group will guide you through activities and exercises to help identify and create a well-developed EQ.
|
|
|
Support the Colorado Homeownership Coalition
|
CMLA is YOUR Legislative Advocate in the Mortgage Industry
|
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.
|
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.
|
This email was sent to {contact.email}.
You are receiving this email because you requested to receive communications from CMLA.
|
|
Colorado Mortgage Lenders Association
{domain.address}
{domain.phone}
|
|
|
|
|
|
|