General World News

Smaller mortgage lender lobby groups to merge

The Community Home Lenders Association and the Community Mortgage Lenders of America, two Washington, D.C. lobby groups representing smaller mortgage lenders, will join forces.

The new group, the Community Home Lenders of America, will conserve CHLA’s acronym. The group will operate out of one office and merge assets.

Several former congressional aides and a former top Department of Housing and Urban Development staffer will represent the new CHLA in the nation’s capital.

Scott Olson, executive director of the old CHLA, is a former Democratic aide on the House Financial Services Committee, and will be the new lobby group’s executive director. Rob Zimmer, the details ⇒

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