CHLA TO GINNIE MAE: STRESS TESTING IS NOT APPROPRIATE OR NECESSARY FOR SMALLER ISSUERS [CHLA Comment Letter on Ginnie Mae Stress Testing Follows January Ginnie
Bringing Lenders Together
The Community Home Lenders Association (CHLA) is the distinctive voice in Washington for independent mortgage bankers (IMBs), fighting for federal housing policies that serve homeowners and create fair, competitive mortgages for IMBs.
Benefits of Membership
For 5 years, CHLA has been proposing a plan for administrative reform of Fannie and Freddie that protects small lender access and competitiveness, opposes vertical integration through new guarantors, and minimizes transition risk. Read the latest version of CHLA’s plan.
The Community Home Lenders Association (CHLA) is pleased to submit these comments in response to Ginnie Mae’s Request for Input on its Stress Testing Framework.
Aims to limit mortgage insurance premiums for FHA borrowers As reported by Jessica Guerin in HousingWire on June 13, 2019, the Community Home Lenders Association