CHLA sent a letter to FHFA Director Sandra Thompson, asking for the elimination of the LLPA for Fannie Mae and Freddie Mac loans over 40%… Read More »CHLA Writes FHFA seeking elimination of >40% DTI LLPA
Inside Mortgage Finance writes about CHLA’s letter to House and Senate appropriators, asking for full funding, pay scale comparability, and contracting flexibility for both FHA… Read More »INSIDE MORTGAGE FINANCE: CHLA Backs FHA, Ginnie FY24 Budget RequestsINSIDE MORTGAGE FINANCE:
In a detailed letter to top House and Senate appropriators, CHLA is asking for Congress to fully fund FHA and Ginnie Mae’s salaries and administrative… Read More »CHLA Asks appropriators for full funding and fleXibility for FHA and ginnie mae
The scaling back of procedural hurdles could revitalize the Federal Housing Administration’s 203(k) program, according to trade groups like the National Association of Realtors and Community… Read More »National mortgage news – Lack of consultants stymies FHA purchase-rehab loan program
The Community Home Lenders of America (CHLA) and National Association of REALTORS (NAR) today sent a comment letter to the Federal Housing Administration (FHA) applauding the FHA’s commitment… Read More »CHLA and NAR Letter to hud assistant secretary
In its letter to the CFPB, the CHLA outlined experiences of its own members applying for a mortgage, which included a member receiving 60 phone… Read More »National mortgage news – Trade groups cheer bill that could upend trigger leads