CHLA issued the linked press statement strongly commending FHFA Director Calabria for delaying until December 1st the effective date for the new 50 basis points GSE adverse market fee

CHLA, along with consumer groups and other trade groups, sent a letter to HUD Secretary Ben Carson, asked FHA to eliminate its recently adopted 20% 1st loss indemnification penalty on properly underwritten loans that go into forbearance prior to being insured by FHA.