CHLA submitted a detailed letter to Ginnie Mae asking it to scrap the proposed increased financial requirements and risk-based capital rule – or rework them to focus on larger issuers, where most of Ginnie Mae’s risk is.
CHLA asks Treasury, FHFA, and Fannie Mae to reverse steep cuts in investor, second home loans for certain lenders
Read the Letter Here In a strong joint letter to Treasury, FHFA, and Fannie Mae, CHLA called on these entities to take action to reverse Fannie Mae actions to reduce the percentage of certain lenders’ investor/second home loans to 3%, highlighting the negative impact on smaller lenders.
CHLA writes HUD Secretary Fudge to renew its longstanding call to end FHA premiums for the Life of the Loan – citing new 3% caps on so-called “higher risk’ Fannie/Freddie refi loans as a factor in exacerbating the negative impact by closing off an important exit for many from Lifetime premiums.
In a letter to FHFA and Treasury, CHLA asks for a suspension of restrictions in the January PSPA amendments of so-called riskier loans and investment and second home properties – pending a review of their adverse impact on access to mortgage credit Download PDF Click Here
The Community Home Lenders Association (CHLA) today released a set of comprehensive FHA recommendations it is calling on the Biden/Harris Administration to act on to improve access to mortgage credit for minority and underserved borrowers.
In a comment letter to the CSBS on its proposed new servicing and management requirements, CHLA proposes streamlined compliance and de minimis state exemptions for smaller servicers
CHLA submitted a detailed letter to Ginnie Mae asking it to scrap the proposed increased financial requirements and risk-based capital rule – or rework them
Bill Cosgrove highlights key findings from CHLA’s recently released IMB Report – explaining how IMBs have become a dominant mortgage force, lead in lending to
In a joint letter to Treasury Secretary Yellen and new Acting FHFA Director Sandra Thompson just hours after she was appointed, CHLA presses once again