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
In a letter to the CSBS, CHLA asks states to make permanent the Work-at-Home temporary branch office and licensing flexibilities that states have put in place on a temporary basis in response to COVID-19 – explaining how this can be done while fully protecting consumers.
CHLA writes HUD Secretary Fudge to renew its longstanding call to end FHA premiums for the Life of the Loan – citing new 3% caps
A National Mortgage News story highlights CHLA’s letter to Fannie Mae and Freddie Mac raising concerns about members’ recent experiences that the GSEs’ credit box
In a National Mortgage News Op-ed, Bill Giambrone highlights CHLA’s recent letter to Treasury and FHFA asking for a suspension of the January PSPA amendments