The Community Home Lenders of America (CHLA) writes to submit comments and recommendations in response to FHFA’s Request for Information regarding the future of the Federal Home Loan Bank system.  These comments are offered during a period of changing mortgage origination and refinance marketplace over the last ten years. As large banks have moved sharply away from mortgages, independent mortgage bankers (IMBs) and community banks

The Community Home Lenders of America (CHLA) submitted a formal comment letter to the Federal Housing Finance Agency (FHFA), in response to FHFA”s Request for Information on Fintech issues.

Today the Community Home Lenders of America (CHLA) wrote a letter requesting $6.6 million in funding for the FHA Catalyst Information Technology (IT) initiative in the FY 2023 THUD appropriations conference report.  The House THUD appropriations bill earmarked $6,598,000 in new budget authority for FHA modernization in the Committee report. This would allow FHA to move ahead expeditiously with its Catalyst IT modernization project. Unfortunately,

In a letter to Ginnie Mae, CHLA renews its request to exempt small and mid-sized IMBs from new Risk-Based Capital Requirements, raising concerns about reducing the number of issuers and causing lower MSR prices through forced selling