Advocacy
CHLA co-authors letter to FHFA, seeking modernization of gse appraisal policies
CHLA and other trade groups send a letter to FHFA, with a series of recommendations on modernizing appraisal requirements of Fannie Mae and Freddie Mac
CHLA Asks FHFA to Fast track Vantagescore – citing update to chla white paper
The Community Home Lenders of America (CHLA) today sent a letter to U.S. Housing (FHFA) Director Pulte to make recommendations from CHLA’s recent Credit Score White Paper Update – including fast tracking VantageScore, removing references to Fair Isaac from GSE credit score requirements – and ultimately having Fannie and Freddie develop their own capabilities to increase competition and bring down prices
CHLA SEEKS GUIDANCE FROM REGULATORS AND CREDIT BUREAUS ABOUT NEW TRIGGER LEADS LAW
CHLA sent letters today to the CFPB, FTC and Credit Bureaus requesting clarity on implementation of the recently enacted Homebuyer Privacy Protection Act that took effect on March 4 to ensure that consumers are able to continue receiving communications from lenders with whom they have an existing business relationship.
CHLA releases analysis of fico credit score increases
CHLA today released an update to its 2024 White paper on Credit Score Markets and Pricing – using surveys from CHLA members to calculate the updated impact of recent FICO credit score prices and provide an analysis and make recommendations in response to those developments.
national mortgage news: What early mortgage feedback has been like for Basel
In a comment letter to regulators, CHLA expressed skepticism that proposed risk weight reductions will have any significant impact in bringing banks back into the
NATIONAL MORTGAGE NEWS: STATE MORTGAGE REGULATORS NEED A SUPERVISION RESET
An op-ed by Scott Olson and Wayne Watkinson raises concerns about the proliferation of state exams for non-bank lenders and how this can become an
housing wire: Congress reaches bipartisan agreement on ROAD to Housing Acthousing wire:
CHLA Lauds Road to Housing bill – but renews its call for a Moonshot Commitment to address Gen Z Homeownership Challenges