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Advocacy and Policy Initiatives

Advocacy

CHLA Requests $6.6 Million in FHA IT Funding in FY 2023 THUD Appropriations

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,

CHLA Joins CMLA in asking FHFA to terminate HARMFUL gse PSPA provisions

in a joint letter with the Community Mortgage Lenders of America, CHLA sent a letter to Treasury Secretary Yellen and FHFA Director Thompson asking FHFA to terminate (or at least extend the suspension) of harmful PSPA restrictions from last year on the cash window, on higher risk loans, and on investment and second home loans.

fEATURED pOSTS