Advocacy
CHLA and NAR Letter to hud assistant secretary
The Community Home Lenders of America (CHLA) and National Association of REALTORS (NAR) today sent a comment letter to the Federal Housing Administration (FHA) applauding the FHA’s commitment to the 203(k) loan program and offering additional measures FHA can take to make it more attractive for consumers.
Trigger Leads – Applications for Home Purchase Mortgage Loans
CHLA wrote to the CFPB highlighting its significant concerns about the abusive use of “trigger leads” in conjunction with home purchase mortgage loans.
chla submits feedback to questions from fha
CHLA submitted feedback to FHA in response to the questions asked in your request for information regarding the FHA’s 203(k) loan program.
CHLA submits letter FHA 203(k) loan program
CHLA submitted a letter to FHA applauding their commitment to the 203(k) loan program and offering additional measures FHA can take to make it more attractive for consumers.
CHLA submits comment letter on illinois CRA draft regulations
CHLA submits a formal comment letter on the draft regulations to implement the Illinois CRA law for IMBs – including a proposal to increase minority and low-income loan originators and changes to reflect the IMB business model
CHLA asks ICE Mortgage Technology for relief from excessive user seat charges
CHLA send a letter to ICE Mortgage Technology President Bowler reiterating a request in a December letter for ICE user seat charges to decrease when user seats decrease, just like they increase when user seats increase for an IMB. The letter notes this is the type of practice that led CHLA to oppose ICE’s proposed purchase of Black Knight.
FHA unveils proposal for a new partial claim option
“The skyrocketing of mortgage rates has undermined FHA’s main loss mitigation tool for helping distressed borrowers – and FHA’s nimbleness in finding a workaround for
CHLA Commends FHA Commissioner Gordon for New Proposal to Keep Homeowners in their Home
The Community Home Lenders of America (CHLA) commended FHA Commissioner Julia Gordon for today’s announcement that FHA is proposing a program to create a flexible partial claim
Leaders struck a debt ceiling deal. What does it mean for mortgages?
“But mortgage rates have been creeping up in recent weeks because of uncertainties, so an agreement that brings some deficit reduction and removes this uncertainty