Community Home Lenders of America (CHLA) sent a letter to Congress urging lawmakers to protect the cost of homeownership and reject any proposals that raise mortgage fees to fund unrelated federal spending.

The Community Home Lenders of America (CHLA) supports legislative efforts to create a partial indemnification program that assists veterans and active-duty families without increasing costs for taxpayers or other VA borrowers. CHLA emphasizes the importance of structuring the program to avoid disrupting the mortgage market, specifically by ensuring the VA guarantee is not reduced by attaching it to a second note on VA loans. CHLA

 Washington, D.C – March 10, 2025 – Community Home Lenders of America (CHLA) today submitted a comment letter to the Federal Housing Administration (FHA). The letter expressed CHLA’s support for an FHA proposal that allows servicers who advance taxes and insurance for delinquent borrowers to be reimbursed during the loss mitigation process. The CHLA letter also made several recommendations on how to implement this proposal.

Washington, D.C –  February 14, 2025 – The Community Home Lenders of America (CHLA) sent a letter to the Consumer Financial Protection Bureau (CFPB) laying out suggested reforms to streamline CFPB regulation of smaller independent mortgage banks (IMBs). Noting that recent Administration actions regarding the CFPB reflect the need for fundamental changes with the CFPB, the CHLA letter highlighted 4 key priorities to streamline regulation of smaller IMBs, in