Advocacy
CHLA Lauds Small Lender Protections in GSE Reform Bill – 5/15/14
CHLA Lauds Small Lender Protections in GSE Reform Bill Cites Provisions to Preserve a Cash Window and Securitization Options Contact: Scott Olson For Immediate Release 571-527-2601 May 15, 2014 __________________________________ The Community Home Lenders Association (CHLA) today lauded the provisions in the Senate GSE Reform bill reported out of committee today which create a mutual cooperative in order to preserve a cash window for small lenders
CHLA Renews Call for FHA Cut – 3/5/14
Community Home Lenders Association Renews Call for FHA Fee Cut ____________________________________________________ In the wake of the Obama Administration release of its FY 2015 Budget, the Community Home Lenders Association (CHLA) today renewed its call for a reduction in the annual loan fee that the Federal Housing Administration (FHA) charges homebuyers. “Today’s budget shows that our recent call for a meaningful reduction in FHA’s annual premium can
CHLA Letter to OMB – 2/18/14
2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 February 18, 2014 Hon. Sylvia Mathews Burwell, Director Office of Management and Budget 725 17th Street NW Washington, DC 20503 Dear Director Burwell: The Community Home Lenders Association (CHLA) is writing to request that the Administration include a reduction in FHA annual premiums in its FY 2015 Budget.. We recommend this change
CHLA Calls For FHA Fee Cut – 2/20/14
__________________________________ The Community Home Lenders Association (CHLA) today called for a reduction in the annual insurance premium the Federal Housing Administration (FHA) charges homebuyers. CHLA’s call came in the form of a letter to the Office of Management and Budget, suggesting that targeted reductions in the high annual premium levels be included in the FY 2015 budget. The CHLA proposal would reduce the
FHA MMIF Actuarial Report – 12/13/13
Scott Olson, Executive Director of the Community Home Lenders Association (CHLA), released the following statement in response to the release of the FHA MMIF actuarial report: ******************************************************************************* “In responding to the latest FHA projections, it is important to keep in mind that the quality of new FHA loans is very strong. In fact, the Community Home Lenders Association believes that FHA can best serve
CHLA GSE Reform Recommendations – 11/04/13
CONTACT: Scott Olson 571-527-2601 FOR RELEASE: November 4, 2013 On the eve of a Senate Banking Committee GSE reform hearing on small lender access to secondary markets, the Community Home Lenders Association (CHLA) is weighing in with its recommendations on how to preserve such access for small and mid-size mortgage lenders. “It is critical to maintain consumer choices through a diverse range of mortgage lenders
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