Advocacy
46 IMBs Send Letter with GSE Conservatorship Exit Priorities
Washington, D.C. — 46 independent mortgage banks (IMBs) sent a joint letter today to Treasury Secretary Bessent and FHFA Director Pulte identifying IMB priorities for a Fannie/Freddie Exit from Conservatorship, to protect smaller IMBs and consumers. https://www.communitylender.org/wp-content/uploads/2025/09/imb_sign_on_letter-gse_exit_conservatorship-05sept2025.pdf The IMB sign-on letter, spearheaded by the Community Home Lenders of America (CHLA), comes one day before the 17th anniversary of Fannie Mae and Freddie Mac
CHLA Unveils Starker Exchange Tax Proposal to Help Young Families Buy Their First Home
The Community Home Lenders of America (CHLA) today unveiled a tax proposal to tap into trillions of dollars of assets locked up by capital gains tax consequences to help children or grandchildren buy their first home. CHLA released the plan after President Trump recently expressed support for changes to the tax treatment of sale of a personal residence. https://www.communitylender.org/wp-content/uploads/2025/08/CHLA-StarkerforHomeownership.pdf Modeled after the commercial 1031 Starker
CHLA Sends Letter Urging Congress to Protect Homeownership
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.
CHLA Sends Letter to US House Committee on Veterans’ Affairs
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
CHLA Supports FHA Proposal on Servicer Tax and Insurance Reimbursements
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.
CHLA Supports Director Pulte’s Push to Modernize Credit Scoring; Warns More FICO Price Hikes Coming this Fall
Washington, D.C. – July 16, 2025 – The Community Home Lenders of America (CHLA) sent a letter to FHFA Director Pulte commending him for his
CHLA Releases White Paper on LO Comp Reform
Calls on Congress to End Regulation of Employee Loan Originator Compensation To Limit the Law’s Requirements to Compensation Between Entities The Community Home Lenders of America (CHLA)
CHLA Commends FHFA Director Pulte for Comments on FICO
Washington, D.C. – May 27, 2025 – The Community Home Lenders of America (CHLA) sent a letter to FHFA Director Pulte commending him for his