Advocacy
CHLA Renews call for End to FHA Life of Loan Premiums – cites impact of GSE refi caps
CHLA writes HUD Secretary Fudge to renew its longstanding call to end FHA premiums for the Life of the Loan – citing new 3% caps on so-called “higher risk’ Fannie/Freddie refi loans as a factor in exacerbating the negative impact by closing off an important exit for many from Lifetime premiums.
CHLA Writes FHFA, Treasury to ask for suspension of GSE Loan restrictions
In a letter to FHFA and Treasury, CHLA asks for a suspension of restrictions in the January PSPA amendments of so-called riskier loans and investment and second home properties – pending a review of their adverse impact on access to mortgage credit Download PDF Click Here
CHLA releases FHA recommendations to biden administration
The Community Home Lenders Association (CHLA) today released a set of comprehensive FHA recommendations it is calling on the Biden/Harris Administration to act on to improve access to mortgage credit for minority and underserved borrowers.
CHLA Seeks small servicer protections in CSBS financial/management proposal
In a comment letter to the CSBS on its proposed new servicing and management requirements, CHLA proposes streamlined compliance and de minimis state exemptions for smaller servicers
CHLA Asks states for permanent work-at-home flexibilities
In a letter to the CSBS, CHLA asks states to make permanent the Work-at-Home temporary branch office and licensing flexibilities that states have put in place on a temporary basis in response to COVID-19 – explaining how this can be done while fully protecting consumers.
INSIDE mortgage finance: CHLA, other groups weigh in on gse financial requirements
An Inside Mortgage Finance article about FHFA’s Listening Session on proposed increases in GSE seller/servicer financial requirements highlights CHLA’s presentation by Taylor Stork (Developers Mortgage)
National Mortgage news: Margin call requirement in FHFA proposal draws concern
A National Mortgage News story quotes Taylor Stork of Developers Mortgage highlighting CHLA’s call to exempt all smaller seller/servicers from FHFA’s proposed 2% TBA hedging
HOUSING WIRE: FHFA gets blowback on proposed liquidity requirements
A Housing Wire article on the FHFA Listening Session on GSE seller/servicer financial requirement cites CHLA Exec. Dir. Scott Olson pointing out that the 2%