Advocacy
CHLA co-authors letter to FHFA, seeking modernization of gse appraisal policies
CHLA and other trade groups send a letter to FHFA, with a series of recommendations on modernizing appraisal requirements of Fannie Mae and Freddie Mac
CHLA Asks FHFA to Fast track Vantagescore – citing update to chla white paper
The Community Home Lenders of America (CHLA) today sent a letter to U.S. Housing (FHFA) Director Pulte to make recommendations from CHLA’s recent Credit Score White Paper Update – including fast tracking VantageScore, removing references to Fair Isaac from GSE credit score requirements – and ultimately having Fannie and Freddie develop their own capabilities to increase competition and bring down prices
CHLA SEEKS GUIDANCE FROM REGULATORS AND CREDIT BUREAUS ABOUT NEW TRIGGER LEADS LAW
CHLA sent letters today to the CFPB, FTC and Credit Bureaus requesting clarity on implementation of the recently enacted Homebuyer Privacy Protection Act that took effect on March 4 to ensure that consumers are able to continue receiving communications from lenders with whom they have an existing business relationship.
NATIONAL MORTGAGE NEWS: CFPB eyes TRID changes that could reshape closing disclosures
Article highlights CHLA support for CFPBs review and cites CHLAs Rob Zimmer, who notes the trade group will recommend ways to give families updated and
SCOTSMAN GUIDE: TRADE GROUPS ASK PULTE TO RECONSIDER FANNIE AND FREDDIE CONDO RULES
Article highlights letter from industry trade groups representing lenders, brokers and community associations seeking one-year delay so that FHFA can revisit whether new condo rules
HOUSING WIRE: Housing groups push FHFA to delay, revise GSE condo loan changes
Article highlights industry letter from CHLA, CAI and NAMB to FHFA Director Pulte and the GSEs highlighting “significant concerns” about affordability, access and inventory as