inside mortgage finance – Trade groups continue to fight gses’ condo rules
CHLA, CAI, and NAR submitted comments to FHFA, pushing back against restrictions put in place following the condo collapse in Surfside, FL.
CHLA, CAI, and NAR submitted comments to FHFA, pushing back against restrictions put in place following the condo collapse in Surfside, FL.
A coalition of trade associations — the Community Home Lenders of America (CHLA), the Community Association Institute (CAI) and the National Association of Realtors (NAR) — have submitted a letter to… Read More »Housingwire – FHFA Housing, Condo Co-Op Lending Guidelines Need Improvement: Trade Groups
For too far too long, low-middle income communities have been plagued with housing shortages as well as neighborhood disinvestment and decline. CHLA stands to solve… Read More »Inside Mortgage Finance – Housing Tax Credit Legislation Reintroduced
The Community Home Lenders Association last week called on the Consumer Financial Protection Bureau to put into place consumer protections on the use of dual… Read More »Inside Mortgage Finance – CHLA Asks CFPB for Dual Compensation Restrictions
CHLA acknowledged that repurchases have long been the default response to loans that don’t meet GSE underwriting standards. “What’s changed in the last year is… Read More »Inside Mortgage Finance – Surging Repurchase Requests May Not Reflect Policy Changes
“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… Read More »Housingwire – FHA Unveils Proposal for a New Partial Claim Option