CHLA Comments on FHA Mortgagee Letter
“Partial claims help FHA borrowers by helping them stay in their home.” In a recent letter to FHA Commissioner Julia Gordon, CHLA ardently supports FHA’s… Read More »CHLA Comments on FHA Mortgagee Letter
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CHLA, CAI, and NAR Submit Comments on GSE Condominium and Housing Cooperative Project Approval and Loan Purchase Requirements
CHLA, CAI, and NAR submitted comments and recommendations to FHFA concerning potential changes to the Fannie and Freddie condo project approval and loan purchase requirements.… Read More »CHLA, CAI, and NAR Submit Comments on GSE Condominium and Housing Cooperative Project Approval and Loan Purchase Requirements
CHLA Asks CFPB for consumer protections on use of dual compensation
CHLA sends a letter to the CFPB asking for actions to protect consumers in the case of loan originators receiving dual realty compensation – including… Read More »CHLA Asks CFPB for consumer protections on use of dual compensation
CHLA Asks FHFA for GSE Repurchase Policy Changes – to Protect Consumers, Lenders, and Underserved Borrowers
The Community Home Lenders of America (CHLA) today sent a letter to FHFA, Fannie Mae, and Freddie Mac – asking Fannie and Freddie to adopt… Read More »CHLA Asks FHFA for GSE Repurchase Policy Changes – to Protect Consumers, Lenders, and Underserved Borrowers
CHLA letter to FHFA: GSEs should offer indemnifications instead of repurchases for performing loans
In a letter to FHFA Director Sandra Thompson, CHLA is asking Fannie Mae and Freddie Mac to adopt a policy of offering a reasonable indemnification… Read More »CHLA letter to FHFA: GSEs should offer indemnifications instead of repurchases for performing loans