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CHLA Commends FHFA Director Thompson on Reduced Upfront Fee for Commingled Enterprise Securities

Scott Olson, Executive Director of The Community Home Lenders of America (CHLA), today released the following statement in response to the announcement from FHFA Director Sandra L. Thompson on the reduction in the upfront fee for commingled enterprise securities:

“CHLA commends Director Thompson for streamlining the UMBS process by reducing fees withheld by the other GSE.”

CHLA had previously waived-in such an action. 

To view the FHFA statement, click here.