CHLA In The News
National Mortgage News: Why new Fannie Mae, Freddie Mac fees may be tricky to implement
National Mortgage News article discussing Freddie Mac and Fannie Mae’s new pricing grids includes a statement from CHLA advocating for a FHA premium cut to avoid any unintended consequences of FHA adverse selection.
Inside Mortgage Finance: CHLA Calls for Permanent PTAP Program at Ginnie
A Inside Mortgage Finance story discussing making Ginnie Mae’s pass-through assistance program permanent highlights CHLA’s call for a PTAP program that won’t foment taint and will preserve “solvent” issuers that might have short-term liquidity concerns.
Housing wire: Mortgage group asks regulators to stop FICO’s price hikes of up to 400%
Inside Mortgage Finance features a story about CHLA’s letter to FHA and FHFA asking them to prohibit significant FICO pending price increases for credit reports, under a pricing scheme that discriminates against smaller lenders
national mortgage news: Credit score prices to rise as much as 400% in 2023
A National Mortgage News story on imminent 400% prices increases for credit scores highlights CHLA criticisms of the level and discriminatory aspect of the price increases
NATIONAL MORTGAGE NEWS: FHA’s capital ratio increase prompts more calls for a premium cut
A National Mortgage News article about FHA’s reporting of a record capital ratio of 11.1% in its annual MMIF Report highlights CHLA’s renewed call for a premium cut and an end to FHA’s Life of Loan premium policy
Housing Wire: CHLA asks Congress not to extend higher VA home loan fees
A Housing Wire article reports on CHLA’s letter to Congressional leaders calling on Congress to let the excessive Blue Water Navy VA mortgage loan fees expire as scheduled next April.
CHLA Statement on FedFin Study That Finds ICE/Black Knight Merger Could Harm Small Lenders
Today, the Community Home Lenders Association (CHLA) Executive Director Scott Olson released the following statement on the Federal Financial Analytics (FedFin) study which found the ICE/Black Knight
CHLA Letter Seeks Exemption for Smaller IMBs from Redundant CFPB Form Contract Rule
The Community Home Lenders of America (CHLA) today sent a Comment Letter to the Consumer Financial Protection Bureau (CFPB) seeking an exemption for smaller independent mortgage
CHLA Letter seeks smaller IMB exemption from duplicative burdensome CFPB proposed rule on form contracts
The Community Home Lenders of America (CHLA) sent a formal comment letter to the CFPB, asking for an exemption from the rule’s requirements to submit