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CHLA In The News

CHLA In The News

National mortgage News: FHFA to waive some upfront fees

A National Mortgage News story reporting on FHFA eliminating upfront GSE fees for most first-time homebuyers highlights CHLA’s praise for the action and CHLA’s related requests to cut fees, particularly for middle income homebuyers in higher cost areas.

Housing Wire: Trade Groups Cheer New Deadline for Ginnie Nonbank Capital Rule

The Community Home Lenders Association, a trade group whose members are smaller independent mortgage banks, asked Ginnie to “show flexibility” in these requirements as it works with issuers “in order to avoid a potential adverse market impact which might result from issuers selling Ginnie Mae MSRs to meet the new requirements.”