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CHLA In The News

CHLA In The News

HOUSING WIRE: CHLA letter to FHA highlighting chla initiatives

A Housing Wire article exclusively focused on CHLA’s letter to FHA Commissioner Gordon – supplementing the prior IMB sign on letter on FHA premiums – highlighting CHLA’s condo streamlining proposal, raising lender loan assumption fees, and fixing FHA disproportionate late penalties for servicers

INSIDE MORTGAGE FINANCE: CHLA response to new cra rules

An Inside Mortgage Finance article on CRA changes quotes CHLA Director Scott Olson: “It makes sense to change CRA to be more performance based. However, since statistics show that [independent mortgage bankers] already do a much better job than banks of originating mortgage loans to low- and minority-income borrowers — and it is common for banks to meet CRA requirements by simply buying loans already