The Community Home Lenders of America (CHLA) today submitted a formal comment letter to the Federal Housing Finance Agency (FHFA), in response to FHFA”s Request for Information on Fintech issues.
The Community Home Lenders of America , sent a letter to Sen. Patrick Leahy, D.-Vermont, chairman of the Senate Appropriations Committee, and Sen. Richard Shelby, R.-Alabama, asking them to include $6.6 million in funding for the FHA Catalyst Information Technology initiative in the FY 2023 Transportation, Housing and Urban Development, and Related Agencies appropriations conference report.
Today the Community Home Lenders of America (CHLA) wrote a letter requesting $6.6 million in funding for the FHA Catalyst Information Technology (IT) initiative in… Read More »CHLA Requests $6.6 Million in FHA IT Funding in FY 2023 THUD Appropriations
Community lenders might be able to transition to a new provider, but doing so requires an investment in time that could be hard on them financially.
Scott Olson, executive director of the Community Home Lenders of America, called for a more flexible PTAP that small and mid-sized issuers could access in more normal circumstances, not just during a national economic crisis.
CHLA Executive Director Scott Olson opposes the extension of the Community Reinvestment Act to independent mortgage banks.