About us
Mission Statement
The Community Home Lenders of America (CHLA) is a national non-profit association of small and mid-sized community-based mortgage lenders. The mission of the CHLA is to promote federal mortgage programs, rules, and regulations which treat community mortgage lenders fairly, and which reflect the critical importance that community mortgage lenders play in providing broad access to credit for borrowers, in increasing competition in mortgage markets, and in providing borrowers with quality mortgage services and access to loans at a local level.
Community mortgage lenders face both significant challenges and new growth opportunities as the landscape for mortgage lending and servicing continues to change at an unprecedented rate. Federal agencies are issuing a number of new regulations under Dodd-Frank, the CFPB continues to grow, and Congress is beginning a vigorous debate on the financial status and role of FHA, on the future of Fannie Mae and Freddie Mac, and on steps that could be taken to bring private capital back into mortgage markets, in order to shrink the footprint of Fannie, Freddie, and FHA.
These changes could have a major impact on community mortgage lenders. However, too often, policy makers in Washington hear only the voices of the biggest players, including so-called “too-big-to-fail” firms – often ignoring the perspective of other lender/servicers in the market.
JOIN Today
Membership in CHLA gives members the opportunity to stay informed of developments in Washington that affect their business, to collaborate with like-minded firms, and to participate in efforts to influence Washington decision makers to adopt policies that affirm CHLA objectives. Join Now!
CHLA SEEKS GUIDANCE FROM REGULATORS AND CREDIT BUREAUS ABOUT NEW TRIGGER LEADS LAW
CHLA sent letters today to the CFPB, FTC and Credit Bureaus requesting clarity on implementation of the recently enacted Homebuyer Privacy Protection Act that took
CHLA releases analysis of fico credit score increases
CHLA today released an update to its 2024 White paper on Credit Score Markets and Pricing – using surveys from CHLA members to calculate the
housing wire: Insurance is having a growing impact on condo affordabilityhousing wire:
Kelly Welch analyzes condo insurance changes made the previous week by Fannie Mae and Freddie Mac, and makes suggestions going forward on how to improve