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Press releases

CHLA Supports FHA Proposal on Servicer Tax and Insurance Reimbursements

Washington, D.C – March 10, 2025 – Community Home Lenders of America (CHLA) today submitted a comment letter to the Federal Housing Administration (FHA). The letter expressed CHLA’s support for an FHA proposal that allows servicers who advance taxes and insurance for delinquent borrowers to be reimbursed during the loss mitigation process. The CHLA letter also made several recommendations on how to implement this proposal. LINK TO CHLA

CHLA Releases Statement Regarding HUD Delaying the Energy Standard for FHA Single Family New Construction

Washington, D.C –  March 10, 2025 – TheCommunity Home Lenders of America (CHLA) released the following statement in response to HUD’s action, published in the Federal Register – https://www.govinfo.gov/content/pkg/FR-2025-03-10/pdf/2025-03758.pdf: – to delay by six months the compliance deadline for a requirement that new homes financed with FHA loans must meet the International Energy Conservation Code (IECC) energy standards for new homes: “The Community Home Lenders of

CHLA Writes the CFPB with Recommendations for Streamlining Regulation of IMBs

CHLA Writes the CFPB with Recommendations for Streamlining Regulation of IMBs Washington, D.C –  February 14, 2025 – The Community Home Lenders of America (CHLA) sent a letter to the Consumer Financial Protection Bureau (CFPB) laying out suggested reforms to streamline CFPB regulation of smaller independent mortgage banks (IMBs). Noting that recent Administration actions regarding the CFPB reflect the need for fundamental changes with the CFPB, the CHLA letter highlighted 4

CHLA Commends Nomination of Jonathan McKernan as CFPB Director

Washington, D.C – February 12, 2025 – Community Home Lenders of America (CHLA) releases statement regarding appointment of Jonathan McKernan to director of the CFPB: “CHLA commends the nomination of Jonathan McKernan to be director of the CFPB.  He brings a wealth of experience as a financial regulator, and we are confident he can make the fundamental changes to the CFPB that are needed to streamline regulation of

CHLA Cheers White House Support for Raising the SALT Cap

Move Consistent with CHLA’s Calls to Restore Portion of Lost Mortgage Deduction BenefitsWashington, D.C –  February 7, 2025 – The Community Home Lenders of America (CHLA) announced today it backs the White House for supporting an increase in the current $10,000 cap on deductions for State and Local Taxes (SALT) which it expressed in a meeting with top Congressional Republican leaders. “CHLA commends the White House for supporting an increase

CHLA Supports Scott Turner as Head of the Department of Housing and Urban Development (HUD)

Washington, D.C –  February 5, 2025 – Community Home Lenders of America (CHLA) announced its support of Scott Turner as Secretary of HUD and provided the following statement: “The CHLA congratulates and fully supports HUD Secretary Scott Turner in his new role. We are encouraged by his commitment to addressing broken housing policies and expanding sustainable homeownership opportunities. His focus on helping Americans achieve self-sufficiency and