Press releases

Washington, D.C. – July 16, 2025 – The Community Home Lenders of America (CHLA) sent a letter to FHFA Director Pulte commending him for his recent decision to speed the adoption of VantageScore into the mortgage market, and stating that lenders fully expect Fair Isaac to raise prices on mortgage credit scores again this year. The letter offers additional ideas on how FHFA can continue

Calls on Congress to End Regulation of Employee Loan Originator Compensation To Limit the Law’s Requirements to Compensation Between Entities The Community Home Lenders of America (CHLA) today released its White Paper on Reform of LO Comp. The report chronicles the legislative history of LO Comp, identifies areas where it harms consumers – and calls on Congress to dial back the LO Comp statutory remedy to the

Washington, D.C. – May 27, 2025 – The Community Home Lenders of America (CHLA) sent a letter to FHFA Director Pulte commending him for his recent remarks regarding the recent Fair Isaac price hikes, and asked FHFA to take additional steps to reform this market and save Americans more of their hard-earned dollars. “CHLA commends FHFA Director Pulte for calling out excessive FICO credit score price

Washington, D.C. – April 22, 2025 – As Congress begins deliberations on a reconciliation bill under the Budget Resolution (H. Con. Res. 14), Community Home Lenders of America (CHLA) is urging lawmakers to protect the cost of homeownership and reject any proposals that raise mortgage fees to fund unrelated federal spending. “As a general principle, CHLA believes that mortgage fees on federal mortgage loan programs

Washington, D.C. –  April 16, 2025 – The Community Home Lenders of America (CHLA) congratulates Joe Gormley on his appointment as Executive Vice President and Chief Operating Officer at Ginnie Mae, an essential component of the nation’s housing finance system. Mr. Gormley brings a wealth of experience in housing policy, regulatory leadership, and public service to his new role. His background as a trusted housing

Washington, D.C –  April 14, 2025 – In the wake of the Veterans Affairs Servicing Purchase (VASP) program’s conclusion, the Community Home Lenders of America (CHLA) has formally called on the Department of Veterans Affairs (VA) to take swift and transparent action to support our nation’s veterans during this critical transition. In a letter sent to the VA, CHLA emphasized the importance of a fair