Press releases

46 IMBs Send Letter with GSE Conservatorship Exit Priorities

Washington, D.C. — 46 independent mortgage banks (IMBs) sent a joint letter today to Treasury Secretary Bessent and FHFA Director Pulte identifying IMB priorities for a Fannie/Freddie Exit from Conservatorship, to protect smaller IMBs and consumers. https://www.communitylender.org/wp-content/uploads/2025/09/imb_sign_on_letter-gse_exit_conservatorship-05sept2025.pdf The IMB sign-on letter, spearheaded by the Community Home Lenders of America (CHLA), comes one day before the 17th anniversary of Fannie Mae and Freddie Mac

September 5, 2025

CHLA Unveils Starker Exchange Tax Proposal to Help Young Families Buy Their First Home

The Community Home Lenders of America (CHLA) today unveiled a tax proposal to tap into trillions of dollars of assets locked up by capital gains tax consequences to help children or grandchildren buy their first home. CHLA released the plan after President Trump recently expressed support for changes to the tax treatment of sale of a personal residence. https://www.communitylender.org/wp-content/uploads/2025/08/CHLA-StarkerforHomeownership.pdf Modeled after the commercial 1031 Starker

August 13, 2025

CHLA Supports Director Pulte’s Push to Modernize Credit Scoring; Warns More FICO Price Hikes Coming this Fall

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

July 16, 2025

CHLA Releases White Paper on LO Comp Reform

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

June 26, 2025

CHLA Commends FHFA Director Pulte for Comments on FICO

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

May 28, 2025

CHLA Urges Congress to Protect Homeownership by Rejecting Mortgage Fee Hikes in Reconciliation Bill

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

April 22, 2025