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Press Releases

CHLA Renews Call for FHA to Reduce Annual Premiums and End Life of Loan Policy in Response to FHA MMIF Report

For Immediate ReleaseContact: Scott Olson571-527-2601  The Community Home Lenders of America (CHLA) released the following statement in response to this morning’s release of the FHA MMIF Report:  “The Community Home Lenders of America (CHLA) renews its longstanding call for FHA to cut annual premiums and end its Life of Loan policy, in the wake of today’s MMIF financial report showing growing reserves and Net worth

CHLA Calls for Reduction in VA Home Loan Mortgage Guarantee Fees

Today the Community Home Lenders of America (CHLA) wrote a letter to Congressional Chairs and Ranking Members of the House and Senate Veterans Affairs Committees calling for a reduction in the fees veterans pay for Veterans Administration (VA) mortgage loans. Higher VA home mortgage fees – so-called Blue Water Navy fees – have been in place by statute since 2019 in order to pay for non-mortgage VA benefits, and

CHLA Applauds FHFA for Eliminating UpFront Fees for Certain First-time Homebuyers

For Immediate Release Contact: Scott Olson 571-527-2601 The Community Home Lenders of America (CHLA) today released this statement in response to FHFA’s announcement that it was “eliminating upfront fees for First-time homebuyers at or below 100 percent of area median income (AMI) in most of the United States and below 120 percent of AMI in high-cost areas.” “The Community Home Lenders of America (CHLA) applauds

CHLA Releases its Latest Annual “IMB Report”

The Community Home Lenders of America (CHLA) today issued its latest annual IMB Report, a comprehensive analysis of key issues affecting independent mortgage banks (IMBs) and the critical role IMBs play in access to mortgage credit, particularly for minorities and other underserved borrowers.