Press releases

(Washington, D.C.) – The Community Home Lenders of America (CHLA) announced today that Amanda Tucker has been appointed to the Board of Directors. In this role, Tucker will support the organization’s mission in promoting federal mortgage programs and regulations which support community mortgage lenders. “Amanda is a strategic leader and a passionate advocate of housing policies that ensure the homeownership journey remains affordable for all stakeholders,”

Letter Responds to Realtor Settlement and Payment Shifting of Buyer Commissions (Washington, D.C.) – Today, the Community Home Lenders of America (CHLA) sent a letter to the Federal Housing Administration (FHA) asking the agency to provide comparable down payment treatment for FHA borrowers, regardless of whether or not the seller is willing to pay the home buyer broker commission.  The letter is a response to the proposed settlement of

(Washington, D.C.) – The Community Home Lenders of America (CHLA) announced today that Paulina McGrath has been appointed as Vice President of CHLA. In this role, McGrath will help lead the organization in advocating for independent mortgage banks nationwide as well as promoting policies that support underserved and first-time homebuyers. “It is my pleasure to welcome Paulina to our leadership team as CHLA continues to grow and

(Washington, D.C.) – The Community Home Lenders of America (CHLA) sent a letter to Representative Blaine Luetkemeyer (R-MO) endorsing his House Resolution 612, which acknowledges the sacrifice and courage of veterans and ensures that Congress does not impose additional fees or costs for benefits earned through this service. Importantly, the letter notes that veterans and active-duty service members should receive their earned benefits as promised and

(Washington, D.C.) – The Community Home Lenders of America (CHLA) commends FHFA for reviving a pilot program that would offer an alternative to title insurance – an initiative that could save first-time and low- to moderate-income homeowners a significant amount of money in closing costs on their refinance. “CHLA applauds FHFA for this title pilot as it could save homeowners thousands of dollars when refinancing their

CHLA Applauds Biden’s Tax Credit Initiative (Washington, D.C) – Community Home Lenders of America (CHLA) commends the Biden administration for the initiatives to increase homeownership affordability – particularly through the Mortgage Relief Credit. “As noted in Biden’s State of the Union address, the proposed Mortgage Relief Credit initiative will lower homeownership costs by reducing the mortgage rate by 1.5 percentage points for two years on a