CHLA writes to express our strong support for H.R. 3141, the “FHA Loan Affordability Act of 2019.”

June 7, 2019 The Honorable Maxine Waters Chairwoman House Committee on Financial Services 2129 Rayburn House Office Building  Washington, DC 20515 The Honorable Patrick Mc HenryRanking Member House Committee on Financial Services 4340 O’Neill House Office Building                                                                       Washington, DC 20024                                                                                                               Dear Chairwoman Waters and Ranking Member McHenry: The … Continue reading

Viewpoint: Temper Ideals with Reality in Housing Reform

Laudable goal of reducing government footprint needs to be weighed against what policy changes will accomplish By Michael Delehanty, chief financial officer, Community Home Lenders Association |  bio This spring, the Community Home Lenders Association (CHLA) hosted a roundtable in Washington, D.C., on federal government mortgage programs and their role in ensuring access … Continue reading

CHLA Letter to GNMA Re: Request for Input Regarding Potential Changes to the Parameters Governing Loan Eligibility for Pooling into Its Mortgage-Backed Securities (MBS)

Government National Mortgage Association 451 7th Street, Room B-133 Washington, DC 20410 The Community Home Lenders Association (CHLA) appreciates the opportunity to submit these comments in connection with the Request for Input issued by Ginnie Mae on May 3 regarding potential changes to the parameters governing loan eligibility for pooling … Continue reading

Opinion: Holistic approach needed to fix vital federal mortgage programs

The following Op-Ed by CHLA Board Member, Deborah Sturges, appeared in National Mortgage News on May 17, 2019. By Deborah Sturges In late March, the Trump administration sent a memo asking the Department of Housing and Urban Development and Treasury to develop plans and recommendations on housing finance reform, focusing … Continue reading

Op-ed: Ginnie Mae must balance supervision with the scope of servicers’ risk

By Scott Olson This Op-ed appeared in National Mortgage News on February 23, 2019. In tightening of supervision of its smaller issuers, there are reports of Ginnie Mae not granting full commitment authority requests, and raising net worth and liquidity standards above publicly posted levels. These actions are causing some … Continue reading

LO Comp Flexibility to Increase Consumer Choice and Savings

2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 April 8, 2019 Ms. Kathy Kraninger Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC 20552 Dear Director Kraninger: The Community Home Lenders Association (CHLA) is writing to offer recommendations on how to provide targeted flexibility on Loan … Continue reading