[May 2019] ELIMININATING LIFE OF LOAN PREMIUMS FHA should end its Life of Loan premium policy that was put in place in 2013. This policy (1) Overcharges borrowers, who have paid 10% in premiums by the time they hit the 78% LTV mark, (2) Hurts FHA finances by reducing its … Continue reading
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
February 14, 2019 As reported by Paul Muolo of Inside Mortgage Finance, the Community Home Lenders Association has come out in support of Mark Calabria’s nomination for director of the Federal Housing Finance Agency. Click here to read full article.