Advocacy
CHLA Asks CFPB to Use FCRA to Rein in Abusive Trigger Leads
Letter comes after Congress strips provision from NDAA (Washington, D.C.) – The Community Home Lenders of America (CHLA) today sent a letter to the Consumer Financial Protection Bureau asking the CFPB to use the Fair Credit Reporting Act (FCRA) to effectively adopt the trigger lead provisions that were just dropped from the National Defense Authorization Act (NDAA) conference report. The CHLA letter referred to letters
CHLA Urges Congress to Increase Funding for Ginnie Mae and FHA
(Washington, D.C.) – The Community Home Lenders of America (CHLA) sent a letter to Congress urging for higher Senate funding levels for salaries and expenses of Ginnie Mae and the Federal Housing Administration (FHA) for FY 2025. “Both Ginnie Mae and FHA play a critical role in affordable and equitable access to homeownership, particularly for first-time and low-to moderate-income borrowers,” said Scott Olson, Executive Director
HousingWire – Mortgage groups gear up to get trigger leads bill passed in 2025
They remain optimistic about the bill’s prospects in the 119th Congress.