CHLA submitted a comment letter to Ginnie Mae, arguing that Ginnie Mae should not stress test smaller IMB issuers, as stress testing would not accurately… Read More »CHLA Comment Letter to Ginnie Mae: Stress Testing is Not Appropriate for Smaller IMB Issuers
In a formal comment letter to Ginnie Mae, CHLA makes the case that FHA Life of Loan premiums drives borrowers to refinance out of FHA… Read More »CHLA Comment Letter: FHA Life of Loan Premiums a Major Cause of Faster Ginnie Prepayment Speeds
CHLA released its set of FHA policy proposals – which include ending the overcharging of borrowers by ending FHA’s Life of Loan premium policy, reducing… Read More »CHLA Releases Recommendations for FHA Policies
CHLA writes the CFPB, asking for targeted flexibility for LO Comp rules – for state bond deals, in truly competitive situations, and to hold loan… Read More »CHLA Letter to CFPB – LO Comp Flexibility
In identical letters (House letter attached) to House and Senate authorizers and appropriators, the Community Home Lenders Association (CHLA) today asked Congress to adopt legislation… Read More »CHLA Asks Congress to Approve Higher Pay Scales for Ginnie Mae Staff