Washington, D.C – February 12, 2025 – Community Home Lenders of America (CHLA) releases statement regarding appointment of Jonathan McKernan to director of the CFPB:
“CHLA commends the nomination of Jonathan McKernan to be director of the CFPB. He brings a wealth of experience as a financial regulator, and we are confident he can make the fundamental changes to the CFPB that are needed to streamline regulation of smaller IMBs, which is critical to supporting access to mortgage credit.”
About Community Home Lenders of America
Community Home Lenders of America (CHLA) is the only national non-profit association that exclusively focuses on small and mid-sized community-based mortgage lenders. The mission of the CHLA is to promote federal mortgage programs, rules, and regulations which treat community mortgage lenders fairly, and which reflect the critical importance that community mortgage lenders play in providing broad access to credit for borrowers, in increasing competition in mortgage markets, and in providing borrowers with quality mortgage services and access to loans at a local level. Learn more: https://www.communitylender.org/ or by following the organization’s LinkedIn page: https://www.linkedin.com/company/community-home-lenders-association-inc/.