(Washington, D.C.) – The Community Home Lenders of America (CHLA) released the following statement on Scott Turner’s nomination as Secretary of the U.S. Department of Housing & Urban Development.
“CHLA congratulates Scott Turner on being nominated as the next HUD Secretary. We look forward to continuing to work with HUD and the rest of the administration on creating affordable and accessible homeownership, particularly for first-time and underserved borrowers.
Heading into 2025, CHLA will continue to spearhead important initiatives at FHA that protect borrowers and the community lenders that serve them, such as: premiums commensurate with risk, a partial claims payment option, streamlining condo approvals, and pay-scale comparability.”