(Washington, D.C.) – The Community Home Lenders of America (CHLA) Executive Director Scott Olson statement regarding the Veterans Administration (VA) circular update on realtor commissions. “CHLA wholeheartedly supports this update by VA which will allow veterans and active-duty service members to fund Realtor ‘buyer’s broker’ commission fees when purchasing a home with a Veterans Affairs (VA) mortgage loan. CHLA recently wrote a letter calling for this action. We look forward to working with the VA and other stakeholders on ways to help veterans participate in the homebuying process.”
See our comment letter – enclosed.