Press releases

(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

(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

(Washington, D.C.) – The Community Home Lenders of America (CHLA) released the following statement in response to HUD’s release today of FHA’s annual MMIF report. “The Community Home Lenders of America (CHLA) is pleased with the latest MMIF report detailing FHA’s strong financial performance. In particular, CHLA believes the FHA report demonstrates the effectiveness of the February 2023 cut of 30 basis points in annual

(Washington, D.C) – The Community Home Lenders of America (CHLA) released the following statement congratulating Donald Trump on his election as 47th president of the United States: “CHLA congratulates Donald Trump on being elected the 47th president of the United States. CHLA looks forward to working with President Trump, Vice President Vance, and the rest of the administration on the critical goal of creating accessible

CHLA Commends Freddie Mac for Expanding Repurchase Alternative Pilot (Washington, D.C.) – The Community Home Lenders of America (CHLA) commends Freddie Mac and FHFA Director Sandra Thompson for expanding the performing loan repurchase alternative pilot program to lenders nationwide. Allowing lenders to opt-in for a fee-based structure rather than requiring a repurchase on a performing loan will ensure higher-quality underwriting and improve consumer protections.   

CHLA Calls Attention to Congressional Letter Calling for DOJ Investigation into FICO Pricing (Washington, D.C.) – The Community Home Lenders of America (CHLA) calls attention to the 34 Senate and House Members for sending a letter on affordable housing Wednesday to President Biden – requesting that the Department of Justice investigate FICO for anti-competitive behavior.   The Congressional letter stated: “The Department of Justice (DOJ) and