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Home » CHLA

Articles Tagged with ''CHLA''

Long Lead Time Eases Ginnie Issuer Eligibility Concerns

September 14, 2023
Monica Hogan
Ginnie Mae eligibility requirements issued a year ago are largely set to take effect at the end of the month. Most issuers are in compliance with the standards, according to the agency.
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Market Split on GSE Pricing Scheme

August 18, 2023
Dennis Hollier
While many mortgage industry stakeholders want the GSEs’ current capital rule to be changed, others believe it’s a good compromise.
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Slower Transition Urged for Credit Score Changes

August 4, 2023
Dennis Hollier
Industry groups, even those that support FHFA’s plan to revamp how credit scores work in the mortgage space, urge the agency to take more time with implementation.
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CHLA Posits Ginnie Mae Cash Window

July 20, 2023
Monica Hogan
The Community Home Lenders of America is pushing for Congress to create a cash window for deliveries to Ginnie Mae. Former Ginnie President Ted Tozer noted the agency’s charter doesn’t allow it to operate a cash window.
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UI Offers Two Alternatives to FHA Loss-Mitigation Proposal

June 30, 2023
Monica Hogan
Under FHA’s proposal, participating servicers would receive $1,000 in compensation, but the Urban Institute said that personnel costs would often be higher than that.
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Industry Wants Voice in Condo Eligibility Rules

June 23, 2023
Dennis Hollier
New guidelines for GSE condo and co-op lending requirements should be subject to public comment, trade groups argue.
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Trade Groups Continue to Fight GSEs' Condo Rules

June 23, 2023
Dennis Hollier
Lenders, Realtors and community associations team up to fight restrictions put in place following the condo collapse in Surfside, FL.
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Housing Tax Credit Legislation Reintroduced

June 15, 2023
Monica Hogan
The Neighborhood Homes Investment Act would offer tax incentives to support the creation or rehabilitation of 500,000 starter homes.
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FHA Floats New Loss-Mitigation Tool

June 2, 2023
Monica Hogan
The proposed payment supplement partial claim will be particularly useful for distressed borrowers whose mortgages have below-market interest rates.
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FHA Proposes New Loss-Mitigation Tool

June 1, 2023
Monica Hogan
Borrowers could use interest-free partial claim funds to repay shortfalls on an FHA mortgage to bring it current and then receive a reduced monthly payment for three to five years.
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