CMLA again calls for FHA premium reductions

CMLA Advocacy

The FHA has no valid reason to keep premiums higher than what’s needed for actual risk. Doing so price-redlines deserving families unfairly, keeping them trapped paying ever-escalating rents.

CMLACMLA again calls for FHA premium reductions

CMLA says FHA premiums must be cut today.

CMLA Advocacy

CMLA statement on the 2021 MMIF report shows that HUD can reduce premiums today to help working Americans–and still have plenty of money available to protect the program.

CMLACMLA says FHA premiums must be cut today.

Letter Voices Concerns About Various Product and Program Constraints Contained in Recent FHFA Treasury Amendments

CMLA Advocacy

April 6, 2021 The Honorable Janet Yellen SecretaryDepartment of the Treasury 1500 Pennsylvania Ave, NW Washington, DC 20220 The Honorable Mark A. CalabriaDirectorFederal Housing Finance Agency400 7th St, SWWashington, DC 20024 Dear Secretary Yellen and Director Calabria, We are writing to express concerns about the various product and program constraints contained in recent FHFA-Treasury amendments to the Preferred Stock Purchase …

CMLALetter Voices Concerns About Various Product and Program Constraints Contained in Recent FHFA Treasury Amendments

CMLA Collaborates With Other Trades On Letter Regarding QM Definition

CMLA Advocacy

The Honorable Kathleen L. Kraninger Director Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Dear Director Kraninger: The undersigned organizations are writing in response to the Consumer Financial Protection Bureau’s (Bureau) rulemaking regarding the definition of a Qualified Mortgage (QM). Our organizations represent diverse housing finance stakeholders, including consumer groups, lenders, and mortgage insurers, and we appreciate …

CMLACMLA Collaborates With Other Trades On Letter Regarding QM Definition