The Community Home Lenders Association (CHLA) has recently penned a letter advocating for comprehensive funding for the Federal Housing Administration (FHA) and Government National Mortgage Association (Ginnie Mae) as Congress approaches a crucial spending debate. The goal of this debate is to prevent a potential government shutdown, highlighting the significance of adequate resources for these key housing agencies. CHLA’s proactive stance underscores the importance of ensuring stability and support for the mortgage industry amidst ongoing economic challenges.
Key elements of the CHLA letter include:
– Urging full funding for FHA and Ginnie Mae
– Emphasizing the importance of avoiding a government shutdown
– Advocating for stability and support within the housing industry
– Highlighting the role of FHA and Ginnie Mae in facilitating access to mortgage financing
– Demonstrating industry leadership and proactive engagement with policymakers.
You can read this full article at: https://www.housingwire.com/articles/chla-funding-increases-fha-ginnie-mae-congress-house-senate/(subscription required)
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