Coalition Comments to the VA Regarding Loan Guaranty: Minimum Property Requirements for VA-Guaranteed and Direct Loans
Advocates commend the VA for seeking input on this important topic and we hope that our comments will help inform the VA’s views.
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Advocates commend the VA for seeking input on this important topic and we hope that our comments will help inform the VA’s views.
DOJ and CFPB jointly sue Colony Ridge for operating an illegal land sales scheme that targeted low-income Hispanic consumers.
This letter from the Underserved Mortgage Markets Coalition to FHFA Director Sandra Thompson recommends that the Government Sponsored Enterprises should retain loan purchase targets for underserved populations even in adverse market conditions.
This coalition letter from over 30 groups urges the FIO to finalize a proposed data collection without further changes to ensure granular data collection on the impacts of climate on financial risk in insurance markets. The proposal, which at its inception was already too narrow, has been further narrowered to omit many key markets and…
The 78 undersigned affordable housing, consumer, health, energy efficiency, environmental, andbusiness organizations urge the FHFA to require that all mortgages for new homes backed by theGovernment Sponsored Enterprises (Enterprises) meet the energy code requirements currentlyproposed by the Department of Housing and Urban Development (HUD) and the U.S. Department ofAgriculture (USDA) for their mortgage products.
In an op-ed originally appearing on Nov. 8, 2023, in The Hill, NCLC Senior Attorney Chi Chi Wu discusses how the Big Three credit bureaus are trying to convince policymakers that forcing consumers to purchase three credit reports and six scores to get approved for a mortgage is somehow better for consumers than only requiring…
Read More about The Hill: For mortgage applications, two credit reports are better than three