Community Home Lenders of America

Summary: The Community Home Lenders of America (CHLA), an organization representing non-bank mortgage lenders and servicers, supports the proposed reductions in risk weights for bank whole residential mortgages and mortgage servicing rights (MSRs). While they support these changes, they also request that the risk weight for warehouse loans be reduced to 50% and call for the creation of a standby liquidity facility for non-bank issuers of Ginnie Mae securities.