General World News

CHLA urges FHA’s equal treatment of homebuyers despite commission status

The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA borrowers, regardless of whether or not the seller is willing to pay the home buyer broker commission,” according to an announcement by the organization.

The letter is being sent in response to a series of real estate commission lawsuits and the recent $418 million settlement by the National Association of Realtors details ⇒

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