Testimony, Comments, Correspondence
NCSHA Comments to CFPB High-Cost Mortgage Rule
NCSHA shares CFPBโs goals of discouraging inappropriate lending practices and providing robust protections for borrowers who take out high-cost mortgages. However, we believe federal regulations must also ensure that responsible loans are not classified as high-cost. Consequently, we urge you to exempt HFA-financed loans from the application of the high-cost mortgage rule.
NCSHA Comments to HUD on Proposed Voucher Rule
Thank you for the opportunity to comment on HUDโs proposed rule to make conforming changes to the regulations of the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher (PBV) programs to reflect the self-executing provisions of the Housing and Economic Recovery Act of 2008 (HERA), to amend the regulations required to implement those statutory provisions of HERA that are not self-implementing, and to make other changes to update or clarify regulations.
