NCSHA Comment Letter on HUD Small Mortgage Lending RFI
On December 5, 2022, NCSHA submitted these comments to HUD in response to its Request for Information Regarding Small Mortgage Lending. NCSHA agreed with HUD’s conclusion that a primary barrier to small balance mortgage loan lending is the cost to originate and service small mortgage loans in relation to the limited potential compensation afforded by them. NCSHA proposed three recommendations for HUD to consider during any rule-making process surrounding small mortgage lending.
