Politico 1/20/2017 – Trump blocks Federal Housing Administration plan to cut mortgage fees

Trump blocks Federal Housing Administration plan to cut mortgage fees By LORRAINE WOELLERT 01/20/17 01:29 PM EST Updated 01/20/17 03:25 PM EST The Trump administration has suspended a fee cut on mortgages backed by the Federal Housing Administration. “FHA is committed to ensuring its mortgage insurance program remains viable and effective in … Continue reading

Is Trump’s suspension of FHA mortgage insurance premium cut good or bad? – Housing Wire 1/20/2017

Suspended indefinitely January 20, 2017 by  Brena Swanson From the above-referenced Housing Wire article:  “Scott Olson, the Community Home Lenders Association’s executive director, is hopeful that the cut will stick around after review.  ‘Based on the prior administration’s lack of communication on the FHA premium reduction, we believe the decision to … Continue reading

CHLA Touts Role of Non-Banks in FHA Lending – Response to Moody’s Economist

 Community Home Lenders Association Touts Role of Non-Banks in FHA Lending -  Response to Article by Moody’s Economist   Contact: Scott Olson                                                    For Immediate Release          571-527-2601                                … Continue reading

CHLA/CMLA Response Letter to Moody’s Analytics Economist

Mark Zandi Chief Economist Moody’s Analytics 121 North Walnut Street, Suite 500 West Chester, PA 19380-3166   Dear Mark: We read with some interest your recent Washington Post article: “How the Trump Administration can continue progress in U.S. housing”. We were struck by your comments that: “Small non-bank lenders are … Continue reading

Housing Industry Welcomes FHA Mortgage Insurance Premium Cut – Housing Wire 1/09/2017

Positive reaction from across the industry   January 9, 2017 by Ben Lane From the above-referenced article in Housing Wire: “Scott Olson, the executive director of the Community Home Lenders Association, said that the FHA’s premium cut is long overdue. ‘As the first national association to publicly call for this action, … Continue reading

Scotsman Guide – 1/09/2017 FHA Announces Insurance Premium Cut

Jan 9, 2017  11:50 ET FHA announces insurance-premium cut   In one of the last acts of the Obama administration, the Federal Housing Administration has announced another cut to the annual insurance premium on FHA loans. The premium on most FHA loans, ones with balances of $625,500 or less, will be slashed by 25 … Continue reading

CHLA Commends HUD for FHA Premium Cut – 1/08/2017

Community Home Lenders Association Commends HUD for FHA Premium Cut For Immediate Release     January 8, 2017 Contact: Scott Olson 571-527-2601 __________________________________ Scott Olson, Executive Director of the Community Home Lenders Association (CHLA), today released the following statement in response to HUD’s announcement today that it was cutting annual FHA … Continue reading

No, the Future of Fannie and Freddie Is Not a ‘Sideshow’ – National Mortgage News 12/28/16

  No, the Future of Fannie and Freddie Is Not a ‘Sideshow’ By Glen Corso, Scott Olson December 28, 2016 We write jointly as representatives of community mortgage lenders to take issue with the recent opinion piece entitled “GSE ‘Recap’ Experiment is Just a Sideshow.” The underlying premise of this piece … Continue reading