01/20/17 01:29 PM EST Updated 01/20/17 03:25 PM EST As reported by Lorraine Woellert on Politico.com, the Trump administration has suspended an Obama administration mortgage fee cut supported by mortgage lenders and other housing groups, saying more analysis was needed. Click Here for full article.
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
2101 Wilson Boulevard, Suite 610 Arlington, VA 22201 (571) 527-2601 January 11, 2017 CHLA Letter of Support – Confirmation of Dr. Ben Carson as HUD Secretary Hon. Michael Crapo Chairman U.S. Senate Committee on Banking, Housing and Urban Affairs 534 Dirksen Senate Office Building Washington DC 20510 Hon. Sherrod Brown … Continue reading
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
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
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
Jan 9, 2017 11:50 ET As reported by Victor Whitman for ScotsmanGuide.com, the Obama administration has authorized another cut to the annual insurance premium on FHA loans. Click Here for full article.
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’ 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