June 25 2018 In Rob Blackwell‘s Opinion piece in National Mortgage News, he acknowledges that support from community banks is crucial for passage of GSE reform. Click Here for full article.
June 27, 2018 Reported by Hannah Lang in National Mortgage News – CHLA Executive Director, Scott Olson, talks about the potential problems of additional guarantors, the importance of G Fee parity and prospects for administrative reform of FHFA. Click Here for full article.
June 21, 2018 As reported by Victor Whitman in Scotsman Guide, the White House yesterday released their plan to end the federal charters of GSEs and privatize Fannie Mac and Freddie Mae. Click Here for full article.
…But Renews concerns about Additional Guarantors & Small Lender Protections Response to Release of “Delivering Government Solutions in the 21st Century” Contact: Scott Olson For Immediate … Continue reading
GSE Main Street Coalition Letter Asks FHFA Director Watt to Use HERA authority to: (1) Suspend the quarterly Profit Sweep, and (2) Direct Fannie and Freddie to develop capital restoration plans Contact: Scott Olson … Continue reading
June 18, 2018 The Honorable Mel Watt Director Federal Housing Finance Agency 400 7th Street, SW Washington, DC 20024 Dear Director Watt: The signatories below represent civil rights organizations and trade associations of community banks, builders, and independent mortgage lenders. Under your leadership, Fannie Mae and Freddie Mac have made … Continue reading
June 1, 2018 by Rob Chrisman (Excerpt) …“Because FHA borrowers are being overcharged and FHA’s financial metrics continue to be strong, CHLA is renewing its call to reduce annual premiums and end Life of Loan,” says Scott Olson. Click Here for full article.