Don’t Reform Fannie Mae and Freddie Mac into the Grasp of Wall Street and Big Banks (Letter to the Editor – The Washington Post 6/08/16) –

Don’t Reform Fannie Mae and Freddie Mac into the Grasp of Wall Street and Big Banks  (Letter to the Editor – The Washington Post 6/08/16) –

Letters to the Editor Don’t reform Fannie Mae and Freddie Mac into the grasp of Wall Street and big banks June 7 Regarding the June 4 editorial “A financial zombie”: The policy choice we face is simple: Either turn over the securitization and mortgage markets for government-guaranteed mortgage loans to … Continue reading

Congress Risks Letting Big Banks Control Housing Finance (American Banker 5/26/16)

Congress Risks Letting Big Banks Control Housing Finance  (American Banker 5/26/16)

Congress Risks Letting Big Banks Control Housing Finance By Scott Olson May 26, 2016 It is quite clear that comprehensive legislative reform of the government-sponsored enterprises is not going to happen this year. But Congress is still considering adopting piecemeal housing finance provisions in advance of a broader longer-term proposal. Unfortunately, … Continue reading

GSE reform is happening: Are people paying attention? (HousingWire 3/8/16)

GSE reform is happening: Are people paying attention? (HousingWire 3/8/16)

GSE reform is happening: Are people paying attention? The disagreement on what comes next March 8, 2016 Scott Olson  Congress recently adopted so-called government-sponsored enterprise “Jump Start” legislation. Since the bill actually restricts actions to facilitate GSE reform, this is somewhat of a misnomer. But the goal is understandable. Congress … Continue reading

D.C. Must Take Steps to Halt Community Lender Consolidation (American Banker 3/01/16)

D.C. Must Take Steps to Halt Community Lender Consolidation  (American Banker 3/01/16)

D.C. Must Take Steps to Halt Community Lender Consolidation   By Scott Olson March 1, 2016 A recent article in American Banker and National Mortgage News estimated that 20-25% of independent nonbank mortgage lenders “could change hands or simply shut down in the next 12 to 18 months.” This should worry consumers wondering how they will obtain … Continue reading

Time to end Fannie, Freddie Conservatorship (Housing Wire 11/23/15)

Time to end Fannie, Freddie Conservatorship  (Housing Wire 11/23/15)

  It’s far past time to end Fannie, Freddie conservatorship. Here’s how to do it CHLA shares plan for recapitalizing GSEs November 20, 2015 Scott Olson   Fannie Mae and Freddie Mac are back in the news. Administration officials recently said they have no plans to end the GSE Profit Sweep or recapitalize them. And … Continue reading

Nonbank Mortgage Lenders Grow Fast, But Stay Safe (American Banker 6/24/15)

Nonbank Mortgage Lenders Grow Fast, But Stay Safe  (American Banker 6/24/15)

Nonbank Mortgage Lenders Grow Fast, But Stay Safe                       BY SCOTT OLSON JUN 24, 2015 8:00am ET Recent reports of nonbank mortgage lenders’ growing market share of government-backed loans have raised concerns among some policymakers and industry observers. Some critics argue that nonbank lenders are less capitalized than banks and that their loans to … Continue reading

Lower FHA Premiums – (Letter to the Editor -The Washington Post 1/20/15)

Lower FHA Premiums – (Letter to the Editor -The Washington Post 1/20/15)

Letter to the Editor: On behalf of the Community Home Lenders Association (CHLA), the first national association to call for lower FHA premiums, we write to respond to your editorial. The main beneficiaries of lower premiums are not “bankers and real estate agents” – but the 375,000 renters who were … Continue reading