Dodd-Frank relief bill moves to the Senate floor – Scotsman Guide 3/05/18

March 5, 2018 As posted on Scotsmanguide.com by Victor Whitman (victorw@scotsmanguide.com) Senate Bill 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, likely has enough bi-partisan support in the Senate to avoid a filibuster.  It is being described as a “skinny” reform measure to address Dodd-Frank.  Scott Olson, executive director … Continue reading

Trade group: America doesn’t need multiple GSEs – Interview with CHLA executive director, Scott Olson

 Feb 26, 2018   By Victor Whitman An interview with CHLA executive director Scott Olson appearing in Scotsman Guide on February 26, 2018, explains why the Community Home Lenders Association is opposed to increasing the number of GSE-type entities, among other proposed reforms. Click Here for full interview.  

Upbeat FHA outlook in Trump budget renews calls for premium reduction – National Mortgage News 2/13/18

  February 13, 2018 As reported by Brian Collins in National Mortgage News, while the Federal Housing Administration mortgage insurance program is expected to be very profitable in the coming fiscal year, renewing calls for a reduction in premiums for home buyers, this does not appear to be under consideration by the Trump … Continue reading

Small-lender trade groups blast GSE plan – Scotsman Guide 1/26/18

January 26, 2018 “Two community mortgage-lender trade associations say they have serious concerns about a recent report on how a government-sponsored enterprise (GSE) reform bill is evolving in the U.S. Senate Committee on Banking, Housing & Urban Affairs.” – (Victor Whitman, Scotsmanguide.com, 1/26/18) Click Here for full article.  

Federal regulator calls for turning GSEs into utilities – Scotsman Guide 1/18/18

January 18, 2018 As reported in Scotsman Guide, FHFA Director Mel Watt has outlined the agency’s recommended approach to reform the GSEs. Declaring that the conservatorship of Fannie Mae and Freddie Mac is unsustainable, he has proposed that they be turned into shareholder-owned utilities. Click Here for full article.