February 14, 2019 As reported by Paul Muolo of Inside Mortgage Finance, the Community Home Lenders Association has come out in support of Mark Calabria’s nomination for director of the Federal Housing Finance Agency. Click here to read full article.
January 17, 2019 As reported by Hannah Lang in today’s National Mortgage News, Community Home Lenders Association Executive Director, Scott Olson, weighs in on the latest blueprint on GSE reform offered by The Milken Institute. Click Here to read article.
December 21, 2018 As reported by Victor Whitman in today’s Scotsmanguide.com, the House Financial Services Committee, in its final hearing of 2018, met to listen to industry representatives regarding the Bipartisan Housing Finance Reform Act. Lobbyists for larger housing and banking trade groups, as well as smaller independent mortgage banks … Continue reading
November 26, 2018 As reported by Hannah Lang in National Mortgage News, mortgage lenders and consumer groups are making their voices heard as FHFA develops a plan meant to help with the transition if Fannie and Freddie are released from government conservatorship. CHLA comments. Click Here for full article. … Continue reading
November 15, 2018 As reported by Victor Whitman on scotsmanguide.com, FHA Commissioner Brian Montgomery is looking to make significant changes that will likely make it harder for new borrowers to obtain loans from the Federal Housing Administration. CHLA comments. Click Here for full article.
More balanced oversight is required to ensure fair competition in the mortgage industry by Scott Olson, Executive Director, Community Home Lenders Association “…the time has come for a more even-handed approach to mortgage regulation — a new paradigm if you will — that puts the focus on borrowers; bases the … Continue reading
September 21, 2018 As reported by Jonnelle Marte in The Washington Post, non-bank lenders have been increasing their market share due in part to traditional banks scaling back their presence in the mortgage market. “Banks aren’t really making loans to low- to moderate-income families, so non-banks are doing it,” said Scott Olson, executive … Continue reading
SEPTEMBER 5, 2018 As reported by Victor Whitman on Scotsmanguide.com, the Community Home Lenders Association is urging the Federal Housing Finance Agency to begin working on GSE recapitalization plans after a 10-year conservatorship by the Federal government. Click Here for full article.
September 03 2018 As reported by Hannah Lang on Nationalmortgagenews.com, ten years have passed since the GSEs were placed in “temporary” conservatorship, and long-term GSE reform still seems far-off. Scott Olson, CHLA executive director, comments on some of the reforms enacted under FHFA, and voices support for the GSEs’ need to hold on … Continue reading
August 21, 2018 As reported by Elina Tarkazikis on nationalmortgagenews.com, the Federal Housing Finance Agency is ending its experimental programs expanding the GSEs into the single-family rental market, a move supported by the Community Home Lenders Association. “The Community Home Lenders Association is pleased that FHFA has concluded that GSE financing of large-scale … Continue reading