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.
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.
April 16, 2018 Scotsman Guide The Consumer Financial Protection Bureau (CFPB) under the direction of Mick Mulvaney, is reviewing how the agency handles consumer complaints against financial-services companies. Members of the mortgage industry have opposed the releasing of these complaints to the public, stating without full verification, some companies may … Continue reading
April 23, 2018 As posted on Scotsmanguide.com by Victor Whitman (firstname.lastname@example.org) Two members of Congress on the House Financial Services Committee, have introduced legislation seeking better guidance from the CFPB in response to a call from some mortgage industry groups. Click here for full article.
March 14 2018 As reported by Brad Finkelstein in National Mortgage News, mortgage trade groups including CHLA, would like to see more transparency of a new pilot program, IMAGIN, between Freddie Mac and Arch Capital. Click Here for full article.
March 5, 2018 As posted on Scotsmanguide.com by Victor Whitman (email@example.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
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.
February 14, 2018 GSEs Fannie Mae and Freddie Mac have announced that “they will need to take draws on the U.S. Treasury after taking one-time hits as a result of last year’s tax overhaul.” (Victor Whitman, Scotsman Guide 2/14/18) Click Here for full article.