Viewpoint: Temper Ideals with Reality in Housing Reform

Laudable goal of reducing government footprint needs to be weighed against what policy changes will accomplish By Michael Delehanty, chief financial officer, Community Home Lenders Association |  bio This spring, the Community Home Lenders Association (CHLA) hosted a roundtable in Washington, D.C., on federal government mortgage programs and their role in ensuring access … Continue reading

Opinion: Holistic approach needed to fix vital federal mortgage programs

The following Op-Ed by CHLA Board Member, Deborah Sturges, appeared in National Mortgage News on May 17, 2019. By Deborah Sturges In late March, the Trump administration sent a memo asking the Department of Housing and Urban Development and Treasury to develop plans and recommendations on housing finance reform, focusing … Continue reading

Op-ed: Ginnie Mae must balance supervision with the scope of servicers’ risk

By Scott Olson This Op-ed appeared in National Mortgage News on February 23, 2019. In tightening of supervision of its smaller issuers, there are reports of Ginnie Mae not granting full commitment authority requests, and raising net worth and liquidity standards above publicly posted levels. These actions are causing some … Continue reading

CHLA Op-Ed: It’s Time for a New Regulatory Paradigm – November 2018

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

Opinion by CHLA President Bill Giambrone – Blazing a Trail Through the GSE Jungle (July 2018)

Housing-finance reform doesn’t require hacking away the current system This article appeared on Scotsmanguide.com – July 2018 By Bill Giambrone, president and CEO, Platinum Home Mortgage | bio  In just two months, it will be the 10-year anniversary of the federal government putting Fannie Mae and Freddie Mac into conservatorship. This past April, Treasury Secretary … Continue reading

Preserving homeownership incentives – a national priority in tax reform (11/22/17)

Here’s a better solution for tax reform This Op-Ed appeared in Housing Wire on November 22, 2017. by Scott Olson The Community Home Lenders Association is very supportive of the goals of the pending House and Senate tax bills of providing tax relief for individuals and corporations and simplifying and reforming the tax code. And if … Continue reading

Op-Ed: Regulatory playing field for banks, non-banks is anything but level (10/11/17)

This Op-Ed appeared in BankThink on October 11 2017. By Scott Olson Policymakers in Washington often have the objective to level the regulatory playing field. But federal oversight of mortgage bankers has been anything but equitable. The Consumer Financial Protection Bureau was given authority to examine both bank and nonbank mortgage lenders, the idea being … Continue reading

CHLA President Op-Ed – Small lenders need to be in room where debate happens (6/27/17)

Published in American Banker on June 27th, 2017. by CHLA president, Bill Giambrone As the Senate Banking Committee seeks to revive talks over reforming the government-sponsored enterprises, a central question is the extent to which it will take into account small, independent mortgage bankers. Will they creating an equal housing finance playing field, or instead create a … Continue reading

Op-Ed – CHLA president, Bill Giambrone: Small lenders want GSEs preserved (8/1/17)

Published by Scotsman Guide on August 1, 2017   By William Giambrone Recently, I had the privilege of testifying before the U.S. Senate banking committee on behalf of the Community Home Lenders Association (CHLA) on reform of the government-sponsored enterprises, or GSEs. The hearing brought together associations representing different types of small lenders. … Continue reading