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

[Counterpoint] Here’s how small lenders can support GSE reform (7/5/17)

The debate behind recapitilizing the GSEs by  Bill Giambrone, CHLA President This Op-Ed appeared in HousingWire on  July 5, 2017.  It is time to put to rest the straw man argument that groups in Washington that want to recapitalize the government sponsored enterprises or build a capital buffer want to “recap … Continue reading

CHLA, CMLA & NAACP Op-Ed on Fannie Mae and Freddie Mac Troubles as capital dwindles (6/7/17)

As capital dwindles, trouble looms for Fannie Mae and Freddie Mac This Op-Ed appeared in The Hill on June 7, 2017. BY GLEN CORSO, SCOTT OLSON AND HILARY SHELTON, OPINION CONTRIBUTORS  Federal Housing Finance Agency (FHFA) Director Mel Watt recently delivered two direct messages to Congress: First, it is dangerous … Continue reading

Independent Mortgage Bankers say Financial CHOICE Act still needs work (5/10/17)

“One additional provision is needed” by  Scott Olson This Op-Ed appeared in  HousingWire on 5/10/17. The Financial CHOICE Act (FCA) that recently passed the House Financial Services Committee provides regulatory relief for independent mortgage bankers (IMBs). IMBs are nonbank mortgage lenders – the very lenders that stepped up to expand mortgage access to … Continue reading