“As this year’s IMB Report explains, IMBs overwhelmingly originate federal agency mortgage loans, then sell them to diversified investors through securitization or sell them to aggregators.  As a result, even if there are mortgage loan losses or declining mortgage asset values, IMBs are very much insulated. ”

Regulators should take an active approach to ensuring real competition in essential mortgage loan origination services

In the latest story on HousingWire, Scott Olson joins David Stevens, former CEO of the Mortgage Bankers Association, and Ted Tozer, former President and CEO of Ginnie Mae, to discuss the benefits of returning Fannie Mae and Freddie Mac to the private sector.

In an op-ed for The Mortgage Note, Scott Olson emphasizes the importance of requiring all bank loan originators be “qualified,” in light of the $12 million Bank of America fine for falsifying mortgage data.  

In an op-ed for HousingWire, Scott Olson discusses how IMBs are “doing a much better job than the banks did in 2008 to work with defaulted borrowers and implement loss mitigation to keep borrowers in their home.”

In an op-ed for The Mortgage Note, CHLA argues for the implementation of a uniform annual exam as an effort to streamline the CSBS State Exam System.