Opinion: CRA doesn’t work for banks or IMBs
September 26, 2022
CHLA Executive Director Scott Olson opposes the extension of the Community Reinvestment Act to independent mortgage banks.
Leadership
SCOTT OLSON
EXECUTIVE DIRECTOR
Scott has over 20 years experience working on Capitol Hill, 15 of which he served on the House Financial Services Committee, where he held a title of Housing Policy Director. He worked extensively on housing finance issues, including GSE reform, FHA legislation, mortgage regulations, and mortgage servicing issues. Scott Olson also has six years private sector experience as a public finance investment banker and four years experience in commercial real estate finance and investments.
Robert Zimmer
External Affairs Consultant
Robert Zimmer is a longtime financial services executive with over 30 years of experience. He leads the strategic consulting firm TVDC, which handles press, government relations, and business development for financial clients, and previously served as a staff member of the House Financial Services Committee and head of Congressional Relations for Freddie Mac.
David Horne
External Affairs Consultant
David Horne has spent most of the past 20 years providing government relations advocacy and strategic advice for a broad range of clients. Prior to starting his own lobbying practice, David spent six years on Capitol Hill as Senior Counsel for the House of Banking, Housing, and Community Opportunity Committee and as a Chief of Staff; from 2008-2009 David was the Chief of Staff for the Department of Housing and Urban Development. In his practice, David interacts extensively with Congress and the Executive Agencies, primarily the Department of Housing and Urban Development, the Department of Veterans Affairs, the Consumer Financial Protection Bureau, the Federal Housing Finance Agency, and the Office of Management and Budget. From 1990 to 1995 he practiced law with Gibson, Dunn & Crutcher in Los Angeles and Washington where he worked mostly on real estate, bankruptcy, and corporate reorganization cases.
CHLA Renews Request to Ginnie Mae to Exempt Small and Mid-sized IMBs from Bank-like Capital Requirements
September 12, 2022
CHLA Letter Identifies Alternative Approaches to Address Liquidity and Going Concern Issues
Ginnie Mae’s New Capital Rules Draw Split Opinions
September 12, 2022
The Community Home Lenders Association wrote a letter to Ginnie, renewing its request that the government bond insurer “exempt small and mid-sized independent mortgage banks”