Op-Eds
HousingWire – Opinion: IMB risk doesn’t merit regulator alarm
“IMBs welcome scrutiny of both their finances and their performance in serving consumers’ mortgage needs. They just ask that a good narrative doesn’t get in the way of the facts.”
National Mortgage News – What IMB Advocates Want in the Year Ahead
“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. ”
HousingWire – Opinion: How regulators can reduce costs and increase equity
Regulators should take an active approach to ensuring real competition in essential mortgage loan origination services
HousingWire – Opinion: To support low-income borrowers, return Fannie Mae and Freddie Mac to the private sector
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.
The Mortgage Note – Opinion: All Mortgage Loan Originators Should Be Qualified To Originate Loans
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.
HousingWire – Opinion: IMB servicers Do A Better Job Than Banks on Loss Mitigation
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.”
HousingWire- NAR wants VA to change rules that prohibit veteran buyers from paying broker commissions
In a letter submitted to Bell on Monday, the CHLA called on the VA to expedite regulatory change that would allow veterans and active-duty service
CHLA Commends FHFA for Reviving Its Title Insurance Pilot Program
(Washington, D.C.) – The Community Home Lenders of America (CHLA) commends FHFA for reviving a pilot program that would offer an alternative to title insurance –