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 and release” the GSEs without reforms. Unfortunately this argument is the approach taken in, “Here’s

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 to operate the two institutions that undergird half of the U.S. mortgage market and support

“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 credit for consumers since the 2008 housing crisis, at the same time that many banks

This Op-Ed appeared in BankThink (American Banker) on April 26, 2017. By  Scott Olson We are approaching the 10th year of the conservatorship of Fannie Mae and Freddie Mac, yet Congress continues to struggle to produce a comprehensive reform bill for the government-sponsored enterprises. GSE reform has stalled as Fannie and Freddie — which must sweep their profits to the Treasury — are projected to have zero

No, the Future of Fannie and Freddie Is Not a ‘Sideshow’ By Glen Corso, Scott Olson This Op-Ed appeared in National Mortgage News on December 28, 2016. We write jointly as representatives of community mortgage lenders to take issue with the recent opinion piece entitled “GSE ‘Recap’ Experiment is Just a Sideshow.” The underlying premise of this piece — that there is no difference between a