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.
Dominique (Dom) McCoy
Dom has experience in all three branches of the federal government. Previously he had worked 10 years as Senior Counsel on the House Financial Services Committee and 8 years as legislative advisor and counsel to former Congressman Mel Watt (D-NC) (now director of the Federal Housing Finance Agency). Starting in 2013, Dom worked as Chief of Staff for the Rural Housing Service (RHS), and for the last two years was General Deputy Assistant Secretary for Congressional and Intergovernmental Relations at the Department of Housing and Urban Development (HUD).
CHLA Joins Other Groups in Letter to FHA to Eliminate Indemnification Penalties for New Loans with Forbearance
CHLA, along with consumer groups and other trade groups, sent a letter to HUD Secretary Ben Carson, asked FHA to eliminate its recently adopted 20%
Housing Wire: FHA enacts temporary policy shift on forbearances; CHLA pushes back on 20% first loss penalty
A Housing Wire article on FHA’s announcement that it would impose a 20% first loss indemnification penalty on validly underwritten loans that go into forbearance