Scott Olson

Scott Olson

Scott Olson is Executive Director of the Community Home Lenders Association. Olson has over 20 years of experience on Capitol Hill – including 15 as a top housing staffer on the House Financial Services Committee, working on housing and mortgage finance issues.

ARTICLES

Despite relief, independent mortgage bankers say Financial CHOICE Act still needs work

"One additional provision is needed"
The Financial CHOICE Act that recently passed the House Financial Services Committee provides regulatory relief for independent mortgage bankers. But one additional provision is needed to ensure that small IMBs are treated the same as banks are under the bill. Why can’t independent mortgage bankers have the same exemptions as other banks?
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Community lenders: We should be exempt from CFPB exams and primary enforcement, too

Just like most banks already are
The Community Home Lenders Association believes that small non-bank mortgage lenders should be exempt from the Consumer Financial Protection Bureau's exams and primary enforcement, just as most banks already are. Here, the organization explains why and discusses why that exemption would help small lenders better serve consumers.
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It’s far past time to end Fannie, Freddie conservatorship. Here’s how to do it

CHLA shares plan for recapitalizing GSEs
It is now seven years since Fannie Mae and Freddie Mac went into conservatorship. The Community Home Lenders Association says that it believes a government guarantee is needed to maintain an affordable 30-year mortgage and sustain housing markets. But consensus is elusive on what should come next. Here is their plan.
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