twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map
Financial Regulation News | Mortgage Regulations
Bank and mortgage regulators, regulations and regulatory actions. Coverage of regulatory legislation and testimony.
Former FHA, Ginnie Chiefs Launch New Venture

The Collingwood Group formed

August 18, 2009

By staff

A new company was launched by the former president of the Government National Mortgage Association and the former commissioner of the Federal Housing Administration -- both Bush administration appointees. The new venture provides help for mortgage firms that are struggling to navigate an evolving regulatory environment.

The formation of The Collingwood Group LLC was announced today in a news release.

The company, based in Washington, D.C., said it will be providing consulting services to boards of directors and senior executives of financial services companies. It hopes to capitalize on the need for such firms to work more closely with the federal government as the regulatory environment continues to change.

Collingwood will specialize in secondary market activities as well as capital market activities, mortgage servicing and default servicing. It will also handle risk and loss management and business and technology planning and development.

Serving as one of four managing directors of Collingwood is Joseph Murin. Murin was appointed chief executive officer of Ginnie Mae by President George W. Bush in 2008, and he just resigned from the post this month.

Under Murin, issuance at Ginnie soared from $24.9 billion in July 2008 to $44.2 billion last month.

Collingwood photo of Joseph Murin

Collingwood photo of Brian Montgomery

A second managing director, Brian Montgomery, was FHA commissioner from June 2005 until last month when he was replaced by President Barack Obama's nominee David H. Stevens. Montgomery was also appointed by the Bush administration.

Montgomery noted that the company helps clients "effectively navigate the business and public policy environment in some of the most challenging economic conditions the nation has ever known."

Two other managing directors, Brian O'Reilly and Tim Rood, co-founded the consulting firm Capital Financial Solutions LLC in 2007. Capital Financial was immediately merged into Collingwood.

O'Reilly previously served as director of automated underwriting and risk management solutions at Fannie Mae, while Rood was previously an executive with First American and Fannie's eBusiness division.

Services to existing Capital Financial clients will be expanded to include fraud risk management, risk management analytics and mortgage fulfillment services. In addition, REO management and disposition and loan modification management will be provided.

next story

back to current headlines

FHA News | Government Resources | M o r t g a g e e Letters | FHA Statistics
FHA, VA and HECM mortgage news. HUD and G i n n i e news also. Originations, servicing and FHA approval.

Political Mortgage News | Mortgage Laws
Mortgage people in politics. Political contributions by mortgage companies. Coverage of political support by lenders and executives. GSE lobbying and issues.

Logout forgot

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders