Former Ginnie Mae president Joseph Murin and former FHA commissioner Brian Montgomery are launching a Washington consulting firm to provide advisory services for mortgage company executives. Mr. Murin said the firm aims to help clients operate strategically in a business environment where markets and the regulatory landscape are shifting. The Collingwood Group already has an office on Pennsylvania Ave. and it has merged with Capital Financial Solutions, which was founded by two former Fannie Mae executives. Mr. Montgomery said the merger will give Collingwood clients access to expertise in fraud prevention, risk management analytics, mortgage fulfillment services, REO and loan modification management. The former Ginnie Mae and Federal Housing Administration officials recently left their government posts and they cannot directly contact those agencies on behalf of clients for one year.
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The newest addition to the Panorama group of companies aims at offering opportunities to first-time home buyers through wholesale and correspondent channels.
10h ago -
The government-sponsored enterprise has reportedly added a new vendor to a test in which it buys certain loans without title insurance or attorney opinion letters.
10h ago -
Federal Reserve Gov. Christopher Waller said that criticisms of the Fed's balance sheet and calls to return to a scarce reserves system are misinformed, saying that much of the central bank's balance sheet is the result of activities outside the Fed's control.
11h ago -
Several large banks are deploying agentic AI. There's a big difference between managing people and managing AI agents.
July 10 -
The New Hampshire congresswoman promised new investigations into scam drivers, including AI and digital payment platforms.
July 10 -
The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed uncertainty around tariffs.
July 10