Tag Archives: Collingwood Group

Former HUD Deputy Secretary Brian D. Montgomery looks back over a long career in public service and shares the key lessons he’s learned along the way.

The Collingwood Group, a Situs company and Washington, D.C.-based business advisory firm, announced that they have entered into a strategic technology partnership with Decision Ready Solutions, Inc., in order to significantly expand its existing claims advisory business.     The Collingwood ...

Tim Rood is the Co-Founder and Chairman of the Collingwood Group, a Washington, D.C.-based advocacy group for the housing and mortgage industries. Collingwood works to identify and secure business opportunities with the federal government and the GSEs; helps financial services ...

In this special report to DS News, Collingwood Group Vice Chairman Brian Montgomery, former FHA Commissioner, discusses housing policy considerations the new Trump Administration should make its focus. Editor's note: This is a sneak peak at the full story that appears in the January 2017 Black Book issue of DS News.

In Donald Trump’s recent speech at the Detroit Economic Club, Trump called for a temporary moratorium on new financial regulations. According to Collingwood Group, this could mean a boom to the housing and mortgage markets.

Many housing experts and industry analysts have been talking about it for months, and it remains a problem.

With one last opportunity to raise rates this year, many believe that the the Federal Open Market Committee just may follow though with an obscure promise made in the last meeting in October. The Collingwood Group Chairman Tim Rood debated the possible rate hike in December and other topics on Fox Business Network.

When FHA announced it was lowering its mortgage insurance premiums in January by 50 basis points down to 0.85 percent, the move drew intense criticism from Republican lawmakers who accused the agency of cutting off a revenue stream while the Mutual Mortgage Insurance Fund capital ratio sat at 0.41 percent, less than one-quarter of the 2 percent threshold required by Congress.

About 75 percent of the group surveyed said the current regulatory environment is indeed preventing them from lending to consumers who can afford and deserve a mortgage, while 25 percent said today’s regulatory environment does not prevent such lending. One anonymous respondent said, “We punish the whole for the actions of a few.”

Rood, whose two decades of mortgage industry experience include serving as of Senior Director and Principal of Fannie Mae’s eBusiness Division, told radio host Jim Bohannon that the recent surge in apartment construction was largely due to developers taking advantage of millennials who have aspirations of homeownership, but cannot afford it but want to get out of their parents' houses.