= Subscriber content; or subscribe now to access all American Banker content.

Brian Collins

Recent Stories From this Author

House Passes Private Flood Insurance Bill by Unanimous Vote
April 28, 2016 The House passed a bill Thursday that would authorize state insurance commissioners to approve flood insurance policies for...

San Francisco FHLB Picks Umpqua Exec as New President
April 27, 2016 The Federal Home Loan Bank of San Francisco has selected Greg Seibly to be its new president and chief executive starting May...

Senate Appropriators Reject FHA Lender Fee
April 22, 2016 Senate appropriators approved $13 million in new funding to update the Federal Housing Administration's "outdated and...

Wilson Takes Reins of Des Moines Home Loan Bank
April 19, 2016 Michael Wilson officially assumed the titles of president and chief executive of the merged Federal Home Loan Bank of Des...

Shelby Asks GAO, CBO to Report on GSE Policy Moves
April 18, 2016 Senate Banking Committee Chairman Richard Shelby, R-Ala., is seeking input from the Government Accountability Office and the...

Strange Bedfellows Push for Private Flood Insurance Legislation
April 18, 2016 The National Association of Realtors is teaming up with a coalition of environmental groups, taxpayer advocates and insurance...

FHA Holding Firm on Premium Reduction, But for How Long?
April 15, 2016 The Department of Housing and Urban Development is continuing to reject calls to slash the annual premium for the Federal...

Freedom Mortgage Settles DOJ Charges Over FHA Loans
April 15, 2016 Freedom Mortgage of Mount Laurel, N.J., has agreed to pay $113 million to settle government allegations that it failed to...

Is FHFA's Principal Reduction Plan 'Too Small and Too Late'?
April 14, 2016 Even while the FHFA finally embarked on a principal reduction plan, critics argued it was a dangerous idea that made Fannie...

Five Years After Housing Trough, FHFA OKs Limited Principal Reductions
April 14, 2016 FHFA Director Mel Watt acknowledged that the principal reduction program may seem "too small and too late."

Is This the Secret to Housing Reform?
April 8, 2016 Fannie Mae and Freddie Mac's experiments with selling credit risk to investors are a critical element of new plan to merge the...

Regulatory Onslaught Keeping Credit Conditions Tight
April 7, 2016 The housing market has been improving but mortgage credit remains "stubbornly" tight on loans bought by the...

Alleged Loan Mod Scammers Could Face Twenty Years in Jail
March 30, 2016 Scammers pocketed $3.8 million from troubled homeowners nationwide and did nothing to modify their loans, according to the...

Bankers Battle FHFA Plan to Let GSEs Buy Tax Credits
March 30, 2016 Bankers are fighting back against a plan that would allow Fannie Mae and Freddie Mac to invest in low-income housing tax...

Housing Experts Float Proposal to Merge GSEs
March 24, 2016 Five policy heavy-hitters issued a proposal this week to merge Fannie Mae and Freddie Mac into a single government corporation...

Lawmakers Object to Discounts on Nonperforming Loan Sales
March 24, 2016 Two senior GOP lawmakers are warning regulators against preferential treatment for housing advocates and nonprofits in sales...

FHFA Leans Toward Principal Cuts But Why Now?
March 23, 2016 The Federal Housing Finance Agency appears poised finally to allow principal reductions, but it's been nearly a decade since...

Servicers Need More Experienced Points of Contact: Counselors
March 18, 2016 As servicers downsize their loss mitigation units, housing counselors are finding the companies' designated points of contact...

Ginnie Mae Needs More Resources, Inspector General Says
March 15, 2016 Ginnie Mae needs more, and better-paid, staff to keep up with growing risks on nonbank seller/servicers, the watchdog agency...

FHA Clarifies Stance on Loan Defects
March 15, 2016 The Federal Housing Administration said Tuesday that it has revised its proposed lender certification requirements in an...