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Brian Collins

Recent Stories from This Author

Why HUD's Loan Sales Continue to Stoke Concerns
May 26, 2016 The Federal Housing Administration's loan sales are drawing more attention after a recent critical report said it was...

HUD's Premium Pricing for First-Time Buyers Still a Problem: Watchdog
May 26, 2016 The Inspector General for the Department of Housing and Urban Development Inspector General is not backing down on his...

FHA Gives OK to Down Payment Help Following IG's Criticism
May 25, 2016 The Department of Housing and Urban Development is telling lenders that down payment assistance programs still qualify for FHA...

Watt Warns FHLBs on Reliance on Short-Term Funding
May 24, 2016 FHFA Director Mel Watt also reiterated concerns regarding insurance companies and large bank members, saying that some Home...

House Passes Bill to Increase Job Mobility for Mortgage Officers
May 23, 2016 The House passed a bill by a voice vote Monday that will make it easier for mortgage originators to take a new job across...

Justice Dept. Sues Guild Mortgage in False Claims Case
May 19, 2016 The Justice Department filed suit Thursday against Guild Mortgage, arguing the firm violated the False Claims Act by...

FHA Proposes New Consumer Protections on Reverse Mortgages
May 18, 2016 The Department of Housing and Urban Development issued a proposal Wednesday to codify recent changes to its reverse mortgage...

M&T to Pay $64M to End Legal Fight Over FHA Lending
May 16, 2016 WASHINGTON -- M&T Bank has agreed to pay $64 million to settle U.S. government allegations that it originated defective...

Fannie Readies Launch of 'Trended Data' Initiative
May 16, 2016 The June 25 launch, which will provide lenders with much more information about a borrower's credit history, will mark the...

Flood Insurance Bill Could Threaten the GSEs
May 9, 2016 The Consumer Mortgage Coalition is arguing that the bill has serious flaws by allowing private insurers to undercut pricing on...

As Investment Portfolio Dwindles, Fannie Looks Elsewhere for Growth
May 5, 2016 Going forward, Fannie Mae will be relying more on loan guarantee fee income from its single-family and multifamily businesses.

FHFA Again Eases Up on Multifamily Cap for GSEs
May 4, 2016 The Federal Housing Finance Agency announced Wednesday it had raised a cap on the amount of multifamily loans Fannie Mae and...

Freddie's Quarterly Loss Renews Cries to End Profit Sweep
May 3, 2016 Industry groups are urging the Federal Housing Finance Agency to end the sweep of profits of the GSEs so that Fannie and...

Market for Mortgage Servicing Rights Heats Up
May 2, 2016 Servicing rights are high-yielding assets, making them attractive investments for hedge funds, real estate investment trusts...

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...

'There Is No One Blockchain to Rule Them All'
Don Tapscott and Alex Tapscott, authors of "Blockchain Revolution," discuss the implications for banks of distributed ledger technology, the pros and cons of private blockchains compared to open networks, how DAOs might eliminate moral hazard, and more.
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