Yet another Industry Veteran to Be part of the Collingwood Group as Vice President


Washington, DC (PRWEB) August 20, 2012

The Collingwood Team introduced nowadays that Linda Nessi joined the agency as Vice President of the Danger Administration and Compliance Division. The Division is concentrated on mitigating the risk of enforcement actions and ensuring operational readiness and compliance with the arduous requirements of government lending.

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Nessi undoubtedly delivers a wealthy history of federal government software experience that will permit her to assistance the complete variety of The Collingwoods Groups government lending consulting solutions, like handling operational danger assessments, quality handle critiques across the entire bank loan life cycle such as origination, servicing and insurance policies statements, and specific financial loan file testimonials.

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Former FHA Commissioner, Brian Montgomery, now Chairman of The Collingwood Team noted, Not only does Linda deliver a wealth of FHA program experience but her tenure at Fannie Mae and Freddie Mac supply an added dimension to the Chance Administration and Compliance Divisions notable experience.

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Before signing up for The Collingwood Group, Nessi served as a Director of Screening and Checking at Freddie Mac for a few several years, exactly where she oversaw Residence Reasonably priced Modification Software (HAMP) and non-GSE portfolio compliance. Nessi also labored at Fannie Mae for five many years, where she managed the Money Dedication Window and the Functions Consultants Team.

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Most notably, Nessi put in in excess of 30 several years at the Section of Housing and City Development (HUD). The Collingwood Groups bench of staff is presently deep with HUD veterans. Nessis addition more deepens Collingwoods cache of HUD veterans at The Collingwood Group, representing in excess of 250 a long time of mixed HUD knowledge on staff.

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In her tenure at HUD, Nessi served as the Associate Deputy Assistant Secretary, Director of an FHA Homeownership Heart, and Branch Chief of FHAs Top quality Assurance Division where she was responsible for on-web site financial loan origination and servicing compliance reviews. She held other positions at HUD, including Multifamily Housing Consultant, Local community Arranging and Growth (CPD) Consultant and Urban Growth Action Grant (UDAG) Officer.

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Ms. Nessi stated that, It is superb to be again operating with so many previous FHA colleagues. The mission of The Collingwood Group and its target on operating with clientele to create and preserve very best practices and compliant packages is one thing I am very pleased to be a portion of.

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About The Collingwood Team

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The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based mostly business advisory company centered on expanding customers companies, promoting earnings expansion and escalating investment returns. The company is led by Brian Montgomery, previous Assistant Secretary for Housing and Federal Housing Commissioner. Montgomery performed a significant function in the federal governments initiatives to deal with the nations fiscal crisis and restore balance and liquidity to monetary marketplaces. The companies other founders have held leadership positions in other corporations in the economic services business, like the GSEs. Collingwoods skills spans all aspects of Company, non-Agency and FHA/VA housing financing packages Ginnie Mae securitization activities domestic and worldwide secondary marketplace routines and concerns primary and unique servicing total asset lifecycle vendor and expertise management and all factors of portfolio thanks diligence, acquisition, house administration and asset disposition.

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Far more Securitization Press Releases

SFG Finance Senior Vice President Robert Chickowski to Retire Jan 31, 2013

ARLINGTON, Texas (PRWEB) January 08, 2013

SFG Finance LLC (http://www.sfgfinance.com), a purchaser of vehicle paper from BHPH sellers, new vehicle franchise sellers, finance organizations, banking institutions and credit unions, right now announced that Robert Chickowski, Senior Vice President of Acquisitions, will retire January 31, 2013.

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Chickowskis selection to retire will come after 46 a long time in the customer and business finance market. He began his occupation with House Finance in 1967 and has held senior management positions with ITT Finance, Citibank and Citicorp, Advanta Car Finance Corporation, Motorcar Acceptance Corporation, FSB Financial, Regional Acceptance Company and he has expended the previous 10 many years with FSB, Regional, and SFG Finance.

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I have known Bob for many years and have enjoyed functioning with him at several businesses like FSB Fiscal, Regional Acceptance Company, and SFG Finance. He will be significantly missed, but I am fired up to see him go on to the next chapter of his existence as a retired govt, explained Steve Burke, President and CEO of SFG Finance. Concerning the impact on SFGs acquisitions method, Burke said, Bob leaves a massive part to fill, and I know we will find the right individual for the placement.

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Since its inception, SFG Finance has actively acquired and closed portfolios from sellers and finance organizations nationwide. Portfolio dimensions variety from $ 500,000 to $ a hundred and fifty million, servicing unveiled.

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Funding is manufactured feasible by SFGs mother or father lender, with the added gain of no want to securitize additionally a a lot more secure expense of money. SFG Finance delivers total transparency and up-entrance pricing based on Its exceptional analytics.

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SFG is a wholly owned subsidiary of Southside Bank, a single of the nations greatest impartial banking institutions.

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About SFG Finance:

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SFG Finances tagline is: In which Relationships and Integrity Issue. The firm is an active purchaser of automobile finance receivables, and its govt professionals every single have above 30 years of market encounter. It is a wholly owned subsidiary of Southside Lender, a single of the nations largest impartial banking companies with approximately $ three Billion in property. SFG Finance buys BHPH by means of tremendous prime auto paper, servicing introduced, from banking companies, credit rating unions, vehicle sellers, and other economic establishments nationwide. The companys aggressive pricing and knowledge across all credit score spectrums make it an sector leader. For more details go to: http://www.sfgfinance.com or get in touch with (800) 994-0898.

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