Washington, DC (PRWEB) August 20, 2012
The Collingwood Group announced right now that Linda Nessi joined the firm as Vice President of the Risk Management and Compliance Division. The Division is focused on mitigating the danger of enforcement actions and making certain operational readiness and compliance with the rigorous specifications of government lending.

Nessi surely brings a rich background of government plan expertise that will enable her to support the complete variety of The Collingwoods Groups government lending consulting services, which includes managing operational danger assessments, quality manage evaluations across the complete loan life cycle such as origination, servicing and insurance coverage claims, and individual loan file evaluations.

Former FHA Commissioner, Brian Montgomery, now Chairman of The Collingwood Group noted, Not only does Linda bring a wealth of FHA system experience but her tenure at Fannie Mae and Freddie Mac offer an added dimension to the Danger Management and Compliance Divisions notable encounter.

Prior to joining The Collingwood Group, Nessi served as a Director of Testing and Monitoring at Freddie Mac for three years, where she oversaw House Inexpensive Modification System (HAMP) and non-GSE portfolio compliance. Nessi also worked at Fannie Mae for five years, where she managed the Money Commitment Window and the Operations Consultants Group.

Most notably, Nessi spent more than thirty years at the Department of Housing and Urban Development (HUD). The Collingwood Groups bench of personnel is already deep with HUD veterans. Nessis addition further deepens Collingwoods cache of HUD veterans at The Collingwood Group, representing over 250 years of combined HUD experience on staff.

In her tenure at HUD, Nessi served as the Associate Deputy Assistant Secretary, Director of an FHA Homeownership Center, and Branch Chief of FHAs Quality Assurance Division where she was accountable for on-web site loan origination and servicing compliance testimonials. She held other positions at HUD, such as Multifamily Housing Representative, Neighborhood Preparing and Improvement (CPD) Representative and Urban Improvement Action Grant (UDAG) Officer.

Ms. Nessi stated that, It is wonderful to be back functioning with so a lot of former FHA colleagues. The mission of The Collingwood Group and its focus on working with clients to establish and keep greatest practices and compliant applications is one thing I am proud to be a element of.

About The Collingwood Group

The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based business advisory firm focused on growing clientele organizations, promoting revenue development and growing investment returns. The firm is led by Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Montgomery played a main part in the federal governments efforts to address the nations economic crisis and restore stability and liquidity to monetary markets. The firms other founders have held leadership positions within other organizations in the financial solutions business, such as the GSEs. Collingwoods knowledge spans all aspects of Agency, non-Agency and FHA/VA housing financing applications Ginnie Mae securitization activities domestic and international secondary industry activities and troubles major and specific servicing full asset lifecycle vendor and talent management and all elements of portfolio due diligence, acquisition, property management and asset disposition.