Patton Boggs has teamed up with the Collingwood Group to combine both group's expertise under one umbrella.
Patton Boggs’ offers expertise on legal, regulatory and policy issues facing the mortgage banking industry that will be enhanced by the Collingwood Group’s ability to assist clients in defining their business goals and identifying ways to strategically implement them.
The combination will allow both to pursue joint projects where their capabilities can be used to meet potential client needs. Each firm will remain independent of the other.
Patton Boggs’ mortgage banking group, which is led by partners Richard Andreano, John Socknat and Michael Waldron, will head up the joint arrangement on behalf of the firm. The group will work with the Collingwood Group’s leadership, which includes Joe Murin, former president and CEO of Ginnie Mae, and Brian Montgomery, former assistant secretary for housing and federal housing commissioner.
“Patton Boggs continues to be at the forefront of regulatory changes impacting the mortgage banking industry, including Dodd-Frank and other major rulemaking efforts by the Fed, HUD and the Consumer Financial Protection Bureau, as well as efforts by state and federal regulatory agencies to reshape the industry through enforcement action," said Edward Newberry, managing partner at Patton Boggs. "The firm’s arrangement with the Collingwood Group is yet another way Patton Boggs can add value and efficiencies to the services we’re providing our clients.”
“This collaboration will enable us to bring highly focused expertise to our respective clients that relate to legal and regulatory compliance within the mortgage banking and real estate finance industries,” Murin said.