For the past eight years, Brian Montgomery has helped mortgage lenders fight penalties sought by the Federal Housing Administration. Now he's President Donald Trump's nominee to lead the agency.
Montgomery, who is seeking a second stint as head of the FHA, would play a key role in mortgage-insurance decisions that could mean billions of dollars for clients of The Collingwood Group, the Washington consulting firm that he co-founded and currently serves as vice chairman.
The potential for conflicts of interest is putting Montgomery in the awkward position of possibly recusing himself from specific matters involving some of the country's top mortgage lenders.
The FHA, which...